Head-To-Head Comparison: Blue Gold (NASDAQ:BGL) versus New Gold (NYSE:NGD)

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

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%

Analyst Ratings

This is a summary of recent recommendations and price targets 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 price target of $7.38, indicating a potential downside of 11.36%. Given New Gold’s stronger consensus rating and higher possible upside, analysts plainly believe New Gold is more favorable than Blue Gold.

Institutional & Insider Ownership

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

Volatility and Risk

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

Earnings & Valuation

This table compares Blue Gold and New Gold”s 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 5.31 -$64.50 million $0.32 26.03

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

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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