NGD vs. HMY
Compare and contrast key facts about New Gold Inc. (NGD) and Harmony Gold Mining Company Limited (HMY).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NGD or HMY.
Correlation
The correlation between NGD and HMY is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NGD vs. HMY - Performance Comparison
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Key characteristics
NGD:
1.86
HMY:
0.99
NGD:
2.36
HMY:
1.64
NGD:
1.28
HMY:
1.20
NGD:
1.11
HMY:
1.17
NGD:
9.26
HMY:
3.80
NGD:
10.47%
HMY:
15.45%
NGD:
59.01%
HMY:
59.02%
NGD:
-96.73%
HMY:
-97.05%
NGD:
-72.38%
HMY:
-20.40%
Fundamentals
NGD:
$3.02B
HMY:
$9.70B
NGD:
$0.18
HMY:
$0.91
NGD:
21.17
HMY:
15.51
NGD:
-2.09
HMY:
0.00
NGD:
3.20
HMY:
0.13
NGD:
3.20
HMY:
3.49
NGD:
$934.03M
HMY:
$37.96B
NGD:
$251.76M
HMY:
$14.87B
NGD:
$379.29M
HMY:
$12.93B
Returns By Period
In the year-to-date period, NGD achieves a 56.45% return, which is significantly lower than HMY's 75.72% return. Over the past 10 years, NGD has underperformed HMY with an annualized return of 1.27%, while HMY has yielded a comparatively higher 25.38% annualized return.
NGD
56.45%
8.68%
52.76%
108.60%
31.34%
1.27%
HMY
75.72%
-16.55%
56.47%
58.14%
32.34%
25.38%
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Risk-Adjusted Performance
NGD vs. HMY — Risk-Adjusted Performance Rank
NGD
HMY
NGD vs. HMY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for New Gold Inc. (NGD) and Harmony Gold Mining Company Limited (HMY). 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.
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Dividends
NGD vs. HMY - Dividend Comparison
NGD has not paid dividends to shareholders, while HMY's dividend yield for the trailing twelve months is around 1.20%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
NGD New Gold Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HMY Harmony Gold Mining Company Limited | 1.20% | 1.58% | 0.65% | 1.15% | 2.24% | 0.00% | 0.00% | 0.00% | 3.48% | 1.67% |
Drawdowns
NGD vs. HMY - Drawdown Comparison
The maximum NGD drawdown since its inception was -96.73%, roughly equal to the maximum HMY drawdown of -97.05%. Use the drawdown chart below to compare losses from any high point for NGD and HMY. For additional features, visit the drawdowns tool.
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Volatility
NGD vs. HMY - Volatility Comparison
New Gold Inc. (NGD) has a higher volatility of 23.51% compared to Harmony Gold Mining Company Limited (HMY) at 19.28%. This indicates that NGD's price experiences larger fluctuations and is considered to be riskier than HMY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
NGD vs. HMY - Financials Comparison
This section allows you to compare key financial metrics between New Gold Inc. and Harmony Gold Mining Company Limited. 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
NGD vs. HMY - Profitability Comparison
NGD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, New Gold Inc. reported a gross profit of 47.57M and revenue of 208.17M. Therefore, the gross margin over that period was 22.9%.
HMY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Harmony Gold Mining Company Limited reported a gross profit of 7.29B and revenue of 18.57B. Therefore, the gross margin over that period was 39.3%.
NGD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, New Gold Inc. reported an operating income of 22.00M and revenue of 208.17M, resulting in an operating margin of 10.6%.
HMY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Harmony Gold Mining Company Limited reported an operating income of 5.00B and revenue of 18.57B, resulting in an operating margin of 26.9%.
NGD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, New Gold Inc. reported a net income of -16.65M and revenue of 208.17M, resulting in a net margin of -8.0%.
HMY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Harmony Gold Mining Company Limited reported a net income of 3.93B and revenue of 18.57B, resulting in a net margin of 21.2%.