CCM vs. RIO, ALO, F, ASO, FF, LGD, LIO, LME, QMX, and SUP
Should you be buying Canagold Resources stock or one of its competitors? The main competitors of Canagold Resources include Rio2 (RIO), Alio Gold Inc. (ALO.TO) (ALO), Fiore Gold (F), Avesoro Resources (ASO), First Mining Gold (FF), Liberty Gold (LGD), Lion One Metals (LIO), Laurion Mineral Exploration (LME), QMX Gold (QMX), and Northern Superior Resources (SUP). These companies are all part of the "gold" industry.
Rio2 (CVE:RIO) and Canagold Resources (TSE:CCM) are both small-cap basic materials companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, community ranking, dividends, media sentiment, valuation, profitability, institutional ownership, risk and analyst recommendations.
In the previous week, Rio2 had 1 more articles in the media than Canagold Resources. MarketBeat recorded 2 mentions for Rio2 and 1 mentions for Canagold Resources. Rio2's average media sentiment score of 0.00 beat Canagold Resources' score of -0.92 indicating that Canagold Resources is being referred to more favorably in the news media.
Rio2 currently has a consensus target price of C$0.60, suggesting a potential upside of 5.26%. Given Canagold Resources' higher possible upside, analysts plainly believe Rio2 is more favorable than Canagold Resources.
Canagold Resources received 82 more outperform votes than Rio2 when rated by MarketBeat users. Likewise, 81.06% of users gave Canagold Resources an outperform vote while only 62.50% of users gave Rio2 an outperform vote.
Rio2 is trading at a lower price-to-earnings ratio than Canagold Resources, indicating that it is currently the more affordable of the two stocks.
15.0% of Rio2 shares are held by institutional investors. Comparatively, 41.6% of Canagold Resources shares are held by institutional investors. 21.3% of Rio2 shares are held by insiders. Comparatively, 18.9% of Canagold Resources shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Rio2's return on equity of -9.21% beat Canagold Resources' return on equity.
Rio2 has a beta of 2.34, meaning that its stock price is 134% more volatile than the S&P 500. Comparatively, Canagold Resources has a beta of 0.93, meaning that its stock price is 7% less volatile than the S&P 500.
Summary
Canagold Resources beats Rio2 on 8 of the 14 factors compared between the two stocks.
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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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