OGC vs. SSL, EQX, FVI, DPM, CG, IMG, CEE, SEA, KNT, and OLA
Should you be buying OceanaGold stock or one of its competitors? The main competitors of OceanaGold include Sandstorm Gold (SSL), Equinox Gold (EQX), Fortuna Silver Mines (FVI), Dundee Precious Metals (DPM), Centerra Gold (CG), IAMGOLD (IMG), Centamin (CEE), Seabridge Gold (SEA), K92 Mining (KNT), and Orla Mining (OLA). These companies are all part of the "gold" industry.
OceanaGold (TSE:OGC) and Sandstorm Gold (TSE:SSL) are both mid-cap basic materials companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, risk, earnings, dividends, analyst recommendations, community ranking, institutional ownership, profitability and media sentiment.
In the previous week, OceanaGold had 7 more articles in the media than Sandstorm Gold. MarketBeat recorded 9 mentions for OceanaGold and 2 mentions for Sandstorm Gold. OceanaGold's average media sentiment score of 0.11 beat Sandstorm Gold's score of -0.45 indicating that OceanaGold is being referred to more favorably in the media.
58.9% of OceanaGold shares are owned by institutional investors. Comparatively, 62.6% of Sandstorm Gold shares are owned by institutional investors. 0.1% of OceanaGold shares are owned by insiders. Comparatively, 1.2% of Sandstorm Gold shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
OceanaGold pays an annual dividend of C$0.03 per share and has a dividend yield of 1.0%. Sandstorm Gold pays an annual dividend of C$0.08 per share and has a dividend yield of 1.1%. OceanaGold pays out 42.9% of its earnings in the form of a dividend. Sandstorm Gold pays out 42.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Sandstorm Gold is clearly the better dividend stock, given its higher yield and lower payout ratio.
Sandstorm Gold has lower revenue, but higher earnings than OceanaGold. Sandstorm Gold is trading at a lower price-to-earnings ratio than OceanaGold, indicating that it is currently the more affordable of the two stocks.
OceanaGold has a beta of 1.61, suggesting that its share price is 61% more volatile than the S&P 500. Comparatively, Sandstorm Gold has a beta of 1.09, suggesting that its share price is 9% more volatile than the S&P 500.
Sandstorm Gold received 220 more outperform votes than OceanaGold when rated by MarketBeat users. Likewise, 67.35% of users gave Sandstorm Gold an outperform vote while only 47.37% of users gave OceanaGold an outperform vote.
OceanaGold presently has a consensus target price of C$4.17, suggesting a potential upside of 41.24%. Sandstorm Gold has a consensus target price of C$9.42, suggesting a potential upside of 26.57%. Given OceanaGold's higher possible upside, research analysts clearly believe OceanaGold is more favorable than Sandstorm Gold.
Sandstorm Gold has a net margin of 23.22% compared to OceanaGold's net margin of 3.69%. Sandstorm Gold's return on equity of 2.95% beat OceanaGold's return on equity.
Summary
Sandstorm Gold beats OceanaGold on 11 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding OGC 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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