ASND vs. BKI, SCY, and SVB
Should you be buying Ascendant Resources stock or one of its competitors? The main competitors of Ascendant Resources include Black Iron (BKI), Scandium International Mining (SCY), and Silver Bull Resources (SVB). These companies are all part of the "other industrial metals & mining" industry.
Black Iron (TSE:BKI) and Ascendant Resources (TSE:ASND) are both small-cap basic materials companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, earnings, profitability, risk, community ranking, dividends, media sentiment, institutional ownership and valuation.
Ascendant Resources has higher revenue and earnings than Black Iron. Black Iron is trading at a lower price-to-earnings ratio than Ascendant Resources, indicating that it is currently the more affordable of the two stocks.
14.9% of Black Iron shares are held by institutional investors. Comparatively, 15.1% of Ascendant Resources shares are held by institutional investors. 2.1% of Black Iron shares are held by company insiders. Comparatively, 11.6% of Ascendant Resources shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Ascendant Resources has a consensus price target of C$0.30, suggesting a potential upside of 445.45%. Given Black Iron's higher probable upside, analysts plainly believe Ascendant Resources is more favorable than Black Iron.
In the previous week, Ascendant Resources had 1 more articles in the media than Black Iron. MarketBeat recorded 5 mentions for Ascendant Resources and 4 mentions for Black Iron. Black Iron's average media sentiment score of 0.25 beat Ascendant Resources' score of 0.00 indicating that Ascendant Resources is being referred to more favorably in the news media.
Black Iron's return on equity of 230.96% beat Ascendant Resources' return on equity.
Ascendant Resources received 28 more outperform votes than Black Iron when rated by MarketBeat users. However, 66.00% of users gave Black Iron an outperform vote while only 63.09% of users gave Ascendant Resources an outperform vote.
Black Iron has a beta of 1.63, suggesting that its share price is 63% more volatile than the S&P 500. Comparatively, Ascendant Resources has a beta of 1.36, suggesting that its share price is 36% more volatile than the S&P 500.
Summary
Ascendant Resources beats Black Iron on 12 of the 14 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ASND 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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