NG vs. SSRM, OSK, KRR, CXB, OLA, WDO, TXG, SEA, ORA, and NGD
Should you be buying NovaGold Resources stock or one of its competitors? The main competitors of NovaGold Resources include SSR Mining (SSRM), Osisko Mining (OSK), Karora Resources (KRR), Calibre Mining (CXB), Orla Mining (OLA), Wesdome Gold Mines (WDO), Torex Gold Resources (TXG), Seabridge Gold (SEA), Aura Minerals (ORA), and New Gold (NGD). These companies are all part of the "gold" industry.
NovaGold Resources (TSE:NG) and SSR Mining (TSE:SSRM) are both small-cap basic materials companies, but which is the superior stock? We will compare the two companies based on the strength of their media sentiment, analyst recommendations, profitability, earnings, dividends, valuation, risk, institutional ownership and community ranking.
SSR Mining has a consensus price target of C$10.96, suggesting a potential upside of 39.95%. Given SSR Mining's higher possible upside, analysts plainly believe SSR Mining is more favorable than NovaGold Resources.
NovaGold Resources has a beta of 0.88, meaning that its share price is 12% less volatile than the S&P 500. Comparatively, SSR Mining has a beta of 0.86, meaning that its share price is 14% less volatile than the S&P 500.
In the previous week, NovaGold Resources and NovaGold Resources both had 1 articles in the media. SSR Mining's average media sentiment score of 0.78 beat NovaGold Resources' score of -0.30 indicating that SSR Mining is being referred to more favorably in the news media.
NovaGold Resources has a net margin of 0.00% compared to SSR Mining's net margin of -30.90%. SSR Mining's return on equity of -12.56% beat NovaGold Resources' return on equity.
60.0% of NovaGold Resources shares are owned by institutional investors. Comparatively, 66.2% of SSR Mining shares are owned by institutional investors. 26.4% of NovaGold Resources shares are owned by company insiders. Comparatively, 1.0% of SSR Mining shares are owned by company 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.
SSR Mining received 210 more outperform votes than NovaGold Resources when rated by MarketBeat users. Likewise, 67.52% of users gave SSR Mining an outperform vote while only 0.00% of users gave NovaGold Resources an outperform vote.
NovaGold Resources has higher earnings, but lower revenue than SSR Mining. NovaGold Resources is trading at a lower price-to-earnings ratio than SSR Mining, indicating that it is currently the more affordable of the two stocks.
Summary
SSR Mining beats NovaGold Resources on 10 of the 15 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NG 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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