Correlation
The correlation between ASM and NGD is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
ASM vs. NGD
Compare and contrast key facts about Avino Silver & Gold Mines Ltd. (ASM) and New Gold Inc. (NGD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ASM or NGD.
Performance
ASM vs. NGD - Performance Comparison
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Key characteristics
ASM:
2.55
NGD:
1.82
ASM:
3.08
NGD:
2.58
ASM:
1.35
NGD:
1.31
ASM:
2.51
NGD:
1.28
ASM:
11.25
NGD:
10.59
ASM:
17.44%
NGD:
10.48%
ASM:
77.82%
NGD:
57.11%
ASM:
-94.10%
NGD:
-96.73%
ASM:
-18.09%
NGD:
-68.33%
Fundamentals
ASM:
$454.87M
NGD:
$3.48B
ASM:
$0.10
NGD:
$0.18
ASM:
31.30
NGD:
24.39
ASM:
0.00
NGD:
-2.09
ASM:
6.26
NGD:
3.69
ASM:
3.43
NGD:
3.37
ASM:
$72.62M
NGD:
$934.03M
ASM:
$31.42M
NGD:
$251.76M
ASM:
$16.66M
NGD:
$379.29M
Returns By Period
In the year-to-date period, ASM achieves a 259.82% return, which is significantly higher than NGD's 79.44% return. Over the past 10 years, ASM has outperformed NGD with an annualized return of 10.96%, while NGD has yielded a comparatively lower 3.16% annualized return.
ASM
259.82%
46.08%
188.18%
196.26%
65.59%
35.66%
10.96%
NGD
79.44%
11.81%
61.82%
102.27%
51.89%
29.75%
3.16%
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Risk-Adjusted Performance
ASM vs. NGD — Risk-Adjusted Performance Rank
ASM
NGD
ASM vs. NGD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avino Silver & Gold Mines Ltd. (ASM) and New Gold Inc. (NGD). 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.
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Dividends
ASM vs. NGD - Dividend Comparison
Neither ASM nor NGD has paid dividends to shareholders.
Drawdowns
ASM vs. NGD - Drawdown Comparison
The maximum ASM drawdown since its inception was -94.10%, roughly equal to the maximum NGD drawdown of -96.73%. Use the drawdown chart below to compare losses from any high point for ASM and NGD.
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Volatility
ASM vs. NGD - Volatility Comparison
Avino Silver & Gold Mines Ltd. (ASM) has a higher volatility of 23.81% compared to New Gold Inc. (NGD) at 16.27%. This indicates that ASM's price experiences larger fluctuations and is considered to be riskier than NGD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
ASM vs. NGD - Financials Comparison
This section allows you to compare key financial metrics between Avino Silver & Gold Mines Ltd. and New Gold Inc.. 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
ASM vs. NGD - Profitability Comparison
ASM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Avino Silver & Gold Mines Ltd. reported a gross profit of 10.56M and revenue of 18.84M. Therefore, the gross margin over that period was 56.1%.
NGD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, New Gold Inc. reported a gross profit of 47.57M and revenue of 208.17M. Therefore, the gross margin over that period was 22.9%.
ASM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Avino Silver & Gold Mines Ltd. reported an operating income of 8.03M and revenue of 18.84M, resulting in an operating margin of 42.6%.
NGD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, New Gold Inc. reported an operating income of 22.00M and revenue of 208.17M, resulting in an operating margin of 10.6%.
ASM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Avino Silver & Gold Mines Ltd. reported a net income of 5.62M and revenue of 18.84M, resulting in a net margin of 29.8%.
NGD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, New Gold Inc. reported a net income of -16.65M and revenue of 208.17M, resulting in a net margin of -8.0%.