BofA upgrades Eldorado Gold stock rating on Skouries de-risking
BofA upgraded Eldorado Gold (EGO) to Buy with a $54 price target, citing confidence in the Skouries project and Olympias mine. The stock trades at $28.57, with Skouries seen as a key growth driver. Eldorado reported Q2 2026 revenue of $487M, up 7.7% YoY, and net earnings of $173M. Jefferies also initiated coverage with a Buy rating and $50 target.



