Analyzing Barrick Mining (NYSE:B) & Osisko Development (NYSE:ODV)

Barrick Mining (NYSE:B) and Osisko Development (NYSE:ODV) are both basic materials companies, but which is the better stock? We will compare the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, dividends, analyst recommendations and valuation.

Institutional and Insider Ownership

90.8% of Barrick Mining shares are owned by institutional investors. Comparatively, 15.2% of Osisko Development shares are owned by institutional investors. 5.2% of Barrick Mining shares are owned by insiders. Comparatively, 0.9% of Osisko Development shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Barrick Mining and Osisko Development’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Barrick Mining	29.45%	12.10%	8.47%
Osisko Development	N/A	-14.58%	-8.13%

Analyst Recommendations

This is a summary of current ratings and recommmendations for Barrick Mining and Osisko Development, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Barrick Mining	0	4	16	1	2.86
Osisko Development	1	0	2	1	2.75

Barrick Mining currently has a consensus target price of $54.83, suggesting a potential upside of 27.14%. Given Barrick Mining’s stronger consensus rating and higher possible upside, equities research analysts clearly believe Barrick Mining is more favorable than Osisko Development.

Volatility & Risk

Barrick Mining has a beta of 0.5, suggesting that its stock price is 50% less volatile than the S&P 500. Comparatively, Osisko Development has a beta of 0.75, suggesting that its stock price is 25% less volatile than the S&P 500.

Valuation & Earnings

This table compares Barrick Mining and Osisko Development”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Barrick Mining	$16.96 billion	4.26	$4.99 billion	$2.93	14.72
Osisko Development	$25.39 million	40.25	-$120.96 million	($0.85)	-3.95

Barrick Mining has higher revenue and earnings than Osisko Development. Osisko Development is trading at a lower price-to-earnings ratio than Barrick Mining, indicating that it is currently the more affordable of the two stocks.

Summary

Barrick Mining beats Osisko Development on 12 of the 14 factors compared between the two stocks.

About Barrick Mining

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.

About Osisko Development

Osisko Development Corp. acquires, explores, and develops mineral properties in Canada, Mexico, and the United States. It explores for gold; and precious and base metals. The company's flagship asset is the Cariboo Gold Project covering an area of approximately 155,000 hectares consisting of 415 mineral titles located in British Columbia, Canada. It also holds a portfolio of marketable securities. Osisko Development Corp. is based in Montréal, Canada.