Analyzing Harmony Gold Mining (NYSE:HMY) & Augusta Gold (OTCMKTS:AUGG)

Harmony Gold Mining (NYSE:HMY) and Augusta Gold (OTCMKTS:AUGG) are both basic materials companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, analyst recommendations, profitability, risk, earnings and valuation.

Earnings and Valuation

This table compares Harmony Gold Mining and Augusta Gold”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Harmony Gold Mining	$4.07 billion	3.40	$792.56 million	N/A	N/A
Augusta Gold	N/A	N/A	-$6.59 million	($0.09)	-13.51

Harmony Gold Mining has higher revenue and earnings than Augusta Gold.

Profitability

This table compares Harmony Gold Mining and Augusta Gold’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Harmony Gold Mining	N/A	N/A	N/A
Augusta Gold	N/A	-34.03%	-12.24%

Analyst Recommendations

This is a summary of recent ratings for Harmony Gold Mining and Augusta Gold, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Harmony Gold Mining	0	3	2	1	2.67
Augusta Gold	0	0	0	0	0.00

Harmony Gold Mining presently has a consensus target price of $16.00, suggesting a potential downside of 26.35%. Given Harmony Gold Mining’s stronger consensus rating and higher possible upside, analysts clearly believe Harmony Gold Mining is more favorable than Augusta Gold.

Insider & Institutional Ownership

31.8% of Harmony Gold Mining shares are owned by institutional investors. Comparatively, 52.4% of Augusta Gold shares are owned by institutional investors. 16.0% of Harmony Gold Mining shares are owned by insiders. Comparatively, 45.8% of Augusta Gold shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Risk & Volatility

Harmony Gold Mining has a beta of 0.95, suggesting that its share price is 5% less volatile than the S&P 500. Comparatively, Augusta Gold has a beta of 0.85, suggesting that its share price is 15% less volatile than the S&P 500.

Summary

Harmony Gold Mining beats Augusta Gold on 9 of the 11 factors compared between the two stocks.

About Harmony Gold Mining

Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of gold. The company explores for uranium, silver, copper, and molybdenum deposits. It has eight underground operations in the Witwatersrand Basin; an open-pit mine on the Kraaipan Greenstone Belt; and various surface source operations in South Africa. In addition, the company owns interests in the Hidden Valley, an open-pit gold and silver mine; and the Wafi-Golpu project located in Morobe Province in Papua New Guinea. Further, it holds interest in Rosby and Eva Copper Project located in Queensland, Australia. Harmony Gold Mining Company Limited was incorporated in 1950 and is headquartered in Randfontein, South Africa.

About Augusta Gold

Augusta Gold Corp. engages in the acquisition and exploration of mineral properties in the United States. The company primarily explores for gold, silver, and other metals. It holds interests in the Bullfrog gold project consists of 734 unpatented lode mining claims and mill site claims, and 87 patented mining claims located in the Bullfrog Hills of Nye County, Nevada; and the Reward Gold Project comprises 123 unpatented Bureau of Land Management (BLM) placer and lode mining claims, and six patented placer mining claims covering approximately 2,333 acres located in Nye County, Nevada. The company was formerly known as Bullfrog Gold Corp. and changed its name to Augusta Gold Corp. in January 2021. Augusta Gold Corp. is headquartered in Vancouver, Canada.