Eldorado Gold (ELD) Set to Announce Earnings on Thursday

Eldorado Gold (TSE:ELD) (NYSE:EGO) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, April 25th. Analysts expect Eldorado Gold to post earnings of C$0.20 per share for the quarter.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last announced its quarterly earnings data on Thursday, February 22nd. The company reported C$0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.28 by C$0.05. Eldorado Gold had a net margin of 10.37% and a return on equity of 3.15%. The business had revenue of C$417.85 million during the quarter.

Eldorado Gold Trading Down 5.3 %

ELD opened at C$19.59 on Tuesday. 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 stock’s 50 day moving average price is C$17.66 and its 200-day moving average price is C$16.53. Eldorado Gold has a one year low of C$11.38 and a one year high of C$22.01. The stock has a market cap of C$3.98 billion, a price-to-earnings ratio of 26.84, a P/E/G ratio of 56.20 and a beta of 1.13.

Analyst Ratings Changes

Several equities analysts have commented on ELD shares. National Bank Financial reaffirmed an “outperform spec overweight” rating on shares of Eldorado Gold in a research report on Monday, April 8th. Stifel Canada downgraded shares of Eldorado Gold from a “buy” rating to a “hold” rating in a research note on Friday, January 26th. Bank of America lifted their price objective on shares of Eldorado Gold from C$13.40 to C$16.80 in a report on Tuesday, April 9th. Cormark dropped 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, Stifel Nicolaus lifted their price target on shares of Eldorado Gold from C$17.25 to C$19.50 in a research note on Friday. Three equities research 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 presently has an average rating of “Hold” and a consensus price target of C$19.11.

Insider Buying and Selling at Eldorado Gold

In related news, Senior Officer Mehmet Yilmaz sold 1,900 shares of the business’s stock in a transaction that occurred 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. In related news, Senior Officer Mehmet Yilmaz sold 1,900 shares of the firm’s stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of C$18.25, for a total transaction of C$34,675.00. Also, Senior Officer Peter Jonathan Lind sold 9,130 shares of the business’s stock in a transaction dated 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 quarter, insiders have sold 41,338 shares of company stock valued at $684,168. Company insiders own 0.69% of the company’s stock.

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.