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Is this Large Market Cap Stock target price reasonable for Eldorado Gold Corporation (NYSE:EGO)?

The company in question is, Eldorado Gold Corporation (NYSE:EGO) currently with a stock price of 3.51 (-3.04% today). The market cap for Eldorado Gold Corporation is 2620.84, and is in the sector Basic Materials, and Gold industry. The target price for Eldorado Gold Corporation is 5.63. Currently Eldorado Gold Corporation is trading with a P/E of *TBA, and a forward P/E of 23.21. Average volume for Eldorado Gold Corporation is 6275.37 and so far today it is 2418341.

Performance in the last year for Eldorado Gold Corporation has been -9.95%. For EPS growth, Eldorado Gold Corporation has seen a growth of 300.00%, and is looking to grow in the next year to 108.00%. More long term stats show that EPS growth has been -48.90% over the last five years and could be 45.50% for the next five years. Eldorado Gold Corporation has seen sales growth quarter over quarter at -14.00%, with EPS growth quarter over quarter at 104.60%. The 20-day simple moving average is -8.30%, with the 200-day simple moving average coming to -5.63%.

Since the IPO date for Eldorado Gold Corporation on the 1/23/2003, Eldorado Gold Corporation has seen performance year to date to be 21.89%. With Eldorado Gold Corporation trading at 3.51, the dividend yield is *TBA, and the EPS is -1.85.

So could Eldorado Gold Corporation, be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 3.84 and the P/B is at 0.74. The P/cash is 15.19, with P/free cash flow at *TBA.

Eldorado Gold Corporation ability to deal with debt shows that the current ratio is 4.1, and the quick ratio is 3.8. This is with long term debt/equity at 0.17, and total debt/equity at 0.18.

In terms of margins, Eldorado Gold Corporation has a gross margin of 23.00%, an operating margin of *TBA and a profit margin of *TBA.Payout ratio for Eldorado Gold Corporation is *TBA. Return on assets come to -28.80% with return on investment coming to -37.50%.

Insider ownership for Eldorado Gold Corporation, is at 0.80% and institutional ownership comes to 75.80%. Outstanding shares are at 723.99. While shares float is 714.29. The float short is currently 0.74%, and short ratio is 0.84.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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