NG vs. CXB, OSK, SSRM, WDO, KRR, NGD, TXG, OLA, KNT, and CG
Should you be buying NovaGold Resources stock or one of its competitors? The main competitors of NovaGold Resources include Calibre Mining (CXB), Osisko Mining (OSK), SSR Mining (SSRM), Wesdome Gold Mines (WDO), Karora Resources (KRR), New Gold (NGD), Torex Gold Resources (TXG), Orla Mining (OLA), K92 Mining (KNT), and Centerra Gold (CG). These companies are all part of the "gold" industry.
NovaGold Resources (TSE:NG) and Calibre Mining (TSE:CXB) are both small-cap basic materials companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, dividends, profitability, analyst recommendations, community ranking, earnings, valuation, risk and media sentiment.
Calibre Mining has a consensus target price of C$2.49, indicating a potential upside of 20.17%. Given Calibre Mining's higher possible upside, analysts plainly believe Calibre Mining is more favorable than NovaGold Resources.
NovaGold Resources has a beta of 0.88, suggesting that its stock price is 12% less volatile than the S&P 500. Comparatively, Calibre Mining has a beta of 2.06, suggesting that its stock price is 106% more volatile than the S&P 500.
Calibre Mining has higher revenue and earnings than NovaGold Resources. NovaGold Resources is trading at a lower price-to-earnings ratio than Calibre Mining, indicating that it is currently the more affordable of the two stocks.
In the previous week, Calibre Mining had 3 more articles in the media than NovaGold Resources. MarketBeat recorded 4 mentions for Calibre Mining and 1 mentions for NovaGold Resources. Calibre Mining's average media sentiment score of 0.99 beat NovaGold Resources' score of 0.00 indicating that Calibre Mining is being referred to more favorably in the news media.
Calibre Mining received 20 more outperform votes than NovaGold Resources when rated by MarketBeat users. Likewise, 74.07% of users gave Calibre Mining an outperform vote while only 0.00% of users gave NovaGold Resources an outperform vote.
Calibre Mining has a net margin of 15.14% compared to NovaGold Resources' net margin of 0.00%. Calibre Mining's return on equity of 16.87% beat NovaGold Resources' return on equity.
58.9% of NovaGold Resources shares are owned by institutional investors. Comparatively, 19.0% of Calibre Mining shares are owned by institutional investors. 26.4% of NovaGold Resources shares are owned by insiders. Comparatively, 17.7% of Calibre Mining shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Summary
Calibre Mining beats NovaGold Resources on 14 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NG 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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