Eldorado Gold (TSE:ELD) Insider Acquires C$498,108.00 in Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) insider Christian Milau bought 12,400 shares of the business’s stock in a transaction on Tuesday, May 5th. The stock was bought at an average price of C$40.17 per share, with a total value of C$498,108.00. Following the transaction, the insider owned 43,273 shares in the company, valued at approximately C$1,738,276.41. This represents a 40.16% increase in their ownership of the stock.

Christian Milau also recently made the following trade(s):

• On Tuesday, February 24th, Christian Milau bought 3,500 shares of Eldorado Gold stock. The stock was bought at an average price of C$58.59 per share, with a total value of C$205,065.00.

Eldorado Gold Stock Up 3.2%

ELD stock opened at C$46.67 on Friday. Eldorado Gold Co. has a 12-month low of C$23.99 and a 12-month high of C$69.46. The company has a quick ratio of 2.28, a current ratio of 1.62 and a debt-to-equity ratio of 28.81. The company has a market cap of C$12.29 billion, a price-to-earnings ratio of 16.67, a PEG ratio of 56.20 and a beta of 1.62. The company has a 50 day moving average of C$49.26 and a two-hundred day moving average of C$49.09.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last released its earnings results on Thursday, April 30th. The company reported C$0.95 earnings per share (EPS) for the quarter. Eldorado Gold had a net margin of 28.71% and a return on equity of 13.69%. The company had revenue of C$740.23 million during the quarter. On average, equities analysts anticipate that Eldorado Gold Co. will post 2.1505174 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ELD has been the subject of a number of research analyst reports. ATB Cormark Capital Markets downgraded shares of Eldorado Gold from a “moderate buy” rating to a “hold” rating in a research report on Monday, May 4th. Royal Bank Of Canada downgraded shares of Eldorado Gold from a “moderate buy” rating to a “hold” rating and increased their target price for the stock from C$47.00 to C$48.00 in a research report on Tuesday, February 17th. Stifel Nicolaus raised their price target on shares of Eldorado Gold from C$48.00 to C$65.00 in a report on Tuesday, February 10th. Bank of America raised their price target on shares of Eldorado Gold from C$46.25 to C$52.00 in a report on Thursday, February 26th. Finally, BMO Capital Markets set a C$82.00 price target on shares of Eldorado Gold and gave the company an “outperform” rating in a report on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$63.50.

Eldorado Gold Company Profile

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.