EQX vs. GORO

Last updated Aug 1, 2026

EQX (Equinox Gold Corp.) and GORO (Gold Resource Corporation) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Their 0.12 correlation means their historical movements had little consistent relationship.

Performance

EQX vs. GORO - Performance Comparison

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

Returns By Period

EQX

• 1D: -4.89%
• 1M: -11.74%
• 6M: -37.28%
• YTD: -36.12%
• 1Y: 47.76%
• 3Y*: 21.83%
• 5Y*: 5.20%
• 10Y*: —
• ALL TIME*: 10.89%

GORO

• 1D: -6.73%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EQX Equinox Gold Corp.	$130.20M	$117.13M	$137.61M
GORO Gold Resource Corporation	$6.81M	$6.81M	$6.81M

EQX vs. GORO - Yearly Performance Comparison

	2026 (YTD)
EQX Equinox Gold Corp.	3.83%
GORO Gold Resource Corporation	-48.00%

Correlation

The correlation between EQX and GORO is 0.12, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 20, 2026	0.12

Fundamentals

Market Cap EQX : $7.06B GORO : $339.86M
EPS EQX : $0.82 GORO : $0.04
PE Ratio EQX : 10.93 GORO : 46.64
PEG Ratio EQX : 0.02 GORO : 1.38
PS Ratio EQX : 2.92 GORO : 3.80
PB Ratio EQX : 1.21 GORO : 6.98
Total Revenue (TTM) EQX : $2.29B GORO : $81.00M
Gross Profit (TTM) EQX : $866.94M GORO : $38.71M
EBITDA (TTM) EQX : $1.22B GORO : $43.09M

Return for Risk

EQX vs. GORO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EQX

EQX Risk / Return Rank: 66
EQX Sharpe Ratio Rank: 70
EQX Sortino Ratio Rank: 67
EQX Omega Ratio Rank: 65
EQX Calmar Ratio Rank: 64
EQX Martin Ratio Rank: 65

GORO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EQX vs. GORO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Equinox Gold Corp. (EQX) and Gold Resource Corporation (GORO). 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.

	EQX	GORO	Difference
Sharpe ratio: Return per unit of total volatility	0.76	—	—
Sortino ratio: Return per unit of downside risk	1.37	—	—
Omega ratio: Gain probability vs. loss probability	1.17	—	—
Calmar ratio: Return relative to maximum drawdown	0.88	—	—
Martin ratio: Return relative to average drawdown	2.00	—	—

Drawdowns

EQX vs. GORO - Drawdown Comparison

The maximum EQX drawdown since its inception was -81.06%, which is greater than GORO's maximum drawdown of -50.00%. Use the drawdown chart below to compare losses from any high point for EQX and GORO.

Drawdown Indicators

	EQX	GORO	Difference
Max Drawdown Largest peak-to-trough decline	-81.06%	-50.00%	-31.06%
Max Drawdown (1Y) Largest decline over 1 year	-53.95%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-53.95%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-71.57%	—	—
Current Drawdown Current decline from peak	-52.19%	-48.00%	-4.19%
Average Drawdown Average peak-to-trough decline	-38.29%	-41.85%	+3.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.58%	—	—

Volatility

Volatility by Period

	EQX	GORO	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.49%	—	—
Volatility (6M) Calculated over the trailing 6-month period	48.05%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	62.55%	162.11%	-99.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.80%	162.11%	-104.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.52%	162.11%	-106.59%

Dividends

EQX vs. GORO - Dividend Comparison

EQX's dividend yield for the trailing twelve months is around 0.34%, while GORO has not paid dividends to shareholders.

Position	TTM
EQX Equinox Gold Corp.	0.34%
GORO Gold Resource Corporation	0.00%

Financials

Frequently Asked Questions

Can I hold both EQX and GORO in my portfolio?

EQX and GORO have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.