Eldorado Gold (ELD) Scheduled to Post Earnings on Thursday

Eldorado Gold (TSE:ELDGet Free Report) (NYSE:EGO) is scheduled to be announcing its earnings results after the market closes on Thursday, October 31st. Analysts expect the company to announce earnings of C$0.50 per share for the quarter.

Eldorado Gold Price Performance

Shares of ELD opened at C$23.82 on Tuesday. Eldorado Gold has a twelve month low of C$13.10 and a twelve 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 company has a 50 day moving average of C$23.81 and a 200-day moving average of C$22.20. The stock has a market capitalization of C$4.88 billion, a P/E ratio of 19.85, a P/E/G ratio of 56.20 and a beta of 1.22.

Insider Buying and Selling at Eldorado Gold

In other Eldorado Gold news, Senior Officer Karen Christine Aram sold 2,007 shares of the firm’s stock in a transaction on Friday, August 23rd. The stock was sold at an average price of C$24.15, for a total transaction of C$48,473.47. In other Eldorado Gold news, Senior Officer Karen Christine Aram sold 2,007 shares of the firm’s stock in a transaction on Friday, August 23rd. The stock was sold at an average price of C$24.15, for a total transaction of C$48,473.47. Also, Senior Officer Mehmet Yilmaz sold 6,134 shares of Eldorado Gold 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. Insiders sold 14,988 shares of company stock valued at $334,328 in the last quarter. 0.58% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

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

View Our Latest Stock Analysis on Eldorado Gold

About Eldorado Gold

(Get Free Report)

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.

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Earnings History for Eldorado Gold (TSE:ELD)

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