Eldorado Gold Co. (TSE:ELD) Senior Officer Peter Jonathan Lind Sells 9,130 Shares

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Senior Officer Peter Jonathan Lind sold 9,130 shares of the business’s stock in a transaction dated Monday, March 25th. The stock was sold at an average price of C$18.24, for a total value of C$166,531.20.

Eldorado Gold Trading Up 2.9 %

Shares of TSE ELD opened at C$18.97 on Thursday. The stock has a market cap of C$3.85 billion, a price-to-earnings ratio of 25.99, a PEG ratio of 56.20 and a beta of 1.13. The business has a 50 day simple moving average of C$16.30 and a 200 day simple moving average of C$15.54. Eldorado Gold Co. has a 52 week low of C$11.38 and a 52 week high of C$19.06. 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 (TSE:ELD) (NYSE:EGO) last announced its earnings results on Thursday, February 22nd. The company reported C$0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%. On average, research analysts predict that Eldorado Gold Co. will post 0.9598263 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ELD has been the topic of a number of research reports. BMO Capital Markets upped their target price on Eldorado Gold from C$17.00 to C$18.00 in a report on Wednesday, December 13th. National Bank Financial reiterated an “outperform spec overweight” rating on shares of Eldorado Gold in a report on Wednesday, January 3rd. Stifel Nicolaus downgraded Eldorado Gold from a “buy” rating to a “hold” rating and upped their target price for the company from C$15.50 to C$17.25 in a report on Friday, January 26th. National Bankshares dropped their target price 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. Finally, Cormark dropped their target price on Eldorado Gold from C$26.00 to C$25.00 in a report on Monday, February 26th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of C$18.06.

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.