NG vs. WFT, BTO, LUG, ELD, OR, PRU, EQX, ASR, IMG, and FVI
Should you be buying NovaGold Resources stock or one of its competitors? The main competitors of NovaGold Resources include West Fraser Timber Co. Ltd. (WFT.TO) (WFT), B2Gold (BTO), Lundin Gold (LUG), Eldorado Gold (ELD), Osisko Gold Royalties (OR), Perseus Mining (PRU), Equinox Gold (EQX), Alacer Gold (ASR), IAMGOLD (IMG), and Fortuna Silver Mines (FVI). These companies are all part of the "gold" industry.
West Fraser Timber Co. Ltd. (WFT.TO) (TSE:WFT) and NovaGold Resources (TSE:NG) are both basic materials companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, community ranking, earnings, media sentiment, profitability, analyst recommendations, institutional ownership, valuation and dividends.
West Fraser Timber Co. Ltd. (WFT.TO) has higher revenue and earnings than NovaGold Resources. NovaGold Resources is trading at a lower price-to-earnings ratio than West Fraser Timber Co. Ltd. (WFT.TO), indicating that it is currently the more affordable of the two stocks.
NovaGold Resources' return on equity of 0.00% beat West Fraser Timber Co. Ltd. (WFT.TO)'s return on equity.
57.2% of NovaGold Resources shares are held by institutional investors. 26.4% of NovaGold Resources shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
In the previous week, NovaGold Resources' average media sentiment score of 0.00 equaled West Fraser Timber Co. Ltd. (WFT.TO)'saverage media sentiment score.
West Fraser Timber Co. Ltd. (WFT.TO) received 381 more outperform votes than NovaGold Resources when rated by MarketBeat users. Likewise, 69.15% of users gave West Fraser Timber Co. Ltd. (WFT.TO) an outperform vote while only 0.00% of users gave NovaGold Resources an outperform vote.
Summary
West Fraser Timber Co. Ltd. (WFT.TO) beats NovaGold Resources on 8 of the 10 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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