Financial Comparison: Barrick Gold (NYSE:GOLD) & U.S. GoldMining (NASDAQ:USGO)

U.S. GoldMining (NASDAQ:USGO) and Barrick Gold (NYSE:GOLD) are both basic materials companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, risk, earnings, institutional ownership, valuation, dividends and profitability.

Volatility & Risk

U.S. GoldMining has a beta of 2.17, indicating that its share price is 117% more volatile than the S&P 500. Comparatively, Barrick Gold has a beta of 0.56, indicating that its share price is 44% less volatile than the S&P 500.

Profitability

This table compares U.S. GoldMining and Barrick Gold’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
U.S. GoldMining	N/A	N/A	N/A
Barrick Gold	13.19%	5.82%	4.07%

Valuation & Earnings

This table compares U.S. GoldMining and Barrick Gold”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
U.S. GoldMining	N/A	N/A	-$9.36 million	N/A	N/A
Barrick Gold	$11.40 billion	2.70	$1.27 billion	$0.93	18.90

Barrick Gold has higher revenue and earnings than U.S. GoldMining.

Analyst Ratings

This is a summary of current ratings for U.S. GoldMining and Barrick Gold, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
U.S. GoldMining	0	0	1	0	3.00
Barrick Gold	0	4	7	0	2.64

U.S. GoldMining currently has a consensus price target of $24.00, indicating a potential upside of 89.13%. Barrick Gold has a consensus price target of $25.60, indicating a potential upside of 45.62%. Given U.S. GoldMining’s stronger consensus rating and higher probable upside, equities research analysts clearly believe U.S. GoldMining is more favorable than Barrick Gold.

Institutional and Insider Ownership

0.5% of U.S. GoldMining shares are owned by institutional investors. Comparatively, 62.9% of Barrick Gold shares are owned by institutional investors. 2.0% of U.S. GoldMining shares are owned by insiders. Comparatively, 0.6% of Barrick Gold shares are owned by 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.

Summary

Barrick Gold beats U.S. GoldMining on 7 of the 11 factors compared between the two stocks.

About U.S. GoldMining

U.S. GoldMining Inc., an exploration stage company, engages in the exploration and development of mineral properties in the United States. The company's primary asset is the 100%-owned Whistler exploration property, a gold-copper exploration project comprising mining claims totaling 53,700 acres located in Yentna Mining District, Alaska. The company was incorporated in 2015 and is based in Vancouver, Canada. U.S. GoldMining Inc. operates as a subsidiary of GoldMining Inc.

About Barrick Gold

Barrick Gold Corporation is a sector-leading gold and copper producer.  Its shares trade on the New York Stock Exchange under the symbol GOLD and on the Toronto Stock Exchange under the symbol ABX.
 
In January 2019 Barrick merged with Randgold Resources and in July that year it combined its gold mines in Nevada, USA, with those of Newmont Corporation in a joint venture, Nevada Gold Mines, which is majority-owned and operated by Barrick. Nevada Gold Mines is the world’s largest gold mining complex.  Barrick owns and operates six Tier One gold mines:  Cortez, Carlin and Turquoise Ridge in Nevada, Loulo-Gounkoto in Mali, Kibali in the Democratic Republic of Congo and Pueblo Viejo in the Dominican Republic.
 
It has gold and copper mines and projects in 13 countries in North and South America, Africa, Papua New Guinea and Saudi Arabia. Barrick’s diversified portfolio spans the world’s most prolific gold districts and is focused on high-margin, long life assets.