Corvus Gold (OTCMKTS:CORVF) and New Found Gold (NYSE:NFGC) Financial Review

Corvus Gold (OTCMKTS:CORVF) and New Found Gold (NYSE:NFGC) 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 risk, institutional ownership, earnings, dividends, valuation, profitability and analyst recommendations.

Analyst Ratings

This is a breakdown of recent recommendations for Corvus Gold and New Found Gold, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Corvus Gold	0	0	0	0	0.00
New Found Gold	0	0	1	0	3.00

New Found Gold has a consensus target price of $5.00, suggesting a potential upside of 185.71%. Given New Found Gold’s stronger consensus rating and higher possible upside, analysts plainly believe New Found Gold is more favorable than Corvus Gold.

Insider and Institutional Ownership

0.1% of Corvus Gold shares are held by institutional investors. Comparatively, 3.4% of New Found Gold shares are held by institutional investors. 7.9% of Corvus Gold shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Earnings and Valuation

This table compares Corvus Gold and New Found Gold”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Corvus Gold	N/A	N/A	-$8.21 million	N/A	N/A
New Found Gold	N/A	N/A	-$59.18 million	($0.22)	-7.95

Risk & Volatility

Corvus Gold has a beta of 1.54, meaning that its stock price is 54% more volatile than the S&P 500. Comparatively, New Found Gold has a beta of 0.93, meaning that its stock price is 7% less volatile than the S&P 500.

Profitability

This table compares Corvus Gold and New Found Gold’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Corvus Gold	N/A	-71.79%	-68.52%
New Found Gold	N/A	-82.80%	-68.88%

About Corvus Gold

Corvus Gold, Inc. mineral exploration company, which engages in the acquisition, exploration, and development of mineral properties. The company was founded on April 13, 2010 and is headquartered in Vancouver, Canada.

About New Found Gold

New Found Gold Corp., a mineral exploration company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, and Ontario. It primarily explores for gold deposit. The company holds 100% interests in the Queensway project that includes 96 mineral licenses and 6,659 claims covering an area of 166,475 hectares of land located near Gander, Newfoundland; and the Kingsway project located in Gander, Newfoundland. The company was formerly known as Palisade Resources Corp. and changed its name to New Found Gold Corp. in June 2017. New Found Gold Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.