SSRM vs. WDO, NGD, NG, CXB, TXG, OLA, SEA, KNT, OSK, and CG
Should you be buying SSR Mining stock or one of its competitors? The main competitors of SSR Mining include Wesdome Gold Mines (WDO), New Gold (NGD), NovaGold Resources (NG), Calibre Mining (CXB), Torex Gold Resources (TXG), Orla Mining (OLA), Seabridge Gold (SEA), K92 Mining (KNT), Osisko Mining (OSK), and Centerra Gold (CG). These companies are all part of the "gold" industry.
SSR Mining (TSE:SSRM) and Wesdome Gold Mines (TSE:WDO) are both small-cap basic materials companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, profitability, risk, analyst recommendations, media sentiment, institutional ownership, community ranking, dividends and earnings.
SSR Mining currently has a consensus target price of C$10.96, suggesting a potential upside of 45.72%. Wesdome Gold Mines has a consensus target price of C$11.33, suggesting a potential upside of 4.74%. Given SSR Mining's higher possible upside, analysts plainly believe SSR Mining is more favorable than Wesdome Gold Mines.
SSR Mining has a beta of 0.86, indicating that its share price is 14% less volatile than the S&P 500. Comparatively, Wesdome Gold Mines has a beta of 0.75, indicating that its share price is 25% less volatile than the S&P 500.
In the previous week, Wesdome Gold Mines had 12 more articles in the media than SSR Mining. MarketBeat recorded 15 mentions for Wesdome Gold Mines and 3 mentions for SSR Mining. Wesdome Gold Mines' average media sentiment score of 0.69 beat SSR Mining's score of 0.47 indicating that Wesdome Gold Mines is being referred to more favorably in the news media.
Wesdome Gold Mines received 307 more outperform votes than SSR Mining when rated by MarketBeat users. However, 67.52% of users gave SSR Mining an outperform vote while only 64.79% of users gave Wesdome Gold Mines an outperform vote.
74.7% of SSR Mining shares are owned by institutional investors. Comparatively, 49.1% of Wesdome Gold Mines shares are owned by institutional investors. 1.0% of SSR Mining shares are owned by insiders. Comparatively, 0.3% of Wesdome Gold Mines shares are owned by 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.
Wesdome Gold Mines has lower revenue, but higher earnings than SSR Mining. Wesdome Gold Mines is trading at a lower price-to-earnings ratio than SSR Mining, indicating that it is currently the more affordable of the two stocks.
Wesdome Gold Mines has a net margin of -1.86% compared to SSR Mining's net margin of -6.87%. Wesdome Gold Mines' return on equity of -1.50% beat SSR Mining's return on equity.
Summary
Wesdome Gold Mines beats SSR Mining on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SSRM 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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