Eldorado Gold Co. (TSE:ELD) Director Sells C$251,733.52 in Stock

Eldorado Gold Co. (TSE:ELD - Get Free Report) NYSE: EGO Director George Raymond Burns sold 12,820 shares of the company's stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of C$19.64, for a total transaction of C$251,733.52.

George Raymond Burns also recently made the following trade(s):

• On Tuesday, March 5th, George Raymond Burns sold 13,434 shares of Eldorado Gold stock. The stock was sold at an average price of C$14.87, for a total transaction of C$199,806.57.

Eldorado Gold Stock Performance

Shares of TSE:ELD traded up C$0.22 during trading on Wednesday, hitting C$20.74. The stock had a trading volume of 255,931 shares, compared to its average volume of 390,858. The stock has a 50-day simple moving average of C$18.96 and a two-hundred day simple moving average of C$17.09. The stock has a market capitalization of C$4.21 billion, a price-to-earnings ratio of 28.41, a price-to-earnings-growth ratio of 56.20 and a beta of 1.13. Eldorado Gold Co. has a 12-month low of C$11.38 and a 12-month high of C$22.01. 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 results on Thursday, February 22nd. The company reported C$0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$0.28 by C$0.05. The company had revenue of C$417.85 million during the quarter. Eldorado Gold had a net margin of 10.37% and a return on equity of 3.15%. On average, equities research analysts expect that Eldorado Gold Co. will post 0.9818008 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Canaccord Genuity Group upped their price target on shares of Eldorado Gold from C$19.00 to C$23.00 in a research report on Tuesday, April 23rd. Stifel Canada cut shares of Eldorado Gold from a "buy" rating to a "hold" rating in a research report on Friday, January 26th. BMO Capital Markets increased their target price on shares of Eldorado Gold from C$21.00 to C$23.00 in a research report on Friday, April 26th. National Bankshares decreased their target price on shares of 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. Finally, Cormark decreased their target price on shares of Eldorado Gold from C$26.00 to C$25.00 in a research report on Monday, February 26th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Eldorado Gold currently has an average rating of "Hold" and an average price target of C$20.69.

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.