NGD.TO vs. NGT.TO

Last updated Apr 1, 2026

Compare and contrast key facts about New Gold Inc. (NGD.TO) and Newmont Corporation (NGT.TO).

Performance

NGD.TO vs. NGT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in New Gold Inc. (NGD.TO) and Newmont Corporation (NGT.TO). The values are adjusted to include any dividend payments, if applicable.

NGD.TO vs. NGT.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
NGD.TO New Gold Inc.	1.67%	233.15%	86.98%	44.36%	-29.63%	-32.50%	143.48%	1.77%
NGT.TO Newmont Corporation	0.00%	118.90%	-0.65%	-11.54%	-16.10%	6.01%	36.80%	31.07%

Fundamentals

Market Cap NGD.TO : CA$9.63B NGT.TO : CA$128.99B
EPS NGD.TO : CA$1.09 NGT.TO : CA$5.64
PE Ratio NGD.TO : 11.16 NGT.TO : 20.55
PEG Ratio NGD.TO : 0.02 NGT.TO : 0.00
PS Ratio NGD.TO : 6.49 NGT.TO : 6.27
PB Ratio NGD.TO : 5.04 NGT.TO : 4.02
Total Revenue (TTM) NGD.TO : CA$1.49B NGT.TO : CA$20.58B
Gross Profit (TTM) NGD.TO : CA$767.09M NGT.TO : CA$9.24B
EBITDA (TTM) NGD.TO : CA$810.05M NGT.TO : CA$11.56B

Returns By Period

NGD.TO

• 1D: 0.00%
• 1M: -33.62%
• YTD: 1.67%
• 6M: 21.97%
• 1Y: 128.57%
• 3Y*: 106.05%
• 5Y*: 42.91%
• 10Y*: 10.00%

NGT.TO

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

NGD.TO vs. NGT.TO — Risk / Return Rank

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

NGD.TO

NGD.TO Risk / Return Rank: 93
NGD.TO Sharpe Ratio Rank: 95
NGD.TO Sortino Ratio Rank: 90
NGD.TO Omega Ratio Rank: 91
NGD.TO Calmar Ratio Rank: 93
NGD.TO Martin Ratio Rank: 96

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.

NGD.TO vs. NGT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for New Gold Inc. (NGD.TO) and Newmont Corporation (NGT.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.

	NGD.TO	NGT.TO	Difference
Sharpe ratio Return per unit of total volatility	2.60	—	—
Sortino ratio Return per unit of downside risk	2.81	—	—
Omega ratio Gain probability vs. loss probability	1.41	—	—
Calmar ratio Return relative to maximum drawdown	4.56	—	—
Martin ratio Return relative to average drawdown	17.34	—	—
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

	NGD.TO	NGT.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.60	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.16	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	—	—

Correlation

The correlation between NGD.TO and NGT.TO is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

NGD.TO vs. NGT.TO - Dividend Comparison

NGD.TO has not paid dividends to shareholders, while NGT.TO's dividend yield for the trailing twelve months is around 0.43%.

	TTM	2025	2024	2023	2022	2021	2020	2019
NGD.TO New Gold Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NGT.TO Newmont Corporation	0.43%	0.65%	1.87%	2.92%	3.45%	2.80%	1.37%	0.74%

Drawdowns

Drawdown Indicators

	NGD.TO	NGT.TO	Difference
Max Drawdown Largest peak-to-trough decline	-98.39%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-35.75%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-69.29%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-91.12%	—	—
Current Drawdown Current decline from peak	-71.56%	—	—
Average Drawdown Average peak-to-trough decline	-80.86%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	9.41%	—	—

Volatility

Volatility by Period

	NGD.TO	NGT.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.35%	—	—
Volatility (6M) Calculated over the trailing 6-month period	50.26%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	62.83%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.65%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.57%	—	—

Financials