Analyzing New Gold (NYSE:NGD) & Blue Gold (NASDAQ:BGL)

Blue Gold (NASDAQ:BGLGet Free Report) and New Gold (NYSE:NGDGet Free Report) are both basic materials companies, but which is the better stock? We will contrast the two businesses based on the strength of their earnings, dividends, profitability, analyst recommendations, institutional ownership, risk and valuation.

Insider & Institutional Ownership

24.6% of Blue Gold shares are owned by institutional investors. Comparatively, 42.8% of New Gold shares are owned by institutional investors. 19.9% of Blue Gold shares are owned by company insiders. Comparatively, 0.2% of New Gold shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Analyst Recommendations

This is a summary of recent ratings and target prices for Blue Gold and New Gold, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Blue Gold 1 0 0 0 1.00
New Gold 0 1 5 1 3.00

New Gold has a consensus target price of $7.38, suggesting a potential downside of 11.89%. Given New Gold’s stronger consensus rating and higher possible upside, analysts plainly believe New Gold is more favorable than Blue Gold.

Volatility and Risk

Blue Gold has a beta of 3.84, suggesting that its share price is 284% more volatile than the S&P 500. Comparatively, New Gold has a beta of 0.65, suggesting that its share price is 35% less volatile than the S&P 500.

Earnings & Valuation

This table compares Blue Gold and New Gold”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Blue Gold N/A N/A $700,000.00 N/A N/A
New Gold $1.24 billion 5.34 -$64.50 million $0.32 26.19

Blue Gold has higher earnings, but lower revenue than New Gold.

Profitability

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

Net Margins Return on Equity Return on Assets
Blue Gold N/A N/A N/A
New Gold 11.10% 13.70% 6.31%

Summary

New Gold beats Blue Gold on 9 of the 12 factors compared between the two stocks.

About Blue Gold

(Get Free Report)

Blue Gold Limited is a gold mining company developing a portfolio of assets anchored by the historic Bogoso Prestea Mine in the Ashanti region of Ghana. Blue Gold Limited, formerly known as Perception Capital Corp. IV, is based in NEW YORK.

About New Gold

(Get Free Report)

New Gold Inc., an intermediate gold mining company, develops and operates of mineral properties in Canada. It primarily explores for gold, silver, and copper deposits. The company’s principal operating properties include 100% interest in the Rainy River mine located in Northwestern Ontario, Canada; and New Afton project situated in South-Central British Columbia. New Gold Inc. is headquartered in Toronto, Canada.

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