Eldorado Gold Co. (TSE:ELD) Senior Officer Sells C$14,657.42 in Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Senior Officer Paul Anthony Ferneyhough sold 537 shares of the firm’s stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of C$27.30, for a total transaction of C$14,657.42.

Eldorado Gold Price Performance

Shares of TSE:ELD opened at C$27.21 on Friday. The company has a market capitalization of C$3.92 billion, a P/E ratio of 14.16, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22. The company’s 50-day moving average is C$24.35 and its 200 day moving average is C$22.88. The company has a debt-to-equity ratio of 23.28, a quick ratio of 2.28 and a current ratio of 3.37. Eldorado Gold Co. has a fifty-two week low of C$18.94 and a fifty-two week high of C$28.50.

Analysts Set New Price Targets

ELD has been the subject of several analyst reports. National Bank Financial raised Eldorado Gold to a “strong-buy” rating in a research note on Friday, March 21st. BMO Capital Markets dropped their price objective on Eldorado Gold from C$29.00 to C$27.00 in a research note on Friday, February 7th. Cormark reduced their target price on shares of Eldorado Gold from C$33.50 to C$30.00 in a research note on Monday, February 10th. Stifel Nicolaus raised their price target on shares of Eldorado Gold from C$25.00 to C$29.00 in a research report on Monday, April 21st. Finally, National Bankshares upped their price objective on shares of Eldorado Gold from C$25.00 to C$29.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 19th.

About Eldorado Gold

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.