Headlines about Eldorado Gold Corporation (NYSE:EGO) (TSE:ELD) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Eldorado Gold Corporation earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave media headlines about the basic materials company an impact score of 43.2739427613153 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have effected Accern Sentiment’s analysis:
- Eldorado Gold Corporation (EGO)- Stocks Rallying on Performance Valuation – NASDAQ Times (nasdaqtimes.com)
- Checking the Indicators on Eldorado Gold Corp (EGO) — Share Focus – Newburgh Gazette (newburghgazette.com)
- UPDATE 3-Eldorado gets more Greek mine permits, but standoff persists (cnbc.com)
- Eldorado Gold Receives Further Olympias Permits (finance.yahoo.com)
Shares of Eldorado Gold Corporation (NYSE EGO) traded down 2.52% during trading on Friday, reaching $2.32. The company had a trading volume of 19,428,792 shares. The stock’s 50-day moving average price is $2.01 and its 200-day moving average price is $2.81. Eldorado Gold Corporation has a 52 week low of $1.77 and a 52 week high of $4.34. The company’s market capitalization is $1.66 billion.
Eldorado Gold Corporation (NYSE:EGO) (TSE:ELD) last issued its quarterly earnings data on Thursday, July 27th. The basic materials company reported $0.01 EPS for the quarter. The firm had revenue of $82.70 million for the quarter, compared to analyst estimates of $104.71 million. Eldorado Gold Corporation had a net margin of 1.00% and a return on equity of 1.41%. The firm’s revenue was down 22.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.01) EPS. On average, equities analysts expect that Eldorado Gold Corporation will post $0.04 EPS for the current fiscal year.
Several equities research analysts have recently issued reports on EGO shares. TD Securities decreased their price objective on Eldorado Gold Corporation from $4.75 to $4.25 and set a “buy” rating for the company in a report on Tuesday, September 12th. Scotiabank cut their target price on Eldorado Gold Corporation from $3.25 to $3.00 and set a “sector perform” rating for the company in a research note on Tuesday, September 12th. BidaskClub upgraded Eldorado Gold Corporation from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 12th. Credit Suisse Group downgraded Eldorado Gold Corporation from a “neutral” rating to an “underperform” rating and set a $2.40 target price for the company. in a research note on Monday, July 31st. Finally, Royal Bank Of Canada set a $4.00 target price on Eldorado Gold Corporation and gave the stock a “buy” rating in a research note on Monday, June 12th. Five investment analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $4.18.
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About Eldorado Gold Corporation
Eldorado Gold Corporation (Eldorado) is a gold exploration, development and mining company. The Company’s geographical segments include Turkey, Brazil, Greece, Romania and Other. The Turkey segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkey. The Brazil segment includes the Vila Nova mine, Tocantinzinho project and exploration activities in Brazil.
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