Shares of Eldorado Gold Co. (TSE:ELD - Get Free Report) NYSE: EGO passed above its 200-day moving average during trading on Wednesday . The stock has a 200-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 changing hands.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently issued reports on ELD shares. National Bank Financial upgraded shares of Eldorado Gold to a "strong-buy" rating in a research note on Friday, March 21st. Stifel Nicolaus increased their price objective on shares of Eldorado Gold from C$25.00 to C$29.00 in a research note on Monday, April 21st. Finally, National Bankshares increased their price objective on shares of 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.
View Our Latest Stock Report on ELD
Eldorado Gold Stock Performance
The stock's 50-day moving average price is C$27.57 and its 200-day moving average price is C$24.30. The company has a market cap of C$3.92 billion, a P/E ratio of 14.16, a PEG ratio of 56.20 and a beta of 1.22. The company has a debt-to-equity ratio of 23.28, a current ratio of 3.37 and a quick ratio of 2.28.
Insider Buying and Selling
In related news, Senior Officer Christos Balaskas sold 6,518 shares of the stock in a transaction on Saturday, May 31st. The stock was sold at an average price of C$28.10, for a total value of C$183,155.80. Also, Senior Officer Per Niklas Frank sold 11,107 shares of the stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of C$27.91, for a total value of C$309,996.37. Insiders have sold a total of 185,501 shares of company stock valued at $5,380,236 over the last three months. 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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