GORO vs. EQX

Last updated Aug 1, 2026

GORO (Gold Resource Corporation) and EQX (Equinox Gold Corp.) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Their 0.12 correlation means their historical movements had little consistent relationship.

Performance

GORO vs. EQX - Performance Comparison

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

Returns By Period

GORO

• 1D: -6.73%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

EQX

• 1D: -4.89%
• 1M: -11.74%
• 6M: -37.28%
• YTD: -36.12%
• 1Y: 47.76%
• 3Y*: 21.83%
• 5Y*: 5.20%
• 10Y*: —
• ALL TIME*: 10.89%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EQX Equinox Gold Corp.	$130.20M	$117.13M	$137.61M
GORO Gold Resource Corporation	$6.81M	$6.81M	$6.81M

GORO vs. EQX - Yearly Performance Comparison

	2026 (YTD)
GORO Gold Resource Corporation	-48.00%
EQX Equinox Gold Corp.	3.83%

Correlation

The correlation between GORO and EQX is 0.12, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 20, 2026	0.12

Fundamentals

Market Cap GORO : $339.86M EQX : $7.06B
EPS GORO : $0.04 EQX : $0.82
PE Ratio GORO : 46.64 EQX : 10.93
PEG Ratio GORO : 1.38 EQX : 0.02
PS Ratio GORO : 3.80 EQX : 2.92
PB Ratio GORO : 6.98 EQX : 1.21
Total Revenue (TTM) GORO : $81.00M EQX : $2.29B
Gross Profit (TTM) GORO : $38.71M EQX : $866.94M
EBITDA (TTM) GORO : $43.09M EQX : $1.22B

Return for Risk

GORO vs. EQX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GORO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

EQX

EQX Risk / Return Rank: 66
EQX Sharpe Ratio Rank: 70
EQX Sortino Ratio Rank: 67
EQX Omega Ratio Rank: 65
EQX Calmar Ratio Rank: 64
EQX Martin Ratio Rank: 65

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GORO vs. EQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gold Resource Corporation (GORO) and Equinox Gold Corp. (EQX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GORO	EQX	Difference
Sharpe ratio: Return per unit of total volatility	—	0.76	—
Sortino ratio: Return per unit of downside risk	—	1.37	—
Omega ratio: Gain probability vs. loss probability	—	1.17	—
Calmar ratio: Return relative to maximum drawdown	—	0.88	—
Martin ratio: Return relative to average drawdown	—	2.00	—

Drawdowns

GORO vs. EQX - Drawdown Comparison

The maximum GORO drawdown since its inception was -50.00%, smaller than the maximum EQX drawdown of -81.06%. Use the drawdown chart below to compare losses from any high point for GORO and EQX.

Drawdown Indicators

	GORO	EQX	Difference
Max Drawdown Largest peak-to-trough decline	-50.00%	-81.06%	+31.06%
Max Drawdown (1Y) Largest decline over 1 year	—	-53.95%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-53.95%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-71.57%	—
Current Drawdown Current decline from peak	-48.00%	-52.19%	+4.19%
Average Drawdown Average peak-to-trough decline	-41.85%	-38.29%	-3.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	23.58%	—

Volatility

Volatility by Period

	GORO	EQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	15.49%	—
Volatility (6M) Calculated over the trailing 6-month period	—	48.05%	—
Volatility (1Y) Calculated over the trailing 1-year period	162.11%	62.55%	+99.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	162.11%	57.80%	+104.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	162.11%	55.52%	+106.59%

Dividends

GORO vs. EQX - Dividend Comparison

GORO has not paid dividends to shareholders, while EQX's dividend yield for the trailing twelve months is around 0.34%.

Position	TTM
EQX Equinox Gold Corp.	0.34%
GORO Gold Resource Corporation	0.00%

Financials

Frequently Asked Questions

Can I hold both GORO and EQX in my portfolio?

GORO and EQX have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.