Stephen David Walker Purchases 1,000 Shares of Eldorado Gold (TSE:ELD) Stock

Key Points

• Director Stephen David Walker bought 1,000 shares of Eldorado Gold on May 5 at an average price of C$40.56, a total outlay of about C$40,560.
• Eldorado shares rose 7.1% to C$42.72 on the day (409,413 shares traded vs. a 779,204 average), and the stock sits within a 12‑month range of C$23.99–C$69.46 with a market cap of about C$11.25 billion and a PE of 15.26.
• The company reported quarterly EPS of C$0.95 on C$740.23 million in revenue, and analysts rate the stock a consensus "Moderate Buy" with a target price of C$63.50.

Eldorado Gold Co. (TSE:ELD - Get Free Report) NYSE: EGO Director Stephen David Walker purchased 1,000 shares of Eldorado Gold stock in a transaction on Tuesday, May 5th. The shares were purchased at an average cost of C$40.56 per share, with a total value of C$40,560.00. Following the transaction, the director owned 1,000 shares in the company, valued at approximately C$40,560. The trade was a ∞ increase in their ownership of the stock.

Eldorado Gold Stock Up 7.1%

TSE:ELD traded up C$2.83 during trading hours on Wednesday, reaching C$42.72. 409,413 shares of the stock were exchanged, compared to its average volume of 779,204. Eldorado Gold Co. has a twelve month low of C$23.99 and a twelve month high of C$69.46. The company has a debt-to-equity ratio of 28.81, a current ratio of 1.62 and a quick ratio of 2.28. The firm has a 50 day moving average of C$49.88 and a 200 day moving average of C$49.05. The stock has a market cap of C$11.25 billion, a PE ratio of 15.26, a PEG ratio of 56.20 and a beta of 1.62.

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

Wall Street Analyst Weigh In

ELD has been the topic of a number of research analyst reports. Canadian Imperial Bank of Commerce cut Eldorado Gold from a "strong-buy" rating to a "hold" rating in a research note on Friday, February 20th. Stifel Nicolaus increased their price target on Eldorado Gold from C$48.00 to C$65.00 in a research note on Tuesday, February 10th. ATB Cormark Capital Markets cut Eldorado Gold from a "moderate buy" rating to a "hold" rating in a research note on Monday. Bank of America increased their price target on Eldorado Gold from C$46.25 to C$52.00 in a research note on Thursday, February 26th. Finally, Scotiabank upgraded Eldorado Gold from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 26th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of C$63.50.

Eldorado Gold Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.