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$22.41 and traded as high as C$22.98. Eldorado Gold shares last traded at C$22.35, with a volume of 357,930 shares changing hands.
Analyst Ratings Changes
A number of brokerages have recently issued reports on ELD. Stifel Nicolaus lowered their price target on Eldorado Gold from C$28.00 to C$27.00 in a research note on Monday, November 25th. National Bankshares upped their target price on shares of Eldorado Gold from C$25.00 to C$29.00 and gave the stock an "outperform" rating in a report on Wednesday. BMO Capital Markets decreased their price target on shares of Eldorado Gold from C$29.00 to C$27.00 in a research note on Friday, February 7th. Finally, Cormark cut their price objective on shares of Eldorado Gold from C$33.50 to C$30.00 in a report on Monday, February 10th.
View Our Latest Report on Eldorado Gold
Eldorado Gold Price Performance
The company has a market cap of C$3.23 billion, a PE ratio of 11.66, a P/E/G ratio of 56.20 and a beta of 1.22. The company has a quick ratio of 2.28, a current ratio of 3.37 and a debt-to-equity ratio of 23.28. The stock has a 50-day simple moving average of C$21.15 and a 200 day simple moving average of C$22.40.
Insider Transactions at Eldorado Gold
In other news, Senior Officer Joseph Dennis Dick sold 9,275 shares of the firm's stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of C$20.22, for a total value of C$187,540.50. Also, Director George Raymond Burns sold 7,590 shares of the company's stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of C$19.61, for a total transaction of C$148,853.56. In the last three months, insiders have sold 35,924 shares of company stock worth $700,087. 0.58% of the stock is currently owned by insiders.
About Eldorado Gold
(
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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