Insider Selling: Eldorado Gold Co. (TSE:ELD) Senior Officer Sells 2,000 Shares of Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Senior Officer Frank Hamilton Herbert sold 2,000 shares of Eldorado Gold stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of C$27.64, for a total transaction of C$55,280.00.

Eldorado Gold Trading Up 0.8 %

Shares of ELD stock opened at C$27.43 on Friday. The company has a current ratio of 3.37, a quick ratio of 2.28 and a debt-to-equity ratio of 23.28. The stock has a market capitalization of C$3.96 billion, a price-to-earnings ratio of 14.28, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22. Eldorado Gold Co. has a 12-month low of C$18.94 and a 12-month high of C$28.50. The stock’s 50-day moving average price is C$24.50 and its 200-day moving average price is C$22.91.

Analyst Ratings Changes

A number of research analysts recently weighed in on ELD shares. National Bank Financial upgraded shares of Eldorado Gold to a “strong-buy” rating in a research note on Friday, March 21st. Cormark dropped their price objective on Eldorado Gold from C$33.50 to C$30.00 in a research note on Monday, February 10th. BMO Capital Markets decreased their target price on Eldorado Gold from C$29.00 to C$27.00 in a research note on Friday, February 7th. Stifel Nicolaus boosted their price target on Eldorado Gold from C$25.00 to C$29.00 in a report on Monday, April 21st. Finally, National Bankshares increased their price objective on shares of Eldorado Gold from C$25.00 to C$29.00 and gave the company an “outperform” rating in a report on Wednesday, March 19th.

About Eldorado Gold

Eldorado Gold Corp is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill and Certej projects.