Eldorado Gold (TSE:ELD) Insider Christine Tamiko Ohta Sells 5,438 Shares of Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) insider Christine Tamiko Ohta sold 5,438 shares of the business’s stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of C$32.56, for a total value of C$177,061.28. Following the completion of the sale, the insider directly owned 6,408 shares in the company, valued at approximately C$208,644.48. The trade was a 45.91% decrease in their position.

Eldorado Gold Stock Down 0.2%

Shares of TSE ELD opened at C$36.31 on Wednesday. The firm has a market cap of C$7.38 billion, a price-to-earnings ratio of 18.25, a PEG ratio of 56.20 and a beta of 0.82. 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 52-week low of C$18.94 and a 52-week high of C$36.94. The business’s 50 day moving average is C$30.59 and its two-hundred day moving average is C$27.21.

Analysts Set New Price Targets

A number of brokerages have issued reports on ELD. National Bankshares boosted their target price on Eldorado Gold from C$38.00 to C$41.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. Bank of America boosted their price target on shares of Eldorado Gold from C$28.50 to C$33.50 in a research note on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Strong Buy” and an average target price of C$32.10.

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.