As per the research groups listed in Thomson Reuters survey, Eldorado Gold Corporation (NYSE:EGO), the stock can touch mean price target of $5.8100 in coming period. This price target highlights the recommendations of leading experts in the market.
Thomson Reuters studies the brokerages research reports to reach this price target. The latest poll indicate that the company may record earnings of $0.0300 per share in looming quarter and $0.0700 during current fiscal.
While evaluating Eldorado Gold Corporation Ordin on the technical side, it is seen that the firm’s shares price is trading $-0.2233 points away or -5.0144% from its 50-day moving average of $4.4526. Further it is trading $0.4183 or +10.9758% away its 200-day moving average of $3.8110. MA here stands for moving average.
Eldorado Gold Corporation (NYSE:EGO) stock made a high of $5.1600 in last 12-months while the lowest level in same period was $1.8700. It entails if stock price makes a movement of over $-0.9307, it will make a new 52-week high. In the case of +126.1658% decline, it will touch a new 52-week low.
The valuation of Eldorado Gold Corporation Ordin is done by analysts by using price-to-earnings ratio. This ratio considers the latest price and profits for valuating a stock. The ratio is calculated by dividing stock price by annual EPS. For now, Eldorado Gold Corporation (NYSE:EGO) P/E ratio is N/A. The stakeholders can further gauge a firm’s performance by calculating Price-to-Earnings-Growth ratio, and for Eldorado Gold Corporation Ordin it stands at 0.9500.
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