Shares of Eldorado Gold Co. (TSE:ELD - Get Free Report) NYSE: EGO passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$22.47 and traded as high as C$24.53. Eldorado Gold shares last traded at C$24.12, with a volume of 626,544 shares traded.
Analysts Set New Price Targets
ELD has been the topic of a number of research analyst reports. National Bank Financial raised shares of Eldorado Gold to a "strong-buy" rating in a report on Friday, March 21st. Cormark reduced their price objective on Eldorado Gold from C$33.50 to C$30.00 in a research report on Monday, February 10th. National Bankshares upped their target price on Eldorado Gold from C$25.00 to C$29.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 19th. Finally, BMO Capital Markets lowered 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 Stock Report on ELD
Eldorado Gold Stock Performance
The company has a debt-to-equity ratio of 23.28, a current ratio of 3.37 and a quick ratio of 2.28. The business has a 50 day moving average price of C$21.98 and a two-hundred day moving average price of C$22.53. The stock has a market cap of C$3.87 billion, a PE ratio of 13.96, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22.
Insiders Place Their Bets
In related news, Senior Officer Mehmet Yilmaz sold 5,000 shares of Eldorado Gold stock in a transaction on 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, Director George Raymond Burns sold 7,590 shares of Eldorado Gold stock in a transaction dated Friday, February 28th. The shares were sold at an average price of C$19.61, for a total transaction of C$148,853.56. Insiders have sold a total of 40,924 shares of company stock valued at $811,687 in the last quarter. Insiders own 0.58% of the company's stock.
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.
Further Reading
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