Insider Selling: Eldorado Gold Co. (TSE:ELD) Director Sells 56,367 Shares of Stock

Eldorado Gold Co. (TSE:ELD - Get Free Report) NYSE: EGO Director George Raymond Burns sold 56,367 shares of the business's stock in a transaction that occurred on Monday, June 2nd. The stock was 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 stock was 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 ELD stock traded down C$0.44 during trading hours on Friday, reaching C$28.95. 305,966 shares of the company's stock were exchanged, compared to its average volume of 425,528. Eldorado Gold Co. has a fifty-two week low of C$18.94 and a fifty-two week high of C$29.78. The stock has a market capitalization of C$4.17 billion, a P/E ratio of 15.07, a P/E/G ratio of 56.20 and a beta of 1.22. The business has a fifty day moving average price of C$26.34 and a 200-day moving average price of C$23.41. The company has a quick ratio of 2.28, a current ratio of 3.37 and a debt-to-equity ratio of 23.28.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on ELD shares. National Bank Financial upgraded Eldorado Gold to a "strong-buy" rating in a report on Friday, March 21st. National Bankshares upped 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. Cormark cut their price target on Eldorado Gold from C$33.50 to C$30.00 in a report on Monday, February 10th. Finally, Stifel Nicolaus upped their price target on Eldorado Gold from C$25.00 to C$29.00 in a report on Monday, April 21st.

About Eldorado Gold

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.