Financial Survey: TMC the metals (NASDAQ:TMC) vs. Augusta Gold (OTCMKTS:BFGCD)

Augusta Gold (OTCMKTS:BFGCD) and TMC the metals (NASDAQ:TMC) are both small-cap mining companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, profitability, analyst recommendations, institutional ownership, earnings, valuation and dividends.

Volatility and Risk

Augusta Gold has a beta of 1.19, indicating that its share price is 19% more volatile than the S&P 500. Comparatively, TMC the metals has a beta of 1.54, indicating that its share price is 54% more volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings and recommmendations for Augusta Gold and TMC the metals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Augusta Gold	0	0	0	0	0.00
TMC the metals	0	1	1	0	2.50

TMC the metals has a consensus price target of $3.88, suggesting a potential upside of 112.91%. Given TMC the metals’ stronger consensus rating and higher probable upside, analysts clearly believe TMC the metals is more favorable than Augusta Gold.

Earnings & Valuation

This table compares Augusta Gold and TMC the metals”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Augusta Gold	N/A	N/A	N/A	($0.12)	-6.81
TMC the metals	N/A	N/A	-$73.78 million	($0.31)	-5.87

Augusta Gold is trading at a lower price-to-earnings ratio than TMC the metals, indicating that it is currently the more affordable of the two stocks.

Institutional and Insider Ownership

4.4% of TMC the metals shares are owned by institutional investors. 13.0% of Augusta Gold shares are owned by company insiders. Comparatively, 30.0% of TMC the metals shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Profitability

This table compares Augusta Gold and TMC the metals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Augusta Gold	N/A	N/A	N/A
TMC the metals	N/A	-624.70%	-155.10%

Summary

TMC the metals beats Augusta Gold on 7 of the 10 factors compared between the two stocks.

About Augusta Gold

Augusta Gold Corp., a junior exploration company, engages in the acquisition and exploration of mineral properties in the United States. It primarily explores for gold, silver, and other metals. The company holds interests in the Bullfrog gold project located in the Bullfrog Hills of Nye County, Nevada. It also owns, controls, or has acquired mineral rights on Federal patented and unpatented mining claims in the state of Nevada for the purpose of exploration and potential development of metals on a total of approximately 7,800 acres of land. The company was formerly known as Bullfrog Gold Corp. and changed its name to Augusta Gold Corp. in January 2021. Augusta Gold Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.

About TMC the metals

TMC the metals company Inc., a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in California. It primarily explores for nickel, cobalt, copper, and manganese products. The company holds exploration and commercial rights in three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean. Its products are used in electric vehicles (EV), renewable energy storage markets, EV wiring, energy transmission, manganese alloy production required for steel production, and other applications. The company was formerly known as Sustainable Opportunities Acquisition Corporation and changed its name to TMC the metals company Inc. TMC the metals company Inc. was founded in 2011 and is based in Vancouver, Canada.