Eldorado Gold (TSE:ELD – Free Report) (NYSE:EGO) had its target price increased by BMO Capital Markets from C$21.00 to C$23.00 in a research note released on Friday morning, BayStreet.CA reports.
ELD has been the subject of several other reports. Canaccord Genuity Group boosted their target price on shares of Eldorado Gold from C$19.00 to C$23.00 in a research report on Tuesday, April 23rd. Stifel Canada lowered shares of Eldorado Gold from a buy rating to a hold rating in a research report on Friday, January 26th. National Bankshares cut 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. National Bank Financial restated an outperform spec overweight rating on shares of Eldorado Gold in a research report on Monday, April 8th. Finally, Cormark cut their target price on shares of Eldorado Gold from C$26.00 to C$25.00 in a research report on Monday, February 26th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Eldorado Gold has an average rating of Hold and an average target price of C$20.69.
Check Out Our Latest Stock Analysis on ELD
Eldorado Gold Stock Performance
Eldorado Gold (TSE:ELD – Get Free Report) (NYSE:EGO) last announced its quarterly earnings results on Thursday, February 22nd. The company reported C$0.33 EPS for the quarter, topping analysts’ consensus estimates of C$0.28 by C$0.05. Eldorado Gold had a net margin of 10.37% and a return on equity of 3.15%. The firm had revenue of C$417.85 million during the quarter. As a group, equities research analysts expect that Eldorado Gold will post 0.9818008 earnings per share for the current year.
Insider Transactions at Eldorado Gold
In other news, Senior Officer Mehmet Yilmaz sold 1,900 shares of the business’s stock in a transaction on Friday, March 22nd. The shares were sold at an average price of C$18.25, for a total value of C$34,675.00. In other news, Senior Officer Mehmet Yilmaz sold 1,900 shares of the business’s stock in a transaction on Friday, March 22nd. The shares were sold at an average price of C$18.25, for a total value of C$34,675.00. Also, Director George Raymond Burns sold 13,434 shares of the business’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of C$14.87, for a total transaction of C$199,806.57. Over the last quarter, insiders have sold 41,338 shares of company stock valued at $684,168. 0.69% of the stock is currently owned by corporate insiders.
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.
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