FT vs. BKI, OGD, and ASND
Should you be buying Fortune Minerals stock or one of its competitors? The main competitors of Fortune Minerals include Black Iron (BKI), Orbit Garant Drilling (OGD), and Ascendant Resources (ASND). These companies are all part of the "other industrial metals & mining" industry.
Fortune Minerals (TSE:FT) and Black Iron (TSE:BKI) are both small-cap basic materials companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, institutional ownership, analyst recommendations, media sentiment, earnings, community ranking, profitability, valuation and dividends.
Fortune Minerals has a beta of 0.32, meaning that its share price is 68% less volatile than the S&P 500. Comparatively, Black Iron has a beta of 1.57, meaning that its share price is 57% more volatile than the S&P 500.
In the previous week, Black Iron had 2 more articles in the media than Fortune Minerals. MarketBeat recorded 3 mentions for Black Iron and 1 mentions for Fortune Minerals. Fortune Minerals' average media sentiment score of 0.21 beat Black Iron's score of -0.77 indicating that Fortune Minerals is being referred to more favorably in the media.
Fortune Minerals received 98 more outperform votes than Black Iron when rated by MarketBeat users. Likewise, 69.20% of users gave Fortune Minerals an outperform vote while only 66.00% of users gave Black Iron an outperform vote.
Black Iron has lower revenue, but higher earnings than Fortune Minerals. Fortune Minerals is trading at a lower price-to-earnings ratio than Black Iron, indicating that it is currently the more affordable of the two stocks.
14.9% of Black Iron shares are owned by institutional investors. 4.4% of Fortune Minerals shares are owned by insiders. Comparatively, 2.1% of Black Iron 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.
Fortune Minerals' return on equity of -65.96% beat Black Iron's return on equity.
Summary
Fortune Minerals and Black Iron tied by winning 6 of the 12 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding FT 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.
Fortune Minerals Competitors List
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