Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Eldorado Gold (NYSE: EGO) hit a new 52-week low Thursday as it is currently trading at $6.40, below its previous 52-week low of $6.58 with 728,743 shares traded as of 9:35 a.m. ET. Average volume has been 5.5 million shares over the past 30 days. Eldorado has a market cap of $5.04 billion and is part of the basic materials sector and metals & mining industry. Shares are down 47.5% year to date as of the close of trading on Wednesday. Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, mining, and production of gold properties in Turkey, China, Greece, Brazil, and Romania. The company also explores for iron, silver, lead, zinc, and copper ores. The company has a P/E ratio of 26.1, above the S&P 500 P/E ratio of 17.7.
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