GAU.TO vs. EDR.TO

Last updated Jun 4, 2026

GAU.TO (Galiano Gold Inc.) and EDR.TO (Endeavour Silver Corp.) are both stocks. Both are in the Basic Materials sector — GAU.TO in Gold, EDR.TO in Other Precious Metals & Mining. Over the past 10 years, GAU.TO returned -4.88%/yr vs 12.10%/yr for EDR.TO. At a 0.45 correlation, their price movements are largely independent.

Performance

GAU.TO vs. EDR.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Galiano Gold Inc. (GAU.TO) and Endeavour Silver Corp. (EDR.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GAU.TO achieves a -14.33% return, which is significantly lower than EDR.TO's -1.32% return. Over the past 10 years, GAU.TO has underperformed EDR.TO with an annualized return of -4.88%, while EDR.TO has yielded a comparatively higher 12.10% annualized return.

GAU.TO

• 1D: -2.92%
• 1M: -3.55%
• YTD: -14.33%
• 6M: -8.84%
• 1Y: 45.85%
• 3Y*: 57.87%
• 5Y*: 14.19%
• 10Y*: -4.88%

EDR.TO

• 1D: -6.32%
• 1M: 2.99%
• YTD: -1.32%
• 6M: 2.25%
• 1Y: 127.91%
• 3Y*: 48.03%
• 5Y*: 9.90%
• 10Y*: 12.10%

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

GAU.TO vs. EDR.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GAU.TO Galiano Gold Inc.	-14.33%	94.97%	45.53%	70.83%	-20.88%	-36.36%	16.26%	41.38%	-2.25%	-78.40%
EDR.TO Endeavour Silver Corp.	-1.32%	144.97%	114.44%	-38.28%	-18.13%	-16.80%	105.43%	6.46%	-2.65%	-36.42%

Correlation

The correlation between GAU.TO and EDR.TO is 0.61, 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	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (10Y) Calculated over the trailing 10-year period	0.47
Correlation (All Time) Calculated using the full available price history since Feb 1, 2005	0.45

The correlation between GAU.TO and EDR.TO shifts across timeframes, from 0.45 (5 years) to 0.61 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap GAU.TO : CA$806.50M EDR.TO : CA$4.17B
EPS GAU.TO : CA$0.11 EDR.TO : -CA$0.07
PS Ratio GAU.TO : 1.48 EDR.TO : 6.26
PB Ratio GAU.TO : 3.17 EDR.TO : 6.46
Total Revenue (TTM) GAU.TO : CA$537.43M EDR.TO : CA$608.35M
Gross Profit (TTM) GAU.TO : CA$260.74M EDR.TO : CA$142.61M
EBITDA (TTM) GAU.TO : CA$245.70M EDR.TO : CA$163.46M

Return for Risk

GAU.TO vs. EDR.TO — Risk / Return Rank

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

GAU.TO

GAU.TO Risk / Return Rank: 62
GAU.TO Sharpe Ratio Rank: 63
GAU.TO Sortino Ratio Rank: 61
GAU.TO Omega Ratio Rank: 61
GAU.TO Calmar Ratio Rank: 64
GAU.TO Martin Ratio Rank: 63

EDR.TO

EDR.TO Risk / Return Rank: 81
EDR.TO Sharpe Ratio Rank: 85
EDR.TO Sortino Ratio Rank: 79
EDR.TO Omega Ratio Rank: 78
EDR.TO Calmar Ratio Rank: 83
EDR.TO Martin Ratio Rank: 81

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.

GAU.TO vs. EDR.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Galiano Gold Inc. (GAU.TO) and Endeavour Silver Corp. (EDR.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.

	GAU.TO	EDR.TO	Difference
Sharpe ratio Return per unit of total volatility	0.64	1.73	-1.09
Sortino ratio Return per unit of downside risk	1.29	2.28	-0.99
Omega ratio Gain probability vs. loss probability	1.17	1.29	-0.12
Calmar ratio Return relative to maximum drawdown	1.18	3.09	-1.91
Martin ratio Return relative to average drawdown	2.35	6.91	-4.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GAU.TO vs. EDR.TO - Sharpe Ratio Comparison

The current GAU.TO Sharpe Ratio is 0.64, which is lower than the EDR.TO Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of GAU.TO and EDR.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GAU.TO	EDR.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.64	1.73	-1.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.24	0.15	+0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.08	0.18	-0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	0.25	-0.16

Drawdowns

GAU.TO vs. EDR.TO - Drawdown Comparison

The maximum GAU.TO drawdown since its inception was -94.83%, which is greater than EDR.TO's maximum drawdown of -88.22%. Use the drawdown chart below to compare losses from any high point for GAU.TO and EDR.TO.

Drawdown Indicators

	GAU.TO	EDR.TO	Difference
Max Drawdown Largest peak-to-trough decline	-94.83%	-88.22%	-6.61%
Max Drawdown (1Y) Largest decline over 1 year	-38.98%	-41.59%	+2.61%
Max Drawdown (3Y) Largest decline over 3 years	-45.52%	-59.81%	+14.29%
Max Drawdown (5Y) Largest decline over 5 years	-69.03%	-77.46%	+8.43%
Max Drawdown (10Y) Largest decline over 10 years	-91.93%	-79.27%	-12.66%
Current Drawdown Current decline from peak	-67.81%	-34.09%	-33.72%
Average Drawdown Average peak-to-trough decline	-61.94%	-48.90%	-13.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.59%	18.59%	+1.00%

Volatility

GAU.TO vs. EDR.TO - Volatility Comparison

The current volatility for Galiano Gold Inc. (GAU.TO) is 19.11%, while Endeavour Silver Corp. (EDR.TO) has a volatility of 25.28%. This indicates that GAU.TO experiences smaller price fluctuations and is considered to be less risky than EDR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GAU.TO	EDR.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.11%	25.28%	-6.17%
Volatility (6M) Calculated over the trailing 6-month period	50.28%	54.92%	-4.64%
Volatility (1Y) Calculated over the trailing 1-year period	72.31%	74.49%	-2.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.56%	66.34%	-5.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.39%	67.15%	-4.76%

Dividends

GAU.TO vs. EDR.TO - Dividend Comparison

Neither GAU.TO nor EDR.TO has paid dividends to shareholders.

Position	TTM	2025	2024	2023
EDR.TO Endeavour Silver Corp.	0.00%	0.00%	4.55%	4.62%
GAU.TO Galiano Gold Inc.	0.00%	0.00%	0.00%	0.00%

Financials

GAU.TO vs. EDR.TO - Profitability Comparison

The chart below illustrates the profitability comparison between Galiano Gold Inc. and Endeavour Silver Corp. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

GAU.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Galiano Gold Inc. reported a gross profit of 91.28M and revenue of 163.79M. Therefore, the gross margin over that period was 55.7%.

EDR.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Endeavour Silver Corp. reported a gross profit of 93.30M and revenue of 209.70M. Therefore, the gross margin over that period was 44.5%.

GAU.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Galiano Gold Inc. reported an operating income of 85.92M and revenue of 163.79M, resulting in an operating margin of 52.5%.

EDR.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Endeavour Silver Corp. reported an operating income of 83.70M and revenue of 209.70M, resulting in an operating margin of 39.9%.

GAU.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Galiano Gold Inc. reported a net income of 32.16M and revenue of 163.79M, resulting in a net margin of 19.6%.

EDR.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Endeavour Silver Corp. reported a net income of 64.90M and revenue of 209.70M, resulting in a net margin of 31.0%.

Frequently Asked Questions

Can I hold both GAU.TO and EDR.TO in my portfolio?

GAU.TO and EDR.TO have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.