Eldorado Gold (TSE:ELD) Insider Mehmet Yilmaz Sells 5,000 Shares of Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) insider Mehmet Yilmaz sold 5,000 shares of the stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of C$44.42, for a total transaction of C$222,100.00. Following the completion of the sale, the insider directly owned 27,543 shares of the company’s stock, valued at approximately C$1,223,460.06. This trade represents a 15.36% decrease in their position.

Mehmet Yilmaz also recently made the following trade(s):

• On Thursday, June 18th, Mehmet Yilmaz purchased 2 shares of Eldorado Gold stock. The shares were purchased at an average price of C$47.27 per share, with a total value of C$94.54.

Eldorado Gold Stock Down 0.0%

ELD stock opened at C$44.14 on Wednesday. Eldorado Gold Co. has a one year low of C$26.87 and a one year high of C$69.46. The firm has a market cap of C$11.50 billion, a PE ratio of 15.76, a PEG ratio of 56.20 and a beta of 1.37. The firm’s 50 day moving average price is C$44.22 and its 200-day moving average price 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 (TSE:ELD) (NYSE:EGO) last posted its earnings results on Thursday, April 30th. The company reported C$1.32 earnings per share (EPS) for the quarter. The company had revenue of C$740.23 million during the quarter. Eldorado Gold had a return on equity of 13.69% and a net margin of 28.71%. On average, equities research analysts anticipate that Eldorado Gold Co. will post 2.1505174 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on ELD shares. TD dropped 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. ATB Cormark Capital Markets lowered shares of Eldorado Gold from a “moderate buy” rating to a “hold” rating in a report on Monday, May 4th. National Bank Financial increased their price objective on shares of Eldorado Gold from C$63.00 to C$70.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 15th. Finally, BMO Capital Markets set a C$82.00 target price on shares of Eldorado Gold and gave the company an “outperform” rating in a report on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Eldorado Gold currently has a consensus rating of “Moderate Buy” and an average price target 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.