Analyzing Theta Gold Mines (OTCMKTS:TGMGF) & Perpetua Resources (NASDAQ:PPTA)

Theta Gold Mines (OTCMKTS:TGMGF) and Perpetua Resources (NASDAQ:PPTA) are both small-cap basic materials companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, earnings, dividends, analyst recommendations, valuation, risk and profitability.

Valuation & Earnings

This table compares Theta Gold Mines and Perpetua Resources”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Theta Gold Mines	N/A	N/A	N/A	N/A	N/A
Perpetua Resources	N/A	N/A	-$18.77 million	($0.22)	-39.00

Profitability

This table compares Theta Gold Mines and Perpetua Resources’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Theta Gold Mines	N/A	N/A	N/A
Perpetua Resources	N/A	-19.48%	-17.08%

Analyst Recommendations

This is a breakdown of current recommendations for Theta Gold Mines and Perpetua Resources, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Theta Gold Mines	0	0	0	0	0.00
Perpetua Resources	0	0	3	0	3.00

Perpetua Resources has a consensus price target of $22.00, suggesting a potential upside of 156.41%. Given Perpetua Resources’ stronger consensus rating and higher probable upside, analysts plainly believe Perpetua Resources is more favorable than Theta Gold Mines.

Volatility and Risk

Theta Gold Mines has a beta of -2.99, indicating that its stock price is 399% less volatile than the S&P 500. Comparatively, Perpetua Resources has a beta of 0.2, indicating that its stock price is 80% less volatile than the S&P 500.

Institutional & Insider Ownership

70.1% of Perpetua Resources shares are held by institutional investors. 1.9% of Perpetua Resources shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Summary

Perpetua Resources beats Theta Gold Mines on 6 of the 8 factors compared between the two stocks.

About Theta Gold Mines

Theta Gold Mines Limited operates as a gold exploration and development company in South Africa. Its principal property is the Theta project located near the town of Pilgrim’s Rest in Mpumalanga Province. The company was formerly known as Stonewall Resources Limited and changed its name to Theta Gold Mines Limited in December 2018. The company was incorporated in 2008 and is based in Sydney, Australia.

About Perpetua Resources

Perpetua Resources Corp. engages in the exploration and development of mineral properties in the United States. The company primarily explores for gold, silver, and antimony deposits. Its principal asset is the 100% owned Stibnite Gold project, which includes 1,672 unpatented lode claims, mill sites, and patented land holdings covering an area of approximately 11,548 hectares located in Valley County, Idaho. The company was formerly known as Midas Gold Corp. and changed its name to Perpetua Resources Corp. in February 2021. Perpetua Resources Corp. was incorporated in 2011 and is headquartered in Boise, Idaho.