Eldorado Gold (ELD) Scheduled to Post Earnings on Thursday

Eldorado Gold (TSE:ELD) (NYSE:EGO) will be releasing its earnings data after the market closes on Thursday, April 25th. Analysts expect Eldorado Gold to post earnings of C$0.20 per share for the quarter.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last released its quarterly earnings data 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 firm had revenue of C$417.85 million for the quarter. Eldorado Gold had a return on equity of 3.15% and a net margin of 10.37%.

Eldorado Gold Price Performance

Shares of ELD opened at C$20.60 on Thursday. The company has a debt-to-equity ratio of 18.60, a quick ratio of 2.28 and a current ratio of 3.39. The firm has a market cap of C$4.18 billion, a PE ratio of 28.22, a PEG ratio of 56.20 and a beta of 1.13. Eldorado Gold has a twelve month low of C$11.38 and a twelve month high of C$22.01. The firm’s 50 day moving average price is C$17.40 and its 200 day moving average price is C$16.31.

Insider Activity at Eldorado Gold

In related news, Senior Officer Peter Jonathan Lind sold 9,130 shares of the business’s stock in a transaction dated Monday, March 25th. The stock was sold at an average price of C$18.24, for a total transaction of C$166,531.20. In other Eldorado Gold news, Senior Officer Peter Jonathan Lind sold 9,130 shares of Eldorado Gold stock in a transaction on Monday, March 25th. The shares were sold at an average price of C$18.24, for a total transaction of C$166,531.20. Also, Senior Officer Mehmet Yilmaz sold 1,900 shares of the business’s stock in a transaction on Friday, March 22nd. The shares were sold at an average price of C$18.25, for a total transaction of C$34,675.00. Over the last 90 days, insiders sold 41,338 shares of company stock worth $684,168. Company insiders own 0.69% of the company’s stock.

Analysts Set New Price Targets

ELD has been the subject of a number of recent research reports. Stifel Canada cut shares of Eldorado Gold from a “buy” rating to a “hold” rating in a report on Friday, January 26th. Bank of America raised their price objective on Eldorado Gold from C$13.40 to C$16.80 in a research note on Tuesday, April 9th. National Bankshares decreased their target price on Eldorado Gold from C$21.00 to C$19.00 and set an “outperform” rating for the company in a research report on Monday, February 26th. National Bank Financial reissued an “outperform spec overweight” rating on shares of Eldorado Gold in a research report on Monday, April 8th. Finally, Stifel Nicolaus downgraded shares of Eldorado Gold from a “buy” rating to a “hold” rating and upped their price objective for the stock from C$15.50 to C$17.25 in a report on Friday, January 26th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of C$18.79.

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.