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

Eldorado Gold (TSE:ELD) (NYSE:EGO) had its price target boosted by Stifel Nicolaus from C$25.00 to C$29.00 in a research report released on Monday morning,BayStreet.CA reports.

Other equities research analysts also recently issued reports about the company. National Bankshares raised their target price on Eldorado Gold from C$25.00 to C$29.00 and gave the company an “outperform” rating in a report on Wednesday, March 19th. National Bank Financial upgraded shares of Eldorado Gold to a “strong-buy” rating in a research note on Friday, March 21st. BMO Capital Markets lowered their price target on shares of Eldorado Gold from C$29.00 to C$27.00 in a report on Friday, February 7th. Finally, Cormark lowered their target price on Eldorado Gold from C$33.50 to C$30.00 in a research note on Monday, February 10th.

Eldorado Gold Stock Down 1.8 %

Shares of Eldorado Gold stock opened at C$26.47 on Monday. The company has a fifty day moving average price of C$22.93 and a 200 day moving average price of C$22.68. The company has a current ratio of 3.37, a quick ratio of 2.28 and a debt-to-equity ratio of 23.28. Eldorado Gold has a twelve month low of C$18.94 and a twelve month high of C$28.50. The stock has a market cap of C$3.82 billion, a price-to-earnings ratio of 13.78, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22.

Insider Transactions at Eldorado Gold

In other Eldorado Gold news, Senior Officer Nicolae Stanca sold 4,235 shares of Eldorado Gold stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of C$13.92, for a total value of C$58,951.20. Also, Senior Officer Mehmet Yilmaz sold 5,000 shares of Eldorado Gold stock in a transaction dated Monday, March 24th. The shares were sold at an average price of C$22.32, for a total transaction of C$111,600.00. In the last 90 days, insiders sold 40,924 shares of company stock valued at $811,687. Insiders own 0.58% of the company’s stock.

Eldorado Gold Company Profile

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.