Not too much action today, Eldorado Gold drifted down slightly. We'll see where it goes next.
The company isn't at an immediate support or resistance level that might be predictive. EGO hasn't established a very clear directional momentum over the last few months. So it's not clear exactly where it's going. EGO might find some support at the 9.12 level, buyers might push the price back up from here. But it's not very clear what will happen.
The analysts are pretty neutral on Eldorado Gold right now, so not much useful information here. The current Analysts Sentiment Score is 0.22. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. Stifel Nicolaus reiterated a rating of Buy on 2024-01-26. On 2024-01-03 there was confirmation of the previous rating by National Bank Financial which was Outperform Spec Overweight. TD Securities gave a boost to their price target and moved to $12.00 from $11.00 on 2023-10-30. Stifel Canada announced an upgrade on 2023-10-11 from Hold to Buy. CSFB announced a lowering of their price target to $9.00 from $10.75 on 2023-08-17. Royal Bank of Canada announced that they are reiterating a rating of Sector Perform on 2023-08-08 and added a price target of $9.50. BMO Capital Markets initiated a rating of Outperform on 2023-06-09 and they lowered their price target by -5.56% to $17.00 from a previous target of $18.00. Bank of America announced that they are initiating coverage with a rating of Underperform on 2023-03-10 and added a price target of $8.90.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| EGO | 0.22 | 4.09 | -3.65 | 0.45 | -0.45 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| EGO | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| EGO | 3.43 | %2.1 | 3.2 | 50.358 | 4110000 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| EGO |
| Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AEM | Agnico Eagle Mines Ltd. | 1.6 | 0.42 | 6.65 | -5.83 | 1.96 | 22.99 | 67.17 | 15 | 13.05 | 62.10 | 59.18 | -2968.45 | 178.02 | 0 | 125 | 2.13615 |
| GOLD | Barrick Gold Corp. | 1.6 | 0.96 | 6.17 | -11.96 | -10.33 | 5.61 | 10.50 | 5 | 2.89 | 5.49 | 19.56 | -7303.14 | -3992.19 | 0 | 150 | 2.50877 |
| AGI | Alamos Gold Inc. Class A | 1.59 | -0.43 | 5.47 | -11.28 | -2.09 | 13.05 | 39.00 | 11 | 10.30 | 56.81 | 57.47 | -3606.68 | -23160.99 | 0 | 150 | 1.65228 |
| PAAS | Pan American Silver Corp. | 1.58 | -1.45 | 2.47 | -11.59 | 10.28 | 7.63 | 53.77 | 29 | 12.29 | 55.40 | 37.04 | -2152.19 | -16419.39 | 0 | 0 | 10.755 |
| BTG | B2Gold Corp. | 1.55 | 0.71 | 4.44 | -17.78 | 1.44 | 2.92 | -5.69 | 0 | 4.64 | 9.94 | 16.66 | -5579.68 | -1521.47 | 0 | 150 | 2.04722 |
| EQX | Equinox Gold Corp. | 1.52 | -0.18 | 5.59 | -6.32 | -1.79 | -0.36 | 11.38 | 41 | 3.52 | 6.85 | 13.24 | -5539.90 | -18.00 | 0 | 0 | 7.94184 |
| AG | FIRST MAJESTIC SILVER COR | 1.45 | -1.80 | 1.40 | -16.37 | 18.05 | -7.10 | 19.56 | 20 | 16.30 | 15.79 | 17.94 | -2563.58 | -7323.56 | 0 | 150 | 4.42143 |
| NG | NovaGold Resources Inc. | 1.4 | -2.19 | 2.29 | -3.24 | -13.73 | 1.42 | -7.97 | 24 | -5.14 | -3.49 | -6.82 | -5951.34 | -2385.67 | 0 | 150 | 5.17375 |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
