NB vs. ERD, S, LGO, AII, NEXT, TMQ, GEO, FURY, WM, and SMT
Should you be buying NioCorp Developments stock or one of its competitors? The main competitors of NioCorp Developments include Erdene Resource Development (ERD), Sherritt International (S), Largo (LGO), Almonty Industries (AII), NextSource Materials (NEXT), Trilogy Metals (TMQ), Geodrill (GEO), Fury Gold Mines (FURY), Wallbridge Mining (WM), and Sierra Metals (SMT). These companies are all part of the "other industrial metals & mining" industry.
Erdene Resource Development (TSE:ERD) and NioCorp Developments (TSE:NB) are both small-cap basic materials companies, but which is the better investment? We will contrast the two companies based on the strength of their media sentiment, community ranking, valuation, analyst recommendations, dividends, risk, profitability, institutional ownership and earnings.
NioCorp Developments' return on equity of -12.40% beat Erdene Resource Development's return on equity.
6.2% of Erdene Resource Development shares are held by institutional investors. Comparatively, 5.0% of NioCorp Developments shares are held by institutional investors. 22.2% of Erdene Resource Development shares are held by company insiders. Comparatively, 7.2% of NioCorp Developments shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Erdene Resource Development has a beta of 1.39, meaning that its share price is 39% more volatile than the S&P 500. Comparatively, NioCorp Developments has a beta of 0.11, meaning that its share price is 89% less volatile than the S&P 500.
Erdene Resource Development is trading at a lower price-to-earnings ratio than NioCorp Developments, indicating that it is currently the more affordable of the two stocks.
In the previous week, Erdene Resource Development had 1 more articles in the media than NioCorp Developments. MarketBeat recorded 2 mentions for Erdene Resource Development and 1 mentions for NioCorp Developments. Erdene Resource Development's average media sentiment score of 0.74 beat NioCorp Developments' score of -0.34 indicating that NioCorp Developments is being referred to more favorably in the news media.
NioCorp Developments received 35 more outperform votes than Erdene Resource Development when rated by MarketBeat users. Likewise, 74.10% of users gave NioCorp Developments an outperform vote while only 69.29% of users gave Erdene Resource Development an outperform vote.
Summary
Erdene Resource Development beats NioCorp Developments on 8 of the 12 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NB 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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