NEXT vs. NFG, NOU, GMP, JE, AT, HOU, RMP, EAS, SXE, and SRE
Should you be buying NextSource Materials stock or one of its competitors? The main competitors of NextSource Materials include New Found Gold (NFG), Nouveau Monde Graphite (NOU), GMP Capital Inc. (GMP.TO) (GMP), Just Energy Group (JE), AcuityAds (AT), BetaPro Crude Oil Daily Bull ETF (HOU), RMP Energy (RMP), Baru Gold Corp. (EAS.V) (EAS), Strata-X Energy (SXE), and Saville Resources (SRE). These companies are all part of the "utilities" industry.
NextSource Materials vs.
NextSource Materials (TSE:NEXT) and New Found Gold (CVE:NFG) are both small-cap basic materials companies, but which is the better investment? We will contrast the two businesses based on the strength of their institutional ownership, media sentiment, community ranking, risk, valuation, analyst recommendations, dividends, earnings and profitability.
NextSource Materials currently has a consensus price target of C$1.00, suggesting a potential upside of 20.48%. Given NextSource Materials' stronger consensus rating and higher possible upside, research analysts plainly believe NextSource Materials is more favorable than New Found Gold.
NextSource Materials received 102 more outperform votes than New Found Gold when rated by MarketBeat users.
NextSource Materials' return on equity of -23.22% beat New Found Gold's return on equity.
NextSource Materials is trading at a lower price-to-earnings ratio than New Found Gold, indicating that it is currently the more affordable of the two stocks.
4.3% of New Found Gold shares are owned by institutional investors. 48.6% of NextSource Materials shares are owned by insiders. Comparatively, 44.1% of New Found Gold shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
In the previous week, New Found Gold had 2 more articles in the media than NextSource Materials. MarketBeat recorded 2 mentions for New Found Gold and 0 mentions for NextSource Materials. New Found Gold's average media sentiment score of 0.58 beat NextSource Materials' score of 0.00 indicating that New Found Gold is being referred to more favorably in the news media.
NextSource Materials has a beta of 2.1, suggesting that its stock price is 110% more volatile than the S&P 500. Comparatively, New Found Gold has a beta of 0.56, suggesting that its stock price is 44% less volatile than the S&P 500.
Summary
NextSource Materials beats New Found Gold on 10 of the 14 factors compared between the two stocks.
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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.
Media Sentiment Over Time
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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This page (TSE:NEXT) was last updated on 1/18/2025 by MarketBeat.com Staff
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