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Eldorado Gold Corporation (NYSE:EGO) has been downgraded from Overweight to Neutral in a statement by JP Morgan earlier today.

Yesterday Eldorado Gold Corporation (NYSE:EGO) traded -9.69% lower at $1.17. The company’s 50-day moving average is $2.09 and its 200-day moving average is $2.56. The last stock close price is down -51.96% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the same time period. 9,019,635 shares of EGO traded hands, up from an average trading volume of 7,301,190

JP Morgan has downgraded Eldorado Gold Corporation (NYSE:EGO) from Overweight to Neutral in a report released on 11/13/2017.

Previously on Tuesday November 07, 2017, TD Securities reported about Eldorado Gold Corporation (NYSE:EGO) raised the target price from $0.00 to $2.10. At the time, this indicated a possible upside of 0.71%.

Recent Performance Chart

Eldorado Gold Corporation (NYSE:EGO)

Eldorado Gold Corporation has 52 week low of $1.22 and a 52 week high of $3.91 and has a market capitalization of $0.

In addition to JP Morgan reporting its stock price target, a total of 14 brokerages have issued a ratings update on the company. The average stock price target is $5.35 with 1 broker rating the stock a strong buy, 6 brokers rating the stock a buy, 8 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Eldorado Gold Corporation (NYSE:EGO)

Eldorado Gold Corp is a Canada-based 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, the 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. The 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 the Kisladag and Efemcukuru mines in Turkey.

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