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CDE vs. BTG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between CDE and BTG is 0.14, 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.


Performance

CDE vs. BTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Coeur Mining, Inc. (CDE) and B2Gold Corp. (BTG). The values are adjusted to include any dividend payments, if applicable.

-100.00%0.00%100.00%200.00%300.00%December2025FebruaryMarchAprilMay
-76.53%
219.14%
CDE
BTG

Key characteristics

Sharpe Ratio

CDE:

0.52

BTG:

0.47

Sortino Ratio

CDE:

1.26

BTG:

1.07

Omega Ratio

CDE:

1.14

BTG:

1.13

Calmar Ratio

CDE:

0.36

BTG:

0.41

Martin Ratio

CDE:

2.25

BTG:

1.61

Ulcer Index

CDE:

15.84%

BTG:

15.60%

Daily Std Dev

CDE:

70.73%

BTG:

46.06%

Max Drawdown

CDE:

-99.39%

BTG:

-85.97%

Current Drawdown

CDE:

-97.56%

BTG:

-49.45%

Fundamentals

Market Cap

CDE:

$3.48B

BTG:

$3.89B

EPS

CDE:

$0.15

BTG:

-$0.48

PEG Ratio

CDE:

-1.18

BTG:

4.71

PS Ratio

CDE:

3.30

BTG:

2.10

PB Ratio

CDE:

3.02

BTG:

1.30

Total Revenue (TTM)

CDE:

$824.92M

BTG:

$1.44B

Gross Profit (TTM)

CDE:

$250.02M

BTG:

$615.83M

EBITDA (TTM)

CDE:

$279.82M

BTG:

-$147.54M

Returns By Period

In the year-to-date period, CDE achieves a 21.85% return, which is significantly lower than BTG's 24.68% return. Over the past 10 years, CDE has underperformed BTG with an annualized return of 2.50%, while BTG has yielded a comparatively higher 9.00% annualized return.


CDE

YTD

21.85%

1M

44.91%

6M

5.77%

1Y

36.67%

5Y*

10.86%

10Y*

2.50%

BTG

YTD

24.68%

1M

13.53%

6M

1.15%

1Y

21.34%

5Y*

-7.41%

10Y*

9.00%

*Annualized

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Risk-Adjusted Performance

CDE vs. BTG — Risk-Adjusted Performance Rank

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

CDE
The Risk-Adjusted Performance Rank of CDE is 7171
Overall Rank
The Sharpe Ratio Rank of CDE is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of CDE is 7373
Sortino Ratio Rank
The Omega Ratio Rank of CDE is 6767
Omega Ratio Rank
The Calmar Ratio Rank of CDE is 6868
Calmar Ratio Rank
The Martin Ratio Rank of CDE is 7575
Martin Ratio Rank

BTG
The Risk-Adjusted Performance Rank of BTG is 6868
Overall Rank
The Sharpe Ratio Rank of BTG is 7070
Sharpe Ratio Rank
The Sortino Ratio Rank of BTG is 6767
Sortino Ratio Rank
The Omega Ratio Rank of BTG is 6464
Omega Ratio Rank
The Calmar Ratio Rank of BTG is 7070
Calmar Ratio Rank
The Martin Ratio Rank of BTG is 7070
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CDE vs. BTG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Coeur Mining, Inc. (CDE) and B2Gold Corp. (BTG). 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.


The current CDE Sharpe Ratio is 0.52, which is comparable to the BTG Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of CDE and BTG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00December2025FebruaryMarchAprilMay
0.52
0.47
CDE
BTG

Dividends

CDE vs. BTG - Dividend Comparison

CDE has not paid dividends to shareholders, while BTG's dividend yield for the trailing twelve months is around 4.64%.


TTM202420232022202120202019
CDE
Coeur Mining, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%
BTG
B2Gold Corp.
4.64%6.56%5.06%4.48%4.07%1.96%0.19%

Drawdowns

CDE vs. BTG - Drawdown Comparison

The maximum CDE drawdown since its inception was -99.39%, which is greater than BTG's maximum drawdown of -85.97%. Use the drawdown chart below to compare losses from any high point for CDE and BTG. For additional features, visit the drawdowns tool.


-90.00%-80.00%-70.00%-60.00%-50.00%-40.00%December2025FebruaryMarchAprilMay
-81.01%
-49.45%
CDE
BTG

Volatility

CDE vs. BTG - Volatility Comparison

Coeur Mining, Inc. (CDE) has a higher volatility of 27.45% compared to B2Gold Corp. (BTG) at 16.78%. This indicates that CDE's price experiences larger fluctuations and is considered to be riskier than BTG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%December2025FebruaryMarchAprilMay
27.45%
16.78%
CDE
BTG

Financials

CDE vs. BTG - Financials Comparison

This section allows you to compare key financial metrics between Coeur Mining, Inc. and B2Gold Corp.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


200.00M300.00M400.00M500.00MAprilJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober
305.44M
499.79M
(CDE) Total Revenue
(BTG) Total Revenue
Values in USD except per share items

CDE vs. BTG - Profitability Comparison

The chart below illustrates the profitability comparison between Coeur Mining, Inc. and B2Gold Corp. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

-10.0%0.0%10.0%20.0%30.0%40.0%50.0%60.0%AprilJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober
36.1%
53.6%
(CDE) Gross Margin
(BTG) Gross Margin
CDE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Coeur Mining, Inc. reported a gross profit of 110.18M and revenue of 305.44M. Therefore, the gross margin over that period was 36.1%.

BTG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, B2Gold Corp. reported a gross profit of 267.86M and revenue of 499.79M. Therefore, the gross margin over that period was 53.6%.

CDE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Coeur Mining, Inc. reported an operating income of 94.80M and revenue of 305.44M, resulting in an operating margin of 31.0%.

BTG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, B2Gold Corp. reported an operating income of 128.42M and revenue of 499.79M, resulting in an operating margin of 25.7%.

CDE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Coeur Mining, Inc. reported a net income of 37.85M and revenue of 305.44M, resulting in a net margin of 12.4%.

BTG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, B2Gold Corp. reported a net income of -11.88M and revenue of 499.79M, resulting in a net margin of -2.4%.