Eldorado Gold Co. (TSE:ELD) Senior Officer Mehmet Yilmaz Sells 1,900 Shares

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Senior Officer Mehmet Yilmaz sold 1,900 shares of the firm’s stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of C$18.25, for a total transaction of C$34,675.00.

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

• On Friday, March 8th, Mehmet Yilmaz sold 10,000 shares of Eldorado Gold stock. The stock was sold at an average price of C$16.62, for a total transaction of C$166,225.00.

Eldorado Gold Stock Up 2.9 %

Shares of Eldorado Gold stock opened at C$18.97 on Thursday. The firm’s 50 day moving average price is C$16.30 and its 200-day moving average price is C$15.54. The company has a quick ratio of 2.28, a current ratio of 3.39 and a debt-to-equity ratio of 18.60. Eldorado Gold Co. has a 52-week low of C$11.38 and a 52-week high of C$19.06. The company has a market cap of C$3.85 billion, a P/E ratio of 25.99, a PEG ratio of 56.20 and a beta of 1.13.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last released its earnings results on Thursday, February 22nd. The company reported C$0.33 EPS for the quarter, topping analysts’ consensus estimates of C$0.28 by C$0.05. The company had revenue of C$417.85 million during the quarter. Eldorado Gold had a net margin of 10.37% and a return on equity of 3.15%. On average, sell-side analysts predict that Eldorado Gold Co. will post 0.9598263 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Stifel Canada downgraded shares of Eldorado Gold from a “buy” rating to a “hold” rating in a research note on Friday, January 26th. BMO Capital Markets raised their target price on shares of Eldorado Gold from C$17.00 to C$18.00 in a research report on Wednesday, December 13th. Stifel Nicolaus downgraded shares of Eldorado Gold from a “buy” rating to a “hold” rating and raised their target price for the company from C$15.50 to C$17.25 in a research report on Friday, January 26th. National Bankshares cut their target price on shares of Eldorado Gold from C$21.00 to C$19.00 and set an “outperform” rating on the stock in a research report on Monday, February 26th. Finally, National Bank Financial reaffirmed an “outperform spec overweight” rating on shares of Eldorado Gold in a research report on Wednesday, January 3rd. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, Eldorado Gold has an average rating of “Hold” and a consensus target price of C$18.06.

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.