Stifel Nicolaus Cuts Eldorado Gold (TSE:ELD) Price Target to C$27.00

Eldorado Gold (TSE:ELD) (NYSE:EGO) had its price objective decreased by Stifel Nicolaus from C$28.00 to C$27.00 in a report released on Monday,BayStreet.CA reports.

Separately, National Bankshares lifted their target price on shares of Eldorado Gold from C$26.00 to C$27.00 in a report on Monday, July 29th. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of C$23.61.

Eldorado Gold Stock Up 0.8 %

Shares of Eldorado Gold stock opened at C$22.26 on Monday. Eldorado Gold has a 12-month low of C$13.10 and a 12-month high of C$26.32. The company has a quick ratio of 2.28, a current ratio of 3.62 and a debt-to-equity ratio of 20.85. The stock has a 50 day moving average price of C$23.61 and a two-hundred day moving average price of C$22.50. The stock has a market capitalization of C$4.56 billion, a P/E ratio of 18.67, a PEG ratio of 56.20 and a beta of 1.22.

Insider Transactions at Eldorado Gold

In related news, Senior Officer Mehmet Yilmaz sold 6,134 shares of the firm’s 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. Also, Senior Officer Ryan Swedburg sold 3,553 shares of the business’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of C$23.43, for a total transaction of C$83,234.71. Over the last quarter, insiders have sold 9,864 shares of company stock worth $223,664. Insiders own 0.58% 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.