Insider Selling: Eldorado Gold Co. (TSE:ELD) Senior Officer Sells 11,375 Shares of Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Senior Officer Graham Magnus Morrison sold 11,375 shares of the business’s stock in a transaction that occurred on 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 Price Performance

Shares of ELD traded up C$0.32 during mid-day trading on Wednesday, hitting C$20.31. 135,945 shares of the company were exchanged, compared to its average volume of 426,568. The stock has a market cap of C$2.93 billion, a price-to-earnings ratio of 10.57, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22. Eldorado Gold Co. has a 1-year low of C$16.18 and a 1-year high of C$26.32. The company has a 50 day moving average of C$21.28 and a 200-day moving average of C$22.59. The company has a debt-to-equity ratio of 23.28, a quick ratio of 2.28 and a current ratio of 3.37.

Analyst Ratings Changes

ELD has been the subject of several analyst reports. BMO Capital Markets decreased their target price on shares of Eldorado Gold from C$29.00 to C$27.00 in a research note on Friday, February 7th. National Bankshares decreased their price objective on shares of 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. Cormark dropped their target price on Eldorado Gold from C$33.50 to C$30.00 in a research report on Monday, February 10th. Finally, Stifel Nicolaus reduced their price target on Eldorado Gold from C$28.00 to C$27.00 in a report on Monday, November 25th.

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.