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BMO Capital Markets announced Eldorado Gold Corporation (TSE:ELD), dropping its stock price target to $2.50 today

Having a price of $2.41, Eldorado Gold Corporation (TSE:ELD) traded 2.99% higher on the day. With the last stock price close down -35.86% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Eldorado Gold Corporation has recorded a 50-day average of $2.55 and a two hundred day average of $3.76. Volume of trade was down over the average, with 2,150,318 shares of ELD changing hands under the typical 3,108,250

In a report released on Tuesday September 12, 2017 BMO Capital Markets dropped the price target of Eldorado Gold Corporation (TSE:ELD) from $4.00 to $2.50 reporting a potential upside of 0.04%.

On 7/11/2017, BMO Capital Markets released a statement about Eldorado Gold Corporation (TSE:ELD) upped the target price from $0.00 to $4.00 that suggested an upside of 0.27%.

See Chart Below

Eldorado Gold Corporation (TSE:ELD)

Eldorado Gold Corporation has a 52 week low of $2.24 and a 52 week high of $5.63 The company’s market cap is currently $0.

In addition to BMO Capital Markets reporting its stock price target, a total of 16 brokers have issued a report on the company. The average stock price target is $4.93 with 2 brokers rating the stock a strong buy, 10 brokers rating the stock a buy, 5 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information 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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