NGD vs. GSM, LAC, NEXA, LAAC, MTAL, CRML, TMC, MP, HBM, and DQ
Should you be buying New Gold stock or one of its competitors? The main competitors of New Gold include Ferroglobe (GSM), Lithium Americas (LAC), Nexa Resources (NEXA), Lithium Americas (Argentina) (LAAC), Metals Acquisition (MTAL), Critical Metals (CRML), TMC the metals (TMC), MP Materials (MP), Hudbay Minerals (HBM), and Daqo New Energy (DQ). These companies are all part of the "basic materials" sector.
Ferroglobe (NASDAQ:GSM) and New Gold (NYSE:NGD) are both small-cap basic materials companies, but which is the better business? We will compare the two companies based on the strength of their risk, institutional ownership, valuation, media sentiment, dividends, analyst recommendations, profitability, earnings and community ranking.
89.6% of Ferroglobe shares are held by institutional investors. Comparatively, 42.8% of New Gold shares are held by institutional investors. 13.1% of Ferroglobe shares are held by company insiders. Comparatively, 0.2% of New Gold shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Ferroglobe has a beta of 1.99, suggesting that its stock price is 99% more volatile than the S&P 500. Comparatively, New Gold has a beta of 1.53, suggesting that its stock price is 53% more volatile than the S&P 500.
In the previous week, Ferroglobe had 4 more articles in the media than New Gold. MarketBeat recorded 11 mentions for Ferroglobe and 7 mentions for New Gold. Ferroglobe's average media sentiment score of 0.77 beat New Gold's score of 0.38 indicating that New Gold is being referred to more favorably in the news media.
New Gold has a consensus target price of $1.64, indicating a potential downside of 23.00%. Given Ferroglobe's higher probable upside, analysts plainly believe New Gold is more favorable than Ferroglobe.
Ferroglobe has higher revenue and earnings than New Gold. New Gold is trading at a lower price-to-earnings ratio than Ferroglobe, indicating that it is currently the more affordable of the two stocks.
Ferroglobe has a net margin of 3.92% compared to Ferroglobe's net margin of -9.81%. New Gold's return on equity of 15.04% beat Ferroglobe's return on equity.
Ferroglobe received 570 more outperform votes than New Gold when rated by MarketBeat users. Likewise, 71.38% of users gave Ferroglobe an outperform vote while only 50.00% of users gave New Gold an outperform vote.
Summary
Ferroglobe beats New Gold on 13 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NGD 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 NYSE 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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