Per Niklas Frank Sells 9,524 Shares of Eldorado Gold (TSE:ELD) Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) insider Per Niklas Frank sold 9,524 shares of the firm’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of C$43.02, for a total transaction of C$409,722.48. Following the completion of the sale, the insider owned 16,777 shares of the company’s stock, valued at C$721,746.54. The trade was a 36.21% decrease in their ownership of the stock.

Per Niklas Frank also recently made the following trade(s):

• On Thursday, June 25th, Per Niklas Frank sold 7,391 shares of Eldorado Gold stock. The shares were sold at an average price of C$43.02, for a total transaction of C$317,960.82.

Eldorado Gold Stock Up 2.1%

Shares of TSE ELD traded up C$0.92 during trading on Friday, hitting C$44.13. 228,136 shares of the company traded hands, compared to its average volume of 780,550. The firm has a market capitalization of C$11.50 billion, a price-to-earnings ratio of 15.76, a P/E/G ratio of 56.20 and a beta of 1.37. The business’s fifty day moving average is C$44.40 and its 200 day moving average is C$50.47. The company has a debt-to-equity ratio of 28.81, a quick ratio of 2.27 and a current ratio of 1.62. Eldorado Gold Co. has a fifty-two week low of C$26.74 and a fifty-two week high of C$69.46.

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

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ELD. National Bank Financial boosted their price objective on Eldorado Gold from C$63.00 to C$70.00 and gave the company an “outperform” rating in a report on Wednesday, April 15th. TD reduced their price target on shares of Eldorado Gold from C$45.00 to C$40.00 and set a “hold” rating for the company in a research report on Tuesday, April 14th. BMO Capital Markets set a C$82.00 price target on shares of Eldorado Gold and gave the company an “outperform” rating in a research note on Wednesday, April 15th. ATB Cormark Capital Markets downgraded shares of Eldorado Gold from a “moderate buy” rating to a “hold” rating in a report on Monday, May 4th. Finally, Bank of America upped their price objective on shares of Eldorado Gold from C$46.25 to C$52.00 in a report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Eldorado Gold presently has an average 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.