RBC Capital Reiterates a Hold Rating on Eldorado Gold Corp

By Austin Angelo

In a report released yesterday, Dan Rollins from RBC Capital reiterated a Hold rating on Eldorado Gold Corp (NYSE: EGO), with a price target of $3. The company’s shares closed yesterday at $2.07, close to its 52-week high of $4.34.

According to TipRanks.com, Rollins is ranked 0 out of 5 stars with an average return of -12.3% and a 34.8% success rate. Rollins covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Hecla Mining Company, and Pan American Silver.

Eldorado Gold Corp has an analyst consensus of Hold, with a price target consensus of $3.

The company has a one year high of $4.34 and a one year low of $1.77. Currently, Eldorado Gold Corp has an average volume of 6.73M.

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Eldorado Gold Corp. engages in the business of development and exploration of mineral properties. It owns and operates gold, silver, lead, and zinc mines. The company was founded by Richard J. Barclay, Marco A. Romero and Gary D. Nordin on April 2, 1992 and is headquartered in Vancouver, Canada.