USA18

EGO Opinion

Long
NYSE:EGO   ELDORADO GOLD CORP
Appears to be in a saucer/cup formation. Also, P/E is 12.1, P/S is 2.5, and Earnings Yield is 8.2% vs industry 21, 4.5, and 3.8%, respectively. The ROE is 2.4% and projected sales growth is 63% versus industry 0.5% and 16%. Price targets have been raised recently along with strong analyst opinions. Just wait until more money is printed by the government. This is my analysis, and I do not recommend buying or selling this stock.

Comments

Oh and check out how close the 50 day moving average is now compared to the 200 day moving average.
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