Eldorado Gold (ELD) to Release Earnings on Thursday

Eldorado Gold (TSE:ELD) (NYSE:EGO) will announce its earnings results after the market closes on Thursday, April 25th. Analysts expect the company to announce earnings of C$0.20 per share for the quarter.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last issued its earnings results on Thursday, February 22nd. The company reported C$0.33 EPS for the quarter, topping the consensus estimate of C$0.28 by C$0.05. The firm had revenue of C$417.85 million during the quarter. Eldorado Gold had a return on equity of 3.15% and a net margin of 10.37%.

Eldorado Gold Stock Down 1.1 %

ELD stock opened at C$20.60 on Thursday. The stock has a market capitalization of C$4.18 billion, a P/E ratio of 28.22, a price-to-earnings-growth ratio of 56.20 and a beta of 1.13. The company has a current ratio of 3.39, a quick ratio of 2.28 and a debt-to-equity ratio of 18.60. The firm has a 50-day moving average price of C$17.40 and a 200-day moving average price of C$16.31. Eldorado Gold has a 12 month low of C$11.38 and a 12 month high of C$22.01.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Stifel Canada lowered shares of Eldorado Gold from a “buy” rating to a “hold” rating in a research report on Friday, January 26th. Bank of America raised their price objective on Eldorado Gold from C$13.40 to C$16.80 in a report on Tuesday, April 9th. Stifel Nicolaus cut Eldorado Gold from a “buy” rating to a “hold” rating and upped their target price for the stock from C$15.50 to C$17.25 in a report on Friday, January 26th. National Bank Financial reiterated an “outperform spec overweight” rating on shares of Eldorado Gold in a report on Monday, April 8th. Finally, National Bankshares cut their target price on shares of Eldorado Gold from C$21.00 to C$19.00 and set an “outperform” rating on the stock in a research report on Monday, February 26th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of C$18.79.

Insider Buying and Selling

In other news, Senior Officer Sylvain Lehoux sold 5,433 shares of the stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of C$17.58, for a total transaction of C$95,498.01. In other Eldorado Gold news, Senior Officer Sylvain Lehoux sold 5,433 shares of Eldorado Gold stock in a transaction that occurred on Tuesday, March 19th. The stock was sold at an average price of C$17.58, for a total value of C$95,498.01. Also, Senior Officer Peter Jonathan Lind sold 9,130 shares of the firm’s stock in a transaction that occurred on Monday, March 25th. The stock was sold at an average price of C$18.24, for a total transaction of C$166,531.20. Insiders have sold a total of 41,338 shares of company stock valued at $684,168 over the last ninety days. 0.69% of the stock is owned by company insiders.

About Eldorado Gold

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.