Head-To-Head Contrast: Battle North Gold (OTCMKTS:BNAUF) and Sigma Lithium (NASDAQ:SGML)

Battle North Gold (OTCMKTS:BNAUF) and Sigma Lithium (NASDAQ:SGML) are both small-cap basic materials companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, institutional ownership, profitability, valuation, analyst recommendations, risk and dividends.

Risk & Volatility

Battle North Gold has a beta of 1.77, suggesting that its share price is 77% more volatile than the S&P 500. Comparatively, Sigma Lithium has a beta of 0.15, suggesting that its share price is 85% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings for Battle North Gold and Sigma Lithium, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Battle North Gold	0	0	0	0	0.00
Sigma Lithium	0	0	2	0	3.00

Sigma Lithium has a consensus target price of $24.50, suggesting a potential upside of 118.17%. Given Sigma Lithium’s stronger consensus rating and higher probable upside, analysts clearly believe Sigma Lithium is more favorable than Battle North Gold.

Insider and Institutional Ownership

64.9% of Sigma Lithium shares are held by institutional investors. 48.6% of Sigma Lithium shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Profitability

This table compares Battle North Gold and Sigma Lithium’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Battle North Gold	N/A	-83.80%	-42.62%
Sigma Lithium	-36.85%	-38.04%	-13.30%

Valuation & Earnings

This table compares Battle North Gold and Sigma Lithium”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Battle North Gold	N/A	N/A	-$15.90 million	N/A	N/A
Sigma Lithium	$192.85 million	6.48	-$28.33 million	($0.48)	-23.40

Battle North Gold has higher earnings, but lower revenue than Sigma Lithium.

Summary

Sigma Lithium beats Battle North Gold on 8 of the 12 factors compared between the two stocks.

About Battle North Gold

Battle North Gold Corporation engages in the exploration of gold properties in Canada and the United States. Its flagship project is the Bateman Gold Project located in the Red Lake gold district in Ontario, Canada. The company also holds approximately 282 square kilometers of mineral claims in the Red Lake area; and owns a gold exploration project on the Long Canyon gold trend near the Nevada-Utah border in the United States. The company was formerly known as Rubicon Minerals Corporation and changed its name to Battle North Gold Corporation in July 2020. Battle North Gold Corporation was incorporated in 1996 and is headquartered in Toronto, Canada.

About Sigma Lithium

Sigma Lithium Corporation engages in the exploration and development of lithium deposits in Brazil. It holds a 100% interest in the Grota do Cirilo, Genipapo, Santa Clara, and São José properties comprising 29 mineral rights covering an area of approximately 185 square kilometers located in the Araçuaí and Itinga regions of the state of Minas Gerais, Brazil. It serves electric vehicle industries worldwide. The company was formerly known as Sigma Lithium Resources Corporation and changed its name to Sigma Lithium Corporation in July 2021. The company is headquartered in São Paulo, Brazil.