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.
Read More
Before you consider Eldorado Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Eldorado Gold wasn't on the list.
While Eldorado Gold currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
