Mehmet Yilmaz Sells 1,900 Shares of Eldorado Gold Co. (TSE:ELD) Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Senior Officer Mehmet Yilmaz sold 1,900 shares of Eldorado Gold stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of C$18.25, for a total value of C$34,675.00.

Mehmet Yilmaz also recently made the following trade(s):

• On Friday, March 8th, Mehmet Yilmaz sold 10,000 shares of Eldorado Gold stock. The stock was sold at an average price of C$16.62, for a total value of C$166,225.00.

Eldorado Gold Price Performance

Shares of ELD stock opened at C$19.04 on Friday. The stock’s fifty day simple moving average is C$16.34 and its 200 day simple moving average is C$15.56. The company has a debt-to-equity ratio of 18.60, a current ratio of 3.39 and a quick ratio of 2.28. The firm has a market cap of C$3.87 billion, a price-to-earnings ratio of 26.08, a P/E/G ratio of 56.20 and a beta of 1.13. Eldorado Gold Co. has a one year low of C$11.38 and a one year high of C$19.20.

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 the consensus estimate of C$0.28 by C$0.05. The business had revenue of C$417.85 million for the quarter. Eldorado Gold had a return on equity of 3.15% and a net margin of 10.37%. On average, analysts expect that Eldorado Gold Co. will post 0.9598263 earnings per share for the current fiscal year.

Analyst Ratings Changes

ELD has been the topic of several recent analyst reports. BMO Capital Markets lifted their price target on Eldorado Gold from C$17.00 to C$18.00 in a research report 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. Cormark lowered their price objective on Eldorado Gold from C$26.00 to C$25.00 in a research report on Monday, February 26th. National Bankshares lowered their price objective on Eldorado Gold from C$21.00 to C$19.00 and set an “outperform” rating on the stock in a research report on Monday, February 26th. Finally, National Bank Financial restated an “outperform spec overweight” rating on shares of Eldorado Gold in a research report on Wednesday, January 3rd. 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, Eldorado Gold presently has a consensus rating of “Hold” and a consensus price target 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.