GAU vs. EGO

Last updated Jun 3, 2026

GAU (Galiano Gold Inc.) and EGO (Eldorado Gold Corporation) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, GAU returned -5.24%/yr vs 3.73%/yr for EGO. A 0.51 correlation means they provide meaningful diversification when combined.

Performance

GAU vs. EGO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Galiano Gold Inc. (GAU) and Eldorado Gold Corporation (EGO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GAU achieves a -11.86% return, which is significantly lower than EGO's -6.93% return. Over the past 10 years, GAU has underperformed EGO with an annualized return of -5.24%, while EGO has yielded a comparatively higher 3.73% annualized return.

GAU

• 1D: -0.89%
• 1M: -3.88%
• YTD: -11.86%
• 6M: -6.69%
• 1Y: 54.86%
• 3Y*: 56.66%
• 5Y*: 11.74%
• 10Y*: -5.24%

EGO

• 1D: -0.08%
• 1M: 11.77%
• YTD: -6.93%
• 6M: 8.72%
• 1Y: 59.19%
• 3Y*: 51.21%
• 5Y*: 23.81%
• 10Y*: 3.73%

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

GAU vs. EGO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GAU Galiano Gold Inc.	-11.86%	105.69%	30.86%	80.75%	-25.69%	-38.07%	18.95%	48.76%	-9.56%	-76.92%
EGO Eldorado Gold Corporation	-6.93%	141.56%	14.65%	55.14%	-10.59%	-29.54%	65.26%	178.82%	-59.72%	-55.28%

Correlation

The correlation between GAU and EGO is 0.63, 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	0.63
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (10Y) Calculated over the trailing 10-year period	0.51
Correlation (All Time) Calculated using the full available price history since Jan 3, 2008	0.51

The correlation between GAU and EGO shifts across timeframes, from 0.51 (10 years) to 0.63 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap GAU : $601.50M EGO : $6.69B
EPS GAU : $0.11 EGO : $2.83
PE Ratio GAU : 19.72 EGO : 11.78
PEG Ratio GAU : 0.13 EGO : 0.18
PS Ratio GAU : 1.41 EGO : 3.38
PB Ratio GAU : 2.36 EGO : 1.55
Total Revenue (TTM) GAU : $416.07M EGO : $2.00B
Gross Profit (TTM) GAU : $162.16M EGO : $988.83M
EBITDA (TTM) GAU : $139.17M EGO : $1.04B

Return for Risk

GAU vs. EGO — Risk / Return Rank

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

GAU

GAU Risk / Return Rank: 66
GAU Sharpe Ratio Rank: 64
GAU Sortino Ratio Rank: 62
GAU Omega Ratio Rank: 63
GAU Calmar Ratio Rank: 71
GAU Martin Ratio Rank: 68

EGO

EGO Risk / Return Rank: 70
EGO Sharpe Ratio Rank: 75
EGO Sortino Ratio Rank: 67
EGO Omega Ratio Rank: 69
EGO Calmar Ratio Rank: 69
EGO Martin Ratio Rank: 70

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 vs. EGO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Galiano Gold Inc. (GAU) and Eldorado Gold Corporation (EGO). 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	EGO	Difference
Sharpe ratio Return per unit of total volatility	0.77	1.17	-0.40
Sortino ratio Return per unit of downside risk	1.42	1.63	-0.22
Omega ratio Gain probability vs. loss probability	1.19	1.22	-0.04
Calmar ratio Return relative to maximum drawdown	1.71	1.59	+0.12
Martin ratio Return relative to average drawdown	3.43	3.88	-0.45
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 vs. EGO - Sharpe Ratio Comparison

The current GAU Sharpe Ratio is 0.77, which is lower than the EGO Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of GAU and EGO, 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	EGO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.77	1.17	-0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.19	0.52	-0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.08	0.07	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	-0.05	0.12	-0.17

Drawdowns

GAU vs. EGO - Drawdown Comparison

The maximum GAU drawdown since its inception was -96.20%, roughly equal to the maximum EGO drawdown of -97.49%. Use the drawdown chart below to compare losses from any high point for GAU and EGO.

Drawdown Indicators

	GAU	EGO	Difference
Max Drawdown Largest peak-to-trough decline	-96.20%	-97.49%	+1.29%
Max Drawdown (1Y) Largest decline over 1 year	-38.94%	-41.89%	+2.95%
Max Drawdown (3Y) Largest decline over 3 years	-47.45%	-41.89%	-5.56%
Max Drawdown (5Y) Largest decline over 5 years	-72.09%	-57.70%	-14.39%
Max Drawdown (10Y) Largest decline over 10 years	-92.21%	-89.45%	-2.76%
Current Drawdown Current decline from peak	-76.45%	-68.16%	-8.29%
Average Drawdown Average peak-to-trough decline	-71.28%	-55.67%	-15.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.39%	17.13%	+2.26%

Volatility

GAU vs. EGO - Volatility Comparison

Galiano Gold Inc. (GAU) and Eldorado Gold Corporation (EGO) have volatilities of 17.51% and 17.33%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GAU	EGO	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.51%	17.33%	+0.18%
Volatility (6M) Calculated over the trailing 6-month period	50.19%	41.99%	+8.20%
Volatility (1Y) Calculated over the trailing 1-year period	72.10%	50.94%	+21.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.13%	45.66%	+16.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	65.14%	55.26%	+9.88%

Dividends

GAU vs. EGO - Dividend Comparison

GAU has not paid dividends to shareholders, while EGO's dividend yield for the trailing twelve months is around 0.45%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EGO Eldorado Gold Corporation	0.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.40%	0.00%	0.67%
GAU Galiano Gold Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

GAU vs. EGO - Profitability Comparison

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

GAU - 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 91.51M and revenue of 164.22M. Therefore, the gross margin over that period was 55.7%.

EGO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Eldorado Gold Corporation reported a gross profit of 290.22M and revenue of 532.43M. Therefore, the gross margin over that period was 54.5%.

GAU - 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 86.14M and revenue of 164.22M, resulting in an operating margin of 52.5%.

EGO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Eldorado Gold Corporation reported an operating income of 261.43M and revenue of 532.43M, resulting in an operating margin of 49.1%.

GAU - 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 32.24M and revenue of 164.22M, resulting in a net margin of 19.6%.

EGO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Eldorado Gold Corporation reported a net income of 136.38M and revenue of 532.43M, resulting in a net margin of 25.6%.

Frequently Asked Questions

Can I hold both GAU and EGO in my portfolio?

GAU and EGO have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GAU or EGO?

GAU has higher volatility (17.51%) compared to EGO (17.33%). In terms of maximum drawdown, GAU dropped -96.20% vs EGO's -97.49%.

Which has better risk-adjusted returns?

EGO currently has the higher Sharpe Ratio (1.17 vs 0.77), 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.