GAU vs. GROY

Last updated Apr 1, 2026

Compare and contrast key facts about Galiano Gold Inc. (GAU) and Gold Royalty Corp. (GROY).

Performance

GAU vs. GROY - Performance Comparison

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

GAU vs. GROY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GAU Galiano Gold Inc.	-0.79%	105.69%	30.86%	80.75%	-25.69%	-33.98%
GROY Gold Royalty Corp.	-11.39%	233.88%	-17.69%	-36.27%	-51.98%	37.43%

Fundamentals

Market Cap GAU : $652.06M GROY : $803.82M
EPS GAU : -$0.11 GROY : -$0.02
PS Ratio GAU : 1.99 GROY : 43.27
PB Ratio GAU : 2.98 GROY : 1.15
Total Revenue (TTM) GAU : $328.44M GROY : $15.61M
Gross Profit (TTM) GAU : $86.01M GROY : $11.81M
EBITDA (TTM) GAU : $26.60M GROY : $6.29M

Returns By Period

In the year-to-date period, GAU achieves a -0.79% return, which is significantly higher than GROY's -11.39% return.

GAU

• 1D: 9.13%
• 1M: -28.69%
• YTD: -0.79%
• 6M: 14.61%
• 1Y: 102.42%
• 3Y*: 62.65%
• 5Y*: 16.29%
• 10Y*: 1.01%

GROY

• 1D: 8.48%
• 1M: -23.34%
• YTD: -11.39%
• 6M: -7.25%
• 1Y: 148.61%
• 3Y*: 18.56%
• 5Y*: -3.88%
• 10Y*: —

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

Return for Risk

GAU vs. GROY — Risk / Return Rank

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

GAU

GAU Risk / Return Rank: 80
GAU Sharpe Ratio Rank: 81
GAU Sortino Ratio Rank: 78
GAU Omega Ratio Rank: 76
GAU Calmar Ratio Rank: 83
GAU Martin Ratio Rank: 82

GROY

GROY Risk / Return Rank: 91
GROY Sharpe Ratio Rank: 95
GROY Sortino Ratio Rank: 90
GROY Omega Ratio Rank: 87
GROY Calmar Ratio Rank: 90
GROY Martin Ratio Rank: 93

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. GROY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Galiano Gold Inc. (GAU) and Gold Royalty Corp. (GROY). 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	GROY	Difference
Sharpe ratio Return per unit of total volatility	1.29	2.58	-1.29
Sortino ratio Return per unit of downside risk	1.98	2.84	-0.86
Omega ratio Gain probability vs. loss probability	1.25	1.35	-0.10
Calmar ratio Return relative to maximum drawdown	2.67	3.76	-1.09
Martin ratio Return relative to average drawdown	6.55	13.07	-6.51
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. GROY - Sharpe Ratio Comparison

The current GAU Sharpe Ratio is 1.29, which is lower than the GROY Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of GAU and GROY, 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

	GAU	GROY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.29	2.58	-1.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.26	-0.07	+0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.02	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	0.01	-0.05

Correlation

The correlation between GAU and GROY is 0.44, 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

GAU vs. GROY - Dividend Comparison

Neither GAU nor GROY has paid dividends to shareholders.

	TTM	2025	2024	2023	2022
GAU Galiano Gold Inc.	0.00%	0.00%	0.00%	0.00%	0.00%
GROY Gold Royalty Corp.	0.00%	0.00%	0.00%	1.36%	1.72%

Drawdowns

GAU vs. GROY - Drawdown Comparison

The maximum GAU drawdown since its inception was -96.20%, which is greater than GROY's maximum drawdown of -82.01%. Use the drawdown chart below to compare losses from any high point for GAU and GROY.

Drawdown Indicators

	GAU	GROY	Difference
Max Drawdown Largest peak-to-trough decline	-96.20%	-82.01%	-14.19%
Max Drawdown (1Y) Largest decline over 1 year	-38.94%	-39.54%	+0.60%
Max Drawdown (5Y) Largest decline over 5 years	-74.10%	-82.01%	+7.91%
Max Drawdown (10Y) Largest decline over 10 years	-92.21%	—	—
Current Drawdown Current decline from peak	-73.50%	-44.94%	-28.56%
Average Drawdown Average peak-to-trough decline	-71.25%	-56.15%	-15.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.88%	11.37%	+4.51%

Volatility

GAU vs. GROY - Volatility Comparison

Galiano Gold Inc. (GAU) has a higher volatility of 22.63% compared to Gold Royalty Corp. (GROY) at 18.65%. This indicates that GAU's price experiences larger fluctuations and is considered to be riskier than GROY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GAU	GROY	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.63%	18.65%	+3.98%
Volatility (6M) Calculated over the trailing 6-month period	56.35%	43.16%	+13.19%
Volatility (1Y) Calculated over the trailing 1-year period	79.63%	57.87%	+21.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.29%	58.37%	+3.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	65.90%	60.03%	+5.87%

Financials