Eldorado Gold (TSE:ELD – Free Report) (NYSE:EGO) had its price target lifted by BMO Capital Markets from C$21.00 to C$23.00 in a research note published on Friday, BayStreet.CA reports.
ELD has been the topic of a number of other reports. Bank of America upped their price target on Eldorado Gold from C$13.40 to C$16.80 in a research note on Tuesday, April 9th. Stifel Nicolaus upped their price target on Eldorado Gold from C$17.25 to C$19.50 in a research note on Friday, April 19th. National Bankshares decreased their price target on Eldorado Gold from C$21.00 to C$19.00 and set an outperform rating on the stock in a research note on Monday, February 26th. National Bank Financial restated an outperform spec overweight rating on shares of Eldorado Gold in a research note on Monday, April 8th. Finally, Cormark decreased their price target on Eldorado Gold from C$26.00 to C$25.00 in a research note on Monday, February 26th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Eldorado Gold presently has a consensus rating of Hold and a consensus target price of C$20.69.
Read Our Latest Stock Analysis on ELD
Eldorado Gold Trading Up 2.8 %
Eldorado Gold (TSE:ELD – Get Free Report) (NYSE:EGO) last issued its quarterly earnings data on Thursday, February 22nd. The company reported C$0.33 earnings per share for the quarter, topping the consensus estimate of C$0.28 by C$0.05. Eldorado Gold had a return on equity of 3.15% and a net margin of 10.37%. The company had revenue of C$417.85 million during the quarter. As a group, research analysts predict that Eldorado Gold will post 0.9818008 earnings per share for the current year.
Insider Activity
In other news, Senior Officer Mehmet Yilmaz sold 1,900 shares of the stock in a transaction on Friday, March 22nd. The stock was sold at an average price of C$18.25, for a total value of C$34,675.00. In other Eldorado Gold news, Director George Raymond Burns sold 13,434 shares of the firm’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of C$14.87, for a total value of C$199,806.57. Also, Senior Officer Mehmet Yilmaz sold 1,900 shares of the firm’s stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of C$18.25, for a total value of C$34,675.00. Over the last three months, insiders have sold 41,338 shares of company stock worth $684,168. Corporate insiders own 0.69% of the company’s stock.
Eldorado Gold Company Profile
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.
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