Analyst Favorites: Eldorado Gold Ranks As a Top Metals Pick
A study of analyst recommendations at the major brokerages shows that Eldorado Gold Corp is the #24 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Global Mining Titans Index is comprised of the top fifty global leaders from the metals and mining sector.
According to the ETF Finder at ETF Channel, EGO makes up 4.02% of the Pure Gold Miners ETF (GGGG) which is trading lower by about 0.6% on the day Tuesday. EGO operates in the Precious Metals sector, among companies like Barrick Gold Corp. (ABX) which is up about 1.3% today, and Goldcorp Inc (GG) trading up by about 0.7%. Below is a three month price history chart comparing the stock performance of EGO, versus ABX and GG. EGO is currently trading up about 2.3% midday Tuesday.