Eldorado Gold Co. (TSE:ELD) Senior Officer Karen Christine Aram Sells 7,542 Shares

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Senior Officer Karen Christine Aram sold 7,542 shares of the stock in a transaction dated Thursday, May 2nd. The stock was sold at an average price of C$20.24, for a total value of C$152,640.28.

Eldorado Gold Stock Performance

Shares of TSE:ELD opened at C$19.59 on Friday. The company has a market cap of C$3.98 billion, a P/E ratio of 26.84, a PEG ratio of 56.20 and a beta of 1.13. The company has a debt-to-equity ratio of 18.60, a quick ratio of 2.28 and a current ratio of 3.39. Eldorado Gold Co. has a one year low of C$11.38 and a one year high of C$22.01. The business’s 50-day simple moving average is C$18.58 and its 200 day simple moving average is C$16.93.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last announced its earnings results on Thursday, February 22nd. The company reported C$0.33 EPS for the quarter, beating the consensus estimate of C$0.28 by C$0.05. The business had revenue of C$417.85 million for the quarter. Eldorado Gold had a return on equity of 3.15% and a net margin of 10.37%. On average, sell-side analysts forecast that Eldorado Gold Co. will post 0.9818008 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Stifel Canada downgraded Eldorado Gold from a “buy” rating to a “hold” rating in a research report on Friday, January 26th. National Bank Financial restated an “outperform spec overweight” rating on shares of Eldorado Gold in a report on Monday, April 8th. National Bankshares cut their price objective on Eldorado Gold from C$21.00 to C$19.00 and set an “outperform” rating on the stock in a report on Monday, February 26th. BMO Capital Markets raised their price objective on Eldorado Gold from C$21.00 to C$23.00 in a report on Friday, April 26th. Finally, Stifel Nicolaus raised their price objective on Eldorado Gold from C$17.25 to C$19.50 in a report on Friday, April 19th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of C$20.69.

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.