Comparing Cleveland-Cliffs (NYSE:CLF) & Augusta Gold (OTCMKTS:BFGCD)

Cleveland-Cliffs (NYSE:CLFGet Free Report) and Augusta Gold (OTCMKTS:BFGCDGet Free Report) are both basic materials companies, but which is the better stock? We will compare the two companies based on the strength of their risk, institutional ownership, profitability, earnings, valuation, analyst recommendations and dividends.

Volatility & Risk

Cleveland-Cliffs has a beta of 1.98, suggesting that its share price is 98% more volatile than the S&P 500. Comparatively, Augusta Gold has a beta of 1.19, suggesting that its share price is 19% more volatile than the S&P 500.

Valuation and Earnings

This table compares Cleveland-Cliffs and Augusta Gold”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Cleveland-Cliffs $21.01 billion 0.32 $399.00 million $0.74 18.84
Augusta Gold N/A N/A N/A ($0.12) -4.89

Cleveland-Cliffs has higher revenue and earnings than Augusta Gold. Augusta Gold is trading at a lower price-to-earnings ratio than Cleveland-Cliffs, indicating that it is currently the more affordable of the two stocks.

Institutional and Insider Ownership

67.7% of Cleveland-Cliffs shares are owned by institutional investors. 1.8% of Cleveland-Cliffs shares are owned by company insiders. Comparatively, 13.0% of Augusta Gold shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Cleveland-Cliffs and Augusta Gold’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Cleveland-Cliffs 0.21% 4.94% 2.21%
Augusta Gold N/A N/A N/A

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Cleveland-Cliffs and Augusta Gold, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cleveland-Cliffs 2 5 2 1 2.20
Augusta Gold 0 0 0 0 N/A

Cleveland-Cliffs presently has a consensus target price of $17.56, indicating a potential upside of 25.99%. Given Cleveland-Cliffs’ higher probable upside, equities analysts plainly believe Cleveland-Cliffs is more favorable than Augusta Gold.

Summary

Cleveland-Cliffs beats Augusta Gold on 11 of the 12 factors compared between the two stocks.

About Cleveland-Cliffs

(Get Free Report)

Cleveland-Cliffs is the largest flat-rolled steel company and the largest iron ore pellet producer in North America. The company is vertically integrated from mining through iron making, steelmaking, rolling, finishing and downstream with hot and cold stamping of steel parts and components. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. Cleveland-Cliffs Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.

About Augusta Gold

(Get Free Report)

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.

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