NFGC vs. CDE, IAG, AG, FSM, SAND, CGAU, SA, SILV, EXK, and GATO
Should you be buying New Found Gold stock or one of its competitors? The main competitors of New Found Gold include Coeur Mining (CDE), IAMGOLD (IAG), First Majestic Silver (AG), Fortuna Silver Mines (FSM), Sandstorm Gold (SAND), Centerra Gold (CGAU), Seabridge Gold (SA), SilverCrest Metals (SILV), Endeavour Silver (EXK), and Gatos Silver (GATO). These companies are all part of the "gold & silver ores" industry.
Coeur Mining (NYSE:CDE) and New Found Gold (NYSE:NFGC) are both basic materials companies, but which is the better stock? We will compare the two companies based on the strength of their media sentiment, valuation, community ranking, analyst recommendations, institutional ownership, dividends, profitability, earnings and risk.
New Found Gold has lower revenue, but higher earnings 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 net margin of 0.00% compared to New Found Gold's net margin of -12.77%. New Found Gold's return on equity of -6.28% beat Coeur Mining's return on equity.
Coeur Mining presently has a consensus price target of $4.36, indicating a potential downside of 18.61%. New Found Gold has a consensus price target of $9.00, indicating a potential upside of 181.25%. Given Coeur Mining's stronger consensus rating and higher possible upside, analysts plainly believe New Found Gold is more favorable than Coeur Mining.
Coeur Mining has a beta of 1.76, suggesting that its share price is 76% more volatile than the S&P 500. Comparatively, New Found Gold has a beta of 1.18, suggesting that its share price is 18% more volatile than the S&P 500.
63.0% of Coeur Mining shares are owned by institutional investors. Comparatively, 3.4% of New Found Gold shares are owned by institutional investors. 1.6% of Coeur Mining shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
In the previous week, Coeur Mining had 3 more articles in the media than New Found Gold. MarketBeat recorded 6 mentions for Coeur Mining and 3 mentions for New Found Gold. Coeur Mining's average media sentiment score of 0.55 beat New Found Gold's score of 0.42 indicating that New Found Gold is being referred to more favorably in the news media.
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.
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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