Insider Selling: Eldorado Gold Co. (TSE:ELD) Senior Officer Sells C$309,917.72 in Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Senior Officer Mehmet Yilmaz sold 10,798 shares of the firm’s stock in a transaction on Wednesday, June 4th. The stock was sold at an average price of C$28.70, for a total value of C$309,917.72.

Mehmet Yilmaz also recently made the following trade(s):

• On Monday, May 26th, Mehmet Yilmaz sold 2,342 shares of Eldorado Gold stock. The stock was sold at an average price of C$27.68, for a total value of C$64,826.56.
• On Monday, March 24th, Mehmet Yilmaz sold 5,000 shares of Eldorado Gold stock. The stock was sold at an average price of C$22.32, for a total value of C$111,600.00.
• On Thursday, March 20th, Mehmet Yilmaz sold 3,000 shares of Eldorado Gold stock. The stock was sold at an average price of C$22.85, for a total value of C$68,550.00.

Eldorado Gold Stock Performance

Shares of TSE:ELD opened at C$28.95 on Friday. Eldorado Gold Co. has a twelve month low of C$18.94 and a twelve month high of C$29.78. The firm has a market cap of C$4.17 billion, a PE ratio of 15.07, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22. The company has a debt-to-equity ratio of 23.28, a quick ratio of 2.28 and a current ratio of 3.37. The business has a fifty day moving average of C$26.34 and a 200-day moving average of C$23.41.

Wall Street Analyst Weigh In

Several research analysts have issued reports on ELD shares. Stifel Nicolaus increased their price objective on Eldorado Gold from C$25.00 to C$29.00 in a research note on Monday, April 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. National Bank Financial upgraded Eldorado Gold to a “strong-buy” rating in a research note on Friday, March 21st. Finally, National Bankshares increased their price objective on Eldorado Gold from C$25.00 to C$29.00 and gave the stock an “outperform” rating in a research note 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.