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NovaGold Resources (NG) Competitors

NovaGold Resources logo
C$5.07 +0.02 (+0.40%)
(As of 11/22/2024 ET)

NG vs. OR, IMG, EQX, NVA, AG, SKE, SVM, PPTA, NSR, and AEM

Should you be buying NovaGold Resources stock or one of its competitors? The main competitors of NovaGold Resources include Osisko Gold Royalties (OR), IAMGOLD (IMG), Equinox Gold (EQX), NuVista Energy (NVA), First Majestic Silver (AG), Skeena Resources (SKE), Silvercorp Metals (SVM), Perpetua Resources (PPTA), Nomad Royalty (NSR), and Agnico Eagle Mines (AEM). These companies are all part of the "precious metals" industry.

NovaGold Resources vs.

Osisko Gold Royalties (TSE:OR) and NovaGold Resources (TSE:NG) are both basic materials companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, institutional ownership, profitability, community ranking, media sentiment, analyst recommendations, risk, dividends and valuation.

81.5% of Osisko Gold Royalties shares are owned by institutional investors. Comparatively, 58.4% of NovaGold Resources shares are owned by institutional investors. 0.4% of Osisko Gold Royalties shares are owned by insiders. Comparatively, 26.5% of NovaGold Resources shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

NovaGold Resources has lower revenue, but higher earnings than Osisko Gold Royalties. Osisko Gold Royalties is trading at a lower price-to-earnings ratio than NovaGold Resources, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Osisko Gold RoyaltiesC$252.83M20.71-C$93.19M-C$0.50-56.22
NovaGold ResourcesN/AN/A-C$45.18M-C$0.19-26.68

Osisko Gold Royalties presently has a consensus target price of C$29.63, suggesting a potential upside of 5.39%. NovaGold Resources has a consensus target price of C$7.00, suggesting a potential upside of 38.07%. Given NovaGold Resources' higher probable upside, analysts clearly believe NovaGold Resources is more favorable than Osisko Gold Royalties.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Osisko Gold Royalties
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.71
NovaGold Resources
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.67

In the previous week, Osisko Gold Royalties had 2 more articles in the media than NovaGold Resources. MarketBeat recorded 3 mentions for Osisko Gold Royalties and 1 mentions for NovaGold Resources. NovaGold Resources' average media sentiment score of 0.67 beat Osisko Gold Royalties' score of 0.42 indicating that NovaGold Resources is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Osisko Gold Royalties
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
NovaGold Resources
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Osisko Gold Royalties received 389 more outperform votes than NovaGold Resources when rated by MarketBeat users. Likewise, 62.20% of users gave Osisko Gold Royalties an outperform vote while only 25.00% of users gave NovaGold Resources an outperform vote.

CompanyUnderperformOutperform
Osisko Gold RoyaltiesOutperform Votes
390
62.20%
Underperform Votes
237
37.80%
NovaGold ResourcesOutperform Votes
1
25.00%
Underperform Votes
3
75.00%

NovaGold Resources has a net margin of 0.00% compared to Osisko Gold Royalties' net margin of -36.86%. Osisko Gold Royalties' return on equity of -5.46% beat NovaGold Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Osisko Gold Royalties-36.86% -5.46% 1.43%
NovaGold Resources N/A -1,791.48%-12.05%

Osisko Gold Royalties has a beta of 0.9, indicating that its stock price is 10% less volatile than the S&P 500. Comparatively, NovaGold Resources has a beta of 1.07, indicating that its stock price is 7% more volatile than the S&P 500.

Summary

Osisko Gold Royalties and NovaGold Resources tied by winning 9 of the 18 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 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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NG vs. The Competition

MetricNovaGold ResourcesGold IndustryMaterials SectorTSE Exchange
Market CapC$1.70BC$1.50BC$2.96BC$6.32B
Dividend YieldN/A5.85%5.28%5.43%
P/E Ratio-26.68165.61118.4624.34
Price / SalesN/A2,914.35600,982.481,474.73
Price / CashN/A21.6723.7285.36
Price / Book-46.093.553.202.79
Net Income-C$45.18MC$2.43MC$151.33MC$293.60M
7 Day Performance6.07%2.93%1.76%2.24%
1 Month Performance-6.46%-5.35%-4.67%-0.15%
1 Year PerformanceN/A50.84%23.42%33.91%

NovaGold Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NG
NovaGold Resources
2.0985 of 5 stars
C$5.07
+0.4%
C$7.00
+38.1%
N/AC$1.70BN/A-26.6810
OR
Osisko Gold Royalties
0.4729 of 5 stars
C$27.72
0.0%
C$29.63
+6.9%
+47.5%C$5.16BC$252.83M-55.4430
IMG
IAMGOLD
2.0574 of 5 stars
C$7.95
+2.1%
C$7.29
-8.3%
+142.1%C$4.53BC$1.25B24.345,360Insider Trade
News Coverage
EQX
Equinox Gold
N/AC$8.00
+4.4%
N/A+20.3%C$3.63BC$1.09B9.887,730News Coverage
NVA
NuVista Energy
3.0331 of 5 stars
C$14.17
+5.8%
C$15.97
+12.7%
+15.4%C$2.92BC$1.23B8.8088Insider Trade
High Trading Volume
AG
First Majestic Silver
0.0059 of 5 stars
C$9.01
-1.5%
C$7.25
-19.5%
N/AC$2.72BC$512.34M-25.425,290Dividend Announcement
SKE
Skeena Resources
2.4464 of 5 stars
C$12.59
+4.1%
C$16.96
+34.7%
+126.0%C$1.34BN/A-8.2360
SVM
Silvercorp Metals
3.3517 of 5 stars
C$4.71
-5.4%
C$7.25
+53.9%
+47.8%C$1.02BC$227.35M12.461,330Positive News
Gap Down
High Trading Volume
PPTA
Perpetua Resources
2.0549 of 5 stars
N/AC$19.00
+∞
+227.6%C$888.90MN/A-46.5533
NSR
Nomad Royalty
N/AN/AN/AN/AC$594.42MC$31.28M967.006
AEM
Agnico Eagle Mines
1.6706 of 5 stars
C$116.76
+0.8%
C$116.00
-0.7%
+73.7%C$58.50BC$7.31B72.9811,800Insider Trade

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This page (TSE:NG) was last updated on 11/23/2024 by MarketBeat.com Staff
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