Oceanagold (NYSE:OGC) & Lundin Mining (OTCMKTS:LUNMF) Head to Head Analysis

Lundin Mining (OTCMKTS:LUNMF) and Oceanagold (NYSE:OGC) are both materials companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, earnings, institutional ownership, risk, valuation, profitability and analyst recommendations.

Insider and Institutional Ownership

0.1% of Lundin Mining shares are owned by institutional investors. 0.4% of Lundin Mining shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Dividends

Lundin Mining pays an annual dividend of $0.08 per share and has a dividend yield of 0.3%. Oceanagold pays an annual dividend of $0.36 per share and has a dividend yield of 1.2%. Lundin Mining pays out 4.6% of its earnings in the form of a dividend. Oceanagold pays out 18.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Profitability

This table compares Lundin Mining and Oceanagold’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Lundin Mining	31.82%	13.18%	9.73%
Oceanagold	35.14%	36.44%	26.57%

Analyst Recommendations

This is a summary of current recommendations and price targets for Lundin Mining and Oceanagold, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Lundin Mining	0	9	4	0	2.31
Oceanagold	0	1	1	2	3.25

Valuation & Earnings

This table compares Lundin Mining and Oceanagold”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Lundin Mining	$4.05 billion	5.24	$1.28 billion	$1.73	14.41
Oceanagold	$1.89 billion	3.52	$628.70 million	$1.99	15.05

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

Summary

Oceanagold beats Lundin Mining on 8 of the 15 factors compared between the two stocks.

About Lundin Mining

Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, the United States, Portugal, Sweden, and Argentina. It primarily produces copper, zinc, gold, nickel, and molybdenum, as well as lead, silver, and other metals. The company holds 100% interests in the Chapada mine located in Brazil; the Eagle mine located in the United States; the Neves-Corvo mine located in Portugal; and the Zinkgruvan mine located in Sweden. It also holds 80% interests in the Candelaria and Ojos del Salado mining complex; and 51% interest in the Caserones copper-molybdenum mine located in Chile, as well as owns the copper gold Josemaria project located in Argentina. The company was formerly known as South Atlantic Ventures Ltd. and changed its name to Lundin Mining Corporation in August 2004. Lundin Mining Corporation was incorporated in 1994 and is headquartered in Vancouver, Canada.

About Oceanagold

OceanaGold Corporation is an intermediate gold and copper producer. OceanaGold Corporation is based in VANCOUVER, BC.