Eldorado Gold (TSE:ELD) Insider Sells C$92,642.82 in Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) insider Sylvain Lehoux sold 2,146 shares of Eldorado Gold stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of C$43.17, for a total transaction of C$92,642.82.

Sylvain Lehoux also recently made the following trade(s):

• On Thursday, May 7th, Sylvain Lehoux sold 5,899 shares of Eldorado Gold stock. The stock was sold at an average price of C$44.89, for a total value of C$264,806.11.
• On Wednesday, May 6th, Sylvain Lehoux sold 10,247 shares of Eldorado Gold stock. The stock was sold at an average price of C$43.17, for a total value of C$442,362.99.

Eldorado Gold Price Performance

TSE:ELD opened at C$48.70 on Thursday. Eldorado Gold Co. has a 52 week low of C$23.99 and a 52 week high of C$69.46. The stock’s fifty day moving average is C$48.08 and its two-hundred day moving average is C$49.38. The company has a market capitalization of C$12.82 billion, a P/E ratio of 17.39, a P/E/G ratio of 56.20 and a beta of 1.62. The company has a quick ratio of 2.28, a current ratio of 1.62 and a debt-to-equity ratio of 28.81.

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

Analysts Set New Price Targets

A number of brokerages have weighed in on ELD. TD dropped their price target on shares of Eldorado Gold from C$45.00 to C$40.00 and set a “hold” rating for the company in a research report on Tuesday, April 14th. Bank of America increased their price objective on shares of Eldorado Gold from C$46.25 to C$52.00 in a research report on Thursday, February 26th. Scotiabank upgraded shares of Eldorado Gold from a “hold” rating to a “strong-buy” rating in a report on Monday, January 26th. Canaccord Genuity Group lowered Eldorado Gold from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. Finally, Stifel Nicolaus upped their price target on Eldorado Gold from C$48.00 to C$65.00 in a research note on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Eldorado Gold currently has an average rating of “Moderate Buy” and a consensus price target of C$63.50.

About Eldorado Gold

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.