SSRM vs. NG, OLA, WDO, CXB, NGD, TXG, SEA, KNT, OSK, and CG
Should you be buying SSR Mining stock or one of its competitors? The main competitors of SSR Mining include NovaGold Resources (NG), Orla Mining (OLA), Wesdome Gold Mines (WDO), Calibre Mining (CXB), New Gold (NGD), Torex Gold Resources (TXG), Seabridge Gold (SEA), K92 Mining (KNT), Osisko Mining (OSK), and Centerra Gold (CG). These companies are all part of the "gold" industry.
NovaGold Resources (TSE:NG) and SSR Mining (TSE:SSRM) are both small-cap basic materials companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, media sentiment, risk, dividends, analyst recommendations, earnings, profitability and community ranking.
SSR Mining received 210 more outperform votes than NovaGold Resources when rated by MarketBeat users. Likewise, 67.52% of users gave SSR Mining an outperform vote while only 0.00% of users gave NovaGold Resources an outperform vote.
NovaGold Resources has a net margin of 0.00% compared to NovaGold Resources' net margin of -30.90%. NovaGold Resources' return on equity of -12.56% beat SSR Mining's return on equity.
NovaGold Resources has a beta of 0.88, meaning that its share price is 12% less volatile than the S&P 500. Comparatively, SSR Mining has a beta of 0.86, meaning that its share price is 14% less volatile than the S&P 500.
60.0% of NovaGold Resources shares are held by institutional investors. Comparatively, 66.2% of SSR Mining shares are held by institutional investors. 26.4% of NovaGold Resources shares are held by company insiders. Comparatively, 1.0% of SSR Mining shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
In the previous week, NovaGold Resources and NovaGold Resources both had 1 articles in the media. NovaGold Resources' average media sentiment score of 0.78 beat SSR Mining's score of -0.30 indicating that SSR Mining is being referred to more favorably in the news media.
NovaGold Resources has higher earnings, but lower revenue than SSR Mining. NovaGold Resources is trading at a lower price-to-earnings ratio than SSR Mining, indicating that it is currently the more affordable of the two stocks.
SSR Mining has a consensus price target of C$10.96, suggesting a potential upside of 39.95%. Given NovaGold Resources' higher possible upside, analysts plainly believe SSR Mining is more favorable than NovaGold Resources.
Summary
SSR Mining beats NovaGold Resources on 10 of the 15 factors compared between the two stocks.
This chart shows the number of new MarketBeat users adding SSRM 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.
SSR Mining Competitors List
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