A statement released earlier today by BMO Capital Markets about Eldorado Gold Corporation (TSE:ELD) bumps the target price to $2.50

Just yesterday Eldorado Gold Corporation (TSE:ELD) traded 2.99% higher at $2.81. ELD’s 50-day average is $2.55 and its two hundred day average is $3.76. With the last close down -35.86% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the same period. Volume of trade was down over the average, with 2,150,318 shares of ELD changing hands under the typical 3,108,250

BMO Capital Markets bumped up the target of Eldorado Gold Corporation (TSE:ELD) to $2.50 reporting a possible downside of -0.11%.

Previously on 9/12/2017, BMO Capital Markets reported on Eldorado Gold Corporation (TSE:ELD) reduced the target price from $4.00 to $2.50. At the time, this indicated a possible upside of 0.04%.

Performance Chart

With a total market value of $0, Eldorado Gold Corporation has with a one year low of $2.24 and a one year high of $5.63 .

A total of 16 analysts have released a report on Eldorado Gold Corporation. Two analysts rating the company a strong buy, ten analysts rating the company a buy, five analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $4.93.

More About Eldorado Gold Corporation (TSE:ELD)

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. The Greece segment includes the Stratoni mine, the Olympias, Skouries, Perama Hill and Sapes projects, and exploration activities in Greece. The Romania segment includes the Certej project and exploration activities in Romania. Other segment includes operations of the Company’s corporate office and exploration activities in other countries. The Company has operations and ongoing exploration and development projects in Turkey, Greece, Brazil and Romania. Its Operating gold mines include Kisladag in Turkey, and Efemcukuru in Turkey.

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