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 business's stock in a transaction dated Monday, August 25th. The stock was sold at an average price of C$32.56, for a total transaction of C$177,061.28. Following the completion of the sale, the insider owned 6,408 shares in the company, valued at approximately C$208,644.48. This trade represents a 45.91% decrease in their ownership of the stock.

Eldorado Gold Price Performance

Eldorado Gold stock traded up C$0.55 during midday trading on Friday, hitting C$38.82. The company's stock had a trading volume of 119,554 shares, compared to its average volume of 389,931. The stock's 50-day moving average price is C$30.97 and its 200-day moving average price is C$27.40. The company has a quick ratio of 2.28, a current ratio of 3.37 and a debt-to-equity ratio of 23.28. The company has a market capitalization of C$7.89 billion, a PE ratio of 19.51, a price-to-earnings-growth ratio of 56.20 and a beta of 0.82. Eldorado Gold Co. has a 12 month low of C$18.94 and a 12 month high of C$38.95.

Analyst Ratings Changes

ELD has been the topic of several recent analyst reports. Bank of America boosted their price objective on Eldorado Gold from C$28.50 to C$33.50 in a report on Friday, August 29th. National Bankshares boosted their price objective 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 company's stock. According to MarketBeat.com, the company has an average rating of "Strong Buy" and an average 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.