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Analysts Conflicted on These Materials Names: Eldorado Gold (EGO) and Collective Mining (CNL)

Tipranks - Tipranks - Tue Mar 31, 8:48AM CDT

Analysts have been eager to weigh in on the Materials sector with new ratings on Eldorado Gold (EGO) and Collective Mining (CNL).

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Eldorado Gold (EGO)

Bank of America Securities analyst Lawson Winder maintained a Sell rating on Eldorado Gold today. The company’s shares closed last Monday at $33.76.

According to TipRanks.com, Winder is a 5-star analyst with an average return of 17.7% and a 58.2% success rate. Winder covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Pan American Silver, and Nexa Resources SA. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Eldorado Gold with a $50.65 average price target.

See today’s best-performing stocks on TipRanks >>

Collective Mining (CNL)

In a report released today, Peter Bell from Canaccord Genuity maintained a Buy rating on Collective Mining, with a price target of C$29.25. The company’s shares closed last Monday at $16.23.

Bell has an average return of 91.1% when recommending Collective Mining. ;'>

According to TipRanks.com, Bell is ranked #69 out of 12128 analysts.

Currently, the analyst consensus on Collective Mining is a Strong Buy with an average price target of $22.12.

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