Namib Minerals (NASDAQ:NAMM) and B2Gold (NYSE:BTG) Critical Survey

B2Gold (NYSE:BTG) and Namib Minerals (NASDAQ:NAMM) are both basic materials companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, dividends, earnings, risk, valuation and profitability.

Profitability

This table compares B2Gold and Namib Minerals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
B2Gold	-33.12%	5.65%	4.06%
Namib Minerals	N/A	N/A	-56.66%

Analyst Ratings

This is a breakdown of current recommendations for B2Gold and Namib Minerals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
B2Gold	1	5	2	0	2.13
Namib Minerals	2	0	0	0	1.00

B2Gold presently has a consensus target price of $6.00, indicating a potential upside of 31.29%. Given B2Gold’s stronger consensus rating and higher probable upside, equities research analysts plainly believe B2Gold is more favorable than Namib Minerals.

Insider & Institutional Ownership

61.4% of B2Gold shares are held by institutional investors. Comparatively, 59.5% of Namib Minerals shares are held by institutional investors. 1.2% of B2Gold shares are held by insiders. Comparatively, 30.5% of Namib Minerals shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Volatility and Risk

B2Gold has a beta of 0.6, indicating that its share price is 40% less volatile than the S&P 500. Comparatively, Namib Minerals has a beta of -0.12, indicating that its share price is 112% less volatile than the S&P 500.

Earnings & Valuation

This table compares B2Gold and Namib Minerals”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
B2Gold	$2.51 billion	2.44	$10.10 million	$0.14	32.64
Namib Minerals	N/A	N/A	-$20.75 million	($1.27)	-0.76

B2Gold has higher revenue and earnings than Namib Minerals. Namib Minerals is trading at a lower price-to-earnings ratio than B2Gold, indicating that it is currently the more affordable of the two stocks.

Summary

B2Gold beats Namib Minerals on 10 of the 13 factors compared between the two stocks.

About B2Gold

B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp. In addition, it has a portfolio of other evaluation and exploration assets in Mali and Finland. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.

About Namib Minerals

Namib Minerals is a gold producer, developer and explorer with operations focused principally in Zimbabwe. Namib Minerals, formerly known as Hennessy Capital Investment Corp. VI, is based in New York.