Stephen David Walker Acquires 600 Shares of Eldorado Gold (TSE:ELD) Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Director Stephen David Walker acquired 600 shares of the stock in a transaction on Tuesday, May 12th. The stock was acquired at an average cost of C$48.40 per share, for a total transaction of C$29,040.00. Following the acquisition, the director directly owned 600 shares in the company, valued at C$29,040. This represents a ∞ increase in their position.

Stephen David Walker also recently made the following trade(s):

• On Tuesday, May 5th, Stephen David Walker acquired 1,000 shares of Eldorado Gold stock. The stock was acquired at an average cost of C$40.56 per share, for a total transaction of C$40,560.00.

Eldorado Gold Price Performance

Shares of ELD opened at C$48.70 on Thursday. Eldorado Gold Co. has a twelve month low of C$23.99 and a twelve month high of C$69.46. The stock’s 50 day moving average is C$48.08 and its two-hundred day moving average is C$49.38. The firm has a market capitalization of C$12.82 billion, a PE ratio of 17.39, a P/E/G ratio of 56.20 and a beta of 1.62. The company has a current ratio of 1.62, a quick ratio of 2.28 and a debt-to-equity ratio of 28.81.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last announced its quarterly earnings data on Thursday, April 30th. The company reported C$0.95 earnings per share for the quarter. Eldorado Gold had a return on equity of 13.69% and a net margin of 28.71%.The company had revenue of C$740.23 million for the quarter. Research analysts anticipate that Eldorado Gold Co. will post 2.1505174 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on ELD. Royal Bank Of Canada downgraded Eldorado Gold from a “moderate buy” rating to a “hold” rating and lifted their price objective for the stock from C$47.00 to C$48.00 in a research report on Tuesday, February 17th. Canadian Imperial Bank of Commerce downgraded Eldorado Gold from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. Stifel Nicolaus lifted their target price on shares of Eldorado Gold from C$48.00 to C$65.00 in a research note on Tuesday, February 10th. Bank of America lifted their target price on shares of Eldorado Gold from C$46.25 to C$52.00 in a research note on Thursday, February 26th. Finally, BMO Capital Markets set a C$82.00 target price on shares of Eldorado Gold and gave the stock an “outperform” rating in a research note on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$63.50.

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.