NG vs. SSRM, OSK, KRR, CXB, OLA, WDO, TXG, SEA, ORA, and NGD
Should you be buying NovaGold Resources stock or one of its competitors? The main competitors of NovaGold Resources include SSR Mining (SSRM), Osisko Mining (OSK), Karora Resources (KRR), Calibre Mining (CXB), Orla Mining (OLA), Wesdome Gold Mines (WDO), Torex Gold Resources (TXG), Seabridge Gold (SEA), Aura Minerals (ORA), and New Gold (NGD). These companies are all part of the "gold" industry.
SSR Mining (TSE:SSRM) and NovaGold Resources (TSE:NG) are both small-cap basic materials companies, but which is the better business? We will compare the two companies based on the strength of their valuation, earnings, institutional ownership, profitability, dividends, community ranking, risk, analyst recommendations and media sentiment.
66.2% of SSR Mining shares are owned by institutional investors. Comparatively, 60.0% of NovaGold Resources shares are owned by institutional investors. 1.0% of SSR Mining shares are owned by insiders. Comparatively, 26.4% of NovaGold Resources shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
SSR Mining received 210 more outperform votes than NovaGold Resources when rated by MarketBeat users. Likewise, 67.52% of users gave SSR Mining an outperform vote while only 0.00% of users gave NovaGold Resources an outperform vote.
NovaGold Resources has lower revenue, but higher earnings than SSR Mining. NovaGold Resources is trading at a lower price-to-earnings ratio than SSR Mining, indicating that it is currently the more affordable of the two stocks.
NovaGold Resources has a net margin of 0.00% compared to NovaGold Resources' net margin of -30.90%. NovaGold Resources' return on equity of -12.56% beat SSR Mining's return on equity.
In the previous week, SSR Mining and SSR Mining both had 1 articles in the media. NovaGold Resources' average media sentiment score of 0.78 beat SSR Mining's score of -0.30 indicating that SSR Mining is being referred to more favorably in the media.
SSR Mining currently has a consensus target price of C$10.96, indicating a potential upside of 39.95%. Given NovaGold Resources' higher possible upside, research analysts plainly believe SSR Mining is more favorable than NovaGold Resources.
SSR Mining has a beta of 0.86, indicating that its stock price is 14% less volatile than the S&P 500. Comparatively, NovaGold Resources has a beta of 0.88, indicating that its stock price is 12% less volatile than the S&P 500.
Summary
SSR Mining beats NovaGold Resources on 10 of the 15 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NG 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 TSE 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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