Eldorado Gold Corp (EGO) Shares Bought by Compagnie Lombard Odier SCmA

Compagnie Lombard Odier SCmA lifted its stake in shares of Eldorado Gold Corp (NYSE:EGO) (TSE:ELD) by 1,830.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,908,200 shares of the basic materials company’s stock after acquiring an additional 3,705,700 shares during the quarter. Compagnie Lombard Odier SCmA’s holdings in Eldorado Gold were worth $5,677,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. US Bancorp DE increased its stake in shares of Eldorado Gold by 53.0% during the fourth quarter. US Bancorp DE now owns 956,007 shares of the basic materials company’s stock valued at $1,367,000 after acquiring an additional 331,125 shares during the period. Anchor Bolt Capital LP increased its stake in shares of Eldorado Gold by 89.1% during the third quarter. Anchor Bolt Capital LP now owns 6,910,852 shares of the basic materials company’s stock valued at $15,204,000 after acquiring an additional 3,256,850 shares during the period. BlueCrest Capital Management Ltd increased its stake in shares of Eldorado Gold by 18,536.9% during the fourth quarter. BlueCrest Capital Management Ltd now owns 2,215,553 shares of the basic materials company’s stock valued at $3,168,000 after acquiring an additional 2,203,665 shares during the period. Global X Management Co. LLC increased its stake in shares of Eldorado Gold by 36.3% during the fourth quarter. Global X Management Co. LLC now owns 913,926 shares of the basic materials company’s stock valued at $1,328,000 after acquiring an additional 243,166 shares during the period. Finally, Swiss National Bank increased its stake in shares of Eldorado Gold by 10.9% during the third quarter. Swiss National Bank now owns 1,372,100 shares of the basic materials company’s stock valued at $3,014,000 after acquiring an additional 135,000 shares during the period. Institutional investors and hedge funds own 51.61% of the company’s stock.

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Eldorado Gold stock opened at $1.04 on Thursday. Eldorado Gold Corp has a 52 week low of $1.02 and a 52 week high of $3.78. The company has a debt-to-equity ratio of 0.16, a current ratio of 7.80 and a quick ratio of 6.16. The company has a market cap of $817.83, a P/E ratio of -34.66, a P/E/G ratio of 6.51 and a beta of 1.25.

EGO has been the subject of a number of research reports. Macquarie upgraded shares of Eldorado Gold from a “neutral” rating to an “outperform” rating in a report on Wednesday, January 17th. ValuEngine cut shares of Eldorado Gold from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Zacks Investment Research upgraded shares of Eldorado Gold from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 26th. Credit Suisse Group upgraded shares of Eldorado Gold from an “underperform” rating to a “neutral” rating and set a $1.60 target price for the company in a report on Friday, January 26th. Finally, Desjardins restated a “hold” rating on shares of Eldorado Gold in a report on Monday, December 11th. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $1.78.

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Eldorado Gold Profile

Eldorado Gold Corp is a Canada-based gold exploration, development and mining company. The Company’s geographical segments include Turkey, Brazil, Greece, Romania and Other. The Turkey segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkey. The Brazil segment includes the Vila Nova mine, the Tocantinzinho project and exploration activities in Brazil.

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

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