Eldorado Gold (ELD) Set to Announce Quarterly Earnings on Thursday

Eldorado Gold (TSE:ELD - Get Free Report) NYSE: EGO is scheduled to post its quarterly earnings results after the market closes on Thursday, April 25th. Analysts expect Eldorado Gold to post earnings of C$0.20 per share for the quarter.

Eldorado Gold (TSE:ELD - Get Free Report) NYSE: EGO last announced its quarterly earnings data on Thursday, February 22nd. The company reported C$0.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of C$0.28 by C$0.05. Eldorado Gold had a net margin of 10.37% and a return on equity of 3.15%. The firm had revenue of C$417.85 million for the quarter.

Eldorado Gold Trading Down 0.4 %

ELD stock traded down C$0.08 during midday trading on Thursday, reaching C$20.52. The company's stock had a trading volume of 248,657 shares, compared to its average volume of 404,324. Eldorado Gold has a 52 week low of C$11.38 and a 52 week high of C$22.01. The stock has a market cap of C$4.17 billion, a PE ratio of 27.97, a price-to-earnings-growth ratio of 56.20 and a beta of 1.13. The company has a quick ratio of 2.28, a current ratio of 3.39 and a debt-to-equity ratio of 18.60. The business's 50-day simple moving average is C$17.40 and its 200-day simple moving average is C$16.31.

Insiders Place Their Bets

In related news, Senior Officer Peter Jonathan Lind sold 9,130 shares of the firm's stock in a transaction on Monday, March 25th. The shares were sold at an average price of C$18.24, for a total transaction of C$166,531.20. In related news, Director George Raymond Burns sold 13,434 shares of the firm's stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of C$14.87, for a total transaction of C$199,806.57. Also, Senior Officer Peter Jonathan Lind sold 9,130 shares of the firm's stock in a transaction on Monday, March 25th. The stock was sold at an average price of C$18.24, for a total transaction of C$166,531.20. Over the last three months, insiders have sold 41,338 shares of company stock worth $684,168. Company insiders own 0.69% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Stifel Nicolaus cut shares of Eldorado Gold from a "buy" rating to a "hold" rating and raised their price objective for the company from C$15.50 to C$17.25 in a research note on Friday, January 26th. Bank of America increased their target price on shares of Eldorado Gold from C$13.40 to C$16.80 in a report on Tuesday, April 9th. National Bank Financial reiterated an "outperform spec overweight" rating on shares of Eldorado Gold in a report on Monday, April 8th. Stifel Canada lowered shares of Eldorado Gold from a "buy" rating to a "hold" rating in a report on Friday, January 26th. Finally, National Bankshares cut their target price on shares of Eldorado Gold from C$21.00 to C$19.00 and set an "outperform" rating on the stock in a report on Monday, February 26th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Eldorado Gold presently has an average rating of "Hold" and a consensus target price of C$18.79.

About Eldorado Gold

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.