Eldorado Gold Co. (TSE:ELD) Given Consensus Rating of "Hold" by Brokerages

Eldorado Gold Co. (TSE:ELD - Get Free Report) NYSE: EGO has been given a consensus rating of "Hold" by the five ratings firms that are covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$18.06.

A number of analysts have recently commented on the company. National Bankshares cut their price objective on Eldorado Gold from C$21.00 to C$19.00 and set an "outperform" rating for the company in a research report on Monday, February 26th. Stifel Canada cut Eldorado Gold from a "buy" rating to a "hold" rating in a research report on Friday, January 26th. Cormark dropped their price target on Eldorado Gold from C$26.00 to C$25.00 in a research report on Monday, February 26th. BMO Capital Markets boosted their price target on Eldorado Gold from C$17.00 to C$18.00 in a research report on Wednesday, December 13th. Finally, Stifel Nicolaus cut Eldorado Gold from a "buy" rating to a "hold" rating and boosted their price target for the stock from C$15.50 to C$17.25 in a research report on Friday, January 26th.

Eldorado Gold Price Performance

Shares of Eldorado Gold stock traded up C$0.55 on Friday, reaching C$20.53. The company's stock had a trading volume of 458,658 shares, compared to its average volume of 404,115. The company has a market capitalization of C$4.17 billion, a P/E ratio of 28.12, a PEG ratio of 56.20 and a beta of 1.13. Eldorado Gold has a 52-week low of C$11.38 and a 52-week high of C$20.60. The stock has a 50-day moving average price of C$16.71 and a 200-day moving average price of C$15.84. The company has a quick ratio of 2.28, a current ratio of 3.39 and a debt-to-equity ratio of 18.60.

Eldorado Gold (TSE:ELD - Get Free Report) NYSE: EGO last posted its quarterly earnings data on Thursday, February 22nd. The company reported C$0.33 EPS for the quarter, beating analysts' consensus estimates of C$0.28 by C$0.05. The business had revenue of C$417.85 million during the quarter. Eldorado Gold had a return on equity of 3.15% and a net margin of 10.37%. Analysts expect that Eldorado Gold will post 0.9804325 EPS for the current year.

Insider Buying and Selling at Eldorado Gold

In other Eldorado Gold news, Director George Raymond Burns sold 13,434 shares of the company's stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of C$14.87, for a total value of C$199,806.57. In other Eldorado Gold news, Senior Officer Mehmet Yilmaz sold 10,000 shares of the company's stock in a transaction on Friday, March 8th. The stock was sold at an average price of C$16.62, for a total value of C$166,225.00. Also, Director George Raymond Burns sold 13,434 shares of the stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of C$14.87, for a total value of C$199,806.57. Insiders sold a total of 41,338 shares of company stock worth $684,168 in the last three months. 0.69% of the stock is owned by corporate insiders.

Eldorado Gold Company Profile

Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemçukuru mines located in Turkey; Lamaque complex located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located in Romania.