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RBC Capital Sticks to Its Hold Rating for Eldorado Gold (EGO)

Tipranks - Tipranks - Fri Mar 13, 9:06PM CDT

RBC Capital analyst Josh Wolfson maintained a Hold rating on Eldorado Gold yesterday and set a price target of $50.00.

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According to TipRanks, Wolfson is a top 100 analyst with an average return of 25.7% and a 70.29% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Royal Gold, Barrick Mining, and Triple Flag Precious Metals.

In addition to RBC Capital, Eldorado Gold also received a Hold from Scotiabank’s Tanya Jakusconek in a report issued on February 25. However, on February 26, Bank of America Securities maintained a Sell rating on Eldorado Gold (NYSE: EGO).

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EGO market cap is currently C$11.02B and has a P/E ratio of 14.13.

Based on the recent corporate insider activity of 291 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EGO in relation to earlier this year.

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