NGD vs. WFT, BTO, LUG, OR, ELD, PRU, ASR, EQX, IMG, and CEE
Should you be buying New Gold stock or one of its competitors? The main competitors of New Gold include West Fraser Timber Co. Ltd. (WFT.TO) (WFT), B2Gold (BTO), Lundin Gold (LUG), Osisko Gold Royalties (OR), Eldorado Gold (ELD), Perseus Mining (PRU), Alacer Gold (ASR), Equinox Gold (EQX), IAMGOLD (IMG), and Centamin (CEE). These companies are all part of the "gold" industry.
New Gold (TSE:NGD) and West Fraser Timber Co. Ltd. (WFT.TO) (TSE:WFT) are both basic materials companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, profitability, media sentiment, risk, valuation, institutional ownership, analyst recommendations, earnings and community ranking.
54.0% of New Gold shares are held by institutional investors. 5.8% of New Gold shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
In the previous week, New Gold had 6 more articles in the media than West Fraser Timber Co. Ltd. (WFT.TO). MarketBeat recorded 6 mentions for New Gold and 0 mentions for West Fraser Timber Co. Ltd. (WFT.TO). New Gold's average media sentiment score of 0.83 beat West Fraser Timber Co. Ltd. (WFT.TO)'s score of 0.00 indicating that New Gold is being referred to more favorably in the media.
West Fraser Timber Co. Ltd. (WFT.TO) received 114 more outperform votes than New Gold when rated by MarketBeat users. Likewise, 69.15% of users gave West Fraser Timber Co. Ltd. (WFT.TO) an outperform vote while only 41.14% of users gave New Gold an outperform vote.
New Gold currently has a consensus price target of C$3.06, suggesting a potential upside of 12.50%.
West Fraser Timber Co. Ltd. (WFT.TO) has higher revenue and earnings than New Gold. New Gold is trading at a lower price-to-earnings ratio than West Fraser Timber Co. Ltd. (WFT.TO), indicating that it is currently the more affordable of the two stocks.
West Fraser Timber Co. Ltd. (WFT.TO) has a net margin of 0.00% compared to New Gold's net margin of -9.81%. West Fraser Timber Co. Ltd. (WFT.TO)'s return on equity of 0.00% beat New Gold's return on equity.
Summary
West Fraser Timber Co. Ltd. (WFT.TO) beats New Gold on 8 of the 15 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NGD 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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