Theta Gold Mines (OTCMKTS:TGMGF – Get Free Report) and B2Gold (NYSE:BTG – Get Free Report) are both basic materials companies, but which is the superior business? We will compare the two companies based on the strength of their risk, valuation, earnings, dividends, institutional ownership, profitability and analyst recommendations.
Volatility and Risk
Theta Gold Mines has a beta of -3.22, indicating that its share price is 422% less volatile than the S&P 500. Comparatively, B2Gold has a beta of 1.15, indicating that its share price is 15% more volatile than the S&P 500.
Earnings & Valuation
This table compares Theta Gold Mines and B2Gold”s gross revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Theta Gold Mines | N/A | N/A | N/A | N/A | N/A |
B2Gold | $1.93 billion | 2.23 | $10.10 million | ($0.11) | -29.91 |
Insider & Institutional Ownership
61.4% of B2Gold shares are held by institutional investors. 1.2% of B2Gold shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Profitability
This table compares Theta Gold Mines and B2Gold’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Theta Gold Mines | N/A | N/A | N/A |
B2Gold | -7.44% | 8.01% | 6.25% |
Analyst Ratings
This is a summary of current ratings and price targets for Theta Gold Mines and B2Gold, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Theta Gold Mines | 0 | 0 | 0 | 0 | N/A |
B2Gold | 0 | 5 | 1 | 0 | 2.17 |
B2Gold has a consensus target price of $4.12, suggesting a potential upside of 25.13%. Given B2Gold’s higher possible upside, analysts clearly believe B2Gold is more favorable than Theta Gold Mines.
Summary
B2Gold beats Theta Gold Mines on 8 of the 9 factors compared between the two stocks.
About Theta Gold Mines
Theta Gold Mines Limited operates as a gold exploration and development company in South Africa. Its principal property is the Theta project located near the town of Pilgrim’s Rest in Mpumalanga Province. The company was formerly known as Stonewall Resources Limited and changed its name to Theta Gold Mines Limited in December 2018. The company was incorporated in 2008 and is based in Sydney, Australia.
About B2Gold
B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp. In addition, it has a portfolio of other evaluation and exploration assets in Mali and Finland. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.
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