Eldorado Gold (ELD) Set to Announce Earnings on Thursday

Eldorado Gold (TSE:ELD - Get Free Report) NYSE: EGO is set to issue its quarterly earnings data after the market closes on Thursday, October 31st. Analysts expect the company to announce earnings of C$0.50 per share for the quarter.

Eldorado Gold (TSE:ELD - Get Free Report) NYSE: EGO last issued its quarterly earnings data on Thursday, July 25th. The company reported C$0.45 earnings per share for the quarter, topping analysts' consensus estimates of C$0.36 by C$0.09. Eldorado Gold had a return on equity of 4.99% and a net margin of 15.68%. The firm had revenue of C$406.56 million for the quarter.

Eldorado Gold Trading Down 0.8 %

Shares of TSE ELD traded down C$0.21 during midday trading on Thursday, hitting C$24.92. 423,309 shares of the company traded hands, compared to its average volume of 359,617. Eldorado Gold has a 12-month low of C$13.10 and a 12-month high of C$26.32. The firm has a market cap of C$5.10 billion, a P/E ratio of 20.94, a P/E/G ratio of 56.20 and a beta of 1.22. The stock has a 50-day moving average price of C$23.73 and a 200 day moving average price of C$22.09. The company has a debt-to-equity ratio of 20.85, a quick ratio of 2.28 and a current ratio of 3.62.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. National Bankshares lifted their price target on Eldorado Gold from C$26.00 to C$27.00 in a research report on Monday, July 29th. Canaccord Genuity Group upped their target price on shares of Eldorado Gold from C$23.00 to C$26.50 in a research note on Tuesday, July 23rd. Stifel Nicolaus raised their price target on shares of Eldorado Gold from C$25.00 to C$28.00 in a research report on Monday. Finally, Cibc World Mkts upgraded shares of Eldorado Gold to a "strong-buy" rating in a report on Wednesday, July 10th. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Eldorado Gold presently has a consensus rating of "Moderate Buy" and a consensus target price of C$23.76.

Insider Activity at Eldorado Gold

In other Eldorado Gold news, Senior Officer Ryan Swedburg sold 3,553 shares of the business's stock in a transaction on Thursday, September 12th. The shares were sold at an average price of C$23.43, for a total transaction of C$83,234.71. In other Eldorado Gold news, Senior Officer Ryan Swedburg sold 3,553 shares of the business's stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of C$23.43, for a total transaction of C$83,234.71. Also, Senior Officer Mehmet Yilmaz sold 6,134 shares of the company's stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of C$22.27, for a total transaction of C$136,611.54. Insiders have sold a total of 14,988 shares of company stock worth $334,328 over the last quarter. Company insiders own 0.58% of the company's stock.

Eldorado Gold Company Profile

Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemçukuru mines located in Turkey; Lamaque complex located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located in Romania.