Nova Minerals (NASDAQ:NVA) versus Gold Resource (NYSE:GORO) Head-To-Head Contrast

Nova Minerals (NASDAQ:NVAGet Free Report) and Gold Resource (NYSE:GOROGet Free Report) are both small-cap basic materials companies, but which is the superior investment? We will compare the two companies based on the strength of their analyst recommendations, profitability, risk, valuation, earnings, institutional ownership and dividends.

Profitability

This table compares Nova Minerals and Gold Resource’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Nova Minerals N/A N/A N/A
Gold Resource -61.31% -35.25% -16.15%

Institutional & Insider Ownership

18.4% of Gold Resource shares are owned by institutional investors. 1.3% of Gold Resource shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Analyst Recommendations

This is a summary of current ratings and recommmendations for Nova Minerals and Gold Resource, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nova Minerals 1 0 0 0 1.00
Gold Resource 0 0 1 0 3.00

Gold Resource has a consensus price target of $1.50, suggesting a potential upside of 114.29%. Given Gold Resource’s stronger consensus rating and higher possible upside, analysts clearly believe Gold Resource is more favorable than Nova Minerals.

Earnings & Valuation

This table compares Nova Minerals and Gold Resource”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Nova Minerals N/A N/A N/A N/A N/A
Gold Resource $61.43 million 1.84 -$16.02 million ($0.34) -2.06

Nova Minerals has higher earnings, but lower revenue than Gold Resource.

Summary

Gold Resource beats Nova Minerals on 6 of the 9 factors compared between the two stocks.

About Nova Minerals

(Get Free Report)

We are an exploration stage company, and our flagship project is the Estelle Gold Project located in Alaska. We have no operating revenues and do not anticipate generating revenues in the foreseeable future. However, we expect to complete our first gold pour in late 2028, although there is no assurance that we will meet that timeframe and consummation of any such commercial production is subject to the risks described herein. The Estelle Gold Project, or the Project, which is 85% owned by us, contains multiple mining complexes across a 35km long mineralized corridor of over 20 identified gold prospects, including two already defined multi-million ounce resources across four deposits containing a combined S-K 1300 compliant 5.17 million ounce (“Moz”) Au, of which Nova’s 85% attributable interest is 4.41 Moz Au. Recently the Company has also discovered antimony and other critical minerals coincident with the gold in surface sampling on numerous prospects across the project. The Project, which is comprised of 513km2 of unpatented mining claims located on State of Alaska public lands, is situated on the Estelle Gold Trend in Alaska’s prolific Tintina Gold Belt, a province which hosts a 220 Moz documented gold endowment and some of the world’s largest gold mines and discoveries including Victoria Gold’s Eagle Mine and Kinross Gold Corporation’s Fort Knox Gold Mine. — Our vision is to develop the Estelle Gold Project to become a world class, tier-one, global gold producer. The project contains multiple mining complexes across a 35km long mineralized corridor of over 20 identified gold prospects, including two already defined multi-million ounce resources across four deposits containing a combined S-K 1300 compliant 5.17 Moz Au (0.18 Moz Au Measured, 2.54 Moz Au Indicated, and 2.45 Moz Inferred) of which Nova’s 85% attributable interest is 4.41 Moz Au (0.16 Moz Au Measured, 2.22 Moz Au Indicated, and. 2.03 Moz Inferred). Recently the Company has also discovered antimony and other critical minerals coincident with the gold in surface sampling on numerous prospects across the project. Our principal executive office is Suite 5, 242 Hawthorn Road, Caulfield, Victoria 3161 Australia. The telephone number at our executive office is +61 3 9537 1238. Our registered office is located at Suite 5 on 242 Hawthorn Road in Caulfield, Australia. Our agent for service of process in the United States is our wholly-owned U.S. subsidiary Alaska Range Resources LLC, 1150 S Colony Way, Suite 3-440, Palmer, AK 99645.

About Gold Resource

(Get Free Report)

Gold Resource Corporation engages in the exploration, development, and production of gold and silver projects in Mexico and the United States. The company also explores for copper, lead, and zinc deposits. Its principal assets are the 100% owned Don David gold mine and Back Forty project covering approximately 1,304 hectares located in Menominee county, Michigan. The company was incorporated in 1998 and is headquartered in Denver, Colorado.

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