Gold Resource Corporation (GORO) vs Metalla Royalty & Streaming Ltd. (MTA)

Gold Resource Corporation and Metalla Royalty & Streaming Ltd. are both Other Precious Metals & Mining companies. Metalla Royalty & Streaming Ltd. is the larger, with a market value of $962.1M against $477.5M — 2.0× the size. Metalla Royalty & Streaming Ltd. has negative trailing earnings, so its P/E is not meaningful; Gold Resource Corporation trades at 70.0×. Gold Resource Corporation grew revenue faster over the last twelve months: 121.2% against 91.1%. Gold Resource Corporation has the higher net margin (5.02% vs −2.82%) and the higher return on invested capital (130.7% vs 0.64%). Both pay a dividend; Gold Resource Corporation yields more (12.1% vs 0.38%). Across the 21 metrics below, Gold Resource Corporation leads on 16 and Metalla Royalty & Streaming Ltd. on 5.

Valuation

Metric GORO MTA Other Precious Metals & Mining median
P/E 70.00 n/m 18.01
P/S 4.31 60.28 7.00
P/B 11.61 3.68 2.46
Price to free cash flow 58.16 339.36 58.16
EV/EBITDA 10.72 205.51 12.47
EV/Sales 4.13 61.11 5.74
Earnings yield 1.43% (0.12%) 2.75%
Free cash flow yield 1.72% 0.29% 0.51%

Profitability

Metric GORO MTA Other Precious Metals & Mining median
Gross margin 35.99% 87.07% 39.51%
Operating margin 28.32% 16.80% 25.20%
Net margin 5.02% (2.82%) 5.02%
Free cash flow margin 7.42% 17.76% 2.55%
Return on equity 17.98% (0.17%) 13.37%
Return on assets 3.84% (0.16%) 3.84%
Return on invested capital 130.68% 0.64% 5.28%

Growth

Metric GORO MTA Other Precious Metals & Mining median
Revenue growth (TTM) 121.21% 91.12% 54.39%
EPS growth (last fiscal year) 91.80% 16.67% —
Revenue growth, 5-year CAGR 1.92% 37.70% 20.68%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric GORO MTA Other Precious Metals & Mining median
Debt to equity 0.00 0.05 0.00
Current ratio 3.33 4.50 5.20
Net debt to EBITDA (0.81) 1.09 0.28

Dividend

Metric GORO MTA Other Precious Metals & Mining median
Dividend yield 12.05% 0.38% 1.64%
Payout ratio 4.00 0.00 0.00

Size

Metric GORO MTA Other Precious Metals & Mining median
Market cap 477.49m 962.11m 1.03b

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