IMG.TO vs. GFR.TO

Last updated Apr 1, 2026

Compare and contrast key facts about IAMGOLD Corporation (IMG.TO) and Greenfire Resources Ltd (GFR.TO).

Performance

IMG.TO vs. GFR.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in IAMGOLD Corporation (IMG.TO) and Greenfire Resources Ltd (GFR.TO). The values are adjusted to include any dividend payments, if applicable.

IMG.TO vs. GFR.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IMG.TO IAMGOLD Corporation	15.50%	204.85%	125.84%
GFR.TO Greenfire Resources Ltd	34.96%	-35.40%	38.15%

Fundamentals

Market Cap IMG.TO : CA$15.20B GFR.TO : CA$700.55M
EPS IMG.TO : CA$1.15 GFR.TO : CA$0.64
PE Ratio IMG.TO : 22.66 GFR.TO : 13.90
PS Ratio IMG.TO : 5.30 GFR.TO : 1.11
PB Ratio IMG.TO : 3.63 GFR.TO : 0.60
Total Revenue (TTM) IMG.TO : CA$2.87B GFR.TO : CA$594.90M
Gross Profit (TTM) IMG.TO : CA$1.21B GFR.TO : CA$183.75M
EBITDA (TTM) IMG.TO : CA$1.51B GFR.TO : CA$199.10M

Returns By Period

In the year-to-date period, IMG.TO achieves a 15.50% return, which is significantly lower than GFR.TO's 34.96% return.

IMG.TO

• 1D: 7.26%
• 1M: -22.05%
• YTD: 15.50%
• 6M: 45.49%
• 1Y: 191.31%
• 3Y*: 92.10%
• 5Y*: 46.03%
• 10Y*: 24.43%

GFR.TO

• 1D: -2.96%
• 1M: 9.27%
• YTD: 34.96%
• 6M: 37.91%
• 1Y: 3.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

IMG.TO vs. GFR.TO — Risk / Return Rank

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

IMG.TO

IMG.TO Risk / Return Rank: 94
IMG.TO Sharpe Ratio Rank: 97
IMG.TO Sortino Ratio Rank: 92
IMG.TO Omega Ratio Rank: 92
IMG.TO Calmar Ratio Rank: 95
IMG.TO Martin Ratio Rank: 95

GFR.TO

GFR.TO Risk / Return Rank: 43
GFR.TO Sharpe Ratio Rank: 43
GFR.TO Sortino Ratio Rank: 40
GFR.TO Omega Ratio Rank: 40
GFR.TO Calmar Ratio Rank: 48
GFR.TO Martin Ratio Rank: 46

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.

IMG.TO vs. GFR.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IAMGOLD Corporation (IMG.TO) and Greenfire Resources Ltd (GFR.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.

	IMG.TO	GFR.TO	Difference
Sharpe ratio Return per unit of total volatility	3.19	0.07	+3.13
Sortino ratio Return per unit of downside risk	3.13	0.47	+2.66
Omega ratio Gain probability vs. loss probability	1.43	1.06	+0.37
Calmar ratio Return relative to maximum drawdown	5.57	0.32	+5.25
Martin ratio Return relative to average drawdown	16.49	0.53	+15.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IMG.TO vs. GFR.TO - Sharpe Ratio Comparison

The current IMG.TO Sharpe Ratio is 3.19, which is higher than the GFR.TO Sharpe Ratio of 0.07. The chart below compares the historical Sharpe Ratios of IMG.TO and GFR.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

	IMG.TO	GFR.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.19	0.07	+3.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	0.18	-0.08

Correlation

The correlation between IMG.TO and GFR.TO is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

IMG.TO vs. GFR.TO - Dividend Comparison

Neither IMG.TO nor GFR.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

IMG.TO vs. GFR.TO - Drawdown Comparison

The maximum IMG.TO drawdown since its inception was -93.92%, which is greater than GFR.TO's maximum drawdown of -51.65%. Use the drawdown chart below to compare losses from any high point for IMG.TO and GFR.TO.

Drawdown Indicators

	IMG.TO	GFR.TO	Difference
Max Drawdown Largest peak-to-trough decline	-93.92%	-51.65%	-42.27%
Max Drawdown (1Y) Largest decline over 1 year	-34.15%	-37.41%	+3.26%
Max Drawdown (5Y) Largest decline over 5 years	-71.43%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-84.65%	—	—
Current Drawdown Current decline from peak	-22.05%	-21.14%	-0.91%
Average Drawdown Average peak-to-trough decline	-50.78%	-24.28%	-26.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.55%	22.86%	-11.31%

Volatility

IMG.TO vs. GFR.TO - Volatility Comparison

IAMGOLD Corporation (IMG.TO) has a higher volatility of 19.92% compared to Greenfire Resources Ltd (GFR.TO) at 16.20%. This indicates that IMG.TO's price experiences larger fluctuations and is considered to be riskier than GFR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IMG.TO	GFR.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.92%	16.20%	+3.72%
Volatility (6M) Calculated over the trailing 6-month period	46.53%	36.07%	+10.46%
Volatility (1Y) Calculated over the trailing 1-year period	60.28%	53.59%	+6.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.07%	51.87%	+5.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.78%	51.87%	+4.91%

Financials

IMG.TO vs. GFR.TO - Profitability Comparison

The chart below illustrates the profitability comparison between IAMGOLD Corporation and Greenfire Resources Ltd over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

IMG.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, IAMGOLD Corporation reported a gross profit of 595.72M and revenue of 1.10B. Therefore, the gross margin over that period was 53.9%.

GFR.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Greenfire Resources Ltd reported a gross profit of 14.44M and revenue of 128.40M. Therefore, the gross margin over that period was 11.3%.

IMG.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, IAMGOLD Corporation reported an operating income of 576.53M and revenue of 1.10B, resulting in an operating margin of 52.2%.

GFR.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Greenfire Resources Ltd reported an operating income of 10.65M and revenue of 128.40M, resulting in an operating margin of 8.3%.

IMG.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, IAMGOLD Corporation reported a net income of 412.85M and revenue of 1.10B, resulting in a net margin of 37.4%.

GFR.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Greenfire Resources Ltd reported a net income of -8.51M and revenue of 128.40M, resulting in a net margin of -6.6%.