Eldorado Gold (TSE:ELD) Stock Rating Reaffirmed by National Bank Financial

Eldorado Gold (TSE:ELD - Get Free Report) NYSE: EGO's stock had its "outperform spec overweight" rating reissued by analysts at National Bank Financial in a report issued on Monday.

ELD has been the subject of several other research reports. BMO Capital Markets increased their target price on shares of Eldorado Gold from C$17.00 to C$18.00 in a report on Wednesday, December 13th. Stifel Canada cut shares of Eldorado Gold from a "buy" rating to a "hold" rating in a research report on Friday, January 26th. National Bankshares reduced their target price on 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. Cormark decreased their price target on Eldorado Gold from C$26.00 to C$25.00 in a research report on Monday, February 26th. Finally, Stifel Nicolaus cut Eldorado Gold from a "buy" rating to a "hold" rating and boosted their price objective for the stock from C$15.50 to C$17.25 in a research report on Friday, January 26th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of C$18.79.

Eldorado Gold Stock Down 2.3 %

Shares of TSE ELD traded down C$0.48 during mid-day trading on Monday, reaching C$20.85. 547,224 shares of the company's stock traded hands, compared to its average volume of 406,042. The company has a debt-to-equity ratio of 18.60, a current ratio of 3.39 and a quick ratio of 2.28. The business has a 50-day simple moving average of C$17.16 and a 200 day simple moving average of C$16.11. The stock has a market cap of C$4.24 billion, a P/E ratio of 28.56, a PEG ratio of 56.20 and a beta of 1.13. Eldorado Gold has a 1-year low of C$11.38 and a 1-year high of C$22.01.

Eldorado Gold (TSE:ELD - Get Free Report) NYSE: EGO last released its quarterly earnings results 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 return on equity of 3.15% and a net margin of 10.37%. The business had revenue of C$417.85 million during the quarter. On average, analysts expect that Eldorado Gold will post 0.9818008 EPS for the current fiscal year.

Insider Transactions at Eldorado Gold

In other Eldorado Gold news, Senior Officer Peter Jonathan Lind sold 9,130 shares of the company's stock in a transaction dated 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 other Eldorado Gold news, Senior Officer Mehmet Yilmaz sold 1,900 shares of the firm's stock in a transaction on Friday, March 22nd. The shares were sold at an average price of C$18.25, for a total value of C$34,675.00. Also, Senior Officer Peter Jonathan Lind sold 9,130 shares of the company'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. In the last 90 days, insiders sold 41,338 shares of company stock worth $684,168. 0.69% of the stock is owned by company insiders.

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.