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Enter Symbol
or Name
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Eldorado Gold Corp
Symbol ELD
Shares Issued 716,196,690
Close 2013-12-31 C$ 6.03
Market Cap C$ 4,318,666,041
Recent Sedar Documents

FP says analysts are mostly bullish on Eldorado Gold

2014-01-02 08:09 ET - In the News

The Financial Post reports in its Thursday, Jan. 2, edition that it was a terrible year for Eldorado Gold ($6.03) and its shareholders in 2013. The Post's David Pett writes that Eldorado Gold's annual loss for 2013 stands at negative 52.90 per cent. Eldorado Gold was the worst-performing big-cap gold miner in 2013 as the falling price of bullion continued taking its toll on the industry's heaviest hitters. Mr. Pett says if there is a silver lining to the story, it is that analysts believe the worst may finally be over for the sorry group that also includes Barrick Gold, Goldcorp and Agnico-Eagle Mines, to name but a few. There are 16 analyst "buy" recommendations on Eldorado, versus seven "holds" and two "sells" heading into the new year. The stock is expected to climb 55 per cent over the next 12 months, according to average price target estimates. Raymond James analyst Brad Humphrey said Eldorado was "well positioned for growth" in the Post on April 13, 2012, when it could be had for $14.40. TD Securities analyst Steven Green rated Eldorado "action list buy" in the Post on July 6, 2012. He targeted the stock at $19. It was then trading at $12.64.

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