Eldorado Gold Co. (TSE:ELD) Senior Officer Sells C$134,270.80 in Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Senior Officer Christos Balaskas sold 6,518 shares of the business’s stock in a transaction dated Sunday, June 23rd. The stock was sold at an average price of C$20.60, for a total transaction of C$134,270.80.

Christos Balaskas also recently made the following trade(s):

• On Thursday, May 9th, Christos Balaskas sold 5,858 shares of Eldorado Gold stock. The stock was sold at an average price of C$20.99, for a total value of C$122,978.75.
• On Tuesday, May 7th, Christos Balaskas sold 3,186 shares of Eldorado Gold stock. The shares were sold at an average price of C$20.29, for a total value of C$64,633.74.

Eldorado Gold Stock Up 0.2 %

Eldorado Gold stock opened at C$20.29 on Friday. The company has a debt-to-equity ratio of 18.65, a quick ratio of 2.28 and a current ratio of 3.50. Eldorado Gold Co. has a one year low of C$11.38 and a one year high of C$22.59. The company has a 50-day simple moving average of C$20.80 and a 200-day simple moving average of C$18.43. The firm has a market capitalization of C$4.14 billion, a P/E ratio of 24.45, a P/E/G ratio of 56.20 and a beta of 1.23.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last posted its earnings results on Thursday, April 25th. The company reported C$0.36 EPS for the quarter, topping the consensus estimate of C$0.21 by C$0.15. The firm had revenue of C$347.78 million during the quarter. Eldorado Gold had a net margin of 11.45% and a return on equity of 3.56%. As a group, equities analysts expect that Eldorado Gold Co. will post 1.4664843 earnings per share for the current year.

Analyst Ratings Changes

ELD has been the subject of a number of research analyst reports. National Bank Financial reiterated an “outperform spec overweight” rating on shares of Eldorado Gold in a report on Monday, April 8th. Bank of America boosted their target price on shares of Eldorado Gold from C$13.40 to C$16.80 in a research note on Tuesday, April 9th. Canaccord Genuity Group raised their price target on shares of Eldorado Gold from C$19.00 to C$23.00 in a research report on Tuesday, April 23rd. Royal Bank of Canada raised shares of Eldorado Gold from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from C$14.00 to C$20.00 in a research report on Wednesday, May 29th. Finally, BMO Capital Markets raised their target price on shares of Eldorado Gold from C$21.00 to C$23.00 in a report on Friday, April 26th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of C$21.48.

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.