Analyzing Austin Gold (NYSE:AUST) and U.S. GoldMining (NASDAQ:USGO)

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

Volatility & Risk

U.S. GoldMining has a beta of 2.17, suggesting that its stock price is 117% more volatile than the S&P 500. Comparatively, Austin Gold has a beta of 0.91, suggesting that its stock price is 9% less volatile than the S&P 500.

Insider and Institutional Ownership

0.5% of U.S. GoldMining shares are held by institutional investors. Comparatively, 62.1% of Austin Gold shares are held by institutional investors. 2.0% of U.S. GoldMining shares are held by company insiders. Comparatively, 70.7% of Austin Gold shares are held by company 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.

Earnings & Valuation

This table compares U.S. GoldMining and Austin Gold”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
U.S. GoldMining	N/A	N/A	-$9.36 million	N/A	N/A
Austin Gold	N/A	N/A	-$4.00 million	($0.26)	-10.31

Analyst Ratings

This is a summary of recent ratings and recommmendations for U.S. GoldMining and Austin Gold, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
U.S. GoldMining	0	0	1	0	3.00
Austin Gold	0	0	0	0	0.00

U.S. GoldMining presently has a consensus target price of $24.00, indicating a potential upside of 139.52%. Given U.S. GoldMining’s stronger consensus rating and higher possible upside, research analysts plainly believe U.S. GoldMining is more favorable than Austin Gold.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
U.S. GoldMining	N/A	N/A	N/A
Austin Gold	N/A	-29.73%	-28.74%

Summary

U.S. GoldMining beats Austin Gold on 6 of the 9 factors compared between the two stocks.

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.

About Austin Gold

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. It also holds interest in the Miller Project consisting various unpatented lode mining claims located in Elko County in Nevada. Austin Gold Corp. was incorporated in 2020 and is headquartered in Vancouver, Canada.