Karen Christine Aram Sells 7,542 Shares of Eldorado Gold Co. (TSE:ELD) Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Senior Officer Karen Christine Aram sold 7,542 shares of the firm’s stock in a transaction that occurred on Thursday, May 2nd. The stock was sold at an average price of C$20.24, for a total transaction of C$152,640.28.

Eldorado Gold Stock Performance

Eldorado Gold stock opened at C$19.59 on Monday. The company has a debt-to-equity ratio of 18.60, a current ratio of 3.39 and a quick ratio of 2.28. Eldorado Gold Co. has a 12 month low of C$11.38 and a 12 month high of C$22.01. The company has a market cap of C$3.98 billion, a price-to-earnings ratio of 26.84, a price-to-earnings-growth ratio of 56.20 and a beta of 1.13. The stock’s 50-day moving average is C$18.58 and its 200-day moving average is C$16.95.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last posted its quarterly earnings results on Thursday, February 22nd. The company reported C$0.33 EPS for the quarter, beating 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 firm had revenue of C$417.85 million for the quarter. Equities analysts anticipate that Eldorado Gold Co. will post 0.9818008 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on ELD shares. Stifel Nicolaus increased their price target on Eldorado Gold from C$17.25 to C$19.50 in a research note on Friday, April 19th. Stifel Canada downgraded Eldorado Gold from a “buy” rating to a “hold” rating in a research report on Friday, January 26th. Canaccord Genuity Group lifted their price target on Eldorado Gold from C$19.00 to C$23.00 in a report on Tuesday, April 23rd. National Bankshares cut their price objective on shares of Eldorado Gold from C$21.00 to C$19.00 and set an “outperform” rating on the stock in a report on Monday, February 26th. Finally, BMO Capital Markets raised their target price on shares of Eldorado Gold from C$21.00 to C$23.00 in a research report on Friday, April 26th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of C$20.69.

Eldorado Gold Company Profile

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.