CGAU vs. NB
CGAU (Centerra Gold Inc) and NB (NioCorp Developments Ltd. Common Stock) are both stocks. Both are in the Basic Materials sector — CGAU in Gold, NB in Other Industrial Metals & Mining. Over the past 3 years, CGAU returned 44.07%/yr vs -0.93%/yr for NB. At a 0.26 correlation, their price movements are largely independent.
Performance
CGAU vs. NB - Performance Comparison
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Returns By Period
In the year-to-date period, CGAU achieves a 12.13% return, which is significantly higher than NB's -7.36% return.
CGAU
- 1D
- -3.44%
- 1M
- -2.73%
- YTD
- 12.13%
- 6M
- 7.21%
- 1Y
- 125.02%
- 3Y*
- 44.07%
- 5Y*
- 17.55%
- 10Y*
- —
NB
- 1D
- -5.58%
- 1M
- -9.07%
- YTD
- -7.36%
- 6M
- -17.06%
- 1Y
- 72.89%
- 3Y*
- -0.93%
- 5Y*
- —
- 10Y*
- —
CGAU vs. NB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CGAU Centerra Gold Inc | 12.13% | 159.49% | -1.45% | -3.61% |
NB NioCorp Developments Ltd. Common Stock | -7.36% | 241.94% | -51.41% | -57.47% |
Correlation
The correlation between CGAU and NB is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Mar 21, 2023 | 0.26 |
Fundamentals
CGAU:
$3.23B
NB:
$668.50M
CGAU:
$3.07
NB:
-$0.52
CGAU:
1.53
NB:
1.54
CGAU:
$1.54B
NB:
$0.00
CGAU:
$524.70M
NB:
-$1.00K
CGAU:
$962.67M
NB:
-$54.65M
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Return for Risk
CGAU vs. NB — Risk / Return Rank
CGAU
NB
CGAU vs. NB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Centerra Gold Inc (CGAU) and NioCorp Developments Ltd. Common Stock (NB). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CGAU | NB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.73 | ||
| Sortino ratioReturn per unit of downside risk | +0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.19 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 4.26 | 1.14 | +3.12 |
| Martin ratioReturn relative to average drawdown | 12.11 | 1.74 | +10.37 |
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Drawdowns
CGAU vs. NB - Drawdown Comparison
The maximum CGAU drawdown since its inception was -63.47%, smaller than the maximum NB drawdown of -82.83%. Use the drawdown chart below to compare losses from any high point for CGAU and NB.
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Drawdown Indicators
| CGAU | NB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.47% | -82.83% | +19.36% |
Max Drawdown (1Y)Largest decline over 1 year | -29.50% | -64.10% | +34.60% |
Max Drawdown (3Y)Largest decline over 3 years | -30.24% | -75.00% | +44.76% |
Max Drawdown (5Y)Largest decline over 5 years | -63.47% | — | — |
Current DrawdownCurrent decline from peak | -23.38% | -57.93% | +34.55% |
Average DrawdownAverage peak-to-trough decline | -29.55% | -55.95% | +26.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.37% | 42.10% | -31.73% |
Volatility
CGAU vs. NB - Volatility Comparison
The current volatility for Centerra Gold Inc (CGAU) is 18.79%, while NioCorp Developments Ltd. Common Stock (NB) has a volatility of 24.89%. This indicates that CGAU experiences smaller price fluctuations and is considered to be less risky than NB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CGAU | NB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.79% | 24.89% | -6.10% |
Volatility (6M)Calculated over the trailing 6-month period | 43.04% | 65.82% | -22.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.20% | 108.82% | -56.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.10% | 91.58% | -44.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.86% | 91.58% | -42.72% |
Dividends
CGAU vs. NB - Dividend Comparison
CGAU's dividend yield for the trailing twelve months is around 1.27%, while NB has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CGAU Centerra Gold Inc | 1.27% | 1.39% | 3.59% | 3.45% |
NB NioCorp Developments Ltd. Common Stock | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CGAU vs. NB - Financials Comparison
This section allows you to compare key financial metrics between Centerra Gold Inc and NioCorp Developments Ltd. Common Stock. 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
Frequently Asked Questions
CGAU and NB have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NB has higher volatility (24.89%) compared to CGAU (18.79%). In terms of maximum drawdown, CGAU dropped -63.47% vs NB's -82.83%.
CGAU currently has the higher Sharpe Ratio (2.41 vs 0.68), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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