Eldorado Gold is trading 4.2% up now at $39.52 after CIBC upgraded the shares from Neutral to Outperformer on August 10, 2026, while maintaining a $54 price target.
- The upgrade cited an approaching free-cash-flow inflection, supported by rising gold prices and a stronger copper market.
- Gold rose 0.35% on August 10, adding favorable sector momentum.
- The rally follows gains of 5.54% on August 7 and 13.14% on August 5.