Christine Tamiko Ohta Sells 5,438 Shares of Eldorado Gold (TSE:ELD) Stock

Key Points

• Insider Christine Tamiko Ohta sold 5,438 shares of Eldorado Gold at an average price of C$32.56, reducing her holdings by 45.91% to 6,408 shares valued at approximately C$208,644.48.
• Eldorado Gold’s stock experienced a slight decrease, trading at C$36.18, with recent analyst upgrades raising price targets to as high as C$41.00.
• The company has a current consensus rating of "Strong Buy" and an average target price of C$32.10 as per MarketBeat data.

Eldorado Gold Co. (TSE:ELD - Get Free Report) NYSE: EGO insider Christine Tamiko Ohta sold 5,438 shares of the firm's stock in a transaction dated Monday, August 25th. The stock was sold at an average price of C$32.56, for a total value of C$177,061.28. Following the completion of the sale, the insider directly owned 6,408 shares of the company's stock, valued at approximately C$208,644.48. This represents a 45.91% decrease in their position.

Eldorado Gold Stock Up 1.6%

TSE ELD traded up C$0.63 during trading on Friday, hitting C$38.90. The company's stock had a trading volume of 347,007 shares, compared to its average volume of 391,343. The company has a debt-to-equity ratio of 23.28, a current ratio of 3.37 and a quick ratio of 2.28. The company has a market cap of C$7.90 billion, a PE ratio of 19.55, a P/E/G ratio of 56.20 and a beta of 0.82. The business's 50 day simple moving average is C$31.18 and its 200-day simple moving average is C$27.58. Eldorado Gold Co. has a fifty-two week low of C$18.94 and a fifty-two week high of C$39.10.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Bank of America lifted their target price on Eldorado Gold from C$28.50 to C$33.50 in a report on Friday, August 29th. National Bankshares lifted their target price on Eldorado Gold from C$38.00 to C$41.00 and gave the stock an "outperform" rating in a report on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. Based on data from MarketBeat, Eldorado Gold presently has an average rating of "Strong Buy" and a consensus target price of C$32.10.

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.