Eldorado Gold stock jumps as Scotiabank upgrade meets record $5,100 gold rally
Eldorado Gold shares jumped 5.6% to $48.79 Monday after Scotiabank upgraded the stock and raised its price target to $59. Gold surged past $5,100 an ounce, lifting mining stocks across the sector. Investors are watching for the Federal Reserve’s policy decision Wednesday and Eldorado’s earnings report on Feb. 19.