Eldorado Gold is trading at $44.34, up 4.66%, after Bank of America upgraded it from Underperform to Buy.
- Bank of America raised its price target from $32 to $54 after Greek mine-site visits.
- The analyst cited reduced execution risk at Skouries after first copper-gold concentrate production on September 8.
- Broader markets are modestly positive, but the analyst action appears to be the primary catalyst.