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Eldorado Gold (TSE:ELD) Stock Price Passes Above Two Hundred Day Moving Average - Here's What Happened

Eldorado Gold logo with Basic Materials background
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Shares of Eldorado Gold Co. (TSE:ELD - Get Free Report) NYSE: EGO passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$22.45 and traded as high as C$25.21. Eldorado Gold shares last traded at C$25.19, with a volume of 483,733 shares trading hands.

Analyst Ratings Changes

ELD has been the topic of several analyst reports. Cormark dropped their target price on Eldorado Gold from C$33.50 to C$30.00 in a report on Monday, February 10th. National Bankshares lifted their target price on shares of Eldorado Gold from C$25.00 to C$29.00 and gave the company an "outperform" rating in a report on Wednesday, March 19th. National Bank Financial raised shares of Eldorado Gold to a "strong-buy" rating in a report on Friday, March 21st. Finally, BMO Capital Markets cut their price objective on shares of Eldorado Gold from C$29.00 to C$27.00 in a report on Friday, February 7th.

Read Our Latest Report on ELD

Eldorado Gold Stock Down 7.7 %

The firm has a market cap of C$3.32 billion, a PE ratio of 11.98, a PEG ratio of 56.20 and a beta of 1.22. The business's 50 day moving average price is C$21.62 and its 200 day moving average price is C$22.50. The company has a debt-to-equity ratio of 23.28, a current ratio of 3.37 and a quick ratio of 2.28.

Insider Buying and Selling at Eldorado Gold

In other Eldorado Gold news, Senior Officer Mehmet Yilmaz sold 5,000 shares of the stock in a transaction dated Monday, March 24th. The shares were sold at an average price of C$22.32, for a total value of C$111,600.00. Also, Senior Officer Nicolae Stanca sold 4,235 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of C$13.92, for a total value of C$58,951.20. Insiders sold 40,924 shares of company stock valued at $811,687 over the last quarter. 0.58% of the stock is currently owned by insiders.

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Eldorado Gold Company Profile

(Get Free Report)

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.

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