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New Gold (NGD) Competitors

New Gold logo
$2.51 +0.03 (+1.21%)
(As of 12/20/2024 05:31 PM ET)

NGD vs. KNF, NXE, HBM, MP, AESI, ERO, SGML, LEU, UUUU, and MTAL

Should you be buying New Gold stock or one of its competitors? The main competitors of New Gold include Knife River (KNF), NexGen Energy (NXE), Hudbay Minerals (HBM), MP Materials (MP), Atlas Energy Solutions (AESI), Ero Copper (ERO), Sigma Lithium (SGML), Centrus Energy (LEU), Energy Fuels (UUUU), and Metals Acquisition (MTAL). These companies are all part of the "non-metallic and industrial metal mining" industry.

New Gold vs.

New Gold (NYSE:NGD) and Knife River (NYSE:KNF) are both basic materials companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, dividends, valuation, profitability, risk, community ranking, analyst recommendations, media sentiment and institutional ownership.

Knife River has higher revenue and earnings than New Gold. Knife River is trading at a lower price-to-earnings ratio than New Gold, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
New Gold$861.50M2.30-$64.50M$0.02125.50
Knife River$2.89B2.07$182.87M$3.4930.29

New Gold presently has a consensus target price of $3.41, indicating a potential upside of 35.96%. Knife River has a consensus target price of $95.33, indicating a potential downside of 9.82%. Given New Gold's stronger consensus rating and higher probable upside, research analysts plainly believe New Gold is more favorable than Knife River.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
New Gold
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
2 Strong Buy rating(s)
3.17
Knife River
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.86

42.8% of New Gold shares are owned by institutional investors. Comparatively, 80.1% of Knife River shares are owned by institutional investors. 0.2% of New Gold shares are owned by company insiders. Comparatively, 0.6% of Knife River shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

New Gold received 4 more outperform votes than Knife River when rated by MarketBeat users. However, 78.57% of users gave Knife River an outperform vote while only 62.50% of users gave New Gold an outperform vote.

CompanyUnderperformOutperform
New GoldOutperform Votes
15
62.50%
Underperform Votes
9
37.50%
Knife RiverOutperform Votes
11
78.57%
Underperform Votes
3
21.43%

Knife River has a net margin of 6.89% compared to New Gold's net margin of 2.33%. Knife River's return on equity of 15.22% beat New Gold's return on equity.

Company Net Margins Return on Equity Return on Assets
New Gold2.33% 9.38% 3.87%
Knife River 6.89%15.22%7.46%

In the previous week, Knife River had 6 more articles in the media than New Gold. MarketBeat recorded 11 mentions for Knife River and 5 mentions for New Gold. Knife River's average media sentiment score of 1.04 beat New Gold's score of 0.66 indicating that Knife River is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
New Gold
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Knife River
8 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

New Gold has a beta of 1.32, meaning that its share price is 32% more volatile than the S&P 500. Comparatively, Knife River has a beta of 0.7, meaning that its share price is 30% less volatile than the S&P 500.

Summary

Knife River beats New Gold on 12 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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NGD vs. The Competition

MetricNew GoldMetal mining IndustryMaterials SectorNYSE Exchange
Market Cap$1.99B$6.86B$2.81B$19.18B
Dividend YieldN/A4.15%5.22%3.59%
P/E Ratio125.507.78111.9841.28
Price / Sales2.3060.93782,614.3317.59
Price / Cash7.4620.9224.1421.28
Price / Book2.182.713.395.32
Net Income-$64.50M$574.20M$152.93M$989.88M
7 Day Performance-9.39%-5.57%-2.91%-3.54%
1 Month Performance-12.39%-9.49%1.38%-3.68%
1 Year PerformanceN/A5.02%17.74%12.14%

New Gold Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NGD
New Gold
2.9381 of 5 stars
$2.51
+1.2%
$3.41
+36.0%
N/A$1.99B$861.50M125.501,578Options Volume
News Coverage
KNF
Knife River
1.9661 of 5 stars
$105.10
+2.7%
$95.33
-9.3%
+64.4%$5.95B$2.89B29.984,389Positive News
NXE
NexGen Energy
1.2069 of 5 stars
$7.39
-1.5%
N/A+4.8%$4.18BN/A50.0077Positive News
HBM
Hudbay Minerals
4.6168 of 5 stars
$8.53
-1.5%
$11.17
+30.9%
+50.9%$3.36B$2.04B37.652,708Analyst Revision
News Coverage
MP
MP Materials
3.5011 of 5 stars
$18.74
-3.3%
$22.10
+17.9%
-12.8%$3.06B$184.07M-35.87490Positive News
AESI
Atlas Energy Solutions
3.8518 of 5 stars
$22.87
-1.3%
$24.67
+7.9%
+27.8%$2.52B$925.76M29.32490Insider Trade
News Coverage
ERO
Ero Copper
3.8736 of 5 stars
$13.74
+0.4%
$26.33
+91.7%
-18.5%$1.42B$464.13M80.533,374
SGML
Sigma Lithium
1.7848 of 5 stars
$11.48
-3.9%
$24.50
+113.4%
-65.2%$1.28B$134.24M-24.90250News Coverage
Positive News
LEU
Centrus Energy
3.2188 of 5 stars
$73.66
+1.7%
$92.00
+24.9%
+27.9%$1.21B$320.20M15.26280Positive News
UUUU
Energy Fuels
2.2911 of 5 stars
$5.85
-2.0%
$8.50
+45.3%
N/A$1.15B$38.66M-27.14179Insider Trade
News Coverage
MTAL
Metals Acquisition
3.3282 of 5 stars
$11.86
-2.8%
$15.50
+30.7%
+0.0%$878.51M$322.58M0.002,021

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This page (NYSE:NGD) was last updated on 12/21/2024 by MarketBeat.com Staff
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