Benzinga·2025-10-07 08:31Core Insights - The recent surge in gold prices is driving momentum for gold mining stocks, with three companies—Galiano Gold Inc., McEwen Inc., and Seabridge Gold Inc.—ranking highly in momentum metrics as gold approaches the $4,000 mark [1][2] - Experts believe that the rally in gold mining stocks is just the beginning, as these stocks remain undervalued despite significant price increases [7][8] Company Performance - Galiano Gold Inc. (GAU) has seen its momentum score rise from 88.5 to 92.04, reflecting a year-to-date increase of 92.37% and an 82.61% increase over the past year [10] - McEwen Inc. (MUX) improved its momentum percentile from 89.91 to 93.83, although it has experienced a decline of 121.55% year-to-date and 87.69% over the past year [10] - Seabridge Gold Inc. (SA) increased its momentum score from 86.57 to 90.78, with a year-to-date rise of 105.32% and a 48.38% increase over the past year [10] Valuation Insights - Despite a 140% increase in mining stocks this year, their price-to-earnings ratios are contracting, indicating that earnings are growing faster than share prices [8][11] - Analysts predict that if gold prices remain high, gold miners could achieve the highest profit margins in industry history, enhancing their investment appeal [12]