Key Points
- Insider Christian Milau purchased 2,700 shares on November 7 at C$36.99 (C$99,873 total), increasing his direct stake to 11,290 shares—a 31.43% rise valued at C$417,617.10.
- Shares rose about 1.3% to open at C$37.56, with a market capitalization of C$7.55 billion, a PE of 20.87, and a 12‑month range of C$18.94–C$43.41.
- Analysts have been upgrading the stock—most notably Canaccord upgraded to "buy" and raised its target to C$54—and MarketBeat shows a consensus "Buy" with an average target of C$35.75.
Eldorado Gold Co. (TSE:ELD - Get Free Report) (NYSE:EGO) insider Christian Milau acquired 2,700 shares of the firm's stock in a transaction that occurred on Friday, November 7th. The stock was bought at an average price of C$36.99 per share, with a total value of C$99,873.00. Following the completion of the acquisition, the insider directly owned 11,290 shares of the company's stock, valued at C$417,617.10. This trade represents a 31.43% increase in their ownership of the stock.
Eldorado Gold Stock Up 1.3%
Shares of ELD opened at C$37.56 on Friday. The company has a market capitalization of C$7.55 billion, a PE ratio of 20.87, a PEG ratio of 56.20 and a beta of 1.33. Eldorado Gold Co. has a 12 month low of C$18.94 and a 12 month high of C$43.41. The stock's 50-day moving average price is C$38.01 and its two-hundred day moving average price is C$31.79. The company has a current ratio of 3.37, a quick ratio of 2.28 and a debt-to-equity ratio of 23.28.
Analyst Upgrades and Downgrades
Several analysts recently commented on ELD shares. Canaccord Genuity Group upgraded Eldorado Gold from a "hold" rating to a "buy" rating and upped their target price for the company from C$42.00 to C$54.00 in a report on Wednesday, October 22nd. National Bankshares boosted their price target on shares of Eldorado Gold from C$38.00 to C$41.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 6th. Finally, Bank of America upped their price objective on shares of Eldorado Gold from C$28.50 to C$33.50 in a research note on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of C$35.75.
Read Our Latest Research Report on Eldorado Gold
Eldorado Gold Company Profile
(
Get Free Report)
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.
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