Eldorado Gold (TSE:ELD – Free Report) (NYSE:EGO) had its target price upped by Stifel Nicolaus from C$25.00 to C$28.00 in a report released on Monday, BayStreet.CA reports.
Other equities analysts have also issued reports about the stock. Cibc World Mkts raised shares of Eldorado Gold to a “strong-buy” rating in a research note on Wednesday, July 10th. Canaccord Genuity Group upped their price objective on Eldorado Gold from C$23.00 to C$26.50 in a report on Tuesday, July 23rd. Finally, National Bankshares raised their target price on Eldorado Gold from C$26.00 to C$27.00 in a research note on Monday, July 29th. Three analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$23.76.
Get Our Latest Research Report on ELD
Eldorado Gold Price Performance
Eldorado Gold (TSE:ELD – Get Free Report) (NYSE:EGO) last released its quarterly earnings data on Thursday, July 25th. The company reported C$0.45 EPS for the quarter, beating analysts’ consensus estimates of C$0.36 by C$0.09. Eldorado Gold had a net margin of 15.68% and a return on equity of 4.99%. The company had revenue of C$406.56 million during the quarter. On average, equities analysts anticipate that Eldorado Gold will post 2.1505174 EPS for the current fiscal year.
Insider Buying and Selling at Eldorado Gold
In other Eldorado Gold news, Senior Officer Karen Christine Aram sold 2,007 shares of the 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 transaction of C$48,473.47. In other Eldorado Gold news, Senior Officer Mehmet Yilmaz sold 6,134 shares of the firm’s stock in a transaction on Thursday, September 5th. The stock was sold at an average price of C$22.27, for a total value of C$136,611.54. Also, Senior Officer Karen Christine Aram sold 2,007 shares of Eldorado Gold stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of C$24.15, for a total value of C$48,473.47. Insiders sold a total of 14,988 shares of company stock valued at $334,328 in the last three months. 0.58% of the stock is owned by corporate insiders.
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.
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