National Bankshares Issues Positive Forecast for Eldorado Gold (TSE:ELD) Stock Price

Eldorado Gold (TSE:ELD) (NYSE:EGO) had its target price hoisted by National Bankshares from C$25.00 to C$29.00 in a research note issued to investors on Wednesday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

A number of other research analysts have also weighed in on ELD. Stifel Nicolaus cut their price target on shares of Eldorado Gold from C$28.00 to C$27.00 in a research note on Monday, November 25th. Cormark dropped their price objective on shares of Eldorado Gold from C$33.50 to C$30.00 in a report on Monday, February 10th. Finally, BMO Capital Markets reduced their target price on shares of Eldorado Gold from C$29.00 to C$27.00 in a research note on Friday, February 7th.

Eldorado Gold Trading Up 0.8 %

TSE ELD opened at C$22.53 on Wednesday. Eldorado Gold has a one year low of C$17.52 and a one year high of C$26.32. The company has a debt-to-equity ratio of 23.28, a current ratio of 3.37 and a quick ratio of 2.28. The firm has a market cap of C$3.25 billion, a P/E ratio of 11.73, a P/E/G ratio of 56.20 and a beta of 1.22. The stock’s 50-day moving average is C$21.17 and its 200-day moving average is C$22.40.

Insider Buying and Selling

In other Eldorado Gold news, Senior Officer Nicolae Stanca sold 4,235 shares of the firm’s stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of C$13.92, for a total value of C$58,951.20. Also, Director George Raymond Burns sold 7,590 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of C$19.61, for a total value of C$148,853.56. Over the last 90 days, insiders sold 32,924 shares of company stock worth $631,537. 0.58% of the stock is owned by insiders.

Eldorado Gold Company Profile

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.