Timothy Francis Garvin Acquires 90,000 Shares of Eldorado Gold Corp (ELD) Stock

Eldorado Gold Corp (TSE:ELD) (NYSE:EGO) insider Timothy Francis Garvin acquired 90,000 shares of the company’s stock in a transaction dated Friday, April 6th. The stock was acquired at an average price of C$1.23 per share, with a total value of C$110,700.00.

Shares of Eldorado Gold stock opened at C$1.24 on Friday. Eldorado Gold Corp has a 12-month low of C$1.03 and a 12-month high of C$5.13.

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A number of brokerages have recently issued reports on ELD. Desjardins restated a “hold” rating on shares of Eldorado Gold in a research note on Monday, December 11th. BMO Capital Markets restated a “market perform” rating and issued a C$1.50 price objective on shares of Eldorado Gold in a research note on Friday, March 23rd. Canaccord Genuity dropped their price objective on shares of Eldorado Gold from C$2.00 to C$1.25 in a research note on Friday, March 23rd. Finally, Eight Capital dropped their price objective on shares of Eldorado Gold from C$1.60 to C$1.30 in a research note on Friday, March 23rd. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the stock. Eldorado Gold has a consensus rating of “Hold” and an average price target of C$2.10.

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Eldorado Gold Company Profile

Eldorado Gold Corp is a Canada-based gold exploration, development and mining company. The Company’s geographical segments include Turkey, Brazil, Greece, Romania and Other. The Turkey segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkey. The Brazil segment includes the Vila Nova mine, the Tocantinzinho project and exploration activities in Brazil.

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