SLS vs. GGD, EDR, PPTA, PTM, SIL, ORA, MDI, SVM, MUX, and IFP
Should you be buying Solaris Resources stock or one of its competitors? The main competitors of Solaris Resources include GoGold Resources (GGD), Endeavour Silver (EDR), Perpetua Resources (PPTA), Platinum Group Metals (PTM), SilverCrest Metals (SIL), Aura Minerals (ORA), Major Drilling Group International (MDI), Silvercorp Metals (SVM), McEwen Mining (MUX), and Interfor (IFP). These companies are all part of the "basic materials" sector.
Solaris Resources (TSE:SLS) and GoGold Resources (TSE:GGD) 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 valuation, dividends, risk, institutional ownership, analyst recommendations, media sentiment, community ranking, earnings and profitability.
In the previous week, Solaris Resources and Solaris Resources both had 2 articles in the media. GoGold Resources' average media sentiment score of 0.15 beat Solaris Resources' score of 0.00 indicating that GoGold Resources is being referred to more favorably in the news media.
14.5% of Solaris Resources shares are owned by institutional investors. Comparatively, 29.6% of GoGold Resources shares are owned by institutional investors. 45.7% of Solaris Resources shares are owned by company insiders. Comparatively, 6.4% of GoGold Resources shares are owned by company 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.
Solaris Resources has a net margin of 0.00% compared to GoGold Resources' net margin of -16.82%. GoGold Resources' return on equity of -1.84% beat Solaris Resources' return on equity.
Solaris Resources has a beta of 2, meaning that its share price is 100% more volatile than the S&P 500. Comparatively, GoGold Resources has a beta of 1.36, meaning that its share price is 36% more volatile than the S&P 500.
Solaris Resources currently has a consensus target price of C$15.60, indicating a potential upside of 197.71%. GoGold Resources has a consensus target price of C$3.27, indicating a potential upside of 85.61%. Given Solaris Resources' higher probable upside, equities research analysts clearly believe Solaris Resources is more favorable than GoGold Resources.
GoGold Resources received 116 more outperform votes than Solaris Resources when rated by MarketBeat users. Likewise, 83.55% of users gave GoGold Resources an outperform vote while only 47.83% of users gave Solaris Resources an outperform vote.
GoGold Resources has higher revenue and earnings than Solaris Resources. GoGold Resources is trading at a lower price-to-earnings ratio than Solaris Resources, indicating that it is currently the more affordable of the two stocks.
Summary
GoGold Resources beats Solaris Resources on 9 of the 15 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SLS 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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