Published: Tue, September 27, 2016
Economy | By Melissa Porter

Kinross Gold Sells Portion of Lundin Gold Shares

Barrick Gold Corporation (NYSE:ABX) Gold has a Current Ratio of 2.8 with a Quick Ratio value of 1.8.

EGO has been the topic of a number of other reports. Zacks Investment Research lowered shares of Eldorado Gold Corp. from a "hold" rating to a "sell" rating in a research note on Tuesday, September 13th.

13 number of analysts provided their estimates on Eldorado Gold Corporation, where the Average Price Target for the stock is $5.72.

03/21/2014 - Paramount Gold and Silver Corp. had its "outperform" rating reiterated by analysts at Cowen. The brokerage now has a $10.00 price target on the mining company's stock.

Three months ago, rating stood at 1.67. The company has a consensus rating of "Buy" and an average target price of $5.40. The market price lets an investor identify whether shares are affordable.

In the past trading session, Eldorado Gold Corporation (NYSE:EGO) highlighted downward shift of -2.82% or -0.12 points to $4.13. The company traded as low as $31.31 on the day. The stock now has a consensus rating of "Buy" and a consensus target price of $5.43. The firm shows a 20-Day Simple Moving Average of -8.73% with a 200-Day Simple Moving Average of 15.35%. Kinross Gold Corp. has a 52 week low of $1.31 and a 52 week high of $5.82.

Eldorado Gold Corp. had a negative net margin of 244.47% and a negative return on equity of 0.36%.

Analysts will be looking for an improvement on last quarter's numbers where Barrick Gold Corporation (NYSE:ABX) reported earnings of $0.14 per share for the period ending on 2016-06-30. The company's quarterly revenue was up 16.0% on a year-over-year basis. The difference between Actual EPS and Estimated EPS was $0.01/share. The business earned $876.40 million during the quarter, compared to analysts' expectations of $841.98 million.

Equities research analysts at Raymond James Financial upped their FY2017 EPS estimates for Kinross Gold a research report issued on Friday. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Eldorado Gold 0.6% in the second quarter. Concert Wealth Management Inc. now owns 21,675 shares of the mining company's stock valued at $106,000 after buying an additional 1,675 shares in the last quarter. IFP Advisors Inc now owns 42,620 shares of the mining company's stock valued at $208,000 after buying an additional 14,750 shares in the last quarter. World Asset Management Inc now owns 75,868 shares of the mining company's stock valued at $371,000 after buying an additional 8,607 shares in the last quarter.

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