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Eldorado Gold's Shares March Higher, Can It Continue?

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NYBob Member Level  Tuesday, 07/30/19 08:55:32 PM
Re: NYBob post# 1013
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Eldorado Gold's Shares March Higher, Can It Continue?
Zacks Equity Research
ZacksJuly 29, 2019


https://www.eldoradogold.com/home/default.aspx

Rate Cut Expectations Boost Gold Mining Stocks' Outlook
As of late, it has definitely been a great time to be an investor in

Eldorado Gold Corporation EGO.

The stock has moved higher by 50% in the past month, while it is also
above its 20 Day SMA too.

This combination of strong price performance and favorable technical,
could suggest that the stock may be on the right path.

We certainly think that this might be the case, particularly if you
consider EGO’s recent earnings estimate revision activity.

From this look, the company’s future is quite favorable;
as EGO has earned itself a Zacks Rank (Buy),
meaning that its recent run may continue for a bit longer, and that
this isn’t the top for the in-focus company.



Eldorado Gold Corporation (EGO)

https://www.eldoradogold.com/home/default.aspx

God Bless



My opinions are my own and and DD I post should be confirmed as unbiased
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