New Gold (NYSE:NGD) vs. Metals Acquisition (NYSE:MTAL) Head to Head Review

New Gold (NYSE:NGD) and Metals Acquisition (NYSE:MTAL) are both basic materials companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, dividends, profitability, analyst recommendations, valuation, earnings and risk.

Risk and Volatility

New Gold has a beta of 1.31, indicating that its stock price is 31% more volatile than the S&P 500. Comparatively, Metals Acquisition has a beta of 0.07, indicating that its stock price is 93% less volatile than the S&P 500.

Valuation & Earnings

This table compares New Gold and Metals Acquisition”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
New Gold	$861.50 million	2.51	-$64.50 million	$0.02	136.75
Metals Acquisition	$159.00 million	5.99	-$144.55 million	N/A	N/A

New Gold has higher revenue and earnings than Metals Acquisition.

Institutional and Insider Ownership

42.8% of New Gold shares are owned by institutional investors. Comparatively, 87.5% of Metals Acquisition shares are owned by institutional investors. 0.2% of New Gold shares are owned by company insiders. Comparatively, 1.8% of Metals Acquisition shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Analyst Recommendations

This is a breakdown of current recommendations for New Gold and Metals Acquisition, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
New Gold	0	2	3	2	3.00
Metals Acquisition	0	1	2	0	2.67

New Gold presently has a consensus target price of $3.08, indicating a potential upside of 12.61%. Metals Acquisition has a consensus target price of $15.00, indicating a potential upside of 16.73%. Given Metals Acquisition’s higher probable upside, analysts plainly believe Metals Acquisition is more favorable than New Gold.

Profitability

This table compares New Gold and Metals Acquisition’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
New Gold	2.33%	9.38%	3.87%
Metals Acquisition	N/A	N/A	N/A

Summary

New Gold beats Metals Acquisition on 9 of the 13 factors compared between the two stocks.

About New Gold

New Gold Inc., an intermediate gold mining company, develops and operates of mineral properties in Canada. It primarily explores for gold, silver, and copper deposits. The company’s principal operating properties include 100% interest in the Rainy River mine located in Northwestern Ontario, Canada; and New Afton project situated in South-Central British Columbia. New Gold Inc. is headquartered in Toronto, Canada.

About Metals Acquisition

Metals Acquisition Limited focuses on mining and production of copper and silver. It operates the CSA copper mine in Cobar, Australia. The company was incorporated in 2022 and is headquartered in Saint Helier, Jersey.