Insider Buying: Eldorado Gold (TSE:ELD) Director Acquires 1,240 Shares of Stock

Key Points

• Director Sally Louise Eyre purchased 1,240 shares on May 5 at C$40.33 each for a total of C$50,009.20, establishing a new stake in Eldorado Gold.
• Eldorado reported quarterly EPS of C$0.95 on C$740.23 million revenue, and the stock trades around C$42.72 with a market cap of ~C$11.3B and a P/E of 15.3 (one‑year range C$23.99–C$69.46).
• Analysts have a consensus rating of Moderate Buy with a consensus price target of C$63.50, while individual notes range from holds to strong‑buy and price targets up to C$82.00.

Eldorado Gold Co. (TSE:ELD - Get Free Report) NYSE: EGO Director Sally Louise Eyre purchased 1,240 shares of the firm's stock in a transaction that occurred on Tuesday, May 5th. The stock was bought at an average price of C$40.33 per share, for a total transaction of C$50,009.20. Following the transaction, the director directly owned 1,240 shares of the company's stock, valued at C$50,009.20. This trade represents a ∞ increase in their position.

Eldorado Gold Price Performance

Shares of TSE ELD traded up C$2.83 during mid-day trading on Wednesday, reaching C$42.72. The company had a trading volume of 409,413 shares, compared to its average volume of 779,204. The company has a debt-to-equity ratio of 28.81, a quick ratio of 2.28 and a current ratio of 1.62. Eldorado Gold Co. has a one year low of C$23.99 and a one year high of C$69.46. The firm has a market cap of C$11.25 billion, a price-to-earnings ratio of 15.26, a PEG ratio of 56.20 and a beta of 1.62. The business's 50-day simple moving average is C$49.88 and its 200 day simple moving average is C$49.05.

Eldorado Gold (TSE:ELD - Get Free Report) NYSE: EGO last announced its quarterly earnings data on Thursday, April 30th. The company reported C$0.95 earnings per share for the quarter. Eldorado Gold had a return on equity of 13.69% and a net margin of 28.71%.The business had revenue of C$740.23 million during the quarter. On average, research analysts predict that Eldorado Gold Co. will post 2.1505174 earnings per share for the current fiscal year.

Analyst Ratings Changes

ELD has been the topic of a number of research reports. Scotiabank upgraded Eldorado Gold from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 26th. BMO Capital Markets set a C$82.00 price target on Eldorado Gold and gave the stock an "outperform" rating in a research note on Wednesday, April 15th. Canaccord Genuity Group downgraded Eldorado Gold from a "strong-buy" rating to a "hold" rating in a research note on Friday, February 20th. ATB Cormark Capital Markets downgraded Eldorado Gold from a "moderate buy" rating to a "hold" rating in a research note on Monday. Finally, Bank of America increased their price objective on Eldorado Gold from C$46.25 to C$52.00 in a research note on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of C$63.50.

About Eldorado Gold

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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