Augusta Gold (OTCMKTS:AUGG – Get Free Report) and NioCorp Developments (NASDAQ:NB – Get Free Report) are both small-cap basic materials companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, dividends, risk, earnings, profitability and valuation.
Insider & Institutional Ownership
52.4% of Augusta Gold shares are held by institutional investors. Comparatively, 4.0% of NioCorp Developments shares are held by institutional investors. 45.8% of Augusta Gold shares are held by company insiders. Comparatively, 18.7% of NioCorp Developments shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Profitability
This table compares Augusta Gold and NioCorp Developments’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Augusta Gold | N/A | -26.05% | -12.03% |
| NioCorp Developments | N/A | -8,973.12% | -206.20% |
Earnings & Valuation
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Augusta Gold | N/A | N/A | $6.66 million | ($0.09) | -10.43 |
| NioCorp Developments | N/A | N/A | -$11.44 million | ($0.85) | -1.69 |
Augusta Gold is trading at a lower price-to-earnings ratio than NioCorp Developments, indicating that it is currently the more affordable of the two stocks.
Analyst Ratings
This is a summary of recent ratings and price targets for Augusta Gold and NioCorp Developments, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Augusta Gold | 0 | 0 | 0 | 0 | 0.00 |
| NioCorp Developments | 0 | 0 | 1 | 0 | 3.00 |
NioCorp Developments has a consensus target price of $8.50, suggesting a potential upside of 490.28%. Given NioCorp Developments’ stronger consensus rating and higher possible upside, analysts clearly believe NioCorp Developments is more favorable than Augusta Gold.
Risk & Volatility
Augusta Gold has a beta of 0.98, indicating that its stock price is 2% less volatile than the S&P 500. Comparatively, NioCorp Developments has a beta of -0.39, indicating that its stock price is 139% less volatile than the S&P 500.
Summary
Augusta Gold beats NioCorp Developments on 7 of the 11 factors compared between the two stocks.
About Augusta Gold
Augusta Gold Corp. engages in the acquisition and exploration of mineral properties in the United States. The company primarily explores for gold, silver, and other metals. It holds interests in the Bullfrog gold project consists of 734 unpatented lode mining claims and mill site claims, and 87 patented mining claims located in the Bullfrog Hills of Nye County, Nevada; and the Reward Gold Project comprises 123 unpatented Bureau of Land Management (BLM) placer and lode mining claims, and six patented placer mining claims covering approximately 2,333 acres located in Nye County, Nevada. The company was formerly known as Bullfrog Gold Corp. and changed its name to Augusta Gold Corp. in January 2021. Augusta Gold Corp. is headquartered in Vancouver, Canada.
About NioCorp Developments
NioCorp Developments Ltd. engages in the exploration and development of mineral deposits in North America. It owns and develops the Elk Creek niobium/scandium/titanium project that owns one 226.43-acre parcel of land and associated mineral rights, and an additional 40 acres of mineral rights, as well as an optioned land package that covers an area of 1,396 acres located in Johnson County, southeast Nebraska. The company was formerly known as Quantum Rare Earth Developments Corp. and changed its name to NioCorp Developments Ltd. in March 2013. NioCorp Developments Ltd. was incorporated in 1987 and is headquartered in Centennial, Colorado.
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