Eldorado Gold (TSE:ELD) Price Target Raised to C$29.00

Eldorado Gold (TSE:ELD) (NYSE:EGO) had its price target upped by National Bankshares from C$25.00 to C$29.00 in a research note published on Wednesday,BayStreet.CA reports. They currently have an outperform rating on the stock.

ELD has been the topic of several other research reports. BMO Capital Markets decreased their price target on Eldorado Gold from C$29.00 to C$27.00 in a research note on Friday, February 7th. Cormark decreased their price target on Eldorado Gold from C$33.50 to C$30.00 in a research note on Monday, February 10th. Finally, Stifel Nicolaus decreased their price target on Eldorado Gold from C$28.00 to C$27.00 in a research note on Monday, November 25th.

Eldorado Gold Stock Performance

Shares of Eldorado Gold stock opened at C$22.40 on Wednesday. Eldorado Gold has a 52 week low of C$17.82 and a 52 week high of C$26.32. The business’s fifty day simple moving average is C$21.15 and its 200-day simple moving average is C$22.40. The firm has a market cap of C$3.23 billion, a PE ratio of 11.66, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22. The company has a quick ratio of 2.28, a current ratio of 3.37 and a debt-to-equity ratio of 23.28.

Insider Buying and Selling

In other Eldorado Gold news, Senior Officer Mehmet Yilmaz sold 3,000 shares of the company’s stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of C$22.85, for a total transaction of C$68,550.00. Also, Senior Officer Joseph Dennis Dick sold 9,275 shares of the company’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of C$20.22, for a total value of C$187,540.50. In the last 90 days, insiders have sold 35,924 shares of company stock valued at $700,087. Corporate insiders own 0.58% of the company’s stock.

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.