Insider Selling: Eldorado Gold Co. (TSE:ELD) Senior Officer Sells 2,007 Shares of Stock

Eldorado Gold Co. (TSE:ELD - Get Free Report) NYSE: EGO Senior Officer Karen Christine Aram sold 2,007 shares of the business's stock in a transaction on Friday, August 23rd. The shares were sold at an average price of C$24.15, for a total transaction of C$48,473.47.

Eldorado Gold Price Performance

Shares of ELD stock traded up C$0.02 on Friday, reaching C$23.97. 242,000 shares of the company were exchanged, compared to its average volume of 359,557. Eldorado Gold Co. has a 1 year low of C$11.38 and a 1 year high of C$25.04. The company has a debt-to-equity ratio of 20.85, a quick ratio of 2.28 and a current ratio of 3.62. The business has a 50-day moving average price of C$22.14 and a 200 day moving average price of C$20.02. The company has a market cap of C$4.91 billion, a price-to-earnings ratio of 19.98, a P/E/G ratio of 56.20 and a beta of 1.21.

Eldorado Gold (TSE:ELD - Get Free Report) NYSE: EGO last posted its quarterly earnings data on Thursday, July 25th. The company reported C$0.45 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of C$406.56 million for the quarter. Equities research analysts forecast that Eldorado Gold Co. will post 1.8 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ELD has been the subject of a number of analyst reports. Canaccord Genuity Group boosted their price target on Eldorado Gold from C$23.00 to C$26.50 in a report on Tuesday, July 23rd. National Bankshares increased their price target on shares of Eldorado Gold from C$26.00 to C$27.00 in a report on Monday, July 29th. Royal Bank of Canada raised shares of Eldorado Gold from a "sector perform" rating to an "outperform" rating and lifted their price objective for the company from C$14.00 to C$20.00 in a report on Wednesday, May 29th. Cibc World Mkts raised shares of Eldorado Gold to a "strong-buy" rating in a research note on Wednesday, July 10th. Finally, BMO Capital Markets raised their target price on Eldorado Gold from C$21.00 to C$23.00 in a research report on Friday, April 26th. Three equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of C$22.54.

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.