Critical Analysis: Battle North Gold (OTCMKTS:BNAUF) versus Lifezone Metals (NYSE:LZM)

Battle North Gold (OTCMKTS:BNAUF) and Lifezone Metals (NYSE:LZM) are both small-cap basic materials companies, but which is the better stock? We will contrast the two businesses based on the strength of their earnings, valuation, risk, institutional ownership, profitability, analyst recommendations and dividends.

Volatility and Risk

Battle North Gold has a beta of 1.77, suggesting that its stock price is 77% more volatile than the S&P 500. Comparatively, Lifezone Metals has a beta of 0.34, suggesting that its stock price is 66% less volatile than the S&P 500.

Valuation and Earnings

This table compares Battle North Gold and Lifezone Metals”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Battle North Gold	N/A	N/A	-$15.90 million	N/A	N/A
Lifezone Metals	$1.02 million	347.13	-$363.88 million	N/A	N/A

Battle North Gold has higher earnings, but lower revenue than Lifezone Metals.

Analyst Ratings

This is a summary of current ratings for Battle North Gold and Lifezone Metals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Battle North Gold	0	0	0	0	0.00
Lifezone Metals	0	0	2	0	3.00

Lifezone Metals has a consensus target price of $12.50, indicating a potential upside of 176.12%. Given Lifezone Metals’ stronger consensus rating and higher possible upside, analysts clearly believe Lifezone Metals is more favorable than Battle North Gold.

Profitability

This table compares Battle North Gold and Lifezone Metals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Battle North Gold	N/A	-83.80%	-42.62%
Lifezone Metals	-24,521.17%	-294.91%	-237.25%

Summary

Battle North Gold beats Lifezone Metals on 5 of the 9 factors compared between the two stocks.

About Battle North Gold

Battle North Gold Corporation engages in the exploration of gold properties in Canada and the United States. Its flagship project is the Bateman Gold Project located in the Red Lake gold district in Ontario, Canada. The company also holds approximately 282 square kilometers of mineral claims in the Red Lake area; and owns a gold exploration project on the Long Canyon gold trend near the Nevada-Utah border in the United States. The company was formerly known as Rubicon Minerals Corporation and changed its name to Battle North Gold Corporation in July 2020. Battle North Gold Corporation was incorporated in 1996 and is headquartered in Toronto, Canada.

About Lifezone Metals

Lifezone Metals Limited engages in the extraction and refining of metals. It supplies lower-carbon and sulfur dioxide emission metals to the battery storage, EV, and hydrogen markets. The company’s products include nickel, copper, and cobalt. Its flagship project is the Kabanga nickel project in North-West Tanzania. The company is based in Ramsey, Isle of Man.