Eldorado Gold Co. (TSE:ELD) Senior Officer Peter Jonathan Lind Sells 9,130 Shares

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Senior Officer Peter Jonathan Lind sold 9,130 shares of Eldorado Gold stock in a transaction dated Monday, March 25th. The stock was sold at an average price of C$18.24, for a total value of C$166,531.20.

Eldorado Gold Stock Up 2.9 %

TSE ELD opened at C$18.97 on Thursday. The business has a fifty day moving average price of C$16.30 and a two-hundred day moving average price of C$15.54. The company has a debt-to-equity ratio of 18.60, a current ratio of 3.39 and a quick ratio of 2.28. Eldorado Gold Co. has a fifty-two week low of C$11.38 and a fifty-two week high of C$19.06. The stock has a market capitalization of C$3.85 billion, a PE ratio of 25.99, a PEG ratio of 56.20 and a beta of 1.13.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last announced its quarterly earnings results on Thursday, February 22nd. The company reported C$0.33 EPS for the quarter, beating analysts’ consensus estimates of C$0.28 by C$0.05. Eldorado Gold had a return on equity of 3.15% and a net margin of 10.37%. The company had revenue of C$417.85 million during the quarter. Equities analysts expect that Eldorado Gold Co. will post 0.9598263 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on ELD. Cormark reduced their price objective on Eldorado Gold from C$26.00 to C$25.00 in a report on Monday, February 26th. National Bank Financial restated an “outperform spec overweight” rating on shares of Eldorado Gold in a report on Wednesday, January 3rd. BMO Capital Markets boosted their price target on Eldorado Gold from C$17.00 to C$18.00 in a research note on Wednesday, December 13th. Stifel Canada downgraded Eldorado Gold from a “buy” rating to a “hold” rating in a research report on Friday, January 26th. Finally, Stifel Nicolaus downgraded Eldorado Gold from a “buy” rating to a “hold” rating and increased their price target for the stock from C$15.50 to C$17.25 in a research report on Friday, January 26th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, Eldorado Gold presently has a consensus rating of “Hold” and a consensus target price of C$18.06.

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.