TXG vs. NGD, CXB, SEA, WDO, KNT, OLA, CG, DPM, SSRM, and NG
Should you be buying Torex Gold Resources stock or one of its competitors? The main competitors of Torex Gold Resources include New Gold (NGD), Calibre Mining (CXB), Seabridge Gold (SEA), Wesdome Gold Mines (WDO), K92 Mining (KNT), Orla Mining (OLA), Centerra Gold (CG), Dundee Precious Metals (DPM), SSR Mining (SSRM), and NovaGold Resources (NG). These companies are all part of the "gold" industry.
New Gold (TSE:NGD) and Torex Gold Resources (TSE:TXG) are both basic materials companies, but which is the better business? We will compare the two companies based on the strength of their risk, institutional ownership, valuation, media sentiment, dividends, analyst recommendations, profitability, earnings and community ranking.
51.5% of New Gold shares are held by institutional investors. Comparatively, 66.0% of Torex Gold Resources shares are held by institutional investors. 5.8% of New Gold shares are held by company insiders. Comparatively, 0.2% of Torex Gold Resources shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
New Gold has a beta of 1.61, suggesting that its stock price is 61% more volatile than the S&P 500. Comparatively, Torex Gold Resources has a beta of 1.33, suggesting that its stock price is 33% more volatile than the S&P 500.
In the previous week, Torex Gold Resources had 9 more articles in the media than New Gold. MarketBeat recorded 11 mentions for Torex Gold Resources and 2 mentions for New Gold. New Gold's average media sentiment score of 0.96 beat Torex Gold Resources' score of 0.00 indicating that Torex Gold Resources is being referred to more favorably in the news media.
New Gold presently has a consensus target price of C$2.39, indicating a potential downside of 17.67%. Torex Gold Resources has a consensus target price of C$25.38, indicating a potential upside of 17.59%. Given New Gold's stronger consensus rating and higher probable upside, analysts plainly believe Torex Gold Resources is more favorable than New Gold.
Torex Gold Resources has higher revenue and earnings than New Gold. New Gold is trading at a lower price-to-earnings ratio than Torex Gold Resources, indicating that it is currently the more affordable of the two stocks.
Torex Gold Resources has a net margin of 23.16% compared to Torex Gold Resources' net margin of -9.81%. New Gold's return on equity of 14.68% beat Torex Gold Resources' return on equity.
Torex Gold Resources received 36 more outperform votes than New Gold when rated by MarketBeat users. Likewise, 55.83% of users gave Torex Gold Resources an outperform vote while only 40.65% of users gave New Gold an outperform vote.
Summary
Torex Gold Resources beats New Gold on 15 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding TXG 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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