Mehmet Yilmaz Sells 3,000 Shares of Eldorado Gold Co. (TSE:ELD) Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Senior Officer Mehmet Yilmaz sold 3,000 shares of the firm’s stock in a transaction on Thursday, March 20th. The shares were sold at an average price of C$22.85, for a total transaction of C$68,550.00.

Eldorado Gold Stock Performance

TSE ELD opened at C$22.40 on Friday. The business’s 50 day moving average price is C$21.15 and its 200-day moving average price is C$22.39. Eldorado Gold Co. has a fifty-two week low of C$17.82 and a fifty-two week high of C$26.32. The company has a market cap of C$3.23 billion, a P/E ratio of 11.66, a P/E/G ratio of 56.20 and a beta of 1.22. The company has a debt-to-equity ratio of 23.28, a quick ratio of 2.28 and a current ratio of 3.37.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. National Bankshares lifted their target price on Eldorado Gold from C$25.00 to C$29.00 and gave the stock an “outperform” rating in a report on Wednesday. Cormark decreased their price objective on Eldorado Gold from C$33.50 to C$30.00 in a report on Monday, February 10th. Stifel Nicolaus cut their target price on shares of Eldorado Gold from C$28.00 to C$27.00 in a report on Monday, November 25th. Finally, BMO Capital Markets decreased their price target on shares of Eldorado Gold from C$29.00 to C$27.00 in a research note on Friday, February 7th.

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.