Pershing Gold (NASDAQ: PGLC) is one of 61 public companies in the “Gold Mining” industry, but how does it contrast to its rivals? We will compare Pershing Gold to similar companies based on the strength of its institutional ownership, risk, valuation, earnings, dividends, analyst recommendations and profitability.
Institutional & Insider Ownership
19.6% of Pershing Gold shares are owned by institutional investors. Comparatively, 44.2% of shares of all “Gold Mining” companies are owned by institutional investors. 36.8% of Pershing Gold shares are owned by company insiders. Comparatively, 7.9% of shares of all “Gold Mining” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Risk & Volatility
Pershing Gold has a beta of 0.91, meaning that its stock price is 9% less volatile than the S&P 500. Comparatively, Pershing Gold’s rivals have a beta of -0.13, meaning that their average stock price is 113% less volatile than the S&P 500.
This is a summary of current ratings and target prices for Pershing Gold and its rivals, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Pershing Gold Competitors||471||1833||2141||50||2.39|
Pershing Gold currently has a consensus price target of $8.00, suggesting a potential upside of 182.69%. As a group, “Gold Mining” companies have a potential upside of 53.45%. Given Pershing Gold’s stronger consensus rating and higher probable upside, research analysts clearly believe Pershing Gold is more favorable than its rivals.
This table compares Pershing Gold and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Pershing Gold Competitors||-2,998.75%||-8.66%||-3.99%|
Valuation and Earnings
This table compares Pershing Gold and its rivals top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Pershing Gold||N/A||-$15.63 million||-5.24|
|Pershing Gold Competitors||$2.41 billion||-$32.21 million||163.04|
Pershing Gold’s rivals have higher revenue, but lower earnings than Pershing Gold. Pershing Gold is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Pershing Gold beats its rivals on 7 of the 12 factors compared.
About Pershing Gold
Pershing Gold Corporation is a gold and precious metals exploration company. The Company focuses on exploration, development and mining opportunities in Nevada. The Company is focused on exploration at its Relief Canyon properties in Pershing County in northwestern Nevada. The Company operates its business directly and also through its subsidiary, Gold Acquisition Corp. Gold Acquisition Corp. owns and is engaged in conducting exploration on the Relief Canyon Mine property in northwestern Nevada. The Company is engaged in conducting exploration on the Relief Canyon expansion properties. The Relief Canyon Mine includes approximately three open pit mines, heap leach pads consisting of approximately six cells, approximately two solution ponds and a cement block constructed adsorption desorption-recovery (ADR) solution processing circuit. The Pershing Pass property includes approximately 490 lode mining claims. The Company has not generated any revenues.
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