Eldorado Gold Corporation (EGO) is ranked among the 11 Best Mining Stocks to Buy According to Wall Street. CIBC raised its price target on EGO to $54 and reiterated an Outperformer rating on February 4, 2026. The firm also raised gold price forecasts for 2026 and 2027, citing strong demand drivers and geopolitical risks.

In a recent move on February 2, 2026, Eldorado Gold Corporation (EGO) announced an agreement to acquire Foran Mining in an all-share transaction valued at roughly C$3.8 billion. The deal aims to create a larger gold-copper producer with enhanced growth visibility and a more diversified portfolio, strengthening Eldorado’s production profile and copper exposure.

Eldorado Gold Corporation (EGO) operates mining and development assets in Turkey, Canada, and Greece, producing gold, silver, lead, and zinc. Key assets include the Kisladag and Efemçukuru mines in Turkey, the Lamaque Complex in Quebec, and projects in Greece such as Olympias and Skouries.

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Read more at Yahoo Finance: CIBC Raises its Price Target on Eldorado Gold Corporation (EGO) to $54 and Reiterates an Outperformer Rating