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Barrick Gold Corp (GOLD) Stock: How Does it Score on Fundamental Metrics?

Friday, August 19, 2022 10:35 AM | InvestorsObserver Analysts

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Barrick Gold Corp (GOLD) Stock: How Does it Score on Fundamental Metrics?

Barrick Gold Corp (GOLD) receives a weak valuation ranking of 5 from InvestorsObserver data analysis. The proprietary ranking system focuses on the underlying health of a company through analysis of its stock price, earnings, and growth rate. GOLD has a better value than 5% of stocks based on these valuation analytics. Investors primarily focused on buy-and-hold strategies will find the valuation ranking relevant to their goals when making investment decisions.

Valuation Rank - 5
GOLD gets a 5 Valuation Rank today. Find out what this means to you and get the rest of the rankings on GOLD!

Metrics Analysis

GOLD's trailing-12-month Price to Earnings (PE) ratio of 14.5 puts it around the historical average of roughly 15. GOLD is a average value at its current trading price as investors are paying around what its worth in relation to the company's earnings. GOLD's trailing-12-month earnings per share (EPS) of -1.21 does justify what it is currently trading at in the market. Trailing PE ratios, however, do not factor in a company's projected growth rate, resulting in some firms having high PE ratios due to high growth potentially enticing investors even if current earnings are low.
GOLD has a 12 month forward PE to Growth (PEG) ratio of 8.04. Markets are overvaluing GOLD in relation to its projected growth as its PEG ratio is currently above the fair market value of 1. -1.21000003's PEG comes from its forward price to earnings ratio being divided by its growth rate. PEG ratios are one of the most used valuation metrics due to its incorporation of more company fundamentals metrics and a focus on the firm's future rather than its past.

Summary

GOLD' has a weak valuation at its current share price on account of a overvalued PEG ratio due to strong growth. GOLD's PE and PEG are worse than the market average leading to a below average valuation score. Click Here to get the full Report on Barrick Gold Corp (GOLD) stock.

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