NFGC vs. DRD, GATO, TGB, EXK, ARMN, MUX, PPTA, VZLA, ODV, and CGAU
Should you be buying New Found Gold stock or one of its competitors? The main competitors of New Found Gold include DRDGOLD (DRD), Gatos Silver (GATO), Taseko Mines (TGB), Endeavour Silver (EXK), Aris Mining (ARMN), McEwen Mining (MUX), Perpetua Resources (PPTA), Vizsla Silver (VZLA), Osisko Development (ODV), and Centerra Gold (CGAU). These companies are all part of the "gold & silver ores" industry.
DRDGOLD (NYSE:DRD) and New Found Gold (NYSE:NFGC) are both small-cap basic materials companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, earnings, institutional ownership, media sentiment, valuation, risk, community ranking, analyst recommendations and dividends.
DRDGOLD presently has a consensus target price of $13.25, suggesting a potential upside of 65.63%. New Found Gold has a consensus target price of $9.00, suggesting a potential upside of 150.70%. Given DRDGOLD's higher possible upside, analysts clearly believe New Found Gold is more favorable than DRDGOLD.
DRDGOLD received 174 more outperform votes than New Found Gold when rated by MarketBeat users. However, 100.00% of users gave New Found Gold an outperform vote while only 60.26% of users gave DRDGOLD an outperform vote.
14.7% of DRDGOLD shares are held by institutional investors. Comparatively, 3.4% of New Found Gold shares are held by institutional investors. 1.0% of DRDGOLD shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
DRDGOLD has a beta of 1.32, suggesting that its share price is 32% more volatile than the S&P 500. Comparatively, New Found Gold has a beta of 1.21, suggesting that its share price is 21% more volatile than the S&P 500.
DRDGOLD has higher revenue and earnings than New Found Gold.
In the previous week, DRDGOLD and DRDGOLD both had 2 articles in the media. DRDGOLD's average media sentiment score of 1.38 beat New Found Gold's score of 1.31 indicating that New Found Gold is being referred to more favorably in the news media.
New Found Gold's return on equity of 0.00% beat DRDGOLD's return on equity.
Summary
DRDGOLD beats New Found Gold on 8 of the 12 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NFGC 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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