George Raymond Burns Sells 12,820 Shares of Eldorado Gold Co. (TSE:ELD) Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Director George Raymond Burns sold 12,820 shares of the company’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of C$19.64, for a total transaction of C$251,733.52.

George Raymond Burns also recently made the following trade(s):

• On Tuesday, March 5th, George Raymond Burns sold 13,434 shares of Eldorado Gold stock. The stock was sold at an average price of C$14.87, for a total transaction of C$199,806.57.

Eldorado Gold Stock Performance

ELD opened at C$20.64 on Friday. Eldorado Gold Co. has a 52-week low of C$11.38 and a 52-week high of C$22.01. The company has a quick ratio of 2.28, a current ratio of 3.39 and a debt-to-equity ratio of 18.60. The company has a market cap of C$4.19 billion, a P/E ratio of 28.27, a price-to-earnings-growth ratio of 56.20 and a beta of 1.13. The firm’s 50-day moving average price is C$19.09 and its 200-day moving average price is C$17.12.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last issued its quarterly earnings results on Thursday, February 22nd. The company reported C$0.33 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of C$417.85 million for the quarter. As a group, equities analysts anticipate that Eldorado Gold Co. will post 0.9818008 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

ELD has been the subject of a number of recent research reports. National Bankshares reduced 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 report on Monday, February 26th. Stifel Nicolaus boosted their target price on shares of Eldorado Gold from C$17.25 to C$19.50 in a report on Friday, April 19th. Bank of America upped their price objective on shares of Eldorado Gold from C$13.40 to C$16.80 in a report on Tuesday, April 9th. Canaccord Genuity Group upped their price objective on shares of Eldorado Gold from C$19.00 to C$23.00 in a report on Tuesday, April 23rd. Finally, BMO Capital Markets upped their price objective on shares of Eldorado Gold from C$21.00 to C$23.00 in a report on Friday, April 26th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, Eldorado Gold currently has a consensus rating of “Hold” and a consensus target price of C$20.69.

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.