SSRM vs. NG, OLA, WDO, CXB, NGD, TXG, SEA, KNT, OSK, and CG
Should you be buying SSR Mining stock or one of its competitors? The main competitors of SSR Mining include NovaGold Resources (NG), Orla Mining (OLA), Wesdome Gold Mines (WDO), Calibre Mining (CXB), New Gold (NGD), Torex Gold Resources (TXG), Seabridge Gold (SEA), K92 Mining (KNT), Osisko Mining (OSK), and Centerra Gold (CG). These companies are all part of the "gold" industry.
SSR Mining (TSE:SSRM) and NovaGold Resources (TSE:NG) 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 profitability, risk, dividends, valuation, media sentiment, analyst recommendations, earnings, institutional ownership and community ranking.
SSR Mining currently has a consensus target price of C$10.96, suggesting a potential upside of 39.95%. Given SSR Mining's higher probable upside, analysts clearly believe SSR Mining is more favorable than NovaGold Resources.
66.2% of SSR Mining shares are held by institutional investors. Comparatively, 60.0% of NovaGold Resources shares are held by institutional investors. 1.0% of SSR Mining shares are held by company insiders. Comparatively, 26.4% of NovaGold Resources shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
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.
In the previous week, SSR Mining and SSR Mining 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 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.
SSR Mining has a beta of 0.86, suggesting that its stock price is 14% less volatile than the S&P 500. Comparatively, NovaGold Resources has a beta of 0.88, suggesting that its stock price is 12% less volatile than the S&P 500.
NovaGold Resources has lower revenue, but higher earnings 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.
Get SSR Mining News Delivered to You Automatically
Sign up to receive the latest news and ratings for SSRM and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding SSRM 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.
SSR Mining Competitors List
Related Companies and Tools
