Eldorado Gold (TSE:ELD) Insider Simon Oswald Hille Sells 6,639 Shares

Eldorado Gold Co. (TSE:ELDGet Free Report) (NYSE:EGO) insider Simon Oswald Hille sold 6,639 shares of Eldorado Gold stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of C$43.17, for a total transaction of C$286,605.63. Following the sale, the insider owned 16,062 shares in the company, valued at C$693,396.54. This represents a 29.25% decrease in their ownership of the stock.

Simon Oswald Hille also recently made the following trade(s):

  • On Wednesday, May 6th, Simon Oswald Hille acquired 2,500 shares of Eldorado Gold stock. The stock was bought at an average price of C$42.16 per share, with a total value of C$105,400.00.

Eldorado Gold Stock Performance

Shares of ELD traded up C$0.27 during midday trading on Monday, reaching C$46.94. 456,398 shares of the stock were exchanged, compared to its average volume of 794,414. The business’s 50-day moving average price is C$49.26 and its 200 day moving average price is C$49.09. 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 Co. has a twelve month low of C$23.99 and a twelve month high of C$69.46. The company has a market capitalization of C$12.36 billion, a price-to-earnings ratio of 16.76, a PEG ratio of 56.20 and a beta of 1.62.

Eldorado Gold (TSE:ELDGet Free Report) (NYSE:EGO) last announced its earnings results 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%. On average, sell-side analysts expect that Eldorado Gold Co. will post 2.1505174 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on ELD. TD dropped their price objective on shares of Eldorado Gold from C$45.00 to C$40.00 and set a “hold” rating on the stock in a research note on Tuesday, April 14th. Canaccord Genuity Group lowered Eldorado Gold from a “strong-buy” rating to a “hold” rating in a report on Friday, February 20th. BMO Capital Markets set a C$82.00 price target on Eldorado Gold and gave the company an “outperform” rating in a research report on Wednesday, April 15th. National Bank Financial upped their price objective on Eldorado Gold from C$63.00 to C$70.00 and gave the company an “outperform” rating in a research note on Wednesday, April 15th. Finally, ATB Cormark Capital Markets cut Eldorado Gold from a “moderate buy” rating to a “hold” rating in a research report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Eldorado Gold has a consensus rating of “Moderate Buy” and an average target price of C$63.50.

Read Our Latest Research 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.

Further Reading

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

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