UPDATE: Mackie Research Reduces PT on Eldorado Gold Corp to $15 - Eldorado Gold (NYSE:EGO)

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

According to a research report this morning, Mackie Research reduces the PT on Eldorado Gold Corp. (NYSE: EGO) form $15.50 to $15 due to weather and slow performance on Turkey's end. Mackie Research continued, “Efemcukuru recovered 18.3koz in concentrate, which was shipped to Kisladag for final treatment. Unseasonably cold weather had already resulted in slower operations from both underground mining and the processing plant due to freezing pipes and water storage issues. At the Kisladag concentrate treatment plant, a bottle neck was identified in the filter press system, resulting in the plant operating at 60% of design capacity.”Eldorado Gold closed yesterday at $12.82 as Mackie Research reiterates its Hold recommendation.

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!