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Analyzing Austin Gold (AUST) and Its Rivals

Defense World ·  Mar 24, 2023 14:26

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

Insider & Institutional Ownership

1.3% of Austin Gold shares are held by institutional investors. Comparatively, 31.3% 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 endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

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Profitability

This table compares Austin Gold and its rivals' 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%

Earnings and Valuation

This table compares Austin Gold and its rivals revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Austin Gold N/A N/A -15.78
Austin Gold Competitors $1.78 billion $4.66 million 4.28

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

Analyst Recommendations

This is a breakdown of recent recommendations for Austin Gold and its rivals, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Austin Gold 0 0 1 0 3.00
Austin Gold Competitors 646 3074 3805 78 2.44

Austin Gold currently has a consensus price target of $5.25, suggesting a potential upside of 375.20%. As a group, "Gold & silver ores" companies have a potential upside of 47.35%. Given Austin Gold's stronger consensus rating and higher probable upside, equities research analysts plainly believe Austin Gold is more favorable than its rivals.

Summary

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

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.

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