Insider Selling: Eldorado Gold Co. (TSE:ELD) Senior Officer Sells 2,000 Shares of Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Senior Officer Frank Hamilton Herbert sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of C$27.64, for a total value of C$55,280.00.

Eldorado Gold Stock Down 1.6 %

Eldorado Gold stock opened at C$27.21 on Friday. Eldorado Gold Co. has a fifty-two week low of C$18.94 and a fifty-two week high of C$28.50. The firm’s 50-day simple moving average is C$24.35 and its 200 day simple moving average is C$22.88. The company has a debt-to-equity ratio of 23.28, a quick ratio of 2.28 and a current ratio of 3.37. The stock has a market cap of C$3.92 billion, a PE ratio of 14.16, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on ELD. Stifel Nicolaus lifted their price target on shares of Eldorado Gold from C$25.00 to C$29.00 in a research report on Monday, April 21st. National Bankshares boosted their target price on shares of Eldorado Gold from C$25.00 to C$29.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 19th. Cormark lowered their target price on shares of Eldorado Gold from C$33.50 to C$30.00 in a report on Monday, February 10th. National Bank Financial upgraded Eldorado Gold to a “strong-buy” rating in a research note on Friday, March 21st. Finally, BMO Capital Markets lowered their price objective on Eldorado Gold from C$29.00 to C$27.00 in a research note on Friday, February 7th.

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.