Antofagasta (OTCMKTS:ANFGF – Get Free Report) and Taseko Mines (NYSE:TGB – Get Free Report) are both basic materials companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, analyst recommendations, dividends and valuation.
Analyst Recommendations
This is a breakdown of recent ratings and target prices for Antofagasta and Taseko Mines, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Antofagasta | 0 | 0 | 0 | 0 | 0.00 |
Taseko Mines | 0 | 0 | 2 | 1 | 3.33 |
Taseko Mines has a consensus price target of $3.50, suggesting a potential upside of 36.72%. Given Taseko Mines’ stronger consensus rating and higher possible upside, analysts plainly believe Taseko Mines is more favorable than Antofagasta.
Valuation and Earnings
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Antofagasta | N/A | N/A | N/A | $0.60 | 39.90 |
Taseko Mines | $582.21 million | 1.32 | $61.28 million | $0.19 | 13.47 |
Taseko Mines has higher revenue and earnings than Antofagasta. Taseko Mines is trading at a lower price-to-earnings ratio than Antofagasta, indicating that it is currently the more affordable of the two stocks.
Institutional and Insider Ownership
17.3% of Antofagasta shares are held by institutional investors. Comparatively, 17.9% of Taseko Mines shares are held by institutional investors. 2.3% of Taseko Mines shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Profitability
This table compares Antofagasta and Taseko Mines’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Antofagasta | N/A | N/A | N/A |
Taseko Mines | 13.07% | 18.82% | 4.78% |
Summary
Taseko Mines beats Antofagasta on 10 of the 12 factors compared between the two stocks.
About Antofagasta
Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, ZaldÃvar, Exploration and Evaluation, and Transport Division segments. Its mines produce copper cathodes and copper concentrates; and molybdenum, gold, and silver by-products. The company also has exploration projects in various countries. In addition, it provides rail and road cargo services to mining customers in northern Chile. The company was incorporated in 1888 and is headquartered in London, the United Kingdom. Antofagasta plc operates as a subsidiary of Metalinvest Anstalt.
About Taseko Mines
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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