NGD vs. HBM, MP, SGML, GSM, NEXA, CRML, LAC, MTAL, LAAC, and TMC
Should you be buying New Gold stock or one of its competitors? The main competitors of New Gold include Hudbay Minerals (HBM), MP Materials (MP), Sigma Lithium (SGML), Ferroglobe (GSM), Nexa Resources (NEXA), Critical Metals (CRML), Lithium Americas (LAC), Metals Acquisition (MTAL), Lithium Americas (Argentina) (LAAC), and TMC the metals (TMC). These companies are all part of the "metal mining" industry.
Hudbay Minerals (NYSE:HBM) and New Gold (NYSE:NGD) are both basic materials companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, dividends, analyst recommendations, media sentiment, profitability, risk, institutional ownership, community ranking and valuation.
Hudbay Minerals has higher revenue and earnings than New Gold. New Gold is trading at a lower price-to-earnings ratio than Hudbay Minerals, indicating that it is currently the more affordable of the two stocks.
Hudbay Minerals received 519 more outperform votes than New Gold when rated by MarketBeat users. However, 62.50% of users gave New Gold an outperform vote while only 60.23% of users gave Hudbay Minerals an outperform vote.
Hudbay Minerals currently has a consensus target price of $10.21, suggesting a potential upside of 4.65%. New Gold has a consensus target price of $1.94, suggesting a potential downside of 11.42%. Given New Gold's stronger consensus rating and higher probable upside, research analysts clearly believe Hudbay Minerals is more favorable than New Gold.
In the previous week, Hudbay Minerals and Hudbay Minerals both had 16 articles in the media. New Gold's average media sentiment score of 0.69 beat Hudbay Minerals' score of 0.18 indicating that Hudbay Minerals is being referred to more favorably in the media.
Hudbay Minerals has a beta of 1.88, indicating that its stock price is 88% more volatile than the S&P 500. Comparatively, New Gold has a beta of 1.53, indicating that its stock price is 53% more volatile than the S&P 500.
Hudbay Minerals has a net margin of 4.36% compared to Hudbay Minerals' net margin of -9.81%. New Gold's return on equity of 6.22% beat Hudbay Minerals' return on equity.
57.8% of Hudbay Minerals shares are owned by institutional investors. Comparatively, 42.8% of New Gold shares are owned by institutional investors. 0.3% of Hudbay Minerals shares are owned by company insiders. Comparatively, 0.2% of New Gold shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Summary
Hudbay Minerals beats New Gold on 15 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NGD and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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