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Christos Balaskas Sells 6,518 Shares of Eldorado Gold Co. (TSE:ELD) Stock

Eldorado Gold logo with Basic Materials background

Eldorado Gold Co. (TSE:ELD - Get Free Report) NYSE: EGO Senior Officer Christos Balaskas sold 6,518 shares of the firm's stock in a transaction on Saturday, May 31st. The shares were sold at an average price of C$28.10, for a total transaction of C$183,155.80.

Eldorado Gold Stock Performance

Shares of Eldorado Gold stock traded down C$0.27 on Friday, reaching C$29.12. 202,033 shares of the stock were exchanged, compared to its average volume of 424,493. The business has a 50 day moving average price of C$26.27 and a two-hundred day moving average price of C$23.36. Eldorado Gold Co. has a twelve month low of C$18.94 and a twelve month high of C$29.78. The firm has a market capitalization of C$4.20 billion, a price-to-earnings ratio of 15.16, a PEG ratio of 56.20 and a beta of 1.22. 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 Analyst Weigh In

A number of equities analysts recently commented on ELD shares. National Bankshares increased their price target on Eldorado Gold from C$25.00 to C$29.00 and gave the company an "outperform" rating in a research note on Wednesday, March 19th. Stifel Nicolaus increased their price objective on shares of Eldorado Gold from C$25.00 to C$29.00 in a research report on Monday, April 21st. Cormark dropped their price objective on shares of Eldorado Gold from C$33.50 to C$30.00 in a research note on Monday, February 10th. BMO Capital Markets lowered their price objective on Eldorado Gold from C$29.00 to C$27.00 in a research note on Friday, February 7th. Finally, National Bank Financial raised Eldorado Gold to a "strong-buy" rating in a research report on Friday, March 21st.

View Our Latest Report on ELD

About Eldorado Gold

(Get Free Report)

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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