Eldorado Gold (TSE:ELD) Director Sally Louise Eyre Purchases 1,240 Shares

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Director Sally Louise Eyre bought 1,240 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were purchased at an average price of C$40.33 per share, with a total value of C$50,009.20. Following the completion of the acquisition, the director owned 1,240 shares of the company’s stock, valued at C$50,009.20. This trade represents a ∞ increase in their position.

Eldorado Gold Stock Performance

Eldorado Gold stock opened at C$43.13 on Thursday. The company has a current ratio of 1.62, a quick ratio of 2.28 and a debt-to-equity ratio of 28.81. The firm has a 50-day moving average of C$49.54 and a 200-day moving average of C$49.05. The firm has a market cap of C$11.36 billion, a P/E ratio of 15.40, a P/E/G ratio of 56.20 and a beta of 1.62. Eldorado Gold Co. has a 1-year low of C$23.99 and a 1-year high of C$69.46.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last posted its earnings results on Thursday, April 30th. The company reported C$0.95 earnings per share for the quarter. Eldorado Gold had a net margin of 28.71% and a return on equity of 13.69%. The company had revenue of C$740.23 million during the quarter. Sell-side analysts expect that Eldorado Gold Co. will post 2.1505174 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have commented on ELD shares. Royal Bank Of Canada lowered shares of Eldorado Gold from a “moderate buy” rating to a “hold” rating and raised their price objective for the stock from C$47.00 to C$48.00 in a report on Tuesday, February 17th. Bank of America raised their price objective on shares of Eldorado Gold from C$46.25 to C$52.00 in a report on Thursday, February 26th. Canadian Imperial Bank of Commerce lowered shares of Eldorado Gold from a “strong-buy” rating to a “hold” rating in a report on Friday, February 20th. TD lowered their price objective on shares of Eldorado Gold from C$45.00 to C$40.00 and set a “hold” rating for the company in a report on Tuesday, April 14th. Finally, National Bank Financial raised 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 report on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of C$63.50.

Eldorado Gold News Roundup

Here are the key news stories impacting Eldorado Gold this week:

• Positive Sentiment: Multiple insiders and directors bought shares May 5–6 (aggregate ~21,740 shares; ~C$895k notional). Notable buys: Christian Milau (12,400 @ C$40.17; +40% position), Steven Reid (6,000 @ C$43.33; +27%), plus smaller purchases by Sally Eyre, Stephen Walker and Paul Ferneyhough — signals management confidence and provides a near-term demand floor.
• Positive Sentiment: Eldorado received mining sustainability awards alongside Teck, boosting ESG profile and investor perception of operational/social license — can help valuation and access to capital. Eldorado Gold and Teck Resources earn top mining sustainability awards
• Neutral Sentiment: Exploration/option activity at the Perestroika prospect in Val-d’Or (Quebec) was updated — could add long-term resource upside but impact is speculative until drilling results or a defined option agreement are public. Val-D’Or Mining Exploration Update – Perestroika Prospect Eldorado Gold (Quebec) Inc. Option
• Negative Sentiment: ATB Cormark downgraded Eldorado from “moderate buy” to “hold” — analyst downgrade can cap near-term upside and may temper momentum if other analysts follow. Read More

Eldorado Gold Company Profile

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.