Eldorado Gold Co. (TSE:ELD – Get Free Report) (NYSE:EGO) Director Daniel Myerson acquired 1,100 shares of the business’s stock in a transaction on Friday, May 15th. The shares were bought at an average cost of C$43.71 per share, for a total transaction of C$48,081.00. Following the acquisition, the director owned 3,941 shares of the company’s stock, valued at C$172,261.11. This represents a 38.72% increase in their position.
Daniel Myerson also recently made the following trade(s):
- On Friday, May 15th, Daniel Myerson bought 9 shares of Eldorado Gold stock. The stock was bought at an average price of C$43.92 per share, with a total value of C$395.28.
- On Monday, May 11th, Daniel Myerson bought 332 shares of Eldorado Gold stock. The stock was bought at an average cost of C$48.25 per share, for a total transaction of C$16,019.00.
Eldorado Gold Stock Down 7.8%
TSE:ELD traded down C$3.70 during midday trading on Friday, hitting C$43.51. 675,653 shares of the company were exchanged, compared to its average volume of 801,003. The company has a fifty day simple moving average of C$47.62 and a 200 day simple moving average of C$49.42. Eldorado Gold Co. has a fifty-two week low of C$24.30 and a fifty-two week high of C$69.46. The company has a current ratio of 1.62, a quick ratio of 2.28 and a debt-to-equity ratio of 28.81. The company has a market capitalization of C$11.46 billion, a PE ratio of 15.54, a price-to-earnings-growth ratio of 56.20 and a beta of 1.62.
Analysts Set New Price Targets
A number of brokerages recently issued reports on ELD. BMO Capital Markets set a C$82.00 target price on Eldorado Gold and gave the company an “outperform” rating in a research report on Wednesday, April 15th. Royal Bank Of Canada cut Eldorado Gold from a “moderate buy” rating to a “hold” rating and boosted their price objective for the company from C$47.00 to C$48.00 in a research note on Tuesday, February 17th. Canaccord Genuity Group downgraded Eldorado Gold from a “strong-buy” rating to a “hold” rating in a report on Friday, February 20th. National Bank Financial raised their target price on shares of Eldorado Gold from C$63.00 to C$70.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 15th. Finally, Scotiabank raised shares of Eldorado Gold from a “hold” rating to a “strong-buy” rating in a report on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of C$63.50.
Get Our Latest Research Report on ELD
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.
Further Reading
- Five stocks we like better than Eldorado Gold
- Viking Sails to All-Time Highs—Fundamentals Signal More to Come
- Datavalut Gains Traction: 5 Reasons to Sell Now
- TMC Stock: Why This Pre-Revenue Miner Is Worth Watching
- The Power Grid Is Dying—Is It Time to Buy Its Replacement?
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.
-logo-1200x675.png){kind=logo}
