Eldorado Gold (EGO: NYSE) By Credit Suisse ($2.67, June 29, 2017)
We are revising our Eldorado Gold target price to $3.25 from $5.25, previously, and our prior Outperform rating to Neutral.
Kisladag [Turkey] production issues in 2017 combined with uncertainty around Greek assets drove our change in view for Eldorado (ticker: EGO). We are revising our long-term recovery-rate assumptions for Kisladag, and our value for Olympus...