Asa29 Jan 2018 20:04
Asa Gold & Precious Metals Ltd increased its stake in Eldorado Gold Corp (EGO) by 137.93% based on its latest 2017Q3 regulatory filing with the SEC. Asa Gold & Precious Metals Ltd bought 896,570 shares as the company’s stock declined 5.46% while stock markets rallied. The institutional investor held 1.55M shares of the precious metals company at the end of 2017Q3, valued at $3.40 million, up from 650,000 at the end of the previous reported quarter. Asa Gold & Precious Metals Ltd who had been investing in Eldorado Gold Corp for a number of months, seems to be bullish on the $991.75M market cap company. The stock decreased 3.70% or $0.05 during the last trading session, reaching $1.3. About 4.57M shares traded. Eldorado Gold Corporation (NYSE:EGO) has declined 23.79% since January 29, 2017 and is downtrending. It has underperformed by 40.49% the S&P500.