Eldorado Gold (TSE:ELD - Free Report) NYSE: EGO had its price objective lifted by National Bankshares from C$25.00 to C$29.00 in a report issued on Wednesday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.
A number of other equities analysts also recently weighed in on the company. Cormark dropped their target price on Eldorado Gold from C$33.50 to C$30.00 in a report on Monday, February 10th. Stifel Nicolaus dropped their price objective on shares of Eldorado Gold from C$28.00 to C$27.00 in a research note on Monday, November 25th. Finally, BMO Capital Markets decreased their target price on shares of Eldorado Gold from C$29.00 to C$27.00 in a research note on Friday, February 7th.
Read Our Latest Stock Report on Eldorado Gold
Eldorado Gold Stock Down 1.8 %
TSE:ELD traded down C$0.42 during trading hours on Wednesday, hitting C$22.40. 707,672 shares of the stock traded hands, compared to its average volume of 430,255. The firm has a 50 day moving average price of C$21.15 and a 200 day moving average price of C$22.39. The firm has a market cap of C$3.23 billion, a price-to-earnings ratio of 11.66, a PEG ratio of 56.20 and a beta of 1.22. Eldorado Gold has a fifty-two week low of C$17.82 and a fifty-two week high of C$26.32. The company has a current ratio of 3.37, a quick ratio of 2.28 and a debt-to-equity ratio of 23.28.
Insiders Place Their Bets
In related news, Senior Officer Mehmet Yilmaz sold 3,000 shares of the firm's stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of C$22.85, for a total value of C$68,550.00. 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 35,924 shares of company stock valued at $700,087 over the last ninety days. Corporate insiders own 0.58% of the company's stock.
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.
See Also
Before you consider Eldorado Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Eldorado Gold wasn't on the list.
While Eldorado Gold currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Like this article? Share it with a colleague.
Link copied to clipboard.
