PZG vs EXK vs MUX vs USAS vs GORO

For growth investors, Gold Resource Corporation (GORO) is the stronger pick with 44.

0% revenue growth year-over-year, versus 5. 3% for Americas Gold and Silver Corporation (USAS). McEwen Mining Inc. (MUX) offers the better valuation at 39. 6x trailing P/E (22. 2x forward), making it the more compelling value choice. Analysts rate Paramount Gold Nevada Corp. (PZG) a "Buy" — based on 3 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On forward P/E, Endeavour Silver Corp.

is actually cheaper at 14. 3x — notably different from the trailing picture, reflecting expected earnings growth.

Over the past 5 years, McEwen Mining Inc.

(MUX) delivered a total return of +79. 8%, compared to -45. 8% for Gold Resource Corporation (GORO). Over 10 years, the gap is even starker: EXK returned +182. 7% versus GORO's -47. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Gold Resource Corporation (GORO) is the lower-risk stock at 0.

38β versus Americas Gold and Silver Corporation's 2. 31β — meaning USAS is approximately 513% more volatile than GORO relative to the S&P 500. On balance sheet safety, McEwen Mining Inc. (MUX) carries a lower debt/equity ratio of 0% versus 2% for Gold Resource Corporation — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Gold Resource Corporation (GORO) is pulling ahead at 44.

0% versus 5. 3% for Americas Gold and Silver Corporation (USAS). On earnings-per-share growth, the picture is similar: McEwen Mining Inc. grew EPS 168. 6% year-over-year, compared to -519. 4% for Endeavour Silver Corp.. Over a 3-year CAGR, USAS leads at 30. 5% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

McEwen Mining Inc.

(MUX) is the more profitable company, earning 17. 4% net margin versus -44. 9% for Americas Gold and Silver Corporation — meaning it keeps 17. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: GORO leads at 13. 1% versus -26. 2% for USAS. At the gross margin level — before operating expenses — EXK leads at 19. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

On forward earnings alone, Endeavour Silver Corp.

(EXK) trades at 14. 3x forward P/E versus 28. 6x for Gold Resource Corporation — 14. 3x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for PZG: 122. 6% to $3. 25.

In this comparison, MUX (0.

2% yield) pays a dividend. PZG, EXK, USAS, GORO do not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, Gold Resource Corporation (GORO) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

38)). Americas Gold and Silver Corporation (USAS) carries a higher beta of 2. 31 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (GORO: -47. 8%, USAS: -5. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Basic Materials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: PZG is a small-cap quality compounder stock; EXK is a small-cap quality compounder stock; MUX is a small-cap quality compounder stock; USAS is a small-cap quality compounder stock; GORO is a small-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.