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Critical Analysis: Austin Gold (AUST) & Its Peers

Defense World ·  Mar 22, 2023 13:43

Austin Gold (NYSE:AUST – Get Rating) is one of 106 publicly-traded companies in the "Gold & silver ores" industry, but how does it contrast to its competitors? We will compare Austin Gold to related businesses based on the strength of its risk, dividends, earnings, profitability, analyst recommendations, valuation and institutional ownership.

Analyst Recommendations

This is a breakdown of current ratings for Austin Gold and its competitors, as provided by MarketBeat.

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Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Austin Gold 0 0 1 0 3.00
Austin Gold Competitors 645 3074 3803 78 2.44

Austin Gold presently has a consensus target price of $5.25, suggesting a potential upside of 452.63%. As a group, "Gold & silver ores" companies have a potential upside of 51.87%. Given Austin Gold's stronger consensus rating and higher possible upside, analysts clearly believe Austin Gold is more favorable than its competitors.

Earnings and Valuation

This table compares Austin Gold and its competitors top-line revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Austin Gold N/A N/A -13.57
Austin Gold Competitors $1.78 billion $4.66 million 4.23

Austin Gold's competitors have higher revenue and earnings than Austin Gold. Austin Gold is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Insider & Institutional Ownership

1.3% of Austin Gold shares are held by institutional investors. Comparatively, 30.9% of shares of all "Gold & silver ores" companies are held by institutional investors. 70.7% of Austin Gold shares are held by insiders. Comparatively, 6.7% of shares of all "Gold & silver ores" companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Profitability

This table compares Austin Gold and its competitors' net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Austin Gold N/A N/A N/A
Austin Gold Competitors -22.53% -3.46% -0.85%

Summary

Austin Gold beats its competitors on 7 of the 11 factors compared.

Austin Gold Company Profile

(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.

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