Eldorado Gold Corp. (NYSE: EGO) — This Canadian mining company engages in the exploration, development, mining and production of primarily gold and iron properties around the world.
In late March, the stock broke out from an intermediate downtrend on high volume. And last week, the 20-day moving average crossed through the 50-day as the stock confirmed a new uptrend.
Buy EGO at market as a long-term investment with a 12-month target in the high $20s.
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