Eldorado Gold Co. (TSE:ELD) Director Sells C$1,651,620.74 in Stock

Eldorado Gold Co. (TSE:ELD - Get Free Report) NYSE: EGO Director George Raymond Burns sold 56,367 shares of the stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of C$29.30, for a total value of C$1,651,620.74.

George Raymond Burns also recently made the following trade(s):

• On Monday, June 2nd, George Raymond Burns sold 70,592 shares of Eldorado Gold stock. The shares were sold at an average price of C$29.30, for a total value of C$2,068,430.31.

Eldorado Gold Stock Performance

Shares of TSE ELD traded down C$0.07 during mid-day trading on Wednesday, hitting C$28.66. 238,769 shares of the company were exchanged, compared to its average volume of 426,751. The company has a quick ratio of 2.28, a current ratio of 3.37 and a debt-to-equity ratio of 23.28. The stock has a 50 day simple moving average of C$26.07 and a 200-day simple moving average of C$23.28. Eldorado Gold Co. has a 1-year low of C$18.94 and a 1-year high of C$29.78. The firm has a market cap of C$4.13 billion, a price-to-earnings ratio of 14.92, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ELD. Cormark decreased their price objective on Eldorado Gold from C$33.50 to C$30.00 in a report on Monday, February 10th. BMO Capital Markets decreased their price objective on Eldorado Gold from C$29.00 to C$27.00 in a report on Friday, February 7th. Stifel Nicolaus increased their price target on Eldorado Gold from C$25.00 to C$29.00 in a report on Monday, April 21st. National Bank Financial raised Eldorado Gold to a "strong-buy" rating in a report on Friday, March 21st. Finally, National Bankshares increased their price target on Eldorado Gold from C$25.00 to C$29.00 and gave the stock an "outperform" rating in a report on Wednesday, March 19th.

Eldorado Gold Company Profile

Eldorado Gold Corp is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill and Certej projects.

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