Shares of Eldorado Gold Co. (TSE:ELD - Get Free Report) NYSE: EGO crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$24.30 and traded as high as C$27.34. Eldorado Gold shares last traded at C$27.21, with a volume of 421,799 shares.
Analyst Ratings Changes
ELD has been the subject of several research analyst reports. Stifel Nicolaus lifted their price target on Eldorado Gold from C$25.00 to C$29.00 in a research note on Monday, April 21st. National Bank Financial upgraded Eldorado Gold to a "strong-buy" rating in a report on Friday, March 21st. Finally, National Bankshares lifted their price objective 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.
Read Our Latest Stock Analysis on ELD
Eldorado Gold Stock Performance
The company has a debt-to-equity ratio of 23.28, a quick ratio of 2.28 and a current ratio of 3.37. The business has a 50-day moving average price of C$27.60 and a 200 day moving average price of C$24.34. The stock has a market capitalization of C$4.03 billion, a P/E ratio of 14.55, a PEG ratio of 56.20 and a beta of 1.22.
Insider Transactions at Eldorado Gold
In other news, Senior Officer Graham Magnus Morrison sold 12,207 shares of the business's stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of C$28.93, for a total value of C$353,092.36. Also, Senior Officer Nicolae Stanca sold 4,737 shares of the business's stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of C$28.96, for a total value of C$137,172.62. Over the last 90 days, insiders sold 185,501 shares of company stock worth $5,380,236. Company insiders own 0.58% of the company's stock.
Eldorado Gold Company Profile
(
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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