Eldorado Gold Co. (TSE:ELD) Senior Officer Graham Magnus Morrison Sells 11,375 Shares of Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Senior Officer Graham Magnus Morrison sold 11,375 shares of the firm’s stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of C$19.99, for a total value of C$227,386.25.

Eldorado Gold Stock Up 3.0 %

Shares of TSE:ELD opened at C$20.59 on Thursday. Eldorado Gold Co. has a 1 year low of C$16.18 and a 1 year high of C$26.32. The business has a 50 day simple moving average of C$21.26 and a two-hundred day simple moving average of C$22.58. The firm has a market capitalization of C$2.97 billion, a PE ratio of 10.72, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22. The company has a debt-to-equity ratio of 23.28, a current ratio of 3.37 and a quick ratio of 2.28.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on ELD shares. Stifel Nicolaus cut their price objective on Eldorado Gold from C$28.00 to C$27.00 in a research report on Monday, November 25th. BMO Capital Markets dropped their price target on Eldorado Gold from C$29.00 to C$27.00 in a research report on Friday, February 7th. Cormark dropped their price target on Eldorado Gold from C$33.50 to C$30.00 in a research report on Monday, February 10th. Finally, National Bankshares dropped their price target on Eldorado Gold from C$28.00 to C$27.00 and set an “outperform” rating for the company in a research report on Wednesday, January 15th.

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.