Eldorado Gold Co. (TSE:ELD) Senior Officer Karen Christine Aram Sells 7,542 Shares

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Senior Officer Karen Christine Aram sold 7,542 shares of the company’s stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of C$20.24, for a total transaction of C$152,640.28.

Eldorado Gold Stock Down 2.2 %

Shares of TSE:ELD opened at C$19.59 on Friday. Eldorado Gold Co. has a 52-week low of C$11.38 and a 52-week high of C$22.01. The company has a market capitalization of C$3.98 billion, a PE ratio of 26.84, a price-to-earnings-growth ratio of 56.20 and a beta of 1.13. The company has a debt-to-equity ratio of 18.60, a quick ratio of 2.28 and a current ratio of 3.39. The company has a fifty day moving average of C$18.58 and a 200-day moving average of C$16.93.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last posted its earnings results on Thursday, February 22nd. The company reported C$0.33 EPS for the quarter, beating the consensus estimate of C$0.28 by C$0.05. The firm had revenue of C$417.85 million during the quarter. Eldorado Gold had a return on equity of 3.15% and a net margin of 10.37%. On average, equities analysts predict that Eldorado Gold Co. will post 0.9818008 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on ELD. National Bank Financial reiterated an “outperform spec overweight” rating on shares of Eldorado Gold in a research note on Monday, April 8th. Stifel Nicolaus lifted their target price on Eldorado Gold from C$17.25 to C$19.50 in a report on Friday, April 19th. Bank of America boosted their price objective on shares of Eldorado Gold from C$13.40 to C$16.80 in a report on Tuesday, April 9th. Cormark dropped their price target on shares of Eldorado Gold from C$26.00 to C$25.00 in a research report on Monday, February 26th. Finally, BMO Capital Markets increased their price target on Eldorado Gold from C$21.00 to C$23.00 in a research report on Friday, April 26th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, Eldorado Gold has an average rating of “Hold” and an average target price of C$20.69.

Eldorado Gold Company Profile

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.