Analyzing Pershing Gold Corporation (PGLC) & Its Rivals

Pershing Gold Corporation (NASDAQ: PGLC) is one of 74 publicly-traded companies in the “Gold Mining” industry, but how does it contrast to its peers? We will compare Pershing Gold Corporation to similar businesses based on the strength of its earnings, valuation, profitability, dividends, institutional ownership, analyst recommendations and risk.

Earnings & Valuation

This table compares Pershing Gold Corporation and its peers gross revenue, earnings per share and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
Pershing Gold Corporation N/A -$15.63 million -4.85
Pershing Gold Corporation Competitors $2.41 billion -$32.21 million 157.87

Pershing Gold Corporation’s peers have higher revenue, but lower earnings than Pershing Gold Corporation. Pershing Gold Corporation is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Institutional & Insider Ownership

19.7% of Pershing Gold Corporation shares are held by institutional investors. Comparatively, 44.1% of shares of all “Gold Mining” companies are held by institutional investors. 39.8% of Pershing Gold Corporation shares are held by insiders. Comparatively, 8.3% of shares of all “Gold Mining” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Pershing Gold Corporation and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Pershing Gold Corporation N/A -43.00% -40.70%
Pershing Gold Corporation Competitors -2,700.76% -9.25% -4.38%

Analyst Ratings

This is a breakdown of recent ratings and price targets for Pershing Gold Corporation and its peers, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Pershing Gold Corporation 0 0 3 0 3.00
Pershing Gold Corporation Competitors 484 1840 2174 49 2.39

Pershing Gold Corporation currently has a consensus price target of $8.00, suggesting a potential upside of 179.72%. As a group, “Gold Mining” companies have a potential upside of 47.42%. Given Pershing Gold Corporation’s stronger consensus rating and higher possible upside, analysts clearly believe Pershing Gold Corporation is more favorable than its peers.

Risk and Volatility

Pershing Gold Corporation has a beta of 0.91, indicating that its stock price is 9% less volatile than the S&P 500. Comparatively, Pershing Gold Corporation’s peers have a beta of -0.21, indicating that their average stock price is 121% less volatile than the S&P 500.

Summary

Pershing Gold Corporation beats its peers on 7 of the 12 factors compared.

Pershing Gold Corporation Company Profile

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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