Peter Jonathan Lind Sells 9,130 Shares of Eldorado Gold Co. (TSE:ELD) Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Senior Officer Peter Jonathan Lind sold 9,130 shares of the company’s stock in a transaction dated Monday, March 25th. The shares were sold at an average price of C$18.24, for a total transaction of C$166,531.20.

Eldorado Gold Trading Up 0.4 %

Eldorado Gold stock opened at C$19.04 on Friday. The firm has a 50 day simple moving average of C$16.34 and a 200-day simple moving average of C$15.56. The company has a debt-to-equity ratio of 18.60, a current ratio of 3.39 and a quick ratio of 2.28. The stock has a market capitalization of C$3.87 billion, a PE ratio of 26.08, a price-to-earnings-growth ratio of 56.20 and a beta of 1.13. Eldorado Gold Co. has a 12-month low of C$11.38 and a 12-month high of C$19.20.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last posted its quarterly earnings data on Thursday, February 22nd. The company reported C$0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.28 by C$0.05. The business had revenue of C$417.85 million during the quarter. Eldorado Gold had a net margin of 10.37% and a return on equity of 3.15%. As a group, equities research analysts expect that Eldorado Gold Co. will post 0.9598263 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ELD has been the topic of several research reports. BMO Capital Markets increased their price objective on shares of Eldorado Gold from C$17.00 to C$18.00 in a research note on Wednesday, December 13th. National Bank Financial reiterated an “outperform spec overweight” rating on shares of Eldorado Gold in a research note on Wednesday, January 3rd. Stifel Nicolaus lowered shares of Eldorado Gold from a “buy” rating to a “hold” rating and increased their price objective for the stock from C$15.50 to C$17.25 in a research note on Friday, January 26th. Stifel Canada cut shares of Eldorado Gold from a “buy” rating to a “hold” rating in a research report on Friday, January 26th. Finally, National Bankshares decreased their target price on shares of Eldorado Gold from C$21.00 to C$19.00 and set an “outperform” rating for the company in a research report on Monday, February 26th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Eldorado Gold has an average rating of “Hold” and an average price target of C$18.06.

About Eldorado Gold

Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemçukuru mines located in Turkey; Lamaque complex located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located in Romania.