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U S Global Investors Inc. raised its stake in shares of Eldorado Gold Co. (NYSE:EGO – Free Report) TSE: ELD by 361.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. Several other hedge funds and other institutional investors have also bought and sold shares of EGO. Eldorado Gold has been the topic of a number of recent analyst reports. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, and four have given a buy rating to the company.
Eldorado Gold (NYSE:EGO – Get Free Report) TSE: ELD last announced its quarterly earnings data on Thursday, October 26th. The basic materials company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.01 by $0.16. 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 institutional investors owned approximately 58.23% of the company’s stock. Eldorado Gold stock traded down $0.04 on Tuesday, hitting $13.24.660913 shares of the company’s stock traded hands, compared to its average volume of1,625,117. The company has a market capitalization of $2.71 billion, a PE ratio of 42.84, and a beta of 1.16.



Read more: U S Global Investors Inc. Acquires 271,004 Shares of Eldorado Gold Co. (NYSE:EGO)