Eldorado Gold Co. (TSE:ELD – Get Free Report) (NYSE:EGO) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$14.67 and traded as high as C$16.79. Eldorado Gold shares last traded at C$16.70, with a volume of 134,088 shares.
Analyst Ratings Changes
ELD has been the topic of a number of recent analyst reports. Stifel Canada downgraded shares of Eldorado Gold from a “buy” rating to a “hold” rating in a research note on Friday, January 26th. National Bank Financial reaffirmed an “outperform spec overweight” rating on shares of Eldorado Gold in a research note on Wednesday, January 3rd. Cormark reduced their price objective on Eldorado Gold from C$22.50 to C$20.00 in a research report on Tuesday, October 10th. Canaccord Genuity Group upped their target price on Eldorado Gold from C$16.00 to C$17.00 and gave the stock a “hold” rating in a research note on Tuesday, November 7th. Finally, BMO Capital Markets boosted their price objective on shares of Eldorado Gold from C$17.00 to C$18.00 in a report on Wednesday, December 13th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of C$17.64.
Eldorado Gold Stock Performance
Insider Buying and Selling at Eldorado Gold
In other Eldorado Gold news, Senior Officer Karen Christine Aram sold 7,362 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of C$17.50, for a total value of C$128,840.15. In other Eldorado Gold news, Senior Officer Karen Christine Aram sold 7,362 shares of the firm’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of C$17.50, for a total transaction of C$128,840.15. Also, Senior Officer Nicolae Stanca sold 4,635 shares of the company’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of C$15.95, for a total value of C$73,932.42. Over the last quarter, insiders have sold 22,192 shares of company stock worth $382,510. 0.66% of the stock is currently 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 gold mines located in western Turkey; Lamaque gold mines 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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