Eldorado Gold Co. (TSE:ELD) Senior Officer Christos Balaskas Sells 6,518 Shares

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Senior Officer Christos Balaskas sold 6,518 shares of the business’s stock in a transaction on Sunday, June 23rd. The shares were sold at an average price of C$20.60, for a total value of C$134,270.80.

Christos Balaskas also recently made the following trade(s):

• On Thursday, May 9th, Christos Balaskas sold 5,858 shares of Eldorado Gold stock. The shares were sold at an average price of C$20.99, for a total transaction of C$122,978.75.
• On Tuesday, May 7th, Christos Balaskas sold 3,186 shares of Eldorado Gold stock. The stock was sold at an average price of C$20.29, for a total transaction of C$64,633.74.

Eldorado Gold Price Performance

Shares of TSE ELD opened at C$20.24 on Thursday. The stock’s 50-day simple moving average is C$20.81 and its 200-day simple moving average is C$18.41. The firm has a market capitalization of C$4.13 billion, a PE ratio of 24.39, a price-to-earnings-growth ratio of 56.20 and a beta of 1.23. Eldorado Gold Co. has a fifty-two week low of C$11.38 and a fifty-two week high of C$22.59. The company has a debt-to-equity ratio of 18.65, a quick ratio of 2.28 and a current ratio of 3.50.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last announced its quarterly earnings results on Thursday, April 25th. The company reported C$0.36 EPS for the quarter, beating the consensus estimate of C$0.21 by C$0.15. The company had revenue of C$347.78 million for the quarter. Eldorado Gold had a net margin of 11.45% and a return on equity of 3.56%. As a group, equities research analysts forecast that Eldorado Gold Co. will post 1.4664843 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on ELD. National Bank Financial reaffirmed an “outperform spec overweight” rating on shares of Eldorado Gold in a research report on Monday, April 8th. Stifel Nicolaus upped their price target on Eldorado Gold from C$17.25 to C$19.50 in a report on Friday, April 19th. BMO Capital Markets lifted their price objective on Eldorado Gold from C$21.00 to C$23.00 in a research note on Friday, April 26th. Royal Bank of Canada upgraded shares of Eldorado Gold from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from C$14.00 to C$20.00 in a research note on Wednesday, May 29th. Finally, Bank of America lifted their price target on shares of Eldorado Gold from C$13.40 to C$16.80 in a research note on Tuesday, April 9th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of C$21.48.

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.