New Found Gold (NYSE:NFGC) & SilverCrest Metals (NYSE:SILV) Financial Survey

New Found Gold (NYSE:NFGC) and SilverCrest Metals (NYSE:SILV) are both small-cap basic materials companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, risk, valuation, profitability, institutional ownership and earnings.

Valuation and Earnings

This table compares New Found Gold and SilverCrest Metals”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)	-7.27
SilverCrest Metals	$278.08 million	4.93	$116.72 million	$0.57	16.18

SilverCrest Metals has higher revenue and earnings than New Found Gold. New Found Gold is trading at a lower price-to-earnings ratio than SilverCrest Metals, indicating that it is currently the more affordable of the two stocks.

Institutional & Insider Ownership

3.4% of New Found Gold shares are held by institutional investors. Comparatively, 44.8% of SilverCrest Metals shares are held by institutional investors. 4.1% of SilverCrest Metals shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of current ratings for New Found Gold and SilverCrest Metals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
New Found Gold	0	0	1	0	3.00
SilverCrest Metals	0	2	1	0	2.33

New Found Gold presently has a consensus target price of $9.00, indicating a potential upside of 462.50%. SilverCrest Metals has a consensus target price of $10.13, indicating a potential upside of 9.82%. Given New Found Gold’s stronger consensus rating and higher probable upside, equities analysts plainly believe New Found Gold is more favorable than SilverCrest Metals.

Profitability

This table compares New Found Gold and SilverCrest Metals’ 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%
SilverCrest Metals	30.85%	23.35%	20.98%

Volatility & Risk

New Found Gold has a beta of 1, indicating that its share price has a similar volatility profile to the S&P 500.Comparatively, SilverCrest Metals has a beta of 1.19, indicating that its share price is 19% more volatile than the S&P 500.

Summary

SilverCrest Metals beats New Found Gold on 10 of the 12 factors compared between the two stocks.

About New Found Gold

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 SilverCrest Metals

SilverCrest Metals Inc. engages in the acquiring, exploration, and development of precious metal properties in Mexico. The company primarily explores for silver and gold properties. Its focuses on principal property the Las Chispas Mine that consists of 28 concessions totaling of approximately 1,401 hectares located in Sonora, Mexico, as well as operates a portfolio of El Picacho, Cruz de Mayo, and Angel de Plata properties in Sonora Mexico. The company was incorporated in 2015 and is headquartered in Vancouver, Canada.