CCM vs. RIO, TUD, MQR, ALO, THX, TML, F, MAI, ASO, and LGD
Should you be buying Canagold Resources stock or one of its competitors? The main competitors of Canagold Resources include Rio2 (RIO), Tudor Gold (TUD), Monarch Gold Co. (MQR.TO) (MQR), Alio Gold Inc. (ALO.TO) (ALO), Thor Explorations (THX), Treasury Metals (TML), Fiore Gold (F), Minera Alamos (MAI), Avesoro Resources (ASO), and Liberty Gold (LGD). These companies are all part of the "gold" industry.
Canagold Resources (TSE:CCM) and Rio2 (CVE:RIO) are both small-cap basic materials companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, dividends, risk, institutional ownership, media sentiment, valuation, profitability, community ranking and analyst recommendations.
Canagold Resources received 81 more outperform votes than Rio2 when rated by MarketBeat users. Likewise, 81.06% of users gave Canagold Resources an outperform vote while only 63.41% of users gave Rio2 an outperform vote.
In the previous week, Rio2 had 2 more articles in the media than Canagold Resources. MarketBeat recorded 3 mentions for Rio2 and 1 mentions for Canagold Resources. Canagold Resources' average media sentiment score of 0.51 beat Rio2's score of 0.00 indicating that Canagold Resources is being referred to more favorably in the media.
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.
41.6% of Canagold Resources shares are held by institutional investors. Comparatively, 15.0% of Rio2 shares are held by institutional investors. 18.9% of Canagold Resources shares are held by company insiders. Comparatively, 21.3% of Rio2 shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Rio2 has a consensus target price of C$0.85, suggesting a potential upside of 57.41%. Given Rio2's higher possible upside, analysts clearly believe Rio2 is more favorable than Canagold Resources.
Canagold Resources' return on equity of -9.21% beat Rio2's return on equity.
Canagold Resources has a beta of 0.93, indicating that its stock price is 7% less volatile than the S&P 500. Comparatively, Rio2 has a beta of 2.34, indicating that its stock price is 134% more 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 number of new MarketBeat users adding CCM 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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