GORO vs. CGAU

Last updated Apr 2, 2026

Compare and contrast key facts about Gold Resource Corporation (GORO) and Centerra Gold Inc (CGAU).

Performance

GORO vs. CGAU - Performance Comparison

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

GORO vs. CGAU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GORO Gold Resource Corporation	53.38%	259.84%	-38.80%	-75.42%	0.20%	-45.59%
CGAU Centerra Gold Inc	28.47%	159.49%	-1.45%	19.37%	-32.55%	-18.30%

Fundamentals

Market Cap GORO : $174.40M CGAU : $3.76B
EPS GORO : -$0.05 CGAU : $2.82
PB Ratio GORO : 3.96 CGAU : 1.83
Total Revenue (TTM) GORO : $0.00 CGAU : $1.36B
Gross Profit (TTM) GORO : $26.78M CGAU : $418.41M
EBITDA (TTM) GORO : $8.15M CGAU : $680.83M

Returns By Period

In the year-to-date period, GORO achieves a 53.38% return, which is significantly higher than CGAU's 28.47% return.

GORO

• 1D: 5.83%
• 1M: -16.45%
• YTD: 53.38%
• 6M: 53.01%
• 1Y: 162.07%
• 3Y*: 6.55%
• 5Y*: -14.41%
• 10Y*: -5.48%

CGAU

• 1D: 3.49%
• 1M: -10.60%
• YTD: 28.47%
• 6M: 64.76%
• 1Y: 199.43%
• 3Y*: 46.01%
• 5Y*: —
• 10Y*: —

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

Return for Risk

GORO vs. CGAU — Risk / Return Rank

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

GORO

GORO Risk / Return Rank: 83
GORO Sharpe Ratio Rank: 83
GORO Sortino Ratio Rank: 87
GORO Omega Ratio Rank: 79
GORO Calmar Ratio Rank: 87
GORO Martin Ratio Rank: 81

CGAU

CGAU Risk / Return Rank: 97
CGAU Sharpe Ratio Rank: 98
CGAU Sortino Ratio Rank: 95
CGAU Omega Ratio Rank: 95
CGAU Calmar Ratio Rank: 97
CGAU Martin Ratio Rank: 98

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.

GORO vs. CGAU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gold Resource Corporation (GORO) and Centerra Gold Inc (CGAU). 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.

	GORO	CGAU	Difference
Sharpe ratio Return per unit of total volatility	1.49	3.79	-2.30
Sortino ratio Return per unit of downside risk	2.60	3.52	-0.92
Omega ratio Gain probability vs. loss probability	1.29	1.51	-0.22
Calmar ratio Return relative to maximum drawdown	3.37	7.97	-4.60
Martin ratio Return relative to average drawdown	6.45	26.34	-19.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GORO vs. CGAU - Sharpe Ratio Comparison

The current GORO Sharpe Ratio is 1.49, which is lower than the CGAU Sharpe Ratio of 3.79. The chart below compares the historical Sharpe Ratios of GORO and CGAU, 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

	GORO	CGAU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.49	3.79	-2.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.16	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.07	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.03	0.35	-0.32

Correlation

The correlation between GORO and CGAU 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

GORO vs. CGAU - Dividend Comparison

GORO has not paid dividends to shareholders, while CGAU's dividend yield for the trailing twelve months is around 1.10%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GORO Gold Resource Corporation	0.00%	0.00%	0.00%	0.00%	2.61%	2.78%	1.37%	0.42%	0.50%	0.45%	0.69%	7.23%
CGAU Centerra Gold Inc	1.10%	1.39%	3.59%	3.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

GORO vs. CGAU - Drawdown Comparison

The maximum GORO drawdown since its inception was -99.48%, which is greater than CGAU's maximum drawdown of -63.47%. Use the drawdown chart below to compare losses from any high point for GORO and CGAU.

Drawdown Indicators

	GORO	CGAU	Difference
Max Drawdown Largest peak-to-trough decline	-99.48%	-63.47%	-36.01%
Max Drawdown (1Y) Largest decline over 1 year	-44.27%	-24.61%	-19.66%
Max Drawdown (5Y) Largest decline over 5 years	-95.73%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-98.29%	—	—
Current Drawdown Current decline from peak	-94.72%	-12.22%	-82.50%
Average Drawdown Average peak-to-trough decline	-64.84%	-30.19%	-34.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.14%	7.45%	+15.69%

Volatility

GORO vs. CGAU - Volatility Comparison

Gold Resource Corporation (GORO) has a higher volatility of 24.14% compared to Centerra Gold Inc (CGAU) at 16.57%. This indicates that GORO's price experiences larger fluctuations and is considered to be riskier than CGAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GORO	CGAU	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.14%	16.57%	+7.57%
Volatility (6M) Calculated over the trailing 6-month period	75.17%	41.41%	+33.76%
Volatility (1Y) Calculated over the trailing 1-year period	109.49%	53.04%	+56.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	92.09%	48.60%	+43.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	78.83%	48.60%	+30.23%

Financials

GORO vs. CGAU - Profitability Comparison

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

GORO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Gold Resource Corporation reported a gross profit of 29.04M and revenue of -48.06M. Therefore, the gross margin over that period was -60.4%.

CGAU - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Centerra Gold Inc reported a gross profit of 118.00M and revenue of 376.41M. Therefore, the gross margin over that period was 31.4%.

GORO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Gold Resource Corporation reported an operating income of 28.97M and revenue of -48.06M, resulting in an operating margin of -60.3%.

CGAU - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Centerra Gold Inc reported an operating income of 84.94M and revenue of 376.41M, resulting in an operating margin of 22.6%.

GORO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Gold Resource Corporation reported a net income of 18.00M and revenue of -48.06M, resulting in a net margin of -37.5%.

CGAU - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Centerra Gold Inc reported a net income of 195.74M and revenue of 376.41M, resulting in a net margin of 52.0%.