Could Analysts Change Their Minds on Eldorado Gold?
Eldorado Gold (EGO) stock has seen rapidly deteriorating analyst sentiments in the past year. Currently, only 17% of the 13 Wall Street analysts covering the stock rate it a “buy.” That stands in sharp contrast to the ~50% “buy” ratings it had almost a year ago. Eldorado stock has lost 38.4% of its value year-to-date as of September 24.