GMIN.TO vs. NGD.TO

Last updated Apr 1, 2026

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

Performance

GMIN.TO vs. NGD.TO - Performance Comparison

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

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

	2026 (YTD)	2025	2024
GMIN.TO G Mining Ventures Corp	17.67%	284.17%	21.08%
NGD.TO New Gold Inc.	1.67%	233.15%	46.53%

Fundamentals

Market Cap GMIN.TO : CA$11.29B NGD.TO : CA$9.63B
EPS GMIN.TO : CA$1.26 NGD.TO : CA$1.09
PE Ratio GMIN.TO : 38.89 NGD.TO : 11.16
PEG Ratio GMIN.TO : 0.16 NGD.TO : 0.02
PS Ratio GMIN.TO : 19.28 NGD.TO : 6.49
PB Ratio GMIN.TO : 7.97 NGD.TO : 5.04
Total Revenue (TTM) GMIN.TO : CA$583.61M NGD.TO : CA$1.49B
Gross Profit (TTM) GMIN.TO : CA$401.97M NGD.TO : CA$767.09M
EBITDA (TTM) GMIN.TO : CA$485.72M NGD.TO : CA$810.05M

Returns By Period

In the year-to-date period, GMIN.TO achieves a 17.67% return, which is significantly higher than NGD.TO's 1.67% return.

GMIN.TO

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

NGD.TO

• 1D: 0.00%
• 1M: -33.62%
• YTD: 1.67%
• 6M: 21.97%
• 1Y: 128.57%
• 3Y*: 106.05%
• 5Y*: 42.91%
• 10Y*: 10.00%

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

Return for Risk

GMIN.TO vs. NGD.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

NGD.TO

NGD.TO Risk / Return Rank: 93
NGD.TO Sharpe Ratio Rank: 95
NGD.TO Sortino Ratio Rank: 90
NGD.TO Omega Ratio Rank: 91
NGD.TO Calmar Ratio Rank: 93
NGD.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. NGD.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for G Mining Ventures Corp (GMIN.TO) and New Gold Inc. (NGD.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	NGD.TO	Difference
Sharpe ratio Return per unit of total volatility	2.47	2.60	-0.14
Sortino ratio Return per unit of downside risk	2.72	2.81	-0.09
Omega ratio Gain probability vs. loss probability	1.34	1.41	-0.06
Calmar ratio Return relative to maximum drawdown	4.69	4.56	+0.13
Martin ratio Return relative to average drawdown	12.09	17.34	-5.25
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. NGD.TO - Sharpe Ratio Comparison

The current GMIN.TO Sharpe Ratio is 2.47, which is comparable to the NGD.TO Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of GMIN.TO and NGD.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	NGD.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.47	2.60	-0.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.71	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.16	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.37	0.01	+2.35

Correlation

The correlation between GMIN.TO and NGD.TO is 0.57, 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. NGD.TO - Dividend Comparison

Neither GMIN.TO nor NGD.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

GMIN.TO vs. NGD.TO - Drawdown Comparison

The maximum GMIN.TO drawdown since its inception was -34.19%, smaller than the maximum NGD.TO drawdown of -98.39%. Use the drawdown chart below to compare losses from any high point for GMIN.TO and NGD.TO.

Drawdown Indicators

	GMIN.TO	NGD.TO	Difference
Max Drawdown Largest peak-to-trough decline	-34.19%	-98.39%	+64.20%
Max Drawdown (1Y) Largest decline over 1 year	-34.19%	-35.75%	+1.56%
Max Drawdown (5Y) Largest decline over 5 years	—	-69.29%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-91.12%	—
Current Drawdown Current decline from peak	-15.94%	-71.56%	+55.62%
Average Drawdown Average peak-to-trough decline	-9.26%	-80.86%	+71.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.28%	9.41%	+3.87%

Volatility

GMIN.TO vs. NGD.TO - Volatility Comparison

G Mining Ventures Corp (GMIN.TO) has a higher volatility of 29.29% compared to New Gold Inc. (NGD.TO) at 20.35%. This indicates that GMIN.TO's price experiences larger fluctuations and is considered to be riskier than NGD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GMIN.TO	NGD.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	29.29%	20.35%	+8.94%
Volatility (6M) Calculated over the trailing 6-month period	51.73%	50.26%	+1.47%
Volatility (1Y) Calculated over the trailing 1-year period	65.32%	62.83%	+2.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.69%	60.65%	-2.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.69%	63.57%	-5.88%

Financials