Contrasting Seabridge Gold (NYSE:SA) & New Found Gold (NYSE:NFGC)

Seabridge Gold (NYSE:SAGet Free Report) and New Found Gold (NYSE:NFGCGet Free Report) are both small-cap basic materials companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, profitability, valuation, risk, dividends and earnings.

Risk and Volatility

Seabridge Gold has a beta of 1.14, indicating that its stock price is 14% more volatile than the S&P 500. Comparatively, New Found Gold has a beta of 1.18, indicating that its stock price is 18% more volatile than the S&P 500.

Profitability

This table compares Seabridge Gold and New Found Gold’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Seabridge Gold N/A -5.45% -3.01%
New Found Gold N/A -123.65% -99.05%

Analyst Recommendations

This is a breakdown of recent recommendations for Seabridge Gold and New Found Gold, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Seabridge Gold 0 0 1 0 3.00
New Found Gold 0 0 2 0 3.00

New Found Gold has a consensus target price of $9.00, indicating a potential upside of 202.01%. Given New Found Gold’s higher probable upside, analysts clearly believe New Found Gold is more favorable than Seabridge Gold.

Institutional and Insider Ownership

34.9% of Seabridge Gold shares are owned by institutional investors. Comparatively, 3.4% of New Found Gold shares are owned by institutional investors. 12.8% of Seabridge Gold shares are owned 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.

Earnings & Valuation

This table compares Seabridge Gold and New Found Gold’s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Seabridge Gold N/A N/A -$21.68 million ($0.36) -39.92
New Found Gold N/A N/A -$59.18 million ($0.30) -9.93

Seabridge Gold is trading at a lower price-to-earnings ratio than New Found Gold, indicating that it is currently the more affordable of the two stocks.

About Seabridge Gold

(Get Free Report)

Seabridge Gold Inc., together with its subsidiaries, engages in the acquisition and exploration of gold properties in North America. The company also explores for gold, copper, silver, and molybdenum deposits. The company was formerly known as Seabridge Resources Inc. and changed its name to Seabridge Gold Inc. in June 2002. Seabridge Gold Inc. was incorporated in 1979 and is based in Toronto, Canada.

About New Found Gold

(Get Free Report)

New Found Gold Corp., a mineral exploration company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, and Ontario. It primarily explores for gold deposit. The company holds 100% interests in the Queensway project that includes 96 mineral licenses and 6,659 claims covering an area of 166,475 hectares of land located near Gander, Newfoundland. The company was formerly known as Palisade Resources Corp. and changed its name to New Found Gold Corp. in June 2017. New Found Gold Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.

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