Eldorado Gold Co. (TSE:ELD - Get Free Report) NYSE: EGO shares 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 trading hands.
Wall Street Analyst Weigh In
A number of research firms recently commented on ELD. National Bankshares upped 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 report on Wednesday, March 19th. Stifel Nicolaus upped their price objective on shares of Eldorado Gold from C$25.00 to C$29.00 in a research report on Monday, April 21st. Finally, National Bank Financial upgraded Eldorado Gold to a "strong-buy" rating in a report on Friday, March 21st.
Check Out Our Latest Analysis on Eldorado Gold
Eldorado Gold Stock Performance
The stock has a fifty day simple moving average of C$27.66 and a 200-day simple moving average of C$24.40. The stock has a market cap of C$4.04 billion, a P/E ratio of 14.58, a PEG ratio of 56.20 and a beta of 1.22. The company has a debt-to-equity ratio of 23.28, a quick ratio of 2.28 and a current ratio of 3.37.
Insider Activity
In other Eldorado Gold news, Senior Officer Per Niklas Frank sold 11,107 shares of the stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of C$27.91, for a total transaction of C$309,996.37. Also, Senior Officer Graham Magnus Morrison sold 12,207 shares of the stock in a transaction dated Tuesday, June 17th. The stock was sold at an average price of C$28.93, for a total transaction of C$353,092.36. In the last 90 days, insiders have sold 185,501 shares of company stock worth $5,380,236. 0.58% of the stock is currently owned by insiders.
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.
Further Reading
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