Financial Analysis: Austin Gold (NYSE:AUST) vs. Skeena Resources (NYSE:SKE)

Austin Gold (NYSE:AUSTGet Rating) and Skeena Resources (NYSE:SKEGet Rating) are both small-cap basic materials companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, valuation, profitability, risk, dividends, earnings and analyst recommendations.

Analyst Ratings

This is a summary of current ratings and price targets for Austin Gold and Skeena Resources, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Austin Gold 0 0 1 0 3.00
Skeena Resources 0 0 2 0 3.00

Austin Gold presently has a consensus target price of $5.25, suggesting a potential upside of 399.95%. Skeena Resources has a consensus target price of $17.10, suggesting a potential upside of 170.14%. Given Austin Gold’s higher possible upside, equities analysts plainly believe Austin Gold is more favorable than Skeena Resources.

Institutional & Insider Ownership

1.3% of Austin Gold shares are held by institutional investors. Comparatively, 32.1% of Skeena Resources shares are held by institutional investors. 70.7% of Austin Gold shares are held by company insiders. Comparatively, 2.0% of Skeena Resources shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Austin Gold and Skeena Resources’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Austin Gold N/A -7.06% -6.94%
Skeena Resources N/A -53.74% -44.64%

Valuation & Earnings

This table compares Austin Gold and Skeena Resources’ gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Austin Gold N/A N/A -$1.07 million ($0.07) -15.00
Skeena Resources N/A N/A -$68.37 million ($0.98) -6.46

Austin Gold is trading at a lower price-to-earnings ratio than Skeena Resources, indicating that it is currently the more affordable of the two stocks.

Summary

Austin Gold beats Skeena Resources on 6 of the 9 factors compared between the two stocks.

About Austin Gold

(Get Rating)

Austin Gold Corp., a gold exploration company, focuses on the exploration and evaluation of mineral property interests in Nevada. The company's principal property the Kelly Creek Project with a mix of 6 patented mining claims and 1,600 unpatented mining claims covering an area of 136.8 square kilometers located in the Kelly Creek Basin, in southeastern Humboldt County, Nevada. Its other projects include the Fourmile Basin Project that comprises 312 unpatented lode mining claims covering approximately 6410 acres located in Nye County; the Lone Mountain Project consisting of 454 unpatented lode mining claims and 6 patented mining claims covering approximately 34.2 square kilometers located near Lone Mountain in Elko County; and the Miller Project with a total of 281 unpatented lode mining claims covering approximately 23.5 square kilometers in Elko County in Nevada. The company was incorporated in 2020 and is headquartered in Vancouver, Canada.

About Skeena Resources

(Get Rating)

Skeena Resources Ltd. operates as a mineral exploration company, which engages in developing the Eskay Creek Project, an advanced-stage exploration project. The company was founded on September 13, 1979 and is headquartered in Vancouver, Canada.

Receive News & Ratings for Austin Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Austin Gold and related companies with MarketBeat.com's FREE daily email newsletter.