Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Equities research analysts at Cormark lowered their Q1 2021 earnings per share estimates for shares of Eldorado Gold in a research note issued to investors on Monday, April 12th. Cormark analyst R. Gray now expects that the company will post earnings per share of $0.21 for the quarter, down from their prior estimate of $0.28.
Other research analysts have also recently issued research reports about the company. TD Securities reduced their price objective on Eldorado Gold from C$13.50 to C$13.00 and set a “hold” rating on the stock in a research note on Monday, March 1st. BMO Capital Markets cut their price target on Eldorado Gold from C$22.00 to C$20.00 and set an “outperform” rating on the stock in a research note on Friday, January 15th. Finally, Credit Suisse Group reiterated an “underperform” rating and issued a C$16.50 price target on shares of Eldorado Gold in a research note on Monday, January 18th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of C$17.36.
Eldorado Gold (TSE:ELD) (NYSE:EGO) last issued its quarterly earnings data on Thursday, February 25th. The company reported C$0.43 EPS for the quarter, topping the Zacks’ consensus estimate of C$0.42 by C$0.01. The company had revenue of C$363.00 million for the quarter.
In other news, Senior Officer Peter Dubois Lewis sold 2,696 shares of the company’s stock in a transaction that occurred on Friday, March 12th. The stock was sold at an average price of C$14.22, for a total transaction of C$38,337.12. Following the completion of the transaction, the insider now directly owns 43,023 shares of the company’s stock, valued at C$611,787.06. Also, Senior Officer Jason Cho sold 6,902 shares of the company’s stock in a transaction that occurred on Monday, March 22nd. The shares were sold at an average price of C$14.62, for a total value of C$100,879.63. Following the transaction, the insider now directly owns 35,240 shares of the company’s stock, valued at C$515,067.84. Insiders have sold 12,880 shares of company stock worth $186,504 in the last 90 days.
About Eldorado Gold
Eldorado Gold Corporation and its subsidiaries engage in the exploration, discovery, acquisition, financing, development, production, sale, and reclamation of mineral products, primarily in Turkey, Canada, Greece, Brazil, and Romania. The company primarily produces gold, as well as silver, lead, zinc, and iron ore.
Featured Article: Trading signals using Bollinger bands
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.