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Eldorado Gold Co. (TSE:ELD) Senior Officer Sells C$122,978.75 in Stock

Eldorado Gold Co. (TSE:ELD - Get Free Report) NYSE: EGO Senior Officer Christos Balaskas sold 5,858 shares of Eldorado Gold stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of C$20.99, for a total transaction of C$122,978.75.

Christos Balaskas also recently made the following trade(s):

  • On Tuesday, May 7th, Christos Balaskas sold 3,186 shares of Eldorado Gold stock. The stock was sold at an average price of C$20.29, for a total value of C$64,633.74.

Eldorado Gold Stock Down 1.5 %

TSE:ELD traded down C$0.32 on Monday, reaching C$20.61. 188,768 shares of the stock traded hands, compared to its average volume of 386,218. The company's fifty day simple moving average is C$19.32 and its 200 day simple moving average is C$17.25. The company has a market capitalization of C$4.20 billion, a price-to-earnings ratio of 24.54, a PEG ratio of 56.20 and a beta of 1.23. 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 current ratio of 3.50, a quick ratio of 2.28 and a debt-to-equity ratio of 18.65.

Eldorado Gold (TSE:ELD - Get Free Report) NYSE: EGO last announced its quarterly earnings results on Thursday, February 22nd. The company reported C$0.33 earnings per share for the quarter, beating the consensus estimate 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 11.45% and a return on equity of 3.56%. Equities analysts predict that Eldorado Gold Co. will post 1.4739437 EPS for the current fiscal year.


Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. National Bankshares reduced their price target on Eldorado Gold from C$21.00 to C$19.00 and set an "outperform" rating on the stock in a research note on Monday, February 26th. National Bank Financial reiterated an "outperform spec overweight" rating on shares of Eldorado Gold in a research note on Monday, April 8th. Stifel Canada lowered shares of Eldorado Gold from a "buy" rating to a "hold" rating in a research note on Friday, January 26th. Cormark decreased their target price on shares of Eldorado Gold from C$26.00 to C$25.00 in a research note on Monday, February 26th. Finally, Bank of America lifted their target price on shares of Eldorado Gold from C$13.40 to C$16.80 in a report on Tuesday, April 9th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of C$20.69.

Read Our Latest Report on Eldorado Gold

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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