Claire Mary Chamberlain Sells 1,068 Shares of Eldorado Gold Co. (TSE:ELD) Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Senior Officer Claire Mary Chamberlain sold 1,068 shares of the company’s stock in a transaction on Friday, August 2nd. The shares were sold at an average price of C$12.49, for a total transaction of C$13,342.42. Following the completion of the sale, the insider now directly owns 929 shares in the company, valued at C$11,605.90.

Eldorado Gold Stock Performance

ELD opened at C$21.89 on Friday. The company has a current ratio of 3.62, a quick ratio of 2.28 and a debt-to-equity ratio of 20.85. The company’s fifty day moving average price is C$21.66 and its two-hundred day moving average price is C$19.52. Eldorado Gold Co. has a 1-year low of C$11.38 and a 1-year high of C$23.95. The company has a market cap of C$4.48 billion, a price-to-earnings ratio of 18.09, a PEG ratio of 56.20 and a beta of 1.21.

Analyst Ratings Changes

ELD has been the topic of a number of analyst reports. Cibc World Mkts raised shares of Eldorado Gold to a “strong-buy” rating in a research note on Wednesday, July 10th. Stifel Nicolaus boosted their target price on shares of Eldorado Gold from C$17.25 to C$19.50 in a research report on Friday, April 19th. BMO Capital Markets boosted their target price on shares of Eldorado Gold from C$21.00 to C$23.00 in a research report on Friday, April 26th. National Bankshares boosted their target price on shares of Eldorado Gold from C$26.00 to C$27.00 in a research report on Monday, July 29th. Finally, Canaccord Genuity Group boosted their target price on shares of Eldorado Gold from C$23.00 to C$26.50 in a research report on Tuesday, July 23rd. Three research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of C$22.54.

About Eldorado Gold

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.