IDR vs. WDO.TO
IDR (Idaho Strategic Resources, Inc.) and WDO.TO (Wesdome Gold Mines Ltd.) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, IDR returned 33.74%/yr vs 28.20%/yr for WDO.TO. At a 0.11 correlation, their price movements are largely independent.
Performance
IDR vs. WDO.TO - Performance Comparison
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Different Trading Currencies
IDR is traded in USD, while WDO.TO is traded in CAD. To make them comparable, the WDO.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IDR achieves a -23.67% return, which is significantly lower than WDO.TO's 11.71% return. Over the past 10 years, IDR has outperformed WDO.TO with an annualized return of 33.74%, while WDO.TO has yielded a comparatively lower 28.20% annualized return.
IDR
- 1D
- -0.55%
- 1M
- -10.87%
- 6M
- -37.07%
- YTD
- -23.67%
- 1Y
- 83.53%
- 3Y*
- 75.61%
- 5Y*
- 44.40%
- 10Y*
- 33.74%
WDO.TO
- 1D
- -2.42%
- 1M
- 5.21%
- 6M
- 4.58%
- YTD
- 11.71%
- 1Y
- 39.26%
- 3Y*
- 54.24%
- 5Y*
- 13.72%
- 10Y*
- 28.20%
IDR vs. WDO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDR Idaho Strategic Resources, Inc. | -23.67% | 295.49% | 60.95% | 11.07% | -23.39% | 102.06% | 93.38% | -15.00% | 5.26% | 26.67% |
WDO.TO Wesdome Gold Mines Ltd. | 11.71% | 84.57% | 54.37% | 5.59% | -38.89% | 8.43% | 6.96% | 139.44% | 93.67% | 8.29% |
Correlation
The correlation between IDR and WDO.TO is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2011 | 0.11 |
Over the past year, IDR and WDO.TO have become more correlated (0.45) than their long-term average of 0.11, meaning their price movements have been converging.
Fundamentals
IDR:
$486.31M
WDO.TO:
CA$3.90B
IDR:
$1.41
WDO.TO:
CA$2.68
IDR:
21.82
WDO.TO:
9.80
IDR:
0.03
WDO.TO:
0.12
IDR:
9.42
WDO.TO:
3.87
IDR:
4.21
WDO.TO:
3.90
IDR:
$49.61M
WDO.TO:
CA$1.03B
IDR:
$23.05M
WDO.TO:
CA$636.67M
IDR:
$24.61M
WDO.TO:
CA$694.56M
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Return for Risk
IDR vs. WDO.TO — Risk / Return Rank
IDR
WDO.TO
IDR vs. WDO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Idaho Strategic Resources, Inc. (IDR) and Wesdome Gold Mines Ltd. (WDO.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.
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.
| IDR | WDO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | +0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.16 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 1.54 | +0.27 |
| Martin ratioReturn relative to average drawdown | 3.58 | 3.62 | -0.05 |
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Drawdowns
IDR vs. WDO.TO - Drawdown Comparison
The maximum IDR drawdown since its inception was -93.44%, roughly equal to the maximum WDO.TO drawdown of -89.89%. Use the drawdown chart below to compare losses from any high point for IDR and WDO.TO.
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Drawdown Indicators
| IDR | WDO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.44% | -89.89% | -3.55% |
Max Drawdown (1Y)Largest decline over 1 year | -49.96% | -26.79% | -23.17% |
Max Drawdown (3Y)Largest decline over 3 years | -49.96% | -26.79% | -23.17% |
Max Drawdown (5Y)Largest decline over 5 years | -62.42% | -64.89% | +2.47% |
Max Drawdown (10Y)Largest decline over 10 years | -62.42% | -64.89% | +2.47% |
Current DrawdownCurrent decline from peak | -41.59% | -17.94% | -23.65% |
Average DrawdownAverage peak-to-trough decline | -47.21% | -37.02% | -10.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.27% | 11.37% | +13.90% |
Volatility
IDR vs. WDO.TO - Volatility Comparison
Idaho Strategic Resources, Inc. (IDR) and Wesdome Gold Mines Ltd. (WDO.TO) have volatilities of 19.21% and 19.71%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDR | WDO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.21% | 19.71% | -0.50% |
Volatility (6M)Calculated over the trailing 6-month period | 60.99% | 44.09% | +16.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 89.84% | 54.69% | +35.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.07% | 48.86% | +24.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.79% | 53.55% | +32.24% |
Dividends
IDR vs. WDO.TO - Dividend Comparison
Neither IDR nor WDO.TO has paid dividends to shareholders.
Financials
IDR vs. WDO.TO - Financials Comparison
This section allows you to compare key financial metrics between Idaho Strategic Resources, Inc. and Wesdome Gold Mines Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
IDR vs. WDO.TO - Profitability Comparison
IDR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Idaho Strategic Resources, Inc. reported a gross profit of 8.18M and revenue of 14.48M. Therefore, the gross margin over that period was 56.5%.
WDO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Wesdome Gold Mines Ltd. reported a gross profit of 188.53M and revenue of 299.79M. Therefore, the gross margin over that period was 62.9%.
IDR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Idaho Strategic Resources, Inc. reported an operating income of 7.58M and revenue of 14.48M, resulting in an operating margin of 52.4%.
WDO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Wesdome Gold Mines Ltd. reported an operating income of 177.51M and revenue of 299.79M, resulting in an operating margin of 59.2%.
IDR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Idaho Strategic Resources, Inc. reported a net income of 6.39M and revenue of 14.48M, resulting in a net margin of 44.1%.
WDO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Wesdome Gold Mines Ltd. reported a net income of 118.88M and revenue of 299.79M, resulting in a net margin of 39.7%.
Frequently Asked Questions
IDR and WDO.TO have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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