Eldorado Gold (TSE:ELD – Get Free Report) (NYSE:EGO) had its price target upped by equities researchers at Stifel Nicolaus from C$25.00 to C$28.00 in a research note issued to investors on Monday, BayStreet.CA reports. Stifel Nicolaus’ price target would suggest a potential upside of 8.74% from the stock’s current price.
Several other equities analysts have also issued reports on ELD. Canaccord Genuity Group lifted their price target on Eldorado Gold from C$23.00 to C$26.50 in a research note on Tuesday, July 23rd. National Bankshares boosted their price target on Eldorado Gold from C$26.00 to C$27.00 in a report on Monday, July 29th. Finally, Cibc World Mkts raised Eldorado Gold to a “strong-buy” rating in a report on Wednesday, July 10th. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$23.76.
Check Out Our Latest Report on Eldorado Gold
Eldorado Gold Stock Up 0.2 %
Eldorado Gold (TSE:ELD – Get Free Report) (NYSE:EGO) last released its quarterly earnings data on Thursday, July 25th. The company reported C$0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.36 by C$0.09. The company had revenue of C$406.56 million during the quarter. Eldorado Gold had a return on equity of 4.99% and a net margin of 15.68%. Sell-side analysts anticipate that Eldorado Gold will post 2.1505174 earnings per share for the current year.
Insiders Place Their Bets
In other Eldorado Gold news, Senior Officer Mehmet Yilmaz sold 6,134 shares of the company’s stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of C$22.27, for a total value of C$136,611.54. In other Eldorado Gold news, Senior Officer Mehmet Yilmaz sold 6,134 shares of the company’s stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of C$22.27, for a total value of C$136,611.54. Also, Senior Officer Ryan Swedburg sold 3,553 shares of the company’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of C$23.43, for a total value of C$83,234.71. Insiders sold a total of 14,988 shares of company stock valued at $334,328 in the last 90 days. Corporate insiders own 0.58% of the company’s stock.
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.
See Also
- Five stocks we like better than Eldorado Gold
- CD Calculator: Certificate of Deposit Calculator
- Analysts Predict New Highs for Cybersecurity Stock by Christmas
- What is the Shanghai Stock Exchange Composite Index?
- Nuclear Power Reaches Critical Mass: Top Stocks to Watch Now
- Differences Between Momentum Investing and Long Term Investing
- 2 Energy Stocks Surging on Billion-Dollar DOE Loan Commitments
Receive News & Ratings for Eldorado Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eldorado Gold and related companies with MarketBeat.com's FREE daily email newsletter.