MUX.TO vs. AUGO
MUX.TO (McEwen Mining Inc.) and AUGO (Aura Minerals Inc. Common Shares) are both stocks. Both are in the Basic Materials sector — MUX.TO in Other Precious Metals & Mining, AUGO in Gold. Over the past year, MUX.TO returned 54.29% vs 122.41% for AUGO. A 0.66 correlation means they provide meaningful diversification when combined.
Performance
MUX.TO vs. AUGO - Performance Comparison
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Different Trading Currencies
MUX.TO is traded in CAD, while AUGO is traded in USD. To make them comparable, the AUGO values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, MUX.TO achieves a -8.99% return, which is significantly lower than AUGO's 3.53% return.
MUX.TO
- 1D
- 1.09%
- 1M
- -14.43%
- 6M
- -27.30%
- YTD
- -8.99%
- 1Y
- 54.29%
- 3Y*
- 25.79%
- 5Y*
- 9.55%
- 10Y*
- -7.61%
- ALL TIME*
- -5.32%
AUGO
- 1D
- -0.43%
- 1M
- -21.65%
- 6M
- -14.53%
- YTD
- 3.53%
- 1Y
- 122.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 116.46%
MUX.TO vs. AUGO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MUX.TO McEwen Mining Inc. | -8.99% | 68.63% |
AUGO Aura Minerals Inc. Common Shares | 3.53% | 110.74% |
Correlation
The correlation between MUX.TO and AUGO is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2025 | 0.66 |
The correlation between MUX.TO and AUGO has been stable across timeframes, ranging from 0.66 to 0.67 - a consistent structural relationship.
Fundamentals
MUX.TO:
CA$1.39B
AUGO:
$4.20B
MUX.TO:
$1.20
AUGO:
$1.08
MUX.TO:
13.69
AUGO:
46.50
MUX.TO:
4.30
AUGO:
3.63
MUX.TO:
1.84
AUGO:
13.72
MUX.TO:
$235.72M
AUGO:
$1.14B
MUX.TO:
$47.67M
AUGO:
$644.49M
MUX.TO:
$35.99M
AUGO:
$394.37M
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Return for Risk
MUX.TO vs. AUGO — Risk / Return Rank
MUX.TO
AUGO
MUX.TO vs. AUGO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for McEwen Mining Inc. (MUX.TO) and Aura Minerals Inc. Common Shares (AUGO). 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.
| MUX.TO | AUGO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.95 | ||
| Sortino ratioReturn per unit of downside risk | -0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.28 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.30 | 2.34 | -1.04 |
| Martin ratioReturn relative to average drawdown | 2.74 | 6.34 | -3.60 |
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Drawdowns
MUX.TO vs. AUGO - Drawdown Comparison
The maximum MUX.TO drawdown since its inception was -95.62%, which is greater than AUGO's maximum drawdown of -52.65%. Use the drawdown chart below to compare losses from any high point for MUX.TO and AUGO.
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Drawdown Indicators
| MUX.TO | AUGO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.62% | -52.65% | -42.97% |
Max Drawdown (1Y)Largest decline over 1 year | -41.88% | -52.65% | +10.77% |
Max Drawdown (3Y)Largest decline over 3 years | -44.54% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -75.13% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -93.74% | — | — |
Current DrawdownCurrent decline from peak | -73.50% | -52.65% | -20.85% |
Average DrawdownAverage peak-to-trough decline | -67.61% | -12.39% | -55.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.88% | 19.39% | +0.49% |
Volatility
MUX.TO vs. AUGO - Volatility Comparison
The current volatility for McEwen Mining Inc. (MUX.TO) is 13.89%, while Aura Minerals Inc. Common Shares (AUGO) has a volatility of 25.63%. This indicates that MUX.TO experiences smaller price fluctuations and is considered to be less risky than AUGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MUX.TO | AUGO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.89% | 25.63% | -11.74% |
Volatility (6M)Calculated over the trailing 6-month period | 50.71% | 59.62% | -8.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.02% | 69.74% | -2.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.65% | 69.47% | -7.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.02% | 69.47% | -7.45% |
Dividends
MUX.TO vs. AUGO - Dividend Comparison
MUX.TO has not paid dividends to shareholders, while AUGO's dividend yield for the trailing twelve months is around 4.49%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AUGO Aura Minerals Inc. Common Shares | 4.49% | 1.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MUX.TO McEwen Mining Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.04% | 0.03% | 0.03% | 0.03% |
Financials
MUX.TO vs. AUGO - Financials Comparison
This section allows you to compare key financial metrics between McEwen Mining Inc. and Aura Minerals Inc. Common Shares. 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
MUX.TO vs. AUGO - Profitability Comparison
MUX.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, McEwen Mining Inc. reported a gross profit of 25.08M and revenue of 73.86M. Therefore, the gross margin over that period was 34.0%.
AUGO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Aura Minerals Inc. Common Shares reported a gross profit of 193.50M and revenue of 382.61M. Therefore, the gross margin over that period was 50.6%.
MUX.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, McEwen Mining Inc. reported an operating income of 10.88M and revenue of 73.86M, resulting in an operating margin of 14.7%.
AUGO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Aura Minerals Inc. Common Shares reported an operating income of 172.35M and revenue of 382.61M, resulting in an operating margin of 45.1%.
MUX.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, McEwen Mining Inc. reported a net income of 33.29M and revenue of 73.86M, resulting in a net margin of 45.1%.
AUGO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Aura Minerals Inc. Common Shares reported a net income of 95.16M and revenue of 382.61M, resulting in a net margin of 24.9%.
Frequently Asked Questions
MUX.TO and AUGO have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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