Gold mining stocks have delivered a stellar rally with some companies seeing gains nearing 200% year-to-date, yet a leading macro strategist believes the sector remains significantly undervalued and is poised for historic profit margins.Gold Miners’ Valuation Shrinks Despite Stellar RallyOtavio Costa, Macro Strategist at Crescat Capital, highlighted in a recent X post that despite the impressive surge in share prices, the sector’s Price-to-Earnings (P/E) ratios have actually “contracted — a sign that mining ...