Iamgold (NYSE:IAG) and New Jersey Mining (OTCMKTS:NJMC) 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 institutional ownership, analyst recommendations, dividends, earnings, profitability, risk and valuation.
This table compares Iamgold and New Jersey Mining’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|New Jersey Mining||30.94%||13.44%||10.41%|
This is a summary of recent ratings for Iamgold and New Jersey Mining, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|New Jersey Mining||0||0||0||0||N/A|
Iamgold currently has a consensus price target of $6.67, indicating a potential upside of 107.68%. Given Iamgold’s higher probable upside, equities research analysts plainly believe Iamgold is more favorable than New Jersey Mining.
Risk and Volatility
Iamgold has a beta of -0.19, meaning that its stock price is 119% less volatile than the S&P 500. Comparatively, New Jersey Mining has a beta of 0.29, meaning that its stock price is 71% less volatile than the S&P 500.
Institutional and Insider Ownership
57.7% of Iamgold shares are held by institutional investors. 20.5% of New Jersey Mining shares are held by company 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.
Earnings & Valuation
This table compares Iamgold and New Jersey Mining’s gross revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Iamgold||$1.09 billion||1.37||$501.60 million||$0.06||53.50|
|New Jersey Mining||$4.28 million||4.86||$30,000.00||N/A||N/A|
Iamgold has higher revenue and earnings than New Jersey Mining.
IAMGOLD Corporation explores for, develops, and operates gold mining properties in North and South America, and West Africa. It also explores for copper and silver. The company owns interests in the Rosebel gold mine located in north eastern Suriname, South America; the Essakane gold mine in north-eastern Burkina Faso, West Africa; the Westwood gold mine in southwestern Québec, Canada; and the Sadiola Gold Mine located in southwest Mali, West Africa. It holds interests in various other projects, including the Boto gold project in Senegal; the Pitangui project in Brazil; the Siribaya project in Mali; the Loma Larga project in southern Ecuador; and the Eastern Borosi project in Northeast Nicaragua. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.
About New Jersey Mining
New Jersey Mining Company explores for, develops, and extracts gold, silver, and base metal resources in the Greater Coeur d'Alene Mining District of North Idaho and Western Montana. It holds 100% interest in the Golden Chest that consists of 25 patented mining claims covering 280 acres and 70 unpatented claims mine covering 990 acres located in Murray, Idaho; and 50% interest in the Butte Highlands mine covering an area of approximately 1,310 acres comprising 11 patented claims, 65 unpatented lode mining claims, and 20 unpatented mill-site claims located in Butte, Montana. The company also holds interest in the New Jersey Mine, which include 102 acres of private land with surface and mineral rights, 108 acres of private land with mineral rights, 40 acres of private land with surface rights, and approximately 130 acres of unpatented mining claims located in Kellogg, Idaho; Toboggan project that comprise 106 unpatented mining claims located ion Murray, Idaho; McKinley property covering an area of approximately 4,368 acres located in the Simpson Mining District, central Idaho; and Eastern Star Project, which consists of 11 patented lode mining claims located in Elk City, central Idaho. In addition, it holds interest in the Four Square Mine that comprise 334 acres of mining claims located in Murray, Idaho. New Jersey Mining Company was founded in 1996 and is headquartered in Coeur d'Alene, Idaho.
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