Eldorado Gold Co. (TSE:ELD – Get Free Report) (NYSE:EGO) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$22.41 and traded as high as C$22.98. Eldorado Gold shares last traded at C$22.35, with a volume of 357,930 shares trading hands.
Analysts Set New Price Targets
Several brokerages have recently commented on ELD. Cormark dropped their price target on shares of Eldorado Gold from C$33.50 to C$30.00 in a research note on Monday, February 10th. Stifel Nicolaus decreased their price target on shares of Eldorado Gold from C$28.00 to C$27.00 in a research report on Monday, November 25th. BMO Capital Markets cut their price target on shares of Eldorado Gold from C$29.00 to C$27.00 in a research note on Friday, February 7th. Finally, National Bankshares dropped their target price on shares of Eldorado Gold from C$28.00 to C$27.00 and set an “outperform” rating for the company in a research report on Wednesday, January 15th.
View Our Latest Stock Analysis on Eldorado Gold
Eldorado Gold Trading Up 1.0 %
Insider Buying and Selling at Eldorado Gold
In other news, Senior Officer Graham Magnus Morrison sold 11,375 shares of Eldorado Gold stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of C$19.99, for a total transaction of C$227,386.25. Also, Senior Officer Joseph Dennis Dick sold 9,275 shares of the company’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of C$20.22, for a total transaction of C$187,540.50. Over the last quarter, insiders have sold 32,924 shares of company stock valued at $631,537. 0.58% of the stock is currently owned by corporate 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.
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