GoldMining (GLDG)
(Delayed Data from AMEX)
$0.80 USD
+0.01 (0.84%)
Updated Aug 9, 2024 04:00 PM ET
After-Market: $0.80 0.00 (-0.12%) 7:58 PM ET
3-Hold of 5 3
F Value C Growth C Momentum F VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
GLDG 0.80 +0.01(0.84%)
Will GLDG be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for GLDG based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for GLDG
Is GoldMining (GLDG) Stock Outpacing Its Basic Materials Peers This Year?
GLDG: What are Zacks experts saying now?
Zacks Private Portfolio Services
Other News for GLDG
GoldMining Confirms Additional Mineralization at the S?o Jorge Project, Brazil, Including 19 Metres Grading 1.24 g/t Gold
U.S. GoldMining Commences Drilling at the Whistler Gold-Copper Project, Alaska
GoldMining Intersects 37 Metres Grading 2.26 g/t Gold Within Mineralized Corridor of 163 Metres Grading 1.02 g/t Gold at the S?o Jorge Project, Brazil
GoldMining Inc. Unveils High-Grade Gold Find in Brazil
GoldMining announces assay results from drilling program at Sao Jorge project