NGD vs. GAU

Last updated Aug 1, 2026

NGD (New Gold Inc.) and GAU (Galiano Gold Inc.) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Their 0.48 correlation means their historical movements had little consistent relationship.

Performance

NGD vs. GAU - Performance Comparison

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

Returns By Period

NGD

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

GAU

• 1D: -2.79%
• 1M: -12.12%
• 6M: -34.59%
• YTD: -31.23%
• 1Y: 27.94%
• 3Y*: 42.38%
• 5Y*: 11.49%
• 10Y*: -8.78%
• ALL TIME*: -4.80%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GAU Galiano Gold Inc.	$6.13M	$5.60M	$6.62M

NGD vs. GAU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NGD New Gold Inc.	4.25%	251.21%	69.86%	48.98%	-34.67%	-31.51%	148.86%	16.28%	-77.00%	-6.00%
GAU Galiano Gold Inc.	-31.23%	105.69%	30.86%	80.75%	-25.69%	-38.07%	18.95%	48.76%	-10.06%	-76.80%

Correlation

The correlation between NGD and GAU is 0.49, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.49
Correlation (3Y) Balances recent behavior with more history.	0.48
Correlation (5Y) Shows whether the relationship held over a longer period.	0.46
Correlation (10Y) Provides a long-term view across more market conditions.	0.45
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008	0.48

Fundamentals

EPS NGD : $1.61 GAU : $0.11
PE Ratio NGD : 5.64 GAU : 15.37
PEG Ratio NGD : 0.01 GAU : 0.10
PS Ratio NGD : 3.30 GAU : 1.10
Total Revenue (TTM) NGD : $1.46B GAU : $416.07M
Gross Profit (TTM) NGD : $758.26M GAU : $162.16M
EBITDA (TTM) NGD : $1.19B GAU : $139.17M

Return for Risk

NGD vs. GAU — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NGD

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

GAU

GAU Risk / Return Rank: 60
GAU Sharpe Ratio Rank: 60
GAU Sortino Ratio Rank: 60
GAU Omega Ratio Rank: 60
GAU Calmar Ratio Rank: 60
GAU Martin Ratio Rank: 58

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NGD vs. GAU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for New Gold Inc. (NGD) and Galiano Gold Inc. (GAU). 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.

	NGD	GAU	Difference
Sharpe ratio: Return per unit of total volatility	—	0.43	—
Sortino ratio: Return per unit of downside risk	—	1.05	—
Omega ratio: Gain probability vs. loss probability	—	1.13	—
Calmar ratio: Return relative to maximum drawdown	—	0.60	—
Martin ratio: Return relative to average drawdown	—	1.16	—

Drawdowns

Drawdown Indicators

	NGD	GAU	Difference
Max Drawdown Largest peak-to-trough decline	—	-96.20%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-51.82%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-51.82%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-65.05%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-92.21%	—
Current Drawdown Current decline from peak	—	-81.63%	—
Average Drawdown Average peak-to-trough decline	—	-71.33%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	26.55%	—

Volatility

Volatility by Period

	NGD	GAU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	51.07%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	72.24%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	62.63%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	65.31%	—

Dividends

NGD vs. GAU - Dividend Comparison

Neither NGD nor GAU has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both NGD and GAU in my portfolio?

NGD and GAU have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.