Eldorado Gold (TSE:ELD) Insider Mehmet Yilmaz Sells 5,000 Shares

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) insider Mehmet Yilmaz sold 5,000 shares of the stock in a transaction dated Friday, June 26th. The stock was sold at an average price of C$44.42, for a total value of C$222,100.00. Following the transaction, the insider directly owned 27,543 shares in the company, valued at approximately C$1,223,460.06. The trade was a 15.36% decrease in their position.

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

• On Thursday, June 18th, Mehmet Yilmaz bought 2 shares of Eldorado Gold stock. The shares were purchased at an average price of C$47.27 per share, with a total value of C$94.54.

Eldorado Gold Trading Up 0.4%

Eldorado Gold stock traded up C$0.18 during midday trading on Tuesday, reaching C$44.34. 233,195 shares of the stock traded hands, compared to its average volume of 776,962. The firm has a market cap of C$11.55 billion, a PE ratio of 15.84, a price-to-earnings-growth ratio of 56.20 and a beta of 1.37. The company has a current ratio of 1.62, a quick ratio of 2.27 and a debt-to-equity ratio of 28.81. The company has a 50-day simple moving average of C$44.28 and a two-hundred day simple moving average of C$50.48. Eldorado Gold Co. has a 12-month low of C$26.87 and a 12-month high of C$69.46.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last issued its quarterly earnings results on Thursday, April 30th. The company reported C$1.32 earnings per share (EPS) for the quarter. Eldorado Gold had a net margin of 28.71% and a return on equity of 13.69%. The company had revenue of C$740.23 million for the quarter. Research analysts expect that Eldorado Gold Co. will post 2.1505174 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. BMO Capital Markets set a C$82.00 price objective on Eldorado Gold and gave the stock an “outperform” rating in a research report on Wednesday, April 15th. ATB Cormark Capital Markets cut Eldorado Gold from a “moderate buy” rating to a “hold” rating in a research note on Monday, May 4th. National Bank Financial upped their price target on Eldorado Gold from C$63.00 to C$70.00 and gave the stock an “outperform” rating in a report on Wednesday, April 15th. Finally, TD reduced their price target on Eldorado Gold from C$45.00 to C$40.00 and set a “hold” rating on the stock in a research report on Tuesday, April 14th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$63.50.

About Eldorado Gold

Eldorado Gold Corp is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill and Certej projects.