NGD vs. TXG, OLA, WDO, CG, KNT, SEA, NG, SSRM, DPM, and FVI
Should you be buying New Gold stock or one of its competitors? The main competitors of New Gold include Torex Gold Resources (TXG), Orla Mining (OLA), Wesdome Gold Mines (WDO), Centerra Gold (CG), K92 Mining (KNT), Seabridge Gold (SEA), NovaGold Resources (NG), SSR Mining (SSRM), Dundee Precious Metals (DPM), and Fortuna Silver Mines (FVI). These companies are all part of the "gold" industry.
Torex Gold Resources (TSE:TXG) and New Gold (TSE:NGD) are both small-cap basic materials companies, but which is the better business? We will compare the two companies based on the strength of their risk, institutional ownership, valuation, media sentiment, dividends, analyst recommendations, profitability, earnings and community ranking.
Torex Gold Resources presently has a consensus target price of C$25.16, indicating a potential upside of 26.35%. New Gold has a consensus target price of C$2.31, indicating a potential downside of 7.23%. Given New Gold's stronger consensus rating and higher probable upside, equities analysts plainly believe Torex Gold Resources is more favorable than New Gold.
In the previous week, New Gold had 3 more articles in the media than Torex Gold Resources. MarketBeat recorded 12 mentions for New Gold and 9 mentions for Torex Gold Resources. Torex Gold Resources' average media sentiment score of 0.35 beat New Gold's score of 0.24 indicating that New Gold is being referred to more favorably in the news media.
Torex Gold Resources has a beta of 1.18, suggesting that its stock price is 18% more volatile than the S&P 500. Comparatively, New Gold has a beta of 1.52, suggesting that its stock price is 52% more volatile than the S&P 500.
Torex Gold Resources has higher revenue and earnings than New Gold. New Gold is trading at a lower price-to-earnings ratio than Torex Gold Resources, indicating that it is currently the more affordable of the two stocks.
Torex Gold Resources has a net margin of 23.16% compared to Torex Gold Resources' net margin of -8.20%. New Gold's return on equity of 14.68% beat Torex Gold Resources' return on equity.
65.2% of Torex Gold Resources shares are held by institutional investors. Comparatively, 50.9% of New Gold shares are held by institutional investors. 0.2% of Torex Gold Resources shares are held by company insiders. Comparatively, 5.8% of New Gold shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Torex Gold Resources received 36 more outperform votes than New Gold when rated by MarketBeat users. Likewise, 55.93% of users gave Torex Gold Resources an outperform vote while only 40.65% of users gave New Gold an outperform vote.
Summary
Torex Gold Resources beats New Gold on 13 of the 18 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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