Eldorado Gold (TSE:ELD) Insider Sells C$78,008.19 in Stock

Eldorado Gold Co. (TSE:ELDGet Free Report) (NYSE:EGO) insider Frank Hamilton Herbert sold 1,807 shares of the stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of C$43.17, for a total transaction of C$78,008.19. Following the completion of the transaction, the insider directly owned 17,814 shares of the company’s stock, valued at approximately C$769,030.38. This trade represents a 9.21% decrease in their ownership of the stock.

Frank Hamilton Herbert also recently made the following trade(s):

  • On Wednesday, May 6th, Frank Hamilton Herbert sold 17,736 shares of Eldorado Gold stock. The stock was sold at an average price of C$43.17, for a total value of C$765,663.12.

Eldorado Gold Stock Performance

ELD opened at C$48.70 on Thursday. Eldorado Gold Co. has a 1-year low of C$23.99 and a 1-year high of C$69.46. The stock has a market cap of C$12.82 billion, a P/E ratio of 17.39, a P/E/G ratio of 56.20 and a beta of 1.62. The stock’s 50 day simple moving average is C$48.08 and its 200 day simple moving average is C$49.38. The company has a debt-to-equity ratio of 28.81, a current ratio of 1.62 and a quick ratio of 2.28.

Eldorado Gold (TSE:ELDGet Free Report) (NYSE:EGO) last issued its quarterly earnings data on Thursday, April 30th. The company reported C$0.95 earnings per share (EPS) for the quarter. The firm had revenue of C$740.23 million during the quarter. Eldorado Gold had a return on equity of 13.69% and a net margin of 28.71%. As a group, equities analysts anticipate that Eldorado Gold Co. will post 2.1505174 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently commented on ELD. Stifel Nicolaus boosted their price objective on shares of Eldorado Gold from C$48.00 to C$65.00 in a research report on Tuesday, February 10th. ATB Cormark Capital Markets downgraded shares of Eldorado Gold from a “moderate buy” rating to a “hold” rating in a report on Monday, May 4th. Canaccord Genuity Group downgraded shares of Eldorado Gold from a “strong-buy” rating to a “hold” rating in a report on Friday, February 20th. TD lowered their price target on shares of Eldorado Gold from C$45.00 to C$40.00 and set a “hold” rating on the stock in a research report on Tuesday, April 14th. Finally, BMO Capital Markets set a C$82.00 price objective on shares of Eldorado Gold and gave the stock an “outperform” rating in a research note on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Eldorado Gold presently has a consensus rating of “Moderate Buy” and an average target price of C$63.50.

Read Our Latest Report on ELD

Eldorado Gold Company Profile

(Get Free Report)

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.

See Also

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

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