BofA Raises its Price Target on Eldorado Gold Corporation (EGO) to $38 from $33

Core Insights - Eldorado Gold Corporation (NYSE:EGO) is recognized as one of the 10 Must-Buy Mining Stocks to Invest In [1] Price Target Updates - BofA raised the price target on Eldorado Gold Corporation to $38 from $33 while maintaining an Underperform rating [2] - Scotiabank lowered its price target on Eldorado Gold to $58 from $59 but maintained an Outperform rating, citing the company's successful project advancements [3] Financial Performance - Eldorado Gold reported Q4 adjusted EPS of 63 cents, slightly below the consensus estimate of 64 cents, with revenue of $577.2 million [4] - The company achieved gold production of 488,268 ounces, reaching the higher end of its guidance, and reported total revenue of $1.8 billion and operating cash flow of $743 million for the year [4] - Free cash flow was reported at $316 million, excluding the Skouries project, indicating strong financial health and flexibility for growth and shareholder returns [4] Company Overview - Eldorado Gold Corporation, along with its subsidiaries, is involved in the mining, exploration, development, and sale of mineral products, primarily in Turkey, Canada, and Greece, focusing on gold production along with silver, lead, and zinc [5]