Eldorado Gold Co. (TSE:ELD) Senior Officer Sells C$136,611.54 in Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Senior Officer Mehmet Yilmaz sold 6,134 shares of the company’s stock in a transaction on Thursday, September 5th. The stock was sold at an average price of C$22.27, for a total value of C$136,611.54.

Eldorado Gold Trading Down 4.5 %

Shares of Eldorado Gold stock opened at C$23.80 on Monday. The company has a 50 day simple moving average of C$23.18 and a two-hundred day simple moving average of C$21.35. The company has a debt-to-equity ratio of 20.85, a current ratio of 3.62 and a quick ratio of 2.28. The firm has a market cap of C$4.87 billion, a PE ratio of 20.00, a PEG ratio of 56.20 and a beta of 1.23. Eldorado Gold Co. has a 1 year low of C$11.38 and a 1 year high of C$25.37.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last released its earnings results on Thursday, July 25th. The company reported C$0.45 EPS for the quarter, beating the consensus estimate of C$0.36 by C$0.09. The company had revenue of C$406.56 million for the quarter. Eldorado Gold had a net margin of 15.68% and a return on equity of 4.99%. Analysts expect that Eldorado Gold Co. will post 2.1566697 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

ELD has been the subject of a number of research reports. National Bankshares raised their price objective on shares of Eldorado Gold from C$26.00 to C$27.00 in a report on Monday, July 29th. Canaccord Genuity Group lifted their target price on Eldorado Gold from C$23.00 to C$26.50 in a report on Tuesday, July 23rd. Finally, Cibc World Mkts upgraded Eldorado Gold to a “strong-buy” rating in a research note on Wednesday, July 10th. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Eldorado Gold presently has a consensus rating of “Moderate Buy” and an average price target of C$22.54.

About Eldorado Gold

Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemçukuru mines located in Turkey; Lamaque complex located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located in Romania.