Eldorado Gold (TSE:ELD) Insider Sells C$222,100.00 in Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) insider Mehmet Yilmaz sold 5,000 shares of the stock in a transaction on Friday, June 26th. The shares were sold at an average price of C$44.42, for a total value of C$222,100.00. Following the completion of the sale, the insider owned 27,543 shares of the company’s stock, valued at C$1,223,460.06. The trade was a 15.36% decrease in their ownership of the stock.

Mehmet Yilmaz also recently made the following trade(s):

• On Thursday, June 18th, Mehmet Yilmaz bought 2 shares of Eldorado Gold stock. The shares were bought at an average cost of C$47.27 per share, with a total value of C$94.54.

Eldorado Gold Stock Up 8.1%

Shares of ELD opened at C$47.72 on Friday. The stock’s 50-day moving average price is C$44.27 and its two-hundred day moving average price is C$50.44. Eldorado Gold Co. has a 12 month low of C$26.87 and a 12 month high of C$69.46. The company has a market capitalization of C$12.43 billion, a PE ratio of 17.04, a PEG ratio of 56.20 and a beta of 1.37. The company has a current ratio of 1.62, a quick ratio of 2.27 and a debt-to-equity ratio of 28.81.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last issued its quarterly earnings results on Thursday, April 30th. The company reported C$1.32 earnings per share for the quarter. The company had revenue of C$740.23 million during the quarter. Eldorado Gold had a return on equity of 13.69% and a net margin of 28.71%. On average, analysts anticipate that Eldorado Gold Co. will post 2.1505174 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on ELD. TD dropped their price target on shares of Eldorado Gold from C$45.00 to C$40.00 and set a “hold” rating on the stock in a research report on Tuesday, April 14th. National Bank Financial increased their price objective on shares of Eldorado Gold from C$63.00 to C$70.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 15th. ATB Cormark Capital Markets downgraded shares of Eldorado Gold from a “moderate buy” rating to a “hold” rating in a research note on Monday, May 4th. Finally, BMO Capital Markets set a C$82.00 target price on shares of Eldorado Gold and gave the company an “outperform” rating in a report on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$63.50.

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.