Eldorado Gold Co. (TSE:ELD) Senior Officer Sells C$14,657.42 in Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Senior Officer Paul Anthony Ferneyhough sold 537 shares of the firm’s stock in a transaction that occurred on Tuesday, May 6th. The shares were sold at an average price of C$27.30, for a total value of C$14,657.42.

Eldorado Gold Stock Up 0.8 %

Eldorado Gold stock opened at C$27.43 on Friday. The firm has a 50 day moving average price of C$24.50 and a 200-day moving average price of C$22.91. The company has a quick ratio of 2.28, a current ratio of 3.37 and a debt-to-equity ratio of 23.28. Eldorado Gold Co. has a twelve month low of C$18.94 and a twelve month high of C$28.50. The company has a market capitalization of C$3.96 billion, a P/E ratio of 14.28, a P/E/G ratio of 56.20 and a beta of 1.22.

Wall Street Analyst Weigh In

Several brokerages have weighed in on ELD. BMO Capital Markets dropped their price objective on Eldorado Gold from C$29.00 to C$27.00 in a research note on Friday, February 7th. National Bank Financial raised shares of Eldorado Gold to a “strong-buy” rating in a research report on Friday, March 21st. Cormark reduced their price objective on shares of Eldorado Gold from C$33.50 to C$30.00 in a research report on Monday, February 10th. Stifel Nicolaus lifted their target price on shares of Eldorado Gold from C$25.00 to C$29.00 in a research report on Monday, April 21st. Finally, National Bankshares upped 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.

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.