NGD vs. WDO, TXG, OLA, SEA, SSRM, KNT, CG, NG, CXB, and DPM
Should you be buying New Gold stock or one of its competitors? The main competitors of New Gold include Wesdome Gold Mines (WDO), Torex Gold Resources (TXG), Orla Mining (OLA), Seabridge Gold (SEA), SSR Mining (SSRM), K92 Mining (KNT), Centerra Gold (CG), NovaGold Resources (NG), Calibre Mining (CXB), and Dundee Precious Metals (DPM). These companies are all part of the "gold" industry.
Wesdome Gold Mines (TSE:WDO) and New Gold (TSE:NGD) are both small-cap basic materials companies, but which is the better stock? We will contrast the two businesses based on the strength of their media sentiment, earnings, profitability, risk, community ranking, analyst recommendations, valuation, institutional ownership and dividends.
Wesdome Gold Mines has a net margin of -1.86% compared to Wesdome Gold Mines' net margin of -8.20%. New Gold's return on equity of -1.50% beat Wesdome Gold Mines' return on equity.
Wesdome Gold Mines received 256 more outperform votes than New Gold when rated by MarketBeat users. Likewise, 64.79% of users gave Wesdome Gold Mines an outperform vote while only 40.65% of users gave New Gold an outperform vote.
49.1% of Wesdome Gold Mines shares are owned by institutional investors. Comparatively, 50.9% of New Gold shares are owned by institutional investors. 0.3% of Wesdome Gold Mines shares are owned by insiders. Comparatively, 5.8% of New Gold shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Wesdome Gold Mines has a beta of 0.75, indicating that its share price is 25% less volatile than the S&P 500. Comparatively, New Gold has a beta of 1.52, indicating that its share price is 52% more volatile than the S&P 500.
Wesdome Gold Mines currently has a consensus price target of C$11.33, indicating a potential upside of 3.79%. New Gold has a consensus price target of C$2.39, indicating a potential downside of 4.12%. Given New Gold's higher probable upside, analysts plainly believe Wesdome Gold Mines is more favorable than New Gold.
Wesdome Gold Mines has higher earnings, but lower revenue than New Gold. Wesdome Gold Mines is trading at a lower price-to-earnings ratio than New Gold, indicating that it is currently the more affordable of the two stocks.
In the previous week, New Gold had 1 more articles in the media than Wesdome Gold Mines. MarketBeat recorded 14 mentions for New Gold and 13 mentions for Wesdome Gold Mines. New Gold's average media sentiment score of 0.88 beat Wesdome Gold Mines' score of 0.43 indicating that Wesdome Gold Mines is being referred to more favorably in the media.
Summary
Wesdome Gold Mines beats New Gold on 10 of the 18 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 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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