Loncor Gold (OTCMKTS:LONCF) versus Austin Gold (NYSE:AUST) Critical Analysis

Loncor Gold (OTCMKTS:LONCFGet Free Report) and Austin Gold (NYSE:AUSTGet Free Report) are both small-cap basic materials companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, valuation, profitability, risk, analyst recommendations, dividends and institutional ownership.

Earnings and Valuation

This table compares Loncor Gold and Austin Gold’s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Loncor Gold N/A N/A -$2.93 million ($0.01) -23.38
Austin Gold N/A N/A -$1.07 million ($0.22) -4.36

Loncor Gold is trading at a lower price-to-earnings ratio than Austin Gold, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Loncor Gold and Austin Gold’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Loncor Gold N/A -5.22% -5.04%
Austin Gold N/A -21.92% -21.70%

Volatility & Risk

Loncor Gold has a beta of 1.15, suggesting that its share price is 15% more volatile than the S&P 500. Comparatively, Austin Gold has a beta of 1.06, suggesting that its share price is 6% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of current recommendations for Loncor Gold and Austin Gold, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Loncor Gold 0 0 0 0 N/A
Austin Gold 0 0 1 0 3.00

Austin Gold has a consensus price target of $3.00, indicating a potential upside of 212.96%. Given Austin Gold’s higher possible upside, analysts plainly believe Austin Gold is more favorable than Loncor Gold.

Institutional & Insider Ownership

0.1% of Austin Gold shares are owned by institutional investors. 22.1% of Loncor Gold shares are owned by insiders. Comparatively, 70.7% of Austin Gold shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Summary

Austin Gold beats Loncor Gold on 6 of the 10 factors compared between the two stocks.

About Loncor Gold

(Get Free Report)

Loncor Gold Inc., a gold exploration company, engages in the acquisition, exploration, and development of precious metal projects in the Ngayu greenstone belt in the northeast of the Democratic Republic of the Congo. It explores for gold and platinum deposits. The company holds 84.68% interest in the Adumbi project, which consist of two mining licenses covering an area of 361 square kilometers located within the Archaean Ngayu Greenstone Belt in the Ituri and Haut Uele provinces in northeastern Congo. It also holds 100% interest in the Isiro properties that consist of 11 exploration permits covering an area of 1,884 square kilometers situated in the province of Haut Uele, in northeastern Congo. In addition, Loncor Gold Inc. owns interest in North Kivu, Ngayu, Devon, Navarro, Makapela, and Yindi projects. The company was formerly known as Loncor Resources Inc. and changed its name to Loncor Gold Inc. in June 2021. Loncor Gold Inc. is headquartered in Toronto, Canada.

About Austin Gold

(Get Free Report)

Austin Gold Corp., a gold exploration company, focuses on the acquisition, exploration, and evaluation of mineral property interests in Nevada. The company holds interest in Kelly Creek Project located in the Kelly Creek Basin, in southeastern Humboldt County, Nevada; Fourmile Basin Project that comprises various unpatented lode mining claims covering approximately 6410 acres located in Nye County; the Lone Mountain Project consisting of various unpatented lode mining and patented mining claims located near Lone Mountain in Elko County; and the Miller Project consisting various unpatented lode mining claims located in Elko County in Nevada. The company was incorporated in 2020 and is headquartered in Vancouver, Canada.

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