Eldorado Gold Co. (TSE:ELD – Get Free Report) (NYSE:EGO) has earned a consensus rating of “Moderate Buy” from the six research firms that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is C$22.54.
Several research firms have recently issued reports on ELD. National Bankshares raised their price target on Eldorado Gold from C$26.00 to C$27.00 in a research report on Monday, July 29th. Cibc World Mkts raised Eldorado Gold to a “strong-buy” rating in a research note on Wednesday, July 10th. Finally, Canaccord Genuity Group increased their price target on shares of Eldorado Gold from C$23.00 to C$26.50 in a research report on Tuesday, July 23rd.
Check Out Our Latest Stock Report on ELD
Eldorado Gold Stock Down 4.5 %
Eldorado Gold (TSE:ELD – Get Free Report) (NYSE:EGO) last announced its earnings results on Thursday, July 25th. The company reported C$0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.36 by C$0.09. The company had revenue of C$406.56 million for the quarter. Eldorado Gold had a net margin of 15.68% and a return on equity of 4.99%. On average, research analysts expect that Eldorado Gold will post 2.1566697 earnings per share for the current fiscal year.
Insider Activity at Eldorado Gold
In related news, Senior Officer Ryan Swedburg sold 3,553 shares of the firm’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of C$23.43, for a total transaction of C$83,234.71. In related news, Senior Officer Ryan Swedburg sold 3,553 shares of Eldorado Gold stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of C$23.43, for a total value of C$83,234.71. Also, Senior Officer Karen Christine Aram sold 2,007 shares of the business’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of C$24.15, for a total value of C$48,473.47. In the last three months, insiders sold 14,988 shares of company stock worth $334,328. 0.58% of the stock is owned by company insiders.
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.
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