In a report released today, Tanya Jakusconek from Scotiabank maintained a Hold rating on Eldorado Gold (EGO – Research Report), with a price target of $15.00. The company’s shares closed yesterday at $14.78.
According to TipRanks, Jakusconek is an analyst with an average return of -3.1% and a 50.52% success rate. Jakusconek covers the Basic Materials sector, focusing on stocks such as Barrick Gold, Agnico Eagle, and Compania de Minas Buenaventura SAA.
In addition to Scotiabank, Eldorado Gold also received a Hold from Canaccord Genuity’s Carey MacRury in a report issued on April 23. However, today, BMO Capital maintained a Buy rating on Eldorado Gold (NYSE: EGO).
EGO market cap is currently $2.94B and has a P/E ratio of 28.07.
Based on the recent corporate insider activity of 200 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EGO in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Eldorado Gold (EGO) Company Description:
Eldorado Gold Corp. engages in the mining, development and exploration of gold. It has mining operations, ongoing development projects and exploration in Turkey, Canada, Greece, Brazil, Romania and Serbia. The company was founded by Richard J. Barclay, Marco Antonio Romero, and Gary D. Nordin on April 2, 1992 and is headquartered in Vancouver, Canada.
