AU vs. MSA.TO
AU (AngloGold Ashanti Limited) and MSA.TO (Mineros S.A.) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 3 years, AU returned 56.61%/yr vs 123.90%/yr for MSA.TO. At a 0.30 correlation, their price movements are largely independent.
Performance
AU vs. MSA.TO - Performance Comparison
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Different Trading Currencies
AU is traded in USD, while MSA.TO is traded in CAD. To make them comparable, the MSA.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, AU achieves a 1.89% return, which is significantly higher than MSA.TO's -2.28% return.
AU
- 1D
- -0.05%
- 1M
- -20.15%
- YTD
- 1.89%
- 6M
- 8.16%
- 1Y
- 92.09%
- 3Y*
- 56.61%
- 5Y*
- 34.08%
- 10Y*
- 19.77%
MSA.TO
- 1D
- 4.31%
- 1M
- -5.81%
- YTD
- -2.28%
- 6M
- 0.07%
- 1Y
- 127.05%
- 3Y*
- 123.90%
- 5Y*
- —
- 10Y*
- —
AU vs. MSA.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AU AngloGold Ashanti Limited | 1.89% | 288.18% | 25.43% | -2.68% | -5.09% | 1.45% |
MSA.TO Mineros S.A. | -2.28% | 319.89% | 138.55% | 9.63% | -36.05% | -2.83% |
Correlation
The correlation between AU and MSA.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 (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 2021 | 0.30 |
Over the past year, AU and MSA.TO have become more correlated (0.55) than their long-term average of 0.30, meaning their price movements have been converging.
Fundamentals
AU:
$42.63B
MSA.TO:
CA$1.65B
AU:
$6.85
MSA.TO:
CA$0.66
AU:
12.32
MSA.TO:
8.43
AU:
0.14
MSA.TO:
0.05
AU:
3.83
MSA.TO:
1.76
AU:
4.99
MSA.TO:
2.89
AU:
$11.17B
MSA.TO:
CA$937.58M
AU:
$5.82B
MSA.TO:
CA$403.36M
AU:
$5.58B
MSA.TO:
CA$400.83M
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Return for Risk
AU vs. MSA.TO — Risk / Return Rank
AU
MSA.TO
AU vs. MSA.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AngloGold Ashanti Limited (AU) and Mineros S.A. (MSA.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.
| AU | MSA.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.71 | ||
| Sortino ratioReturn per unit of downside risk | -0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.33 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.53 | 3.05 | -0.52 |
| Martin ratioReturn relative to average drawdown | 6.82 | 7.67 | -0.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AU | MSA.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.60 | 2.31 | -0.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.97 | -0.83 |
Drawdowns
AU vs. MSA.TO - Drawdown Comparison
The maximum AU drawdown since its inception was -90.12%, which is greater than MSA.TO's maximum drawdown of -53.31%. Use the drawdown chart below to compare losses from any high point for AU and MSA.TO.
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Drawdown Indicators
| AU | MSA.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.12% | -53.31% | -36.81% |
Max Drawdown (1Y)Largest decline over 1 year | -36.59% | -41.93% | +5.34% |
Max Drawdown (3Y)Largest decline over 3 years | -38.71% | -41.93% | +3.22% |
Max Drawdown (5Y)Largest decline over 5 years | -51.75% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -67.91% | — | — |
Current DrawdownCurrent decline from peak | -32.25% | -28.53% | -3.72% |
Average DrawdownAverage peak-to-trough decline | -46.07% | -20.52% | -25.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.55% | 16.62% | -3.07% |
Volatility
AU vs. MSA.TO - Volatility Comparison
AngloGold Ashanti Limited (AU) and Mineros S.A. (MSA.TO) have volatilities of 18.53% and 19.30%, 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.
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Volatility by Period
| AU | MSA.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.53% | 19.30% | -0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 45.72% | 41.42% | +4.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.70% | 55.26% | +2.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.98% | 53.44% | -4.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.72% | 53.44% | -3.72% |
Dividends
AU vs. MSA.TO - Dividend Comparison
AU's dividend yield for the trailing twelve months is around 5.45%, more than MSA.TO's 2.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
AU AngloGold Ashanti Limited | 5.45% | 2.96% | 1.78% | 1.14% | 2.26% | 2.58% | 0.49% | 0.30% | 0.48% | 0.93% |
MSA.TO Mineros S.A. | 2.49% | 2.49% | 8.48% | 14.20% | 13.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AU vs. MSA.TO - Financials Comparison
This section allows you to compare key financial metrics between AngloGold Ashanti Limited and Mineros S.A.. 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
AU vs. MSA.TO - Profitability Comparison
AU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AngloGold Ashanti Limited reported a gross profit of 1.88B and revenue of 3.24B. Therefore, the gross margin over that period was 58.2%.
MSA.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mineros S.A. reported a gross profit of 142.57M and revenue of 291.81M. Therefore, the gross margin over that period was 48.9%.
AU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AngloGold Ashanti Limited reported an operating income of 1.84B and revenue of 3.24B, resulting in an operating margin of 56.8%.
MSA.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mineros S.A. reported an operating income of 135.21M and revenue of 291.81M, resulting in an operating margin of 46.3%.
AU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AngloGold Ashanti Limited reported a net income of 1.28B and revenue of 3.24B, resulting in a net margin of 39.6%.
MSA.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mineros S.A. reported a net income of 87.69M and revenue of 291.81M, resulting in a net margin of 30.1%.
Frequently Asked Questions
AU and MSA.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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