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Eldorado Gold Corp (USA) (NYSE:EGO) target price bumped up to $4.25, reported earlier today by Zacks Investment Research

In a statement issued on 9/15/2016 Zacks Investment Research bumped up the target price of Eldorado Gold Corp (USA) (NYSE:EGO) from $0 to $4 indicating a possible upside of 0.14%.

Just yesterday Eldorado Gold Corp (USA) (NYSE:EGO) traded 2.41% higher at $3.73. The company’s 50-day average is $3.88 and its 200-day moving average is $4.00. With the last stock close down 4.58% relative to the 200-day average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. 7,018,991 shares of the stock traded hands, up from ann average trading volume of 6,837,840.

See Graphic Below:

Eldorado Gold Corp (USA) (NYSE:EGO)

Eldorado Gold Corp (USA) has a one-year low of $1.87 and a 52 week high of $5.16 and has a market cap of $0.0.

In addition to Zacks Investment Research reporting it’s price target, a total of 14 brokerages have issued a research note on the company. The consensus target stock price is $5.35 with one analyst rating the stock a strong buy, six analysts rating the company a buy, eight firms rating the stock a hold, one firm rating the stock to underperform, and lastly 0 firmsrating the stock as sell.

Brief Synopsis On Eldorado Gold Corp (USA) (NYSE:EGO)

Eldorado Gold Corporation (Eldorado) owns and operates mines around the world, primarily gold mines but also a silver-lead-zinc mine. The Company’s activities involve all facets of the mining industry, including exploration, discovery, acquisition, financing, development, production and reclamation. Its business is focused in Brazil, China, Greece, Turkey and Romania. Its operating gold mines include Kisladag, in Turkey; Efemcukuru, in Turkey; Jinfeng, in China; White Mountain, in China, and Tanjianshan, in China. Its other operating mines and development projects include Stratoni, in Greece (Silver-Lead-Zinc mine); Skouries, in Greece; Perama Hill, in Greece; Olympias, in Greece; Eastern Dragon, in China; Certej, in Romania; Tocantinzinho, in Brazil; Sapes, in Greece, and Vila Nova, in Brazil. The Company’s exploration programs include mine site drilling, and advanced stage projects and grassroots programs.

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