Eldorado Gold Co. (TSE:ELD - Get Free Report) NYSE: EGO Senior Officer Christos Balaskas sold 3,186 shares of Eldorado Gold stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of C$20.29, for a total transaction of C$64,633.74.
Eldorado Gold Trading Down 0.5 %
Shares of TSE ELD traded down C$0.10 during midday trading on Thursday, reaching C$20.64. 292,457 shares of the stock were exchanged, compared to its average volume of 389,777. The stock has a market capitalization of C$4.19 billion, a P/E ratio of 28.21, a PEG ratio of 56.20 and a beta of 1.13. The company has a debt-to-equity ratio of 18.60, a quick ratio of 2.28 and a current ratio of 3.39. The company has a 50 day simple moving average of C$18.96 and a 200 day simple moving average of C$17.09. Eldorado Gold Co. has a twelve month low of C$11.38 and a twelve month high of C$22.01.
Eldorado Gold (TSE:ELD - Get Free Report) NYSE: EGO last issued its quarterly earnings data on Thursday, February 22nd. The company reported C$0.33 earnings per share for the quarter, topping the consensus estimate of C$0.28 by C$0.05. Eldorado Gold had a return on equity of 3.15% and a net margin of 10.37%. The company had revenue of C$417.85 million during the quarter. As a group, equities analysts expect that Eldorado Gold Co. will post 0.9818008 earnings per share for the current year.
Analysts Set New Price Targets
ELD has been the subject of several recent analyst reports. Cormark cut their price target on shares of Eldorado Gold from C$26.00 to C$25.00 in a report on Monday, February 26th. National Bankshares cut their price target on shares of Eldorado Gold from C$21.00 to C$19.00 and set an "outperform" rating for the company in a report on Monday, February 26th. Canaccord Genuity Group increased their target price on shares of Eldorado Gold from C$19.00 to C$23.00 in a research report on Tuesday, April 23rd. Stifel Canada lowered shares of Eldorado Gold from a "buy" rating to a "hold" rating in a research report on Friday, January 26th. Finally, National Bank Financial reaffirmed an "outperform spec overweight" rating on shares of Eldorado Gold in a research note on Monday, April 8th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of C$20.69.
Read Our Latest Stock Analysis on ELD
About Eldorado Gold
(
Get Free Report)
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.
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