ASCU.TO vs. LGD.TO

Last updated Jun 4, 2026

ASCU.TO (Arizona Sonoran Copper Company Inc.) and LGD.TO (Liberty Gold Corp.) are both stocks. Both are in the Basic Materials sector — ASCU.TO in Copper, LGD.TO in Gold. Over the past 3 years, ASCU.TO returned 80.43%/yr vs 56.05%/yr for LGD.TO. At a 0.23 correlation, their price movements are largely independent.

Performance

ASCU.TO vs. LGD.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Arizona Sonoran Copper Company Inc. (ASCU.TO) and Liberty Gold Corp. (LGD.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ASCU.TO achieves a 113.81% return, which is significantly higher than LGD.TO's 106.02% return.

ASCU.TO

• 1D: -4.22%
• 1M: 42.74%
• YTD: 113.81%
• 6M: 149.27%
• 1Y: 408.46%
• 3Y*: 80.43%
• 5Y*: —
• 10Y*: —

LGD.TO

• 1D: -2.29%
• 1M: 23.91%
• YTD: 106.02%
• 6M: 101.18%
• 1Y: 451.61%
• 3Y*: 56.05%
• 5Y*: 0.35%
• 10Y*: 9.04%

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

ASCU.TO vs. LGD.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ASCU.TO Arizona Sonoran Copper Company Inc.	113.81%	225.17%	-16.00%	-8.85%	-6.34%	-5.96%
LGD.TO Liberty Gold Corp.	106.02%	219.23%	-16.13%	-44.64%	-42.27%	-22.40%

Correlation

The correlation between ASCU.TO and LGD.TO is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (All Time) Calculated using the full available price history since Nov 17, 2021	0.23

The correlation between ASCU.TO and LGD.TO shifts across timeframes, from 0.23 (all time) to 0.38 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ASCU.TO : CA$2.13B LGD.TO : CA$887.21M
EPS ASCU.TO : -CA$0.16 LGD.TO : -CA$0.06
PB Ratio ASCU.TO : 10.56 LGD.TO : 25.13
Total Revenue (TTM) ASCU.TO : CA$0.00 LGD.TO : CA$0.00
Gross Profit (TTM) ASCU.TO : -CA$43.79K LGD.TO : -CA$208.90K
EBITDA (TTM) ASCU.TO : -CA$14.05M LGD.TO : -CA$28.23M

Return for Risk

ASCU.TO vs. LGD.TO — Risk / Return Rank

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

ASCU.TO

ASCU.TO Risk / Return Rank: 98
ASCU.TO Sharpe Ratio Rank: 99
ASCU.TO Sortino Ratio Rank: 98
ASCU.TO Omega Ratio Rank: 96
ASCU.TO Calmar Ratio Rank: 98
ASCU.TO Martin Ratio Rank: 99

LGD.TO

LGD.TO Risk / Return Rank: 98
LGD.TO Sharpe Ratio Rank: 99
LGD.TO Sortino Ratio Rank: 97
LGD.TO Omega Ratio Rank: 96
LGD.TO Calmar Ratio Rank: 98
LGD.TO Martin Ratio Rank: 99

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.

ASCU.TO vs. LGD.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Arizona Sonoran Copper Company Inc. (ASCU.TO) and Liberty Gold Corp. (LGD.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.

	ASCU.TO	LGD.TO	Difference
Sharpe ratio Return per unit of total volatility	6.41	6.55	-0.13
Sortino ratio Return per unit of downside risk	5.01	5.00	+0.02
Omega ratio Gain probability vs. loss probability	1.65	1.65	-0.01
Calmar ratio Return relative to maximum drawdown	13.19	11.05	+2.14
Martin ratio Return relative to average drawdown	44.73	39.87	+4.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ASCU.TO vs. LGD.TO - Sharpe Ratio Comparison

The current ASCU.TO Sharpe Ratio is 6.41, which is comparable to the LGD.TO Sharpe Ratio of 6.55. The chart below compares the historical Sharpe Ratios of ASCU.TO and LGD.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

	ASCU.TO	LGD.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	6.41	6.55	-0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.01	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.14	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	0.05	+0.66

Drawdowns

ASCU.TO vs. LGD.TO - Drawdown Comparison

The maximum ASCU.TO drawdown since its inception was -50.64%, smaller than the maximum LGD.TO drawdown of -99.66%. Use the drawdown chart below to compare losses from any high point for ASCU.TO and LGD.TO.

Drawdown Indicators

	ASCU.TO	LGD.TO	Difference
Max Drawdown Largest peak-to-trough decline	-50.64%	-99.66%	+49.02%
Max Drawdown (1Y) Largest decline over 1 year	-31.21%	-41.21%	+10.00%
Max Drawdown (3Y) Largest decline over 3 years	-36.61%	-50.00%	+13.39%
Max Drawdown (5Y) Largest decline over 5 years	—	-87.15%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-90.04%	—
Current Drawdown Current decline from peak	-4.22%	-97.44%	+93.22%
Average Drawdown Average peak-to-trough decline	-22.20%	-76.12%	+53.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.19%	11.40%	-2.21%

Volatility

ASCU.TO vs. LGD.TO - Volatility Comparison

Arizona Sonoran Copper Company Inc. (ASCU.TO) and Liberty Gold Corp. (LGD.TO) have volatilities of 19.93% and 20.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASCU.TO	LGD.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.93%	20.46%	-0.53%
Volatility (6M) Calculated over the trailing 6-month period	51.64%	53.70%	-2.06%
Volatility (1Y) Calculated over the trailing 1-year period	64.32%	69.60%	-5.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.08%	67.98%	-10.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.08%	64.59%	-7.51%

Dividends

ASCU.TO vs. LGD.TO - Dividend Comparison

Neither ASCU.TO nor LGD.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both ASCU.TO and LGD.TO in my portfolio?

ASCU.TO and LGD.TO have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.