CGAU vs. EQX

Last updated Apr 2, 2026

Compare and contrast key facts about Centerra Gold Inc (CGAU) and Equinox Gold Corp. (EQX).

Performance

CGAU vs. EQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Centerra Gold Inc (CGAU) and Equinox Gold Corp. (EQX). The values are adjusted to include any dividend payments, if applicable.

CGAU vs. EQX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CGAU Centerra Gold Inc	28.47%	159.49%	-1.45%	19.37%	-32.55%	-18.30%
EQX Equinox Gold Corp.	6.51%	179.68%	2.66%	49.09%	-51.48%	-24.22%

Fundamentals

Market Cap CGAU : $3.76B EQX : $9.42B
EPS CGAU : $2.82 EQX : $0.35
PE Ratio CGAU : 6.53 EQX : 42.39
PEG Ratio CGAU : 0.03 EQX : 0.07
PS Ratio CGAU : 2.82 EQX : 5.17
PB Ratio CGAU : 1.83 EQX : 1.63
Total Revenue (TTM) CGAU : $1.36B EQX : $1.85B
Gross Profit (TTM) CGAU : $418.41M EQX : $462.16M
EBITDA (TTM) CGAU : $680.83M EQX : $966.48M

Returns By Period

In the year-to-date period, CGAU achieves a 28.47% return, which is significantly higher than EQX's 6.51% return.

CGAU

• 1D: 3.49%
• 1M: -10.60%
• YTD: 28.47%
• 6M: 64.76%
• 1Y: 199.43%
• 3Y*: 46.01%
• 5Y*: —
• 10Y*: —

EQX

• 1D: 3.32%
• 1M: -20.25%
• YTD: 6.51%
• 6M: 37.32%
• 1Y: 122.86%
• 3Y*: 42.66%
• 5Y*: 12.31%
• 10Y*: —

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

Return for Risk

CGAU vs. EQX — Risk / Return Rank

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

CGAU

CGAU Risk / Return Rank: 97
CGAU Sharpe Ratio Rank: 98
CGAU Sortino Ratio Rank: 95
CGAU Omega Ratio Rank: 95
CGAU Calmar Ratio Rank: 97
CGAU Martin Ratio Rank: 98

EQX

EQX Risk / Return Rank: 87
EQX Sharpe Ratio Rank: 91
EQX Sortino Ratio Rank: 86
EQX Omega Ratio Rank: 83
EQX Calmar Ratio Rank: 86
EQX Martin Ratio Rank: 89

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.

CGAU vs. EQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Centerra Gold Inc (CGAU) and Equinox Gold Corp. (EQX). 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.

	CGAU	EQX	Difference
Sharpe ratio Return per unit of total volatility	3.79	2.07	+1.71
Sortino ratio Return per unit of downside risk	3.52	2.50	+1.02
Omega ratio Gain probability vs. loss probability	1.51	1.32	+0.18
Calmar ratio Return relative to maximum drawdown	7.97	3.26	+4.71
Martin ratio Return relative to average drawdown	26.34	10.13	+16.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CGAU vs. EQX - Sharpe Ratio Comparison

The current CGAU Sharpe Ratio is 3.79, which is higher than the EQX Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of CGAU and EQX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CGAU	EQX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.79	2.07	+1.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.22	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.32	+0.03

Correlation

The correlation between CGAU and EQX is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CGAU vs. EQX - Dividend Comparison

CGAU's dividend yield for the trailing twelve months is around 1.10%, more than EQX's 0.10% yield.

	TTM	2025	2024	2023
CGAU Centerra Gold Inc	1.10%	1.39%	3.59%	3.45%
EQX Equinox Gold Corp.	0.10%	0.00%	0.00%	0.00%

Drawdowns

CGAU vs. EQX - Drawdown Comparison

The maximum CGAU drawdown since its inception was -63.47%, smaller than the maximum EQX drawdown of -81.06%. Use the drawdown chart below to compare losses from any high point for CGAU and EQX.

Drawdown Indicators

	CGAU	EQX	Difference
Max Drawdown Largest peak-to-trough decline	-63.47%	-81.06%	+17.59%
Max Drawdown (1Y) Largest decline over 1 year	-24.61%	-36.03%	+11.42%
Max Drawdown (5Y) Largest decline over 5 years	—	-73.20%	—
Current Drawdown Current decline from peak	-12.22%	-20.29%	+8.07%
Average Drawdown Average peak-to-trough decline	-30.19%	-38.40%	+8.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.45%	11.58%	-4.13%

Volatility

CGAU vs. EQX - Volatility Comparison

The current volatility for Centerra Gold Inc (CGAU) is 16.57%, while Equinox Gold Corp. (EQX) has a volatility of 22.93%. This indicates that CGAU experiences smaller price fluctuations and is considered to be less risky than EQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGAU	EQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.57%	22.93%	-6.36%
Volatility (6M) Calculated over the trailing 6-month period	41.41%	47.26%	-5.85%
Volatility (1Y) Calculated over the trailing 1-year period	53.04%	59.67%	-6.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.60%	57.01%	-8.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.60%	55.34%	-6.74%

Financials