Fortescue (OTCMKTS:FSUGY) vs. McEwen (NYSE:MUX) Head-To-Head Survey

Fortescue (OTCMKTS:FSUGY) and McEwen (NYSE:MUX) are both basic materials companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, risk, valuation, earnings, dividends and profitability.

Volatility and Risk

Fortescue has a beta of 0.84, meaning that its share price is 16% less volatile than the S&P 500. Comparatively, McEwen has a beta of 1.19, meaning that its share price is 19% more volatile than the S&P 500.

Valuation & Earnings

This table compares Fortescue and McEwen”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Fortescue	$15.54 billion	3.06	$3.37 billion	N/A	N/A
McEwen	$197.55 million	7.32	$34.43 million	$1.18	20.51

Fortescue has higher revenue and earnings than McEwen.

Analyst Ratings

This is a summary of recent ratings for Fortescue and McEwen, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Fortescue	3	1	0	0	1.25
McEwen	1	1	4	0	2.50

McEwen has a consensus price target of $29.83, suggesting a potential upside of 23.29%. Given McEwen’s stronger consensus rating and higher probable upside, analysts plainly believe McEwen is more favorable than Fortescue.

Insider & Institutional Ownership

17.0% of McEwen shares are held by institutional investors. 14.8% of McEwen shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Profitability

This table compares Fortescue and McEwen’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Fortescue	N/A	N/A	N/A
McEwen	31.40%	13.65%	9.05%

Summary

McEwen beats Fortescue on 10 of the 12 factors compared between the two stocks.

About Fortescue

Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It explores for copper, gold, and lithium deposits; and rare earth elements. The company provides port towage services; owns and operates rail and port facilities; and focuses on producing green energy and green hydrogen, including derivatives comprising green ammonia. The company was formerly known as Fortescue Metals Group Limited and changed its name to Fortescue Ltd in November 2023. Fortescue Ltd was incorporated in 1983 and is headquartered in East Perth, Australia.

About McEwen

McEwen Mining Inc. engages in the exploration, development, production, and sale of gold and silver. It also explores for copper deposits. The company owns 100% interests in the El Gallo and Fenix projects located in Mexico; and the Black Fox Mine and Stock Mill, Grey Fox, and Froome and Tamarack properties in Canada. It also owns interests in the Fuller, Davidson-Tisdale, Buffalo Ankerite, and Paymaster exploration properties located in Canada; and a 49% interest in the San José mine located in Argentina. In addition, the company owns 100% interests in the Gold Bar and Tonkin properties located in Eureka County, Nevada; and interests in the Los Azules copper project located in the cordilleran region in the province of San Juan, Argentina. The company was formerly known as US Gold Corporation and changed its name to McEwen Mining Inc. in January 2012. McEwen Mining Inc. was founded in 1979 and is headquartered in Toronto, Canada.