Augusta Gold (OTCMKTS:AUGG) versus Harmony Gold Mining (NYSE:HMY) Head-To-Head Contrast

Augusta Gold (OTCMKTS:AUGG) and Harmony Gold Mining (NYSE:HMY) are both basic materials companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, analyst recommendations, dividends, valuation, risk, institutional ownership and earnings.

Earnings & Valuation

This table compares Augusta Gold and Harmony Gold Mining”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Augusta Gold	N/A	N/A	-$6.59 million	($0.09)	-13.51
Harmony Gold Mining	$4.07 billion	3.24	$792.56 million	N/A	N/A

Harmony Gold Mining has higher revenue and earnings than Augusta Gold.

Analyst Recommendations

This is a summary of current recommendations and price targets for Augusta Gold and Harmony Gold Mining, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Augusta Gold	0	0	0	0	0.00
Harmony Gold Mining	0	3	2	1	2.67

Harmony Gold Mining has a consensus price target of $16.00, indicating a potential downside of 22.71%. Given Harmony Gold Mining’s stronger consensus rating and higher probable upside, analysts plainly believe Harmony Gold Mining is more favorable than Augusta Gold.

Profitability

This table compares Augusta Gold and Harmony Gold Mining’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Augusta Gold	N/A	-34.03%	-12.24%
Harmony Gold Mining	N/A	N/A	N/A

Insider and Institutional Ownership

52.4% of Augusta Gold shares are owned by institutional investors. Comparatively, 31.8% of Harmony Gold Mining shares are owned by institutional investors. 45.8% of Augusta Gold shares are owned by insiders. Comparatively, 16.0% of Harmony Gold Mining shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Risk & Volatility

Augusta Gold has a beta of 0.85, indicating that its stock price is 15% less volatile than the S&P 500. Comparatively, Harmony Gold Mining has a beta of 0.95, indicating that its stock price is 5% less volatile than the S&P 500.

Summary

Harmony Gold Mining beats Augusta Gold on 9 of the 11 factors compared between the two stocks.

About Augusta Gold

Augusta Gold Corp. engages in the acquisition and exploration of mineral properties in the United States. The company primarily explores for gold, silver, and other metals. It holds interests in the Bullfrog gold project consists of 734 unpatented lode mining claims and mill site claims, and 87 patented mining claims located in the Bullfrog Hills of Nye County, Nevada; and the Reward Gold Project comprises 123 unpatented Bureau of Land Management (BLM) placer and lode mining claims, and six patented placer mining claims covering approximately 2,333 acres located in Nye County, Nevada. The company was formerly known as Bullfrog Gold Corp. and changed its name to Augusta Gold Corp. in January 2021. Augusta Gold Corp. is headquartered in Vancouver, Canada.

About Harmony Gold Mining

Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of gold. The company explores for uranium, silver, copper, and molybdenum deposits. It has eight underground operations in the Witwatersrand Basin; an open-pit mine on the Kraaipan Greenstone Belt; and various surface source operations in South Africa. In addition, the company owns interests in the Hidden Valley, an open-pit gold and silver mine; and the Wafi-Golpu project located in Morobe Province in Papua New Guinea. Further, it holds interest in Rosby and Eva Copper Project located in Queensland, Australia. Harmony Gold Mining Company Limited was incorporated in 1950 and is headquartered in Randfontein, South Africa.