AAUC.TO vs. ORE.TO
AAUC.TO (Allied Gold Corporation) and ORE.TO (Orezone 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 81.25% for ORE.TO. At a 0.36 correlation, their price movements are largely independent.
Performance
AAUC.TO vs. ORE.TO - Performance Comparison
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Returns By Period
In the year-to-date period, AAUC.TO achieves a 15.42% return, which is significantly lower than ORE.TO's 47.46% return.
AAUC.TO
- 1D
- 1.97%
- 1M
- -5.71%
- YTD
- 15.42%
- 6M
- 18.43%
- 1Y
- 74.77%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ORE.TO
- 1D
- -0.76%
- 1M
- 33.85%
- YTD
- 47.46%
- 6M
- 57.23%
- 1Y
- 81.25%
- 3Y*
- 26.81%
- 5Y*
- 14.96%
- 10Y*
- 9.96%
AAUC.TO vs. ORE.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AAUC.TO Allied Gold Corporation | 15.42% | 207.43% | -2.85% | -33.14% |
ORE.TO Orezone Gold Corporation | 47.46% | 176.56% | -24.71% | -9.57% |
Correlation
The correlation between AAUC.TO and ORE.TO is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Sep 12, 2023 | 0.36 |
The correlation between AAUC.TO and ORE.TO shifts across timeframes, from 0.36 (all time) to 0.55 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
AAUC.TO:
CA$4.55B
ORE.TO:
CA$1.75B
AAUC.TO:
-CA$1.06
ORE.TO:
CA$0.14
AAUC.TO:
3.12
ORE.TO:
3.45
AAUC.TO:
13.59
ORE.TO:
3.22
AAUC.TO:
CA$1.37B
ORE.TO:
CA$478.80M
AAUC.TO:
CA$543.10M
ORE.TO:
CA$224.13M
AAUC.TO:
CA$331.27M
ORE.TO:
CA$235.40M
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Return for Risk
AAUC.TO vs. ORE.TO — Risk / Return Rank
AAUC.TO
ORE.TO
AAUC.TO vs. ORE.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allied Gold Corporation (AAUC.TO) and Orezone Gold Corporation (ORE.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 | ORE.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.39 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.24 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.68 | 2.48 | +0.21 |
| Martin ratioReturn relative to average drawdown | 7.32 | 5.06 | +2.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AAUC.TO | ORE.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.70 | 1.31 | +0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.26 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.16 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.13 | +0.54 |
Drawdowns
AAUC.TO vs. ORE.TO - Drawdown Comparison
The maximum AAUC.TO drawdown since its inception was -50.73%, smaller than the maximum ORE.TO drawdown of -95.63%. Use the drawdown chart below to compare losses from any high point for AAUC.TO and ORE.TO.
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Drawdown Indicators
| AAUC.TO | ORE.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.73% | -95.63% | +44.90% |
Max Drawdown (1Y)Largest decline over 1 year | -28.00% | -32.99% | +4.99% |
Max Drawdown (3Y)Largest decline over 3 years | — | -55.73% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -67.96% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -81.35% | — |
Current DrawdownCurrent decline from peak | -16.93% | -48.21% | +31.28% |
Average DrawdownAverage peak-to-trough decline | -22.05% | -71.00% | +48.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.24% | 16.29% | -6.05% |
Volatility
AAUC.TO vs. ORE.TO - Volatility Comparison
The current volatility for Allied Gold Corporation (AAUC.TO) is 11.73%, while Orezone Gold Corporation (ORE.TO) has a volatility of 14.97%. This indicates that AAUC.TO experiences smaller price fluctuations and is considered to be less risky than ORE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAUC.TO | ORE.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.73% | 14.97% | -3.24% |
Volatility (6M)Calculated over the trailing 6-month period | 21.72% | 46.78% | -25.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.34% | 62.47% | -18.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.02% | 58.40% | -4.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.02% | 63.93% | -9.91% |
Dividends
AAUC.TO vs. ORE.TO - Dividend Comparison
Neither AAUC.TO nor ORE.TO has paid dividends to shareholders.
Financials
AAUC.TO vs. ORE.TO - Financials Comparison
This section allows you to compare key financial metrics between Allied Gold Corporation and Orezone Gold Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AAUC.TO vs. ORE.TO - Profitability Comparison
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%.
ORE.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Orezone Gold Corporation reported a gross profit of 93.46M and revenue of 182.89M. Therefore, the gross margin over that period was 51.1%.
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%.
ORE.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Orezone Gold Corporation reported an operating income of 85.37M and revenue of 182.89M, resulting in an operating margin of 46.7%.
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%.
ORE.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Orezone Gold Corporation reported a net income of 38.91M and revenue of 182.89M, resulting in a net margin of 21.3%.
Frequently Asked Questions
AAUC.TO and ORE.TO have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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