Financial Analysis: Comstock Mining (LODE) vs. Turquoise Hill Resources (TRQ)
Comstock Mining (NYSE: LODE) and Turquoise Hill Resources (NYSE:TRQ) are both basic materials companies, but which is the superior stock? We will compare the two companies based on the strength of their profitability, risk, valuation, dividends, analyst recommendations, earnings and institutional ownership.
This table compares Comstock Mining and Turquoise Hill Resources’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Turquoise Hill Resources||14.20%||1.60%||1.01%|
This is a breakdown of current recommendations and price targets for Comstock Mining and Turquoise Hill Resources, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Turquoise Hill Resources||0||3||3||0||2.50|
Turquoise Hill Resources has a consensus price target of $5.00, suggesting a potential upside of 62.87%. Given Turquoise Hill Resources’ higher possible upside, analysts plainly believe Turquoise Hill Resources is more favorable than Comstock Mining.
Institutional & Insider Ownership
32.9% of Turquoise Hill Resources shares are held by institutional investors. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Earnings & Valuation
This table compares Comstock Mining and Turquoise Hill Resources’ top-line revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|Comstock Mining||$1.61 million||15.59||-$4.19 million||N/A||N/A|
|Turquoise Hill Resources||$892.02 million||6.93||$159.41 million||$0.06||51.18|
Turquoise Hill Resources has higher revenue and earnings than Comstock Mining.
Turquoise Hill Resources beats Comstock Mining on 8 of the 9 factors compared between the two stocks.
About Comstock Mining
Comstock Mining Inc. is a gold and silver mining company. The Company holds properties in the Comstock and Silver City mining districts (collectively, the Comstock District). The Company’s segments include mining and real estate. The mining segment consists of the Company’s activities and expenditures associated with mining. The real estate segment consists of land, real estate rental properties, and a hotel, restaurant and bar provided by the Gold Hill Hotel. The Comstock District is located within the western portion of the Basin and Range Province of Nevada, between Reno and Carson City. The Lucerne Resource area is located in Storey County, Nevada, approximately three miles south of Virginia City and over 30 miles southeast of Reno. Its Dayton Resource area is located in Lyon County, Nevada, approximately six miles south of Virginia City. The Company also owns various non-mining properties, including Daney Ranch, the Gold Hill Hotel, and related homes and cottages.
About Turquoise Hill Resources
Turquoise Hill Resources Ltd. is an international mining company. The Company focuses on the operation and further development of the Oyu Tolgoi copper-gold mine in Southern Mongolia, which is the Company’s principal material mineral resource property. The Company’s Oyu Tolgoi mine is held through approximately 65% interest in Oyu Tolgoi LLC (Oyu Tolgoi) and the remaining approximately 35% interest is held by Erdenes Oyu Tolgoi LLC (Erdenes). The Company’s Oyu Tolgoi mine is located approximately 550 kilometers south of Ulaanbaatar, Mongolia’s capital city, and 80 kilometers north of the Mongolia-China border. The Company’s Mineralization on the property consists of porphyry-style copper, gold, silver and molybdenum contained in a linear structural trend (the Oyu Tolgoi Trend) of deposits throughout this trend. They include, from south to north, the Heruga Deposit, the Oyut deposit and the Hugo Dummett deposits (Hugo South, Hugo North and Hugo North Extension).
Receive News & Stock Ratings for Comstock Mining Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comstock Mining Inc and related stocks with our FREE daily email newsletter.