Mehmet Yilmaz Sells 3,000 Shares of Eldorado Gold Co. (TSE:ELD) Stock

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) Senior Officer Mehmet Yilmaz sold 3,000 shares of the company’s stock in a transaction on Thursday, March 20th. The shares were sold at an average price of C$22.85, for a total value of C$68,550.00.

Eldorado Gold Trading Down 1.8 %

ELD stock traded down C$0.42 during midday trading on Friday, hitting C$22.40. The stock had a trading volume of 707,672 shares, compared to its average volume of 420,595. The firm has a market cap of C$3.23 billion, a PE ratio of 11.66, a price-to-earnings-growth ratio of 56.20 and a beta of 1.22. The company has a debt-to-equity ratio of 23.28, a current ratio of 3.37 and a quick ratio of 2.28. Eldorado Gold Co. has a 12-month low of C$17.82 and a 12-month high of C$26.32. The company’s 50-day moving average price is C$21.16 and its 200 day moving average price is C$22.40.

Wall Street Analysts Forecast Growth

ELD has been the topic of several recent research reports. Stifel Nicolaus decreased their price objective on shares of Eldorado Gold from C$28.00 to C$27.00 in a research report on Monday, November 25th. BMO Capital Markets reduced their price target on shares of Eldorado Gold from C$29.00 to C$27.00 in a report on Friday, February 7th. Cormark dropped their price objective on shares of Eldorado Gold from C$33.50 to C$30.00 in a research note on Monday, February 10th. Finally, National Bankshares lifted their price objective on Eldorado Gold from C$25.00 to C$29.00 and gave the stock an “outperform” rating in a research report on Wednesday.

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.