Eldorado Gold (TSE:ELD – Get Free Report) (NYSE:EGO) had its target price raised by investment analysts at BMO Capital Markets from C$21.00 to C$23.00 in a report issued on Friday, BayStreet.CA reports. BMO Capital Markets’ target price suggests a potential upside of 10.74% from the company’s previous close.
Other equities research analysts also recently issued research reports about the company. Stifel Nicolaus raised their target price on Eldorado Gold from C$17.25 to C$19.50 in a report on Friday, April 19th. Cormark reduced their target price on Eldorado Gold from C$26.00 to C$25.00 in a report on Monday, February 26th. Bank of America raised their target price on Eldorado Gold from C$13.40 to C$16.80 in a report on Tuesday, April 9th. National Bankshares reduced their target price on Eldorado Gold from C$21.00 to C$19.00 and set an “outperform” rating on the stock in a report on Monday, February 26th. Finally, Stifel Canada cut Eldorado Gold from a “buy” rating to a “hold” rating in a research note on Friday, January 26th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of C$20.69.
Get Our Latest Analysis on ELD
Eldorado Gold Trading Up 2.8 %
Eldorado Gold (TSE:ELD – Get Free Report) (NYSE:EGO) last issued its earnings results on Thursday, February 22nd. The company reported C$0.33 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.28 by C$0.05. The firm had revenue of C$417.85 million for the quarter. Eldorado Gold had a return on equity of 3.15% and a net margin of 10.37%. On average, research analysts anticipate that Eldorado Gold will post 0.9818008 EPS for the current fiscal year.
Insider Activity
In related 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 transaction of C$199,806.57. In related 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 transaction of C$199,806.57. Also, Senior Officer Peter Jonathan Lind sold 9,130 shares of the firm’s stock in a transaction on Monday, March 25th. The stock was sold at an average price of C$18.24, for a total value of C$166,531.20. In the last ninety days, insiders sold 41,338 shares of company stock worth $684,168. 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.
Featured Stories
- Five stocks we like better than Eldorado Gold
- Stock Sentiment Analysis: How it Works
- MarketBeat Week in Review – 4/22 – 4/26
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- 3 Stocks Leading the U.S. Agriculture Comeback
- Insider Selling Explained: Can it Inform Your Investing Choices?
- How to Use Put Debit Spreads to Profit From Falling Stocks
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.