Eldorado Gold (ELD) Scheduled to Post Earnings on Thursday

Eldorado Gold (TSE:ELD) (NYSE:EGO) is scheduled to release its earnings data after the market closes on Thursday, October 31st. Analysts expect Eldorado Gold to post earnings of C$0.50 per share for the quarter.

Eldorado Gold Trading Up 5.4 %

ELD stock opened at C$25.11 on Wednesday. Eldorado Gold has a 1-year low of C$13.10 and a 1-year high of C$26.32. The company has a debt-to-equity ratio of 20.85, a current ratio of 3.62 and a quick ratio of 2.28. The company has a market capitalization of C$5.14 billion, a price-to-earnings ratio of 20.93, a PEG ratio of 56.20 and a beta of 1.22. The business has a 50 day simple moving average of C$23.84 and a two-hundred day simple moving average of C$22.23.

Insider Activity at Eldorado Gold

In related news, Senior Officer Ryan Swedburg sold 3,553 shares of the stock in a transaction on Thursday, September 12th. The stock was sold at an average price of C$23.43, for a total transaction of C$83,234.71. In other Eldorado Gold news, Senior Officer Ryan Swedburg sold 3,553 shares of the stock in a transaction on Thursday, September 12th. The stock was sold at an average price of C$23.43, for a total value of C$83,234.71. Also, Senior Officer Mehmet Yilmaz sold 6,134 shares of the stock in a transaction on Thursday, September 5th. The stock was sold at an average price of C$22.27, for a total value of C$136,611.54. In the last 90 days, insiders have sold 14,988 shares of company stock worth $334,328. Company insiders own 0.58% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on ELD. Canaccord Genuity Group upped their price target on Eldorado Gold from C$23.00 to C$26.50 in a research note on Tuesday, July 23rd. Cibc World Mkts raised Eldorado Gold to a “strong-buy” rating in a report on Wednesday, July 10th. National Bankshares upped their price objective on Eldorado Gold from C$26.00 to C$27.00 in a report on Monday, July 29th. Finally, Stifel Nicolaus upped their price objective on Eldorado Gold from C$25.00 to C$28.00 in a report on Monday, October 21st. Three research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Eldorado Gold currently has a consensus rating of “Moderate Buy” and a consensus target price of C$23.76.

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.