BMO Capital Markets Has Lowered Expectations for Eldorado Gold (TSE:ELD) Stock Price

Eldorado Gold (TSE:ELD) (NYSE:EGO) had its price objective lowered by BMO Capital Markets from C$31.00 to C$29.00 in a research report released on Thursday morning,BayStreet.CA reports.

Other equities research analysts have also issued reports about the company. National Bankshares dropped their price target on Eldorado Gold from C$28.00 to C$27.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 15th. Stifel Nicolaus dropped their price target on Eldorado Gold from C$28.00 to C$27.00 in a research report on Monday, November 25th.

Eldorado Gold Trading Up 2.7 %

TSE ELD opened at C$22.34 on Thursday. The stock has a market cap of C$4.57 billion, a P/E ratio of 18.62, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22. The company has a debt-to-equity ratio of 20.85, a quick ratio of 2.28 and a current ratio of 3.62. The stock has a 50 day simple moving average of C$22.20 and a two-hundred day simple moving average of C$22.92. Eldorado Gold has a fifty-two week low of C$13.10 and a fifty-two week high of C$26.32.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last released its quarterly earnings results on Thursday, October 31st. The company reported C$0.47 earnings per share for the quarter, beating the consensus estimate of C$0.46 by C$0.01. Eldorado Gold had a return on equity of 4.99% and a net margin of 15.68%. During the same quarter last year, the firm earned $0.23 EPS. On average, analysts forecast that Eldorado Gold will post 2.1505174 earnings per share for the current year.

Eldorado Gold Company Profile

Eldorado Gold Corp is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill and Certej projects.