| Is Bandera Gold Ltd (CVE:BGL) A Basic Materials Leader? | |
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TSXV:BGL PE PEG Gauge Dec 25th 17 The metals and mining industry is trading at a PE ratio of 12x, below the broader Canadian stock market PE of 17x. This means the industry, on average, is relatively undervalued compared to the wider market – a potential mispricing opportunity here! Though, the industry returned a similar 7.18% on equities compared to the market’s 9.17%. On the stock-level, Bandera Gold is trading at a lower PE ratio of 5x, making it cheaper than the average metals and mining stock. What this means for you:Are you a shareholder? Metals and mining stocks are currently expected to grow faster than the average stock on the index. This means if you’re overweight in this sector, your portfolio will be tilted towards high-growth. Furthermore, the sector is trading at a discount to the market, providing an opportune time to accumulate more shares in metals and mining. Are you a potential investor? If you’ve been keeping an eye on the metals and mining sector, now is the right time to dive deeper into the stock-level. Given the high growth prospects, as well as the lower PE relative to the broader market, there is plenty of opportunity to profit from growth in addition to undervaluation. For a deeper dive into Bandera Gold’s stock, take a look at the company’s latest free analysis report to find out more on its financial health and other fundamentals. Interested in other basic materials stocks instead? Use our free playform to see my list of over 2000 other basic materials companies trading on the market.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
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PRODUCER |
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CODE : BGL.V |
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ISIN : CA0598421042 |
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Bandera Gold is a gold producing company based in . Bandera Gold produces gold, silver in Australia and in Mexico. Its main assets in production are CINCO MINAS in Mexico and JAURDI HILLS in Australia and its main exploration property is FORT LA CORNE in Canada. Bandera Gold is listed in Canada. Its market capitalisation is CA$ 421 050 as of today (US$ 319 074, € 273 095). Its stock quote reached its highest recent level on January 12, 2007 at CA$ 1.50, and its lowest recent point on August 31, 2016 at CA$ 0.01. Bandera Gold has 12 030 000 shares outstanding. |