Eldorado Gold Sees Unusually High Options Volume (NYSE:EGO)

Two Sigma Investments LP purchased a new position in Eldorado Gold in the 4th quarter worth approximately $106,000. Two Sigma Advisers LP …

Eldorado Gold logoEldorado Gold Corp (NYSE:EGO) (TSE:ELD) was the recipient of unusually large options trading on Monday. Stock investors bought 1,052 put options on the stock. This is an increase of 1,570% compared to the typical volume of 63 put options.

EGO has been the subject of several analyst reports. CIBC raised Eldorado Gold from an “underperform” rating to a “neutral” rating in a research note on Wednesday, July 10th. Zacks Investment Research raised IMI PLC/S from a “sell” rating to a “hold” rating in a research report on Wednesday, April 3rd. TD Securities decreased their price target on Great Canadian Gaming from C$62.00 to C$56.00 and set a “buy” rating for the company in a research report on Tuesday, May 7th. ValuEngine raised WPP from a “sell” rating to a “hold” rating in a research report on Wednesday, June 19th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 785 ($10.26) price target on shares of in a research report on Wednesday, June 26th. Eight equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Eldorado Gold presently has a consensus rating of “Hold” and a consensus target price of $5.01.

Several institutional investors and hedge funds have recently added to or reduced their stakes in EGO. King Luther Capital Management Corp bought a new stake in Eldorado Gold during the 1st quarter valued at approximately $94,000. Acadian Asset Management LLC purchased a new position in Eldorado Gold in the 4th quarter worth approximately $98,000. Two Sigma Investments LP purchased a new position in Eldorado Gold in the 4th quarter worth approximately $106,000. Two Sigma Advisers LP purchased a new position in Eldorado Gold in the 4th quarter worth approximately $156,000. Finally, Amundi Pioneer Asset Management Inc. purchased a new position in Eldorado Gold in the 1st quarter worth approximately $185,000. Hedge funds and other institutional investors own 41.47% of the company’s stock.

Eldorado Gold stock opened at $6.98 on Tuesday. Eldorado Gold has a one year low of $2.52 and a one year high of $7.14. The stock has a fifty day moving average of $5.12. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.98 and a quick ratio of 2.70.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last posted its quarterly earnings data on Thursday, May 2nd. The basic materials company reported ($0.11) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by ($0.07). The business had revenue of $80.02 million for the quarter, compared to the consensus estimate of $113.85 million. Eldorado Gold had a negative net margin of 97.68% and a negative return on equity of 1.40%. Analysts anticipate that Eldorado Gold will post 0.11 EPS for the current fiscal year.

Eldorado Gold Company Profile

Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. The company holds 100% interests in the Kisladag and Efemcukuru gold mines in Turkey; Lamaque gold project in Canada; Perama Hill gold-silver project and Sapes in Greece; and Vila Nova iron ore mine and 100% interest in Tocantinzinho gold project in Brazil.

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CIBC Asset Management Inc Cuts Stake in Eldorado Gold Corp (NYSE:EGO)

Acadian Asset Management LLC bought a new stake in Eldorado Gold during the 4th quarter worth approximately $98,000. Finally, Loews Corp …

Eldorado Gold logoCIBC Asset Management Inc cut its holdings in shares of Eldorado Gold Corp (NYSE:EGO) (TSE:ELD) by 80.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 270,746 shares of the basic materials company’s stock after selling 1,141,903 shares during the quarter. CIBC Asset Management Inc owned 0.17% of Eldorado Gold worth $794,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of EGO. Brave Asset Management Inc. bought a new position in Eldorado Gold in the fourth quarter valued at about $36,000. Legal & General Group Plc raised its holdings in Eldorado Gold by 2.5% in the 3rd quarter. Legal & General Group Plc now owns 565,071 shares of the basic materials company’s stock valued at $494,000 after buying an additional 13,649 shares during the last quarter. Signition LP acquired a new stake in Eldorado Gold during the 4th quarter worth approximately $43,000. Acadian Asset Management LLC bought a new stake in Eldorado Gold during the 4th quarter worth approximately $98,000. Finally, Loews Corp acquired a new position in Eldorado Gold in the 4th quarter valued at approximately $290,000. 42.42% of the stock is owned by institutional investors.

Several brokerages recently weighed in on EGO. ValuEngine cut shares of Eldorado Gold from a “buy” rating to a “hold” rating in a research note on Wednesday, January 2nd. TD Securities raised Eldorado Gold from a “reduce” rating to a “hold” rating and lifted their price objective for the stock from $3.50 to $4.50 in a research note on Wednesday, February 6th. Zacks Investment Research raised shares of Eldorado Gold from a “hold” rating to a “buy” rating and set a $4.50 target price for the company in a research report on Tuesday, February 5th. Desjardins restated a “sell” rating on shares of Eldorado Gold in a research report on Saturday, December 29th. Finally, National Bank Financial raised shares of Eldorado Gold from a “sector perform” rating to an “outperform” rating in a research note on Friday, February 1st. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. Eldorado Gold presently has a consensus rating of “Hold” and a consensus price target of $2.76.

Shares of EGO traded down $0.08 during trading hours on Friday, hitting $4.58. The stock had a trading volume of 983,503 shares, compared to its average volume of 1,972,403. The company has a market cap of $727.30 million, a PE ratio of -26.94, a P/E/G ratio of 9.17 and a beta of 1.72. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.63 and a quick ratio of 2.66. Eldorado Gold Corp has a 1-year low of $2.52 and a 1-year high of $6.05.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last released its quarterly earnings data on Thursday, February 21st. The basic materials company reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.01. The firm had revenue of $92.80 million for the quarter, compared to analyst estimates of $97.60 million. Eldorado Gold had a negative net margin of 78.86% and a negative return on equity of 0.47%. Analysts expect that Eldorado Gold Corp will post 0.1 EPS for the current fiscal year.

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Eldorado Gold Company Profile

Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. The company holds 100% interests in the Kisladag and Efemcukuru gold mines in Turkey; Lamaque gold project in Canada; Perama Hill gold-silver project and Sapes in Greece; and Vila Nova iron ore mine and Tocantinzinho gold project in Brazil.

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Institutional Ownership by Quarter for Eldorado Gold (NYSE:EGO)

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Eldorado Gold (EGO) Shares Down 5%

Two Sigma Investments LP bought a new position in Eldorado Gold during the fourth quarter valued at $106,000. Finally, Two Sigma Advisers LP …

Eldorado Gold logoEldorado Gold Corp (NYSE:EGO) (TSE:ELD)’s share price fell 5% on Thursday . The company traded as low as $4.50 and last traded at $4.53. 1,698,396 shares traded hands during mid-day trading, a decline of 13% from the average session volume of 1,952,896 shares. The stock had previously closed at $4.77.

A number of equities analysts recently weighed in on the stock. ValuEngine lowered shares of Eldorado Gold from a “buy” rating to a “hold” rating in a research report on Wednesday, January 2nd. TD Securities upgraded shares of Eldorado Gold from a “reduce” rating to a “hold” rating and upped their target price for the stock from $3.50 to $4.50 in a research report on Wednesday, February 6th. Zacks Investment Research upgraded shares of Eldorado Gold from a “hold” rating to a “buy” rating and set a $4.50 target price for the company in a research report on Tuesday, February 5th. Desjardins restated a “sell” rating on shares of Eldorado Gold in a research report on Saturday, December 29th. Finally, National Bank Financial upgraded shares of Eldorado Gold from a “sector perform” rating to an “outperform” rating in a research report on Friday, February 1st. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $2.42.

The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.66 and a current ratio of 3.63. The stock has a market capitalization of $714.61 million, a price-to-earnings ratio of -26.47, a price-to-earnings-growth ratio of 7.57 and a beta of 1.71.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last issued its earnings results on Thursday, February 21st. The basic materials company reported ($0.05) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.01. Eldorado Gold had a negative net margin of 78.86% and a negative return on equity of 0.47%. The firm had revenue of $92.80 million during the quarter, compared to analyst estimates of $97.60 million. As a group, equities analysts forecast that Eldorado Gold Corp will post 0.13 earnings per share for the current fiscal year.

Hedge funds have recently added to or reduced their stakes in the business. Brave Asset Management Inc. bought a new position in Eldorado Gold during the fourth quarter valued at $36,000. Signition LP bought a new position in Eldorado Gold during the fourth quarter valued at $43,000. Acadian Asset Management LLC bought a new position in Eldorado Gold during the fourth quarter valued at $98,000. Two Sigma Investments LP bought a new position in Eldorado Gold during the fourth quarter valued at $106,000. Finally, Two Sigma Advisers LP bought a new position in Eldorado Gold during the fourth quarter valued at $156,000. Institutional investors and hedge funds own 41.56% of the company’s stock.

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About Eldorado Gold (NYSE:EGO)

Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. The company holds 100% interests in the Kisladag and Efemcukuru gold mines in Turkey; Lamaque gold project in Canada; Perama Hill gold-silver project and Sapes in Greece; and Vila Nova iron ore mine and Tocantinzinho gold project in Brazil.

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Eldorado Gold Corp (EGO) Receives $2.58 Average Target Price from Analysts

Two Sigma Investments LP acquired a new stake in Eldorado Gold during the 4th quarter worth approximately $106,000. Loews Corp acquired a new …

Eldorado Gold logoEldorado Gold Corp (NYSE:EGO) (TSE:ELD) has earned a consensus rating of “Hold” from the twelve research firms that are currently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $2.58.

Several research analysts have recently issued reports on EGO shares. CIBC lowered shares of Eldorado Gold from a “neutral” rating to a “sector underperform” rating in a research note on Thursday, January 31st. Desjardins upgraded shares of Eldorado Gold from a “sell” rating to a “hold” rating in a research report on Monday, January 7th. Zacks Investment Research downgraded shares of Eldorado Gold from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 1st. BMO Capital Markets upgraded shares of Eldorado Gold from a “market perform” rating to an “outperform” rating and set a $3.81 price target on the stock in a research report on Friday, February 1st. Finally, Canaccord Genuity reiterated a “hold” rating on shares of Eldorado Gold in a research report on Sunday, November 25th.

Shares of NYSE EGO traded down $0.07 during mid-day trading on Friday, hitting $4.19. The company’s stock had a trading volume of 88,156 shares, compared to its average volume of 1,978,480. The firm has a market capitalization of $676.50 million, a PE ratio of -24.59, a price-to-earnings-growth ratio of 6.93 and a beta of 1.67. The company has a current ratio of 6.33, a quick ratio of 4.79 and a debt-to-equity ratio of 0.17. Eldorado Gold has a one year low of $2.52 and a one year high of $6.05.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last issued its earnings results on Thursday, February 21st. The basic materials company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.01. The company had revenue of $92.80 million for the quarter, compared to analyst estimates of $97.60 million. Eldorado Gold had a negative net margin of 78.86% and a negative return on equity of 0.46%. As a group, equities research analysts anticipate that Eldorado Gold will post 0.13 earnings per share for the current fiscal year.

Several large investors have recently made changes to their positions in the stock. Norges Bank acquired a new stake in shares of Eldorado Gold in the 4th quarter valued at approximately $4,037,000. Two Sigma Advisers LP acquired a new stake in Eldorado Gold during the 4th quarter worth approximately $156,000. Two Sigma Investments LP acquired a new stake in Eldorado Gold during the 4th quarter worth approximately $106,000. Loews Corp acquired a new stake in Eldorado Gold during the 4th quarter worth approximately $290,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in Eldorado Gold during the 4th quarter worth approximately $521,000.

About Eldorado Gold

Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. The company holds 100% interests in the Kisladag and Efemcukuru gold mines in Turkey; Lamaque gold project in Canada; Perama Hill gold-silver project and Sapes in Greece; and Vila Nova iron ore mine and Tocantinzinho gold project in Brazil.

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Analyst Recommendations for Eldorado Gold (NYSE:EGO)

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Eldorado Gold Corp to Post FY2018 Earnings of ($0.06) Per Share, Cormark Forecasts (EGO)

Two Sigma Investments LP purchased a new stake in Eldorado Gold during the 4th quarter worth approximately $106,000. Finally, Two Sigma …

Eldorado Gold logo

Eldorado Gold Corp (NYSE:EGO) (TSE:ELD) – Analysts at Cormark dropped their FY2018 EPS estimates for Eldorado Gold in a report issued on Thursday, January 31st, according to Zacks Investment Research. Cormark analyst R. Gray now forecasts that the basic materials company will post earnings per share of ($0.06) for the year, down from their prior estimate of ($0.05). Cormark also issued estimates for Eldorado Gold’s Q4 2018 earnings at ($0.04) EPS.

EGO has been the topic of several other reports. ValuEngine lowered shares of Eldorado Gold from a “buy” rating to a “hold” rating in a report on Wednesday, January 2nd. TD Securities upgraded shares of Eldorado Gold from a “reduce” rating to a “hold” rating and upped their price objective for the stock from $3.50 to $4.50 in a report on Wednesday, February 6th. Zacks Investment Research upgraded shares of Eldorado Gold from a “hold” rating to a “buy” rating and set a $4.50 price objective on the stock in a report on Tuesday, February 5th. Desjardins restated a “sell” rating on shares of Eldorado Gold in a report on Saturday, December 29th. Finally, National Bank Financial upgraded shares of Eldorado Gold from a “sector perform” rating to an “outperform” rating in a report on Friday, February 1st. Three research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $2.42.

NYSE:EGO opened at $4.35 on Monday. The company has a current ratio of 6.33, a quick ratio of 4.79 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $663.79 million, a price-to-earnings ratio of 43.50, a PEG ratio of 6.60 and a beta of 1.67. Eldorado Gold has a 1-year low of $2.52 and a 1-year high of $6.05.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Brave Asset Management Inc. purchased a new stake in Eldorado Gold during the 4th quarter worth approximately $36,000. Signition LP purchased a new stake in Eldorado Gold during the 4th quarter worth approximately $43,000. Acadian Asset Management LLC purchased a new stake in Eldorado Gold during the 4th quarter worth approximately $98,000. Two Sigma Investments LP purchased a new stake in Eldorado Gold during the 4th quarter worth approximately $106,000. Finally, Two Sigma Advisers LP purchased a new stake in Eldorado Gold during the 4th quarter worth approximately $156,000.

About Eldorado Gold

Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. The company holds 100% interests in the Kisladag and Efemcukuru gold mines in Turkey; Lamaque gold project in Canada; Perama Hill gold-silver project and Sapes in Greece; and Vila Nova iron ore mine and Tocantinzinho gold project in Brazil.

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Earnings History and Estimates for Eldorado Gold (NYSE:EGO)

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