OGC vs. YRI, WFT, BTO, LUG, ELD, OR, PRU, EQX, ASR, and IMG
Should you be buying OceanaGold stock or one of its competitors? The main competitors of OceanaGold include Yamana Gold (YRI), West Fraser Timber Co. Ltd. (WFT.TO) (WFT), B2Gold (BTO), Lundin Gold (LUG), Eldorado Gold (ELD), Osisko Gold Royalties (OR), Perseus Mining (PRU), Equinox Gold (EQX), Alacer Gold (ASR), and IAMGOLD (IMG). These companies are all part of the "gold" industry.
OceanaGold (TSE:OGC) and Yamana Gold (TSE:YRI) are both mid-cap basic materials companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, risk, profitability, dividends, community ranking, earnings, valuation, institutional ownership and media sentiment.
OceanaGold has a beta of 1.61, meaning that its stock price is 61% more volatile than the S&P 500. Comparatively, Yamana Gold has a beta of 1.29, meaning that its stock price is 29% more volatile than the S&P 500.
58.9% of OceanaGold shares are owned by institutional investors. Comparatively, 63.8% of Yamana Gold shares are owned by institutional investors. 0.2% of OceanaGold shares are owned by insiders. Comparatively, 0.3% of Yamana Gold shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
In the previous week, OceanaGold had 10 more articles in the media than Yamana Gold. MarketBeat recorded 11 mentions for OceanaGold and 1 mentions for Yamana Gold. OceanaGold's average media sentiment score of 0.60 beat Yamana Gold's score of 0.00 indicating that OceanaGold is being referred to more favorably in the media.
Yamana Gold received 339 more outperform votes than OceanaGold when rated by MarketBeat users. Likewise, 51.79% of users gave Yamana Gold an outperform vote while only 42.86% of users gave OceanaGold an outperform vote.
OceanaGold pays an annual dividend of C$0.03 per share and has a dividend yield of 0.9%. Yamana Gold pays an annual dividend of C$0.55 per share and has a dividend yield of 7.0%. OceanaGold pays out 42.9% of its earnings in the form of a dividend. Yamana Gold pays out -39.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Yamana Gold is clearly the better dividend stock, given its higher yield and lower payout ratio.
OceanaGold has a net margin of 3.69% compared to Yamana Gold's net margin of -54.36%. OceanaGold's return on equity of 2.29% beat Yamana Gold's return on equity.
OceanaGold currently has a consensus price target of C$4.19, suggesting a potential upside of 29.46%. Given OceanaGold's higher possible upside, research analysts plainly believe OceanaGold is more favorable than Yamana Gold.
OceanaGold has higher earnings, but lower revenue than Yamana Gold. Yamana Gold is trading at a lower price-to-earnings ratio than OceanaGold, indicating that it is currently the more affordable of the two stocks.
Summary
OceanaGold beats Yamana Gold on 11 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding OGC 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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