NG vs. IMG, EQX, AG, NVA, SKE, SVM, NSR, PPTA, NDM, and FVL
Should you be buying NovaGold Resources stock or one of its competitors? The main competitors of NovaGold Resources include IAMGOLD (IMG), Equinox Gold (EQX), First Majestic Silver (AG), NuVista Energy (NVA), Skeena Resources (SKE), Silvercorp Metals (SVM), Nomad Royalty (NSR), Perpetua Resources (PPTA), Northern Dynasty Minerals (NDM), and Freegold Ventures (FVL). These companies are all part of the "precious metals" industry.
NovaGold Resources vs.
NovaGold Resources (TSE:NG) and IAMGOLD (TSE:IMG) are both basic materials companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, media sentiment, risk, valuation, community ranking, institutional ownership, profitability, dividends and analyst recommendations.
NovaGold Resources has a beta of 1.07, indicating that its stock price is 7% more volatile than the S&P 500. Comparatively, IAMGOLD has a beta of 1.47, indicating that its stock price is 47% more volatile than the S&P 500.
IAMGOLD received 356 more outperform votes than NovaGold Resources when rated by MarketBeat users. Likewise, 52.27% of users gave IAMGOLD an outperform vote while only 25.00% of users gave NovaGold Resources an outperform vote.
NovaGold Resources currently has a consensus target price of C$7.00, suggesting a potential upside of 58.73%. IAMGOLD has a consensus target price of C$8.68, suggesting a potential upside of 8.30%. Given NovaGold Resources' higher probable upside, analysts clearly believe NovaGold Resources is more favorable than IAMGOLD.
IAMGOLD has higher revenue and earnings than NovaGold Resources. NovaGold Resources is trading at a lower price-to-earnings ratio than IAMGOLD, indicating that it is currently the more affordable of the two stocks.
IAMGOLD has a net margin of 49.57% compared to NovaGold Resources' net margin of 0.00%. NovaGold Resources' return on equity of 141.66% beat IAMGOLD's return on equity.
58.4% of NovaGold Resources shares are held by institutional investors. Comparatively, 64.8% of IAMGOLD shares are held by institutional investors. 26.5% of NovaGold Resources shares are held by insiders. Comparatively, 0.1% of IAMGOLD shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
In the previous week, IAMGOLD had 19 more articles in the media than NovaGold Resources. MarketBeat recorded 19 mentions for IAMGOLD and 0 mentions for NovaGold Resources. IAMGOLD's average media sentiment score of 0.39 beat NovaGold Resources' score of 0.00 indicating that IAMGOLD is being referred to more favorably in the news media.
Summary
IAMGOLD beats NovaGold Resources on 15 of the 18 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.
NovaGold Resources Competitors List
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This page (TSE:NG) was last updated on 3/4/2025 by MarketBeat.com Staff
