Eldorado Gold Corporation (NYSE:EGO) is reporting third quarter financial results on Thursday 29th October 2020, after market close.
Previous Quarter Performance
Eldorado Gold Corporation revealed income for the second quarter of $ 0.26 per share, from the revenue of $ 255.90 million.
Stock Performance
Shares of Eldorado Gold Corporation traded low $ -1.26 or -9.52 percent on Wednesday, reaching $ 11.98 with volume of 2.90 million shares. Eldorado Gold Corporation has traded high as $ 12.86 and has cracked $ 11.91 on the downward trend
According to the previous trading day, closing price of $ 11.98, representing a 187.83 % increase from the 52 week low of $ 4.60 and a 6.96 % decrease over the 52 week high of $ 14.23.
The company has a market capital of $ 2.08 billion and is part of the Basic Materials sector and Gold industry.
Recent Analyst recommendations
- On 9th October 2020, upgraded by RBC Capital to Sector Perform from Underperform rating, with $ 12.00 target price.
Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. The company holds 100% interests in the Kisladag and Efemcukuru gold mines in Turkey; Lamaque gold project in Canada; Perama Hill gold-silver project and Sapes in Greece; and Vila Nova iron ore mine and 100% interest in Tocantinzinho gold project in Brazil. It also holds 95% interests in Olympias gold mine, Stratoni silver-lead-zinc mine, and Skouries gold-copper project in Greece; and 80.5% interests in Certej gold-silver project in Romania.
