RBC Capital analyst Josh Wolfson maintained a Sell rating on Eldorado Gold (NYSE:EGO) Corp on Monday, setting a price target of $11, which is approximately 7.41% below the present share price of $11.88.
Wolfson expects Eldorado Gold Corp to post earnings per share (EPS) of $0.27 for the third quarter of 2020.
The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in Eldorado Gold, with an average price target of $14.
The analysts price targets range from a high of $17.43 to a low of $11.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $255.92 million and a net profit of $70.47 million. The company's market cap is $2.07 billion.
According to TipRanks.com, RBC Capital analyst Josh Wolfson is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.6% and a 60.75% success rate.
Eldorado Gold Corp. engages in the mining, development and exploration of gold. It has mining operations, ongoing development projects and exploration in Turkey, Canada, Greece, Brazil, Romania and Serbia. The company was founded by Richard J. Barclay, Marco Antonio Romero, and Gary D. Nordin on April 2, 1992 and is headquartered in Vancouver, Canada.