MUX.TO vs. AUGO

Last updated Jun 4, 2026

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. A 0.63 correlation means they provide meaningful diversification when combined.

Performance

MUX.TO vs. AUGO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in McEwen Mining Inc. (MUX.TO) and Aura Minerals Inc. Common Shares (AUGO). The values are adjusted to include any dividend payments, if applicable.

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 13.70% return, which is significantly lower than AUGO's 31.39% return.

MUX.TO

• 1D: -6.06%
• 1M: 4.10%
• YTD: 13.70%
• 6M: 10.70%
• 1Y: 134.96%
• 3Y*: 38.73%
• 5Y*: 10.73%
• 10Y*: -0.78%

AUGO

• 1D: -5.21%
• 1M: -18.98%
• YTD: 31.39%
• 6M: 56.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MUX.TO vs. AUGO - Yearly Performance Comparison

	2026 (YTD)	2025
MUX.TO McEwen Mining Inc.	13.70%	69.19%
AUGO Aura Minerals Inc. Common Shares	31.39%	113.87%

Correlation

The correlation between MUX.TO and AUGO is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 17, 2025	0.63

Fundamentals

Market Cap MUX.TO : CA$2.10B AUGO : $5.31B
EPS MUX.TO : CA$1.24 AUGO : $1.10
PE Ratio MUX.TO : 23.34 AUGO : 58.30
PS Ratio MUX.TO : 7.33 AUGO : 4.54
PB Ratio MUX.TO : 3.23 AUGO : 17.60
Total Revenue (TTM) MUX.TO : CA$235.72M AUGO : $1.14B
Gross Profit (TTM) MUX.TO : CA$47.67M AUGO : $644.49M
EBITDA (TTM) MUX.TO : CA$35.99M AUGO : $394.37M

Return for Risk

MUX.TO vs. AUGO — Risk / Return Rank

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

MUX.TO

MUX.TO Risk / Return Rank: 85
MUX.TO Sharpe Ratio Rank: 89
MUX.TO Sortino Ratio Rank: 83
MUX.TO Omega Ratio Rank: 82
MUX.TO Calmar Ratio Rank: 87
MUX.TO Martin Ratio Rank: 85

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.

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.

	MUX.TO	AUGO	Difference
Sharpe ratio: Return per unit of total volatility	2.06	—	—
Sortino ratio: Return per unit of downside risk	2.49	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	3.81	—	—
Martin ratio: Return relative to average drawdown	8.72	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MUX.TO	AUGO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.06	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.18	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.01	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.07	3.42	-3.49

Drawdowns

MUX.TO vs. AUGO - Drawdown Comparison

The maximum MUX.TO drawdown since its inception was -95.76%, which is greater than AUGO's maximum drawdown of -39.70%. Use the drawdown chart below to compare losses from any high point for MUX.TO and AUGO.

Drawdown Indicators

	MUX.TO	AUGO	Difference
Max Drawdown Largest peak-to-trough decline	-95.76%	-39.70%	-56.06%
Max Drawdown (1Y) Largest decline over 1 year	-35.67%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-44.54%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-80.85%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-93.84%	—	—
Current Drawdown Current decline from peak	-67.95%	-39.70%	-28.25%
Average Drawdown Average peak-to-trough decline	-68.17%	-8.17%	-60.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.54%	—	—

Volatility

Volatility by Period

	MUX.TO	AUGO	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.52%	—	—
Volatility (6M) Calculated over the trailing 6-month period	47.47%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	65.91%	65.34%	+0.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.45%	65.34%	-3.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.36%	65.34%	-2.98%

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 3.50%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AUGO Aura Minerals Inc. Common Shares	3.50%	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%	0.00%	0.24%	0.21%	0.33%	0.41%

Financials

MUX.TO vs. AUGO - Profitability Comparison

The chart below illustrates the profitability comparison between McEwen Mining Inc. and Aura Minerals Inc. Common Shares over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MUX.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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 Jun 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 Jun 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 Jun 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 Jun 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 Jun 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

Can I hold both MUX.TO and AUGO in my portfolio?

MUX.TO and AUGO have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.