Sprott vs Goldmoney Which Is a Smarter Choice?
Sprott Inc. and Goldmoney Inc. are two prominent companies within the precious metals and financial services industries. Sprott is a global asset manager specializing in precious metals investments, while Goldmoney specializes in providing digital platforms for buying, selling, and storing precious metals. Both companies offer unique opportunities for investors looking to capitalize on the value and stability of precious metals in today's volatile market. Understanding the differences and similarities between Sprott and Goldmoney stocks can help investors make informed decisions regarding their investment portfolios.
Sprott or Goldmoney?
When comparing Sprott and Goldmoney, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Sprott and Goldmoney.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
Sprott has a dividend yield of 2.39%, while Goldmoney has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Sprott reports a 5-year dividend growth of 58.62% year and a payout ratio of 54.85%. On the other hand, Goldmoney reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Sprott P/E ratio at 23.52 and Goldmoney's P/E ratio at -3.83. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Sprott P/B ratio is 3.37 while Goldmoney's P/B ratio is 0.70.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Sprott has seen a 5-year revenue growth of 1.02%, while Goldmoney's is -0.09%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Sprott's ROE at 15.05% and Goldmoney's ROE at -17.67%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $43.45 for Sprott and $5.41 for Goldmoney. Over the past year, Sprott's prices ranged from $31.47 to $48.00, with a yearly change of 52.53%. Goldmoney's prices fluctuated between $4.70 and $7.64, with a yearly change of 62.55%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.