NFGC vs. CDE, AG, IAG, FSM, SAND, CGAU, SA, SILV, EXK, and TGB
Should you be buying New Found Gold stock or one of its competitors? The main competitors of New Found Gold include Coeur Mining (CDE), First Majestic Silver (AG), IAMGOLD (IAG), Fortuna Silver Mines (FSM), Sandstorm Gold (SAND), Centerra Gold (CGAU), Seabridge Gold (SA), SilverCrest Metals (SILV), Endeavour Silver (EXK), and Taseko Mines (TGB). These companies are all part of the "gold & silver ores" industry.
New Found Gold (NYSE:NFGC) and Coeur Mining (NYSE:CDE) are both basic materials companies, but which is the superior business? We will compare the two businesses based on the strength of their community ranking, institutional ownership, dividends, media sentiment, valuation, analyst recommendations, profitability, earnings and risk.
Coeur Mining received 484 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 60.44% of users gave Coeur Mining an outperform vote.
3.4% of New Found Gold shares are held by institutional investors. Comparatively, 63.0% of Coeur Mining shares are held by institutional investors. 1.6% of Coeur Mining shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
In the previous week, Coeur Mining had 5 more articles in the media than New Found Gold. MarketBeat recorded 6 mentions for Coeur Mining and 1 mentions for New Found Gold. New Found Gold's average media sentiment score of 0.80 beat Coeur Mining's score of 0.75 indicating that New Found Gold is being referred to more favorably in the media.
New Found Gold currently has a consensus price target of $9.00, indicating a potential upside of 145.90%. Coeur Mining has a consensus price target of $4.36, indicating a potential downside of 22.38%. Given New Found Gold's stronger consensus rating and higher probable upside, research analysts clearly believe New Found Gold is more favorable than Coeur Mining.
New Found Gold has higher earnings, but lower revenue than Coeur Mining. Coeur Mining is trading at a lower price-to-earnings ratio than New Found Gold, indicating that it is currently the more affordable of the two stocks.
New Found Gold has a beta of 1.21, meaning that its share price is 21% more volatile than the S&P 500. Comparatively, Coeur Mining has a beta of 1.77, meaning that its share price is 77% more volatile than the S&P 500.
New Found Gold has a net margin of 0.00% compared to Coeur Mining's net margin of -12.77%. Coeur Mining's return on equity of -6.28% beat New Found Gold's return on equity.
Summary
Coeur Mining beats New Found Gold on 9 of the 17 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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