Eldorado Gold Corp T.ELD

Wall Street Analysts See a 62% Upside in Eldorado Gold

[CatamaranFund]

A lot is happening with Covid concerns re-emerging and news yesterday that Bitcoin fell in price by nearly 40 per cent between November 2021 and January 2022, while Gold has been 'unloved' virtually tradeding sideways or flat for some time. 

So It's no surprise that Eldorado's daily trading volume has been so low, making it difficult to rise and keep up, hardly reacting to even todays $15 jump in gold price to $1816 US- however but things could change in a snap based on positive Q4 quarterly earnings and the upcoming news of Eldorados announcement revealing either a finance partner or positive report on how it will finance Skouries in Greece.

Just recently Zacks ( Jan 5) reported that Wall Street Analysts see a potential 62% upside in Eldorado Gold from recent $9.52 to $15.10 (US)  or over $18 Cdn - even if it achieves half of that (30%) i'm surre that this would satisfy most shareholders.
(reference link:) https://finance.yahoo.com/news/wall-street-analysts-see-62-150003126.html

Cheers to all patient investors in 2022!

[Singoa58]

One analyst lol your pathetic lol that's why it's the only gold stock in the red lol loser troll lol

[Singoa58]

Quarter 4 not robust 

[Singoa58]

One analyst out of 12 lol you are a pathetic liar tubeman 

[Steppenwolf55]

I agree that the Skouries financing plan is liable to be pivotal, but in what way is anybody's guess. No one who was watching will have forgotten that crazy plan for a mill at Kisladag. That was my first real evidence that the new management was not acting in the interest of the shareholders. It appears to have become more sensible since that debacle but the proof will be in the pudding of the