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New Gold (NGD) Competitors

New Gold logo
C$3.62 0.00 (0.00%)
(As of 12/24/2024 01:21 PM ET)

NGD vs. AGI, PAAS, YRI, LUG, EDV, WFT, OR, BTO, ELD, and IMG

Should you be buying New Gold stock or one of its competitors? The main competitors of New Gold include Alamos Gold (AGI), Pan American Silver (PAAS), Yamana Gold (YRI), Lundin Gold (LUG), Endeavour Mining (EDV), West Fraser Timber Co. Ltd. (WFT.TO) (WFT), Osisko Gold Royalties (OR), B2Gold (BTO), Eldorado Gold (ELD), and IAMGOLD (IMG). These companies are all part of the "gold" industry.

New Gold vs.

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

Alamos Gold received 331 more outperform votes than New Gold when rated by MarketBeat users. Likewise, 61.89% of users gave Alamos Gold an outperform vote while only 41.28% of users gave New Gold an outperform vote.

CompanyUnderperformOutperform
New GoldOutperform Votes
270
41.28%
Underperform Votes
384
58.72%
Alamos GoldOutperform Votes
601
61.89%
Underperform Votes
370
38.11%

61.8% of New Gold shares are owned by institutional investors. Comparatively, 69.8% of Alamos Gold shares are owned by institutional investors. 4.9% of New Gold shares are owned by insiders. Comparatively, 0.3% of Alamos 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.

New Gold has a beta of 1.59, indicating that its stock price is 59% more volatile than the S&P 500. Comparatively, Alamos Gold has a beta of 1.1, indicating that its stock price is 10% more volatile than the S&P 500.

Alamos Gold has a net margin of 17.72% compared to New Gold's net margin of -2.53%. Alamos Gold's return on equity of 6.72% beat New Gold's return on equity.

Company Net Margins Return on Equity Return on Assets
New Gold-2.53% -2.23% 1.80%
Alamos Gold 17.72%6.72%5.85%

In the previous week, Alamos Gold had 3 more articles in the media than New Gold. MarketBeat recorded 4 mentions for Alamos Gold and 1 mentions for New Gold. Alamos Gold's average media sentiment score of 1.51 beat New Gold's score of 0.37 indicating that Alamos Gold is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
New Gold
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Alamos Gold
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

New Gold currently has a consensus price target of C$3.71, suggesting a potential upside of 2.49%. Alamos Gold has a consensus price target of C$26.50, suggesting a potential upside of 0.42%. Given New Gold's stronger consensus rating and higher possible upside, equities research analysts clearly believe New Gold is more favorable than Alamos Gold.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
New Gold
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
3 Strong Buy rating(s)
3.25
Alamos Gold
0 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
2 Strong Buy rating(s)
3.10

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
New GoldC$810.80M3.53-C$20.50M-C$0.04-90.50
Alamos GoldC$1.12B9.89C$198.70MC$0.6838.81

Summary

Alamos Gold beats New Gold on 14 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 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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NGD vs. The Competition

MetricNew GoldGold IndustryMaterials SectorTSE Exchange
Market CapC$2.86BC$1.47BC$2.87BC$6.09B
Dividend Yield0.92%5.98%5.05%5.40%
P/E Ratio-90.50146.78110.1125.75
Price / Sales3.533,411.80921,753.071,278.31
Price / Cash3.3221.9024.4982.48
Price / Book2.994.623.453.13
Net Income-C$20.50MC$3.42MC$153.24MC$294.08M
7 Day Performance-0.28%-0.03%0.25%1.47%
1 Month Performance-2.69%33.54%8.73%14.00%
1 Year Performance78.33%63.64%17.22%34.83%

New Gold Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NGD
New Gold
0.4602 of 5 stars
C$3.62
flat
C$3.71
+2.5%
+78.3%C$2.86BC$810.80M-90.501,337
AGI
Alamos Gold
1.969 of 5 stars
C$26.48
+0.7%
C$26.50
+0.1%
+42.7%C$11.11BC$1.12B38.942,400Positive News
PAAS
Pan American Silver
1.7708 of 5 stars
C$29.88
+1.1%
C$44.25
+48.1%
+34.3%C$10.85BC$2.57B-53.3613,000
YRI
Yamana Gold
N/AN/AN/AN/AC$7.59BC$1.81B-5.7211,600High Trading Volume
LUG
Lundin Gold
1.377 of 5 stars
C$31.41
+0.7%
C$32.55
+3.6%
+82.0%C$7.54BC$930.03M24.351,645
EDV
Endeavour Mining
1.0515 of 5 stars
C$26.15
+0.4%
C$30.67
+17.3%
N/AC$6.37BC$2.14B-26.153,786Positive News
WFT
West Fraser Timber Co. Ltd. (WFT.TO)
N/AN/AN/AN/AC$5.63BC$5.29B15.298,200High Trading Volume
OR
Osisko Gold Royalties
1.2735 of 5 stars
C$26.41
+0.9%
C$30.25
+14.5%
+35.2%C$4.92BC$252.83M-52.8230Analyst Revision
News Coverage
BTO
B2Gold
2.9227 of 5 stars
C$3.61
+1.1%
C$5.66
+56.9%
-17.3%C$4.73BC$1.94B-21.242,719News Coverage
ELD
Eldorado Gold
0.6865 of 5 stars
C$21.85
flat
C$23.61
+8.1%
+23.0%C$4.47BC$1.11B18.214,700
IMG
IAMGOLD
2.7432 of 5 stars
C$7.49
+0.4%
C$8.43
+12.5%
+112.0%C$4.27BC$1.25B23.415,360

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This page (TSE:NGD) was last updated on 12/25/2024 by MarketBeat.com Staff
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