Eldorado Gold (ELD) Set to Announce Quarterly Earnings on Thursday

Eldorado Gold (TSE:ELD) (NYSE:EGO) is set to announce its earnings results after the market closes on Thursday, February 21st. Analysts expect the company to announce earnings of C($0.09) per share for the quarter.

TSE ELD opened at C$5.29 on Thursday. The company has a current ratio of 6.33, a quick ratio of 4.79 and a debt-to-equity ratio of 16.82. The stock has a market capitalization of $836.89 million and a PE ratio of -5.09. Eldorado Gold has a 12 month low of C$3.36 and a 12 month high of C$7.75.

Several brokerages have issued reports on ELD. Canaccord Genuity increased their target price on shares of Eldorado Gold from C$5.00 to C$5.50 in a report on Friday, February 1st. National Bank Financial upgraded shares of Eldorado Gold from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from C$4.75 to C$8.00 in a report on Friday, February 1st. Desjardins upgraded shares of Eldorado Gold from a “sell” rating to a “hold” rating in a report on Monday, January 7th. Finally, Eight Capital increased their target price on shares of Eldorado Gold from C$1.30 to C$4.40 in a report on Monday, January 7th.

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Eldorado Gold Company Profile

Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. The company holds 100% interests in the Kisladag and Efemcukuru gold mines in Turkey; Lamaque gold project in Canada; Perama Hill gold-silver project and Sapes in Greece; and Vila Nova iron ore mine and Tocantinzinho gold project in Brazil.

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Earnings History for Eldorado Gold (TSE:ELD)

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