Reviewing Taseko Mines (NYSE:TGB) & Nova Minerals (NASDAQ:NVA)

Nova Minerals (NASDAQ:NVAGet Free Report) and Taseko Mines (NYSE:TGBGet Free Report) are both basic materials companies, but which is the superior business? We will contrast the two businesses based on the strength of their analyst recommendations, profitability, earnings, institutional ownership, valuation, dividends and risk.

Insider and Institutional Ownership

17.9% of Taseko Mines shares are held by institutional investors. 2.3% of Taseko Mines shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Nova Minerals and Taseko Mines’ 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
Taseko Mines -2.09% 12.04% 2.89%

Valuation & Earnings

This table compares Nova Minerals and Taseko Mines”s revenue, earnings per share (EPS) 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
Taseko Mines $578.65 million 2.23 $61.28 million ($0.06) -68.00

Taseko Mines has higher revenue and earnings than Nova Minerals.

Analyst Recommendations

This is a summary of current recommendations for Nova Minerals and Taseko Mines, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nova Minerals 1 0 0 0 1.00
Taseko Mines 0 1 2 0 2.67

Taseko Mines has a consensus price target of $5.00, indicating a potential upside of 22.55%. Given Taseko Mines’ stronger consensus rating and higher possible upside, analysts clearly believe Taseko Mines is more favorable than Nova Minerals.

Summary

Taseko Mines beats Nova Minerals on 8 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 Taseko Mines

(Get Free Report)

Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. It explores for copper, molybdenum, gold, niobium, and silver deposits. The company’s principal asset comprises 100% interest owned the Gibraltar mine located in British Columbia. It also holds interest in the Yellowhead copper project, the Aley niobium project, and the New Prosperity gold and copper project located in British Columbia; and the Florence copper project located in Arizona. Taseko Mines Limited was incorporated in 1966 and is headquartered in Vancouver, Canada.

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