Verdict: Side-by-side breakdown using the Bull Rankings model. MP scored 18.4, BTG scored 71.5 — BTG leads.
Compare another set
MP
MP Materials Corp.
Other Industrial Metals & Mining · Quality-Growth
18.4
$46.14 · $8.2B
fundamentals as of
Score gap
53.1
BTG leads
BTG
B2Gold Corp.
Gold · Quality-Growth
71.5
$5.25 · $6.9B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
Fastest growthBTG+60.9%
Strongest balance sheetBTG0.11
Highest qualityBTG79 / 100
Largest discount to fair valueBTG-57%
Side by side · every name on one set of axes
The model, pillar by pillar (0–100 each)
MP
stronger →← stronger
BTG
20
Qualityreturns · margins · balance sheet
79
50
Growthrevenue & earnings expansion
50
6
Valuevaluation vs sector peers
93
BTG is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
MP
BTG
-$505mF
FCF
$923mC+
+26.1%A-
Rev
+60.9%A
0.41B
D/E
0.11A-
26.9xD
P/S
—
—
PEG
0.11A
—
P/E
9.5xA-
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
MP
BTG
—
Price vs fair valuelower is cheaper
57% below
—
Growth the price impliesyr-1 FCF growth, fading to 4% · lower = less priced in
~-6%/yr
—
1-yr DCF upside
+80%
—
5-yr DCF upside
+132%
—
10-yr DCF upside
+233%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
MP
Why this score
Cyclical growth
BTG
Why this score
Cut its dividend
Cyclical growth
The companies
MPMP Materials Corp.
Other Industrial Metals & Mining · $46.14 · beta 1.99
Why now
Other Industrial Metals & Mining · market cap $8.2b. Down 54% from 52-week high of $100.25 — deep drawdown territory. Revenue growing +26% — in hypergrowth territory. 17 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $72.71 (implying +58% upside).
Moat
Mining moat is reserve quality + extraction cost per unit — top-quartile cost producers generate cash through the commodity cycle while marginal producers burn it.
Risk
Free cash flow is negative (-$505m) — capital raises or debt issuance likely required; dilution / leverage risk. Currently unprofitable (margin -19.9%) — path to GAAP profitability is the core thesis risk. Down 54% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up.
BTGB2Gold Corp.
Gold · $5.25 · beta 1.41
Why now
Gold · market cap $6.9b. 17% off the 52-week high of $6.29. Revenue growing +61% — in hypergrowth territory. PEG 0.11 — paying under fair value for the growth rate. 5 sell-side analysts rate this a Buy with a mean 1-yr target of $6.45 (implying +23% upside).
Moat
Net margin 21% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 23% is above 15% — the equity base is compounding at a rate the market struggles to discount accurately. FCF converts 114% of net income — earnings translate cleanly into cash.
Risk
Beta 1.41 implies above-market volatility — position-size to the drawdowns this name will produce in a market correction, not to its bull-case return. Hedge-book exposure — many commodity producers hedge forward production; if the hedge book is concentrated at prices well below spot, the upside the market expects is already locked away.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Where MP and BTG diverge
On the headline score the gap is 53.1 points in favor of BTG. The widest single difference is Value, where BTG leads by 86.6 points.
ValueMP 6.2 · BTG 92.8BTG +86.6
QualityMP 20.3 · BTG 78.7BTG +58.4
GrowthMP 50.0 · BTG 50.0level
Pillars run 0–100. Value is judged against each company's own sector, so a Value score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.
Common questions
Is BTG or MP the better stock?
BTG scores higher: BTG 71.5, MP 18.4 out of 100 on the Bull Rankings quality-growth score, which blends business quality, growth and valuation into one number. A higher score means a stronger business at a more reasonable price — it is not a price target or a recommendation.
Where do BTG and MP differ most?
The widest gap is value, where BTG leads by 87 points on the 0–100 pillar scale. BTG also leads quality, while growth is effectively level between them.
How are BTG and MP scored?
Each carries the same 0–100 quality-growth score used everywhere on the site, built from three pillars — quality (profitability and returns on capital), growth (revenue and earnings), and value (what you pay for them) — combined as a geometric mean, so a weak pillar cannot be papered over by a strong one.
How current is this comparison?
The whole universe is re-scored every trading day after the US market close, so the scores and fundamentals here reflect the latest published edition.