NAMM vs. GOLD

Last updated Jun 4, 2026

NAMM (Namib Minerals) and GOLD (Barrick Mining Corporation) are both stocks. Both operate in the Gold industry within the Basic Materials sector. At a 0.39 correlation, their price movements are largely independent.

Performance

NAMM vs. GOLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Namib Minerals (NAMM) and Barrick Mining Corporation (GOLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NAMM achieves a 131.68% return, which is significantly higher than GOLD's 16.19% return.

NAMM

• 1D: -3.31%
• 1M: 21.88%
• YTD: 131.68%
• 6M: 77.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GOLD

• 1D: -1.97%
• 1M: -7.53%
• YTD: 16.19%
• 6M: 26.08%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NAMM vs. GOLD - Yearly Performance Comparison

	2026 (YTD)	2025
NAMM Namib Minerals	131.68%	-24.63%
GOLD Barrick Mining Corporation	16.19%	14.34%

Correlation

The correlation between NAMM and GOLD is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025	0.39

Fundamentals

EPS NAMM : -$0.80 GOLD : $3.06
Total Revenue (TTM) NAMM : -$23.73M GOLD : $23.02B
Gross Profit (TTM) NAMM : -$12.71M GOLD : $169.58M
EBITDA (TTM) NAMM : -$15.21M GOLD : -$162.41M

Return for Risk

NAMM vs. GOLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Namib Minerals (NAMM) and Barrick Mining Corporation (GOLD). 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.

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

Sharpe Ratios by Period

	NAMM	GOLD	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.42	1.32	-1.74

Drawdowns

NAMM vs. GOLD - Drawdown Comparison

The maximum NAMM drawdown since its inception was -97.05%, which is greater than GOLD's maximum drawdown of -40.58%. Use the drawdown chart below to compare losses from any high point for NAMM and GOLD.

Drawdown Indicators

	NAMM	GOLD	Difference
Max Drawdown Largest peak-to-trough decline	-97.05%	-40.58%	-56.47%
Current Drawdown Current decline from peak	-92.50%	-38.32%	-54.18%
Average Drawdown Average peak-to-trough decline	-88.63%	-17.25%	-71.38%

Volatility

Volatility by Period

	NAMM	GOLD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	220.02%	58.82%	+161.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	220.02%	58.82%	+161.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	220.02%	58.82%	+161.20%

Dividends

NAMM vs. GOLD - Dividend Comparison

NAMM has not paid dividends to shareholders, while GOLD's dividend yield for the trailing twelve months is around 1.02%.

Position	TTM
GOLD Barrick Mining Corporation	1.02%
NAMM Namib Minerals	0.00%

Financials

Frequently Asked Questions

Can I hold both NAMM and GOLD in my portfolio?

NAMM and GOLD have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.