Head to Head Analysis: Corvus Gold (OTCMKTS:CORVF) vs. New Found Gold (NYSE:NFGC)

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

Profitability

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

Net Margins Return on Equity Return on Assets
New Found Gold N/A -82.80% -68.88%
Corvus Gold N/A -71.79% -68.52%

Analyst Ratings

This is a summary of recent ratings for New Found Gold and Corvus Gold, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
New Found Gold 0 0 1 0 3.00
Corvus Gold 0 0 0 0 0.00

New Found Gold currently has a consensus price target of $5.00, indicating a potential upside of 176.24%. Given New Found Gold’s stronger consensus rating and higher possible upside, research analysts plainly believe New Found Gold is more favorable than Corvus Gold.

Volatility & Risk

New Found Gold has a beta of 0.93, suggesting that its stock price is 7% less volatile than the S&P 500. Comparatively, Corvus Gold has a beta of 1.54, suggesting that its stock price is 54% more volatile than the S&P 500.

Institutional & Insider Ownership

3.4% of New Found Gold shares are owned by institutional investors. Comparatively, 0.1% of Corvus Gold shares are owned by institutional investors. 7.9% of Corvus Gold shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Valuation and Earnings

This table compares New Found Gold and Corvus Gold”s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
New Found Gold N/A N/A -$59.18 million ($0.22) -8.23
Corvus Gold N/A N/A -$8.21 million N/A N/A

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; and the Kingsway project located in 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.

About Corvus Gold

(Get Free Report)

Corvus Gold, Inc. mineral exploration company, which engages in the acquisition, exploration, and development of mineral properties. The company was founded on April 13, 2010 and is headquartered in Vancouver, Canada.

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