GMIN.TO vs. LUG.TO

Last updated Apr 1, 2026

Compare and contrast key facts about G Mining Ventures Corp (GMIN.TO) and Lundin Gold Inc. (LUG.TO).

Performance

GMIN.TO vs. LUG.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in G Mining Ventures Corp (GMIN.TO) and Lundin Gold Inc. (LUG.TO). The values are adjusted to include any dividend payments, if applicable.

GMIN.TO vs. LUG.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GMIN.TO G Mining Ventures Corp	17.67%	284.17%	21.08%
LUG.TO Lundin Gold Inc.	-5.51%	291.32%	68.44%

Fundamentals

Market Cap GMIN.TO : CA$11.29B LUG.TO : CA$25.81B
EPS GMIN.TO : CA$1.26 LUG.TO : CA$3.28
PE Ratio GMIN.TO : 38.89 LUG.TO : 32.41
PEG Ratio GMIN.TO : 0.16 LUG.TO : 0.43
PS Ratio GMIN.TO : 19.28 LUG.TO : 14.40
PB Ratio GMIN.TO : 7.97 LUG.TO : 18.95
Total Revenue (TTM) GMIN.TO : CA$583.61M LUG.TO : CA$1.79B
Gross Profit (TTM) GMIN.TO : CA$401.97M LUG.TO : CA$1.26B
EBITDA (TTM) GMIN.TO : CA$485.72M LUG.TO : CA$1.25B

Returns By Period

In the year-to-date period, GMIN.TO achieves a 17.67% return, which is significantly higher than LUG.TO's -5.51% return.

GMIN.TO

• 1D: 13.64%
• 1M: -12.60%
• YTD: 17.67%
• 6M: 76.56%
• 1Y: 160.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LUG.TO

• 1D: 7.21%
• 1M: -16.21%
• YTD: -5.51%
• 6M: 20.71%
• 1Y: 151.69%
• 3Y*: 96.76%
• 5Y*: 64.31%
• 10Y*: 38.67%

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

Return for Risk

GMIN.TO vs. LUG.TO — Risk / Return Rank

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

GMIN.TO

GMIN.TO Risk / Return Rank: 91
GMIN.TO Sharpe Ratio Rank: 94
GMIN.TO Sortino Ratio Rank: 89
GMIN.TO Omega Ratio Rank: 86
GMIN.TO Calmar Ratio Rank: 93
GMIN.TO Martin Ratio Rank: 91

LUG.TO

LUG.TO Risk / Return Rank: 93
LUG.TO Sharpe Ratio Rank: 95
LUG.TO Sortino Ratio Rank: 89
LUG.TO Omega Ratio Rank: 90
LUG.TO Calmar Ratio Rank: 96
LUG.TO Martin Ratio Rank: 96

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.

GMIN.TO vs. LUG.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for G Mining Ventures Corp (GMIN.TO) and Lundin Gold Inc. (LUG.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.

	GMIN.TO	LUG.TO	Difference
Sharpe ratio Return per unit of total volatility	2.47	2.59	-0.12
Sortino ratio Return per unit of downside risk	2.72	2.68	+0.04
Omega ratio Gain probability vs. loss probability	1.34	1.38	-0.04
Calmar ratio Return relative to maximum drawdown	4.69	6.23	-1.54
Martin ratio Return relative to average drawdown	12.09	17.98	-5.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GMIN.TO vs. LUG.TO - Sharpe Ratio Comparison

The current GMIN.TO Sharpe Ratio is 2.47, which is comparable to the LUG.TO Sharpe Ratio of 2.59. The chart below compares the historical Sharpe Ratios of GMIN.TO and LUG.TO, 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

	GMIN.TO	LUG.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.47	2.59	-0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.42	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.37	0.00	+2.37

Correlation

The correlation between GMIN.TO and LUG.TO is 0.52, 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

GMIN.TO vs. LUG.TO - Dividend Comparison

GMIN.TO has not paid dividends to shareholders, while LUG.TO's dividend yield for the trailing twelve months is around 4.69%.

	TTM	2025	2024	2023	2022
GMIN.TO G Mining Ventures Corp	0.00%	0.00%	0.00%	0.00%	0.00%
LUG.TO Lundin Gold Inc.	4.69%	3.37%	2.69%	3.28%	1.97%

Drawdowns

GMIN.TO vs. LUG.TO - Drawdown Comparison

The maximum GMIN.TO drawdown since its inception was -34.19%, smaller than the maximum LUG.TO drawdown of -95.45%. Use the drawdown chart below to compare losses from any high point for GMIN.TO and LUG.TO.

Drawdown Indicators

	GMIN.TO	LUG.TO	Difference
Max Drawdown Largest peak-to-trough decline	-34.19%	-95.45%	+61.26%
Max Drawdown (1Y) Largest decline over 1 year	-34.19%	-25.33%	-8.86%
Max Drawdown (5Y) Largest decline over 5 years	—	-38.94%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-41.84%	—
Current Drawdown Current decline from peak	-15.94%	-16.21%	+0.27%
Average Drawdown Average peak-to-trough decline	-9.26%	-65.23%	+55.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.28%	8.78%	+4.50%

Volatility

GMIN.TO vs. LUG.TO - Volatility Comparison

G Mining Ventures Corp (GMIN.TO) has a higher volatility of 29.29% compared to Lundin Gold Inc. (LUG.TO) at 20.25%. This indicates that GMIN.TO's price experiences larger fluctuations and is considered to be riskier than LUG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GMIN.TO	LUG.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	29.29%	20.25%	+9.04%
Volatility (6M) Calculated over the trailing 6-month period	51.73%	43.60%	+8.13%
Volatility (1Y) Calculated over the trailing 1-year period	65.32%	59.05%	+6.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.69%	45.61%	+12.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.69%	43.61%	+14.08%

Financials

GMIN.TO vs. LUG.TO - Profitability Comparison

The chart below illustrates the profitability comparison between G Mining Ventures Corp and Lundin Gold Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

GMIN.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, G Mining Ventures Corp reported a gross profit of 140.97M and revenue of 194.28M. Therefore, the gross margin over that period was 72.6%.

LUG.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Lundin Gold Inc. reported a gross profit of 359.14M and revenue of 534.69M. Therefore, the gross margin over that period was 67.2%.

GMIN.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, G Mining Ventures Corp reported an operating income of 136.55M and revenue of 194.28M, resulting in an operating margin of 70.3%.

LUG.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Lundin Gold Inc. reported an operating income of 334.43M and revenue of 534.69M, resulting in an operating margin of 62.6%.

GMIN.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, G Mining Ventures Corp reported a net income of 92.42M and revenue of 194.28M, resulting in a net margin of 47.6%.

LUG.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Lundin Gold Inc. reported a net income of 237.81M and revenue of 534.69M, resulting in a net margin of 44.5%.