Eldorado Gold (TSE:ELD – Free Report) (NYSE:EGO) had its target price upped by National Bankshares from C$26.00 to C$27.00 in a research report report published on Monday morning, BayStreet.CA reports.
Several other equities analysts also recently commented on the company. Canaccord Genuity Group upped their target price on Eldorado Gold from C$23.00 to C$26.50 in a research report on Tuesday, July 23rd. Royal Bank of Canada raised shares of Eldorado Gold from a sector perform rating to an outperform rating and raised their target price for the stock from C$14.00 to C$20.00 in a report on Wednesday, May 29th. National Bank Financial reissued an outperform spec overweight rating on shares of Eldorado Gold in a report on Monday, April 8th. Bank of America increased their price objective on shares of Eldorado Gold from C$13.40 to C$16.80 in a research note on Tuesday, April 9th. Finally, Cibc World Mkts raised Eldorado Gold to a strong-buy rating in a report on Wednesday, July 10th. Three analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of Moderate Buy and a consensus price target of C$22.54.
Get Our Latest Research Report on Eldorado Gold
Eldorado Gold Price Performance
Insider Buying and Selling
In other Eldorado Gold news, Senior Officer Christos Balaskas sold 6,518 shares of the stock in a transaction that occurred on Sunday, June 23rd. The stock was sold at an average price of C$20.60, for a total value of C$134,270.80. In other news, Senior Officer Christos Balaskas sold 6,518 shares of the company’s stock in a transaction that occurred on Sunday, June 23rd. The shares were sold at an average price of C$20.60, for a total value of C$134,270.80. Also, Director George Raymond Burns sold 199,010 shares of Eldorado Gold stock in a transaction on Thursday, May 16th. The stock was sold at an average price of C$20.60, for a total value of C$4,100,183.13. Insiders have sold a total of 283,930 shares of company stock worth $5,652,895 in the last ninety days. 0.70% of the stock is owned by insiders.
Eldorado Gold Company Profile
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.
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