Eldorado Gold Co. (TSE:ELD) Director Sells C$4,100,183.13 in Stock

Eldorado Gold Co. (TSE:ELDGet Free Report) (NYSE:EGO) Director George Raymond Burns sold 199,010 shares of the company’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of C$20.60, for a total value of C$4,100,183.13.

George Raymond Burns also recently made the following trade(s):

  • On Friday, May 3rd, George Raymond Burns sold 12,820 shares of Eldorado Gold stock. The shares were sold at an average price of C$19.64, for a total value of C$251,733.52.
  • On Tuesday, March 5th, George Raymond Burns sold 13,434 shares of Eldorado Gold stock. The shares were sold at an average price of C$14.87, for a total value of C$199,806.57.

Eldorado Gold Price Performance

Shares of TSE ELD opened at C$21.68 on Wednesday. The stock’s 50-day moving average is C$20.31 and its two-hundred day moving average is C$17.76. The company has a debt-to-equity ratio of 18.65, a current ratio of 3.50 and a quick ratio of 2.28. Eldorado Gold Co. has a 1-year low of C$11.38 and a 1-year high of C$22.58. The company has a market cap of C$4.42 billion, a price-to-earnings ratio of 26.12, a price-to-earnings-growth ratio of 56.20 and a beta of 1.23.

Eldorado Gold (TSE:ELDGet Free Report) (NYSE:EGO) last issued its quarterly earnings results on Thursday, April 25th. The company reported C$0.36 earnings per share for the quarter, topping the consensus estimate of C$0.21 by C$0.15. Eldorado Gold had a return on equity of 3.56% and a net margin of 11.45%. The company had revenue of C$347.78 million for the quarter. Analysts forecast that Eldorado Gold Co. will post 1.4664843 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ELD. National Bank Financial reaffirmed an “outperform spec overweight” rating on shares of Eldorado Gold in a research note on Monday, April 8th. Stifel Nicolaus upped their price target on Eldorado Gold from C$17.25 to C$19.50 in a research note on Friday, April 19th. National Bankshares decreased their target price 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. Canaccord Genuity Group increased their target price on Eldorado Gold from C$19.00 to C$23.00 in a research note on Tuesday, April 23rd. Finally, BMO Capital Markets increased their target price on Eldorado Gold from C$21.00 to C$23.00 in a research note on Friday, April 26th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of C$20.69.

View Our Latest Analysis on Eldorado Gold

Eldorado Gold Company Profile

(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.

See Also

Insider Buying and Selling by Quarter for Eldorado Gold (TSE:ELD)

Receive News & Ratings for Eldorado Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eldorado Gold and related companies with MarketBeat.com's FREE daily email newsletter.