McEwen Mining (NYSE:MUX) & U.S. GoldMining (NASDAQ:USGO) Financial Comparison

McEwen Mining (NYSE:MUX) and U.S. GoldMining (NASDAQ:USGO) are both small-cap basic materials companies, but which is the better stock? We will contrast the two businesses based on the strength of their earnings, dividends, profitability, analyst recommendations, institutional ownership, risk and valuation.

Analyst Recommendations

This is a summary of recent ratings and target prices for McEwen Mining and U.S. GoldMining, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
McEwen Mining	0	0	2	0	3.00
U.S. GoldMining	0	0	1	0	3.00

McEwen Mining currently has a consensus target price of $15.63, suggesting a potential upside of 85.57%. U.S. GoldMining has a consensus target price of $24.00, suggesting a potential upside of 190.91%. Given U.S. GoldMining’s higher possible upside, analysts plainly believe U.S. GoldMining is more favorable than McEwen Mining.

Volatility and Risk

McEwen Mining has a beta of 1.43, suggesting that its share price is 43% more volatile than the S&P 500. Comparatively, U.S. GoldMining has a beta of 2.17, suggesting that its share price is 117% more volatile than the S&P 500.

Valuation & Earnings

This table compares McEwen Mining and U.S. GoldMining”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
McEwen Mining	$199.63 million	2.23	$55.30 million	$2.19	3.84
U.S. GoldMining	N/A	N/A	-$9.36 million	N/A	N/A

McEwen Mining has higher revenue and earnings than U.S. GoldMining.

Insider & Institutional Ownership

17.0% of McEwen Mining shares are owned by institutional investors. Comparatively, 0.5% of U.S. GoldMining shares are owned by institutional investors. 17.1% of McEwen Mining shares are owned by company insiders. Comparatively, 2.0% of U.S. GoldMining shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares McEwen Mining and U.S. GoldMining’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
McEwen Mining	51.31%	20.77%	15.70%
U.S. GoldMining	N/A	N/A	N/A

Summary

McEwen Mining beats U.S. GoldMining on 8 of the 10 factors compared between the two stocks.

About McEwen Mining

McEwen Mining Inc. engages in the exploration, development, production, and sale of gold and silver. It also explores for copper deposits. The company owns 100% interests in the El Gallo and Fenix projects located in Mexico; and the Black Fox Mine and Stock Mill, Grey Fox, and Froome and Tamarack properties in Canada. It also owns interests in the Fuller, Davidson-Tisdale, Buffalo Ankerite, and Paymaster exploration properties located in Canada; and a 49% interest in the San José mine located in Argentina. In addition, the company owns 100% interests in the Gold Bar and Tonkin properties located in Eureka County, Nevada; and interests in the Los Azules copper project located in the cordilleran region in the province of San Juan, Argentina. The company was formerly known as US Gold Corporation and changed its name to McEwen Mining Inc. in January 2012. McEwen Mining Inc. was founded in 1979 and is headquartered in Toronto, Canada.

About U.S. GoldMining

U.S. GoldMining Inc., an exploration stage company, engages in the exploration and development of mineral properties in the United States. The company's primary asset is the 100%-owned Whistler exploration property, a gold-copper exploration project comprising mining claims totaling 53,700 acres located in Yentna Mining District, Alaska. The company was incorporated in 2015 and is based in Vancouver, Canada. U.S. GoldMining Inc. operates as a subsidiary of GoldMining Inc.