AAUC.TO vs. ELD.TO

Last updated Jun 4, 2026

AAUC.TO (Allied Gold Corporation) and ELD.TO (Eldorado Gold Corporation) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past year, AAUC.TO returned 74.77% vs 53.30% for ELD.TO. At a 0.43 correlation, their price movements are largely independent.

Performance

AAUC.TO vs. ELD.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Allied Gold Corporation (AAUC.TO) and Eldorado Gold Corporation (ELD.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AAUC.TO achieves a 15.42% return, which is significantly higher than ELD.TO's -10.72% return.

AAUC.TO

• 1D: 1.97%
• 1M: -5.71%
• YTD: 15.42%
• 6M: 18.43%
• 1Y: 74.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ELD.TO

• 1D: -4.69%
• 1M: 12.31%
• YTD: -10.72%
• 6M: 2.64%
• 1Y: 53.30%
• 3Y*: 50.31%
• 5Y*: 25.74%
• 10Y*: 3.85%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AAUC.TO vs. ELD.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AAUC.TO Allied Gold Corporation	15.42%	207.43%	-2.85%	-33.14%
ELD.TO Eldorado Gold Corporation	-10.72%	130.73%	24.30%	29.42%

Correlation

The correlation between AAUC.TO and ELD.TO is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (All Time) Calculated using the full available price history since Sep 12, 2023	0.43

Fundamentals

Market Cap AAUC.TO : CA$4.55B ELD.TO : CA$8.81B
EPS AAUC.TO : -CA$1.06 ELD.TO : CA$2.83
PS Ratio AAUC.TO : 3.12 ELD.TO : 4.46
PB Ratio AAUC.TO : 13.59 ELD.TO : 2.04
Total Revenue (TTM) AAUC.TO : CA$1.37B ELD.TO : CA$2.00B
Gross Profit (TTM) AAUC.TO : CA$543.10M ELD.TO : CA$988.83M
EBITDA (TTM) AAUC.TO : CA$331.27M ELD.TO : CA$1.08B

Return for Risk

AAUC.TO vs. ELD.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAUC.TO

AAUC.TO Risk / Return Rank: 81
AAUC.TO Sharpe Ratio Rank: 84
AAUC.TO Sortino Ratio Rank: 78
AAUC.TO Omega Ratio Rank: 83
AAUC.TO Calmar Ratio Rank: 80
AAUC.TO Martin Ratio Rank: 82

ELD.TO

ELD.TO Risk / Return Rank: 68
ELD.TO Sharpe Ratio Rank: 74
ELD.TO Sortino Ratio Rank: 66
ELD.TO Omega Ratio Rank: 67
ELD.TO Calmar Ratio Rank: 66
ELD.TO Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AAUC.TO vs. ELD.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allied Gold Corporation (AAUC.TO) and Eldorado Gold Corporation (ELD.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AAUC.TO	ELD.TO	Difference
Sharpe ratio Return per unit of total volatility	1.70	1.07	+0.63
Sortino ratio Return per unit of downside risk	2.14	1.55	+0.59
Omega ratio Gain probability vs. loss probability	1.33	1.21	+0.13
Calmar ratio Return relative to maximum drawdown	2.68	1.28	+1.41
Martin ratio Return relative to average drawdown	7.32	3.17	+4.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AAUC.TO vs. ELD.TO - Sharpe Ratio Comparison

The current AAUC.TO Sharpe Ratio is 1.70, which is higher than the ELD.TO Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of AAUC.TO and ELD.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AAUC.TO	ELD.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.70	1.07	+0.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.07	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.05	+0.61

Drawdowns

AAUC.TO vs. ELD.TO - Drawdown Comparison

The maximum AAUC.TO drawdown since its inception was -50.73%, smaller than the maximum ELD.TO drawdown of -97.76%. Use the drawdown chart below to compare losses from any high point for AAUC.TO and ELD.TO.

Drawdown Indicators

	AAUC.TO	ELD.TO	Difference
Max Drawdown Largest peak-to-trough decline	-50.73%	-97.76%	+47.03%
Max Drawdown (1Y) Largest decline over 1 year	-28.00%	-41.88%	+13.88%
Max Drawdown (3Y) Largest decline over 3 years	—	-41.88%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-55.01%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-89.46%	—
Current Drawdown Current decline from peak	-16.93%	-57.60%	+40.67%
Average Drawdown Average peak-to-trough decline	-22.05%	-61.77%	+39.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.24%	16.87%	-6.63%

Volatility

AAUC.TO vs. ELD.TO - Volatility Comparison

The current volatility for Allied Gold Corporation (AAUC.TO) is 11.73%, while Eldorado Gold Corporation (ELD.TO) has a volatility of 17.75%. This indicates that AAUC.TO experiences smaller price fluctuations and is considered to be less risky than ELD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AAUC.TO	ELD.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.73%	17.75%	-6.02%
Volatility (6M) Calculated over the trailing 6-month period	21.72%	41.12%	-19.40%
Volatility (1Y) Calculated over the trailing 1-year period	44.34%	50.00%	-5.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.02%	43.73%	+10.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.02%	53.07%	+0.95%

Dividends

AAUC.TO vs. ELD.TO - Dividend Comparison

AAUC.TO has not paid dividends to shareholders, while ELD.TO's dividend yield for the trailing twelve months is around 0.47%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AAUC.TO Allied Gold Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ELD.TO Eldorado Gold Corporation	0.47%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.10%	0.00%	0.49%

Financials

AAUC.TO vs. ELD.TO - Profitability Comparison

The chart below illustrates the profitability comparison between Allied Gold Corporation and Eldorado Gold Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AAUC.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Allied Gold Corporation reported a gross profit of 163.71M and revenue of 387.65M. Therefore, the gross margin over that period was 42.2%.

ELD.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Eldorado Gold Corporation reported a gross profit of 290.22M and revenue of 532.43M. Therefore, the gross margin over that period was 54.5%.

AAUC.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Allied Gold Corporation reported an operating income of 95.78M and revenue of 387.65M, resulting in an operating margin of 24.7%.

ELD.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Eldorado Gold Corporation reported an operating income of 261.43M and revenue of 532.43M, resulting in an operating margin of 49.1%.

AAUC.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Allied Gold Corporation reported a net income of -57.37M and revenue of 387.65M, resulting in a net margin of -14.8%.

ELD.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Eldorado Gold Corporation reported a net income of 136.38M and revenue of 532.43M, resulting in a net margin of 25.6%.

Frequently Asked Questions

Can I hold both AAUC.TO and ELD.TO in my portfolio?

AAUC.TO and ELD.TO have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.