TSE:ELD
14.36
0.82
(5.40%)
Eldorado Gold Corporation is a Canadian mid-cap gold mining company. It has assets in Canada, Turkey, Greece, Romania, Brazil and Serbia.
More at Wikipedia
Eldorado Gold
ELD-T
Analysis and Opinions about ELD-T
Signal
Opinion
Expert
HOLD
HOLD
November 2, 2020
Gold companies remain cheap vs. the price of gold itself. There's a lot of room for upside. He's been taking profits to gold names to add new gold stocks to his portfolio (he specializes in precious metals). This is a hold with an $18 target. ELD has had a nice run.
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Gold companies remain cheap vs. the price of gold itself. There's a lot of room for upside. He's been taking profits to gold names to add new gold stocks to his portfolio (he specializes in precious metals). This is a hold with an $18 target. ELD has had a nice run.
DON'T BUY
DON'T BUY
July 13, 2020
Sell Telus and buy Eldorado Gold? They're totally different companies, different stories. Can't compare them. Eldorado's valuation is extended, so he'd look elsewhere. Stick with telecoms, which pay decent income and offer decent growth. People are using more bandwidth. Infrastructure and telcom stocks have been overlooked as investors have chased the tech high-flyers.
Sell Telus and buy Eldorado Gold? They're totally different companies, different stories. Can't compare them. Eldorado's valuation is extended, so he'd look elsewhere. Stick with telecoms, which pay decent income and offer decent growth. People are using more bandwidth. Infrastructure and telcom stocks have been overlooked as investors have chased the tech high-flyers.
HOLD
HOLD
February 21, 2020
They exploded today with good news from Turkey. However, there is geopolitical risk in Turkey. They are moving forward with their project but he would avoid geopolitical risk. (Analysts’ price target is $10.50)
Show full opinionHide full opinionThey exploded today with good news from Turkey. However, there is geopolitical risk in Turkey. They are moving forward with their project but he would avoid geopolitical risk. (Analysts’ price target is $10.50)
DON'T BUY
DON'T BUY
September 9, 2019
Not shorting any gold right now. Stock's run well ahead of the group, so he's not as enamoured with this name. He'd look at B2Gold. For domestic, he'd take Detour Gold. Gold is the default winner in the face of US debt putting pressure on the dollar, and will probably be higher in 6 months.
Not shorting any gold right now. Stock's run well ahead of the group, so he's not as enamoured with this name. He'd look at B2Gold. For domestic, he'd take Detour Gold. Gold is the default winner in the face of US debt putting pressure on the dollar, and will probably be higher in 6 months.
COMMENT
COMMENT
August 23, 2019
Next few quarter's growth will probably do well, especially if they leverage. The gold cycle looks like it is picking back up. Might wait for a pullback. The jurisdiction they mine in is safe.
Show full opinionHide full opinionNext few quarter's growth will probably do well, especially if they leverage. The gold cycle looks like it is picking back up. Might wait for a pullback. The jurisdiction they mine in is safe.
SPECULATIVE BUY
SPECULATIVE BUY
March 5, 2019
You have to be speculative to but this stock now. They have some debt maturing soon. If you are really bull on gold it is cheap.
Show full opinionHide full opinionYou have to be speculative to but this stock now. They have some debt maturing soon. If you are really bull on gold it is cheap.
HOLD
HOLD
January 16, 2019
Sell ELD for Americas Silver? Definitely. He doesn't own ELD, but would hold it. Good management. Americas is one of the few juniors that recently bought a company; good managers who keep delivering and are building a beautiful business.
Show full opinionHide full opinionSell ELD for Americas Silver? Definitely. He doesn't own ELD, but would hold it. Good management. Americas is one of the few juniors that recently bought a company; good managers who keep delivering and are building a beautiful business.
DON'T BUY
DON'T BUY
November 6, 2018
It's been really hammered through production shortfalls. It looks cheap, but investors question how they can allocate capital effectively.
Show full opinionHide full opinionIt's been really hammered through production shortfalls. It looks cheap, but investors question how they can allocate capital effectively.
DON'T BUY
DON'T BUY
October 30, 2018
Forego for now, based on the chart. Go to something with better financials and sustainability.
Show full opinionHide full opinionForego for now, based on the chart. Go to something with better financials and sustainability.
BUY
BUY
August 14, 2018
He just raised his target from $1.40 to $1.45. He likes plays with good reserves in the ground and generating cash flow. If you own it, hold it, don't sell it. This sector has taken a beating. Consider averaging down, because there will be a rebound in precious metals. Be patient with the metals.
He just raised his target from $1.40 to $1.45. He likes plays with good reserves in the ground and generating cash flow. If you own it, hold it, don't sell it. This sector has taken a beating. Consider averaging down, because there will be a rebound in precious metals. Be patient with the metals.
DON'T BUY
DON'T BUY
April 4, 2018
This company has had a lot of trouble for several years. His preferred way to own gold is through a royalty holding such as Franco-Nevada, where you are insulated from government nationalization or granting reviews.
This company has had a lot of trouble for several years. His preferred way to own gold is through a royalty holding such as Franco-Nevada, where you are insulated from government nationalization or granting reviews.
WATCH
WATCH
March 5, 2018
Replace this with Silvercorp? He'd keep Eldorado. If he's down 50% on a stock, he'd sell it for a tax loss, wait 30 days, then decide with a clear mind. This company has made some horrible capital allocation decisions. It's so beaten down and heated that he's actually attracted to it. But he wants to see their next capital allocation decision before buying.
Replace this with Silvercorp? He'd keep Eldorado. If he's down 50% on a stock, he'd sell it for a tax loss, wait 30 days, then decide with a clear mind. This company has made some horrible capital allocation decisions. It's so beaten down and heated that he's actually attracted to it. But he wants to see their next capital allocation decision before buying.
DON'T BUY
DON'T BUY
February 27, 2018
They have had a lot of problems, especially in Greece, where negotiations have been very difficult and will continue to be. Golds have not moved up a lot over the past few years. They often go up before PDAC (Prospectors & Developers Association of Canada Conference, http://www.pdac.ca/convention) and go down after it. So if you are planning to sell Eldorado, this might be the right time.
They have had a lot of problems, especially in Greece, where negotiations have been very difficult and will continue to be. Golds have not moved up a lot over the past few years. They often go up before PDAC (Prospectors & Developers Association of Canada Conference, http://www.pdac.ca/convention) and go down after it. So if you are planning to sell Eldorado, this might be the right time.
DON'T BUY
DON'T BUY
February 2, 2018
Likes golds, but Eldorado's ROIC negative and still lags compared to everyone else in this space. There should be positive returns at this point in the cycle.
Likes golds, but Eldorado's ROIC negative and still lags compared to everyone else in this space. There should be positive returns at this point in the cycle.
COMMENT
COMMENT
December 8, 2017
Gold is not cheap enough to be a contrarian play. There are some gold companies that he likes. With this one, you get into the political scene in Greece. They’ve had all kinds of difficulties, and continue to do so.
Gold is not cheap enough to be a contrarian play. There are some gold companies that he likes. With this one, you get into the political scene in Greece. They’ve had all kinds of difficulties, and continue to do so.
Eldorado Gold(ELD-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 3
Eldorado Gold(ELD-T) Frequently Asked Questions
What is Eldorado Gold stock symbol?
Eldorado Gold is a Canadian stock, trading under the symbol ELD-T on the Toronto Stock Exchange (ELD-CT). It is usually referred to as TSX:ELD or ELD-T
Is Eldorado Gold a buy or a sell?
In the last year, 3 stock analysts published opinions about ELD-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is HOLD. Read the latest stock experts' ratings for Eldorado Gold.
Is Eldorado Gold a good investment or a top pick?
Eldorado Gold was recommended as a Top Pick by Jaime Carrasco on 2020-11-02. Read the latest stock experts ratings for Eldorado Gold.
Why is Eldorado Gold stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Eldorado Gold worth watching?
3 stock analysts on Stockchase covered Eldorado Gold In the last year. It is a trending stock that is worth watching.
What is Eldorado Gold stock price?
On 2021-01-15, Eldorado Gold (ELD-T) stock closed at a price of $14.36.
