Antofagasta (OTCMKTS:ANFGF – Get Free Report) and Taseko Mines (NYSE:TGB – Get Free Report) are both basic materials companies, but which is the better business? We will compare the two companies based on the strength of their risk, institutional ownership, profitability, earnings, valuation, dividends and analyst recommendations.
Analyst Recommendations
This is a summary of current recommendations for Antofagasta and Taseko Mines, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Antofagasta | 0 | 0 | 0 | 0 | N/A |
Taseko Mines | 0 | 0 | 2 | 1 | 3.33 |
Taseko Mines has a consensus price target of $3.50, indicating a potential upside of 50.86%. Given Taseko Mines’ higher possible upside, analysts plainly believe Taseko Mines is more favorable than Antofagasta.
Profitability
Net Margins | Return on Equity | Return on Assets | |
Antofagasta | N/A | N/A | N/A |
Taseko Mines | 13.07% | 18.82% | 4.78% |
Insider and Institutional Ownership
17.3% of Antofagasta shares are owned by institutional investors. Comparatively, 17.9% of Taseko Mines shares are owned by institutional investors. 2.3% of Taseko Mines shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Valuation & Earnings
This table compares Antofagasta and Taseko Mines”s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Antofagasta | N/A | N/A | N/A | $0.60 | 38.68 |
Taseko Mines | $388.86 million | 1.79 | $61.28 million | $0.19 | 12.21 |
Taseko Mines has higher revenue and earnings than Antofagasta. Taseko Mines is trading at a lower price-to-earnings ratio than Antofagasta, indicating that it is currently the more affordable of the two stocks.
Summary
Taseko Mines beats Antofagasta on 9 of the 11 factors compared between the two stocks.
About Antofagasta
Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, ZaldÃvar, Exploration and Evaluation, and Transport Division segments. Its mines produce copper cathodes and copper concentrates; and molybdenum, gold, and silver by-products. The company also has exploration projects in various countries. In addition, it provides rail and road cargo services to mining customers in northern Chile. The company was incorporated in 1888 and is headquartered in London, the United Kingdom. Antofagasta plc operates as a subsidiary of Metalinvest Anstalt.
About Taseko Mines
Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. It explores for copper, molybdenum, gold, niobium, and silver deposits. The company’s principal asset comprises 100% interest owned the Gibraltar mine located in British Columbia. It also holds interest in the Yellowhead copper project, the Aley niobium project, and the New Prosperity gold and copper project located in British Columbia; and the Florence copper project located in Arizona. Taseko Mines Limited was incorporated in 1966 and is headquartered in Vancouver, Canada.
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