OGC.TO vs. AYA.TO
OGC.TO (OceanaGold Corporation) and AYA.TO (Aya Gold & Silver Inc.) are both stocks. Both are in the Basic Materials sector — OGC.TO in Gold, AYA.TO in Other Precious Metals & Mining. Over the past 10 years, OGC.TO returned 8.68%/yr vs 46.26%/yr for AYA.TO. At a 0.21 correlation, their price movements are largely independent.
Performance
OGC.TO vs. AYA.TO - Performance Comparison
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Returns By Period
In the year-to-date period, OGC.TO achieves a -9.52% return, which is significantly lower than AYA.TO's 46.03% return. Over the past 10 years, OGC.TO has underperformed AYA.TO with an annualized return of 8.68%, while AYA.TO has yielded a comparatively higher 46.26% annualized return.
OGC.TO
- 1D
- -0.65%
- 1M
- -0.51%
- 6M
- -16.65%
- YTD
- -9.52%
- 1Y
- 80.78%
- 3Y*
- 65.79%
- 5Y*
- 38.13%
- 10Y*
- 8.68%
AYA.TO
- 1D
- 1.92%
- 1M
- 17.98%
- 6M
- 34.14%
- YTD
- 46.03%
- 1Y
- 113.08%
- 3Y*
- 50.22%
- 5Y*
- 23.83%
- 10Y*
- 46.26%
OGC.TO vs. AYA.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OGC.TO OceanaGold Corporation | -9.52% | 227.48% | 57.16% | -1.22% | 17.27% | -10.57% | -3.53% | -48.74% | 54.71% | -17.19% |
AYA.TO Aya Gold & Silver Inc. | 46.03% | 82.87% | 10.61% | 7.65% | -5.55% | 148.05% | 97.44% | 2.09% | 16.46% | 192.86% |
Correlation
The correlation between OGC.TO and AYA.TO is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jul 24, 2008 | 0.21 |
Over the past year, OGC.TO and AYA.TO have become more correlated (0.69) than their long-term average of 0.21, meaning their price movements have been converging.
Fundamentals
OGC.TO:
CA$7.83B
AYA.TO:
CA$4.11B
OGC.TO:
$1.94
AYA.TO:
$0.59
OGC.TO:
12.74
AYA.TO:
34.09
OGC.TO:
0.03
AYA.TO:
0.07
OGC.TO:
4.30
AYA.TO:
10.35
OGC.TO:
2.34
AYA.TO:
6.56
OGC.TO:
$2.25B
AYA.TO:
$283.62M
OGC.TO:
$1.24B
AYA.TO:
$155.19M
OGC.TO:
$1.22B
AYA.TO:
$167.72M
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Return for Risk
OGC.TO vs. AYA.TO — Risk / Return Rank
OGC.TO
AYA.TO
OGC.TO vs. AYA.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for OceanaGold Corporation (OGC.TO) and Aya Gold & Silver Inc. (AYA.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.
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.
| OGC.TO | AYA.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.27 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.98 | 3.23 | -1.25 |
| Martin ratioReturn relative to average drawdown | 4.65 | 8.68 | -4.03 |
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Drawdowns
OGC.TO vs. AYA.TO - Drawdown Comparison
The maximum OGC.TO drawdown since its inception was -96.53%, which is greater than AYA.TO's maximum drawdown of -81.67%. Use the drawdown chart below to compare losses from any high point for OGC.TO and AYA.TO.
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Drawdown Indicators
| OGC.TO | AYA.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.53% | -81.67% | -14.86% |
Max Drawdown (1Y)Largest decline over 1 year | -42.13% | -41.38% | -0.75% |
Max Drawdown (3Y)Largest decline over 3 years | -42.13% | -54.86% | +12.73% |
Max Drawdown (5Y)Largest decline over 5 years | -46.87% | -54.91% | +8.04% |
Max Drawdown (10Y)Largest decline over 10 years | -76.17% | -72.30% | -3.87% |
Current DrawdownCurrent decline from peak | -39.54% | -3.66% | -35.88% |
Average DrawdownAverage peak-to-trough decline | -40.05% | -37.34% | -2.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.88% | 15.36% | +2.52% |
Volatility
OGC.TO vs. AYA.TO - Volatility Comparison
The current volatility for OceanaGold Corporation (OGC.TO) is 15.11%, while Aya Gold & Silver Inc. (AYA.TO) has a volatility of 24.02%. This indicates that OGC.TO experiences smaller price fluctuations and is considered to be less risky than AYA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OGC.TO | AYA.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.11% | 24.02% | -8.91% |
Volatility (6M)Calculated over the trailing 6-month period | 42.03% | 60.47% | -18.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.98% | 80.10% | -28.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.00% | 67.81% | -17.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.57% | 77.51% | -24.94% |
Dividends
OGC.TO vs. AYA.TO - Dividend Comparison
OGC.TO's dividend yield for the trailing twelve months is around 0.94%, while AYA.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AYA.TO Aya Gold & Silver Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OGC.TO OceanaGold Corporation | 0.94% | 0.29% | 0.23% | 0.36% | 0.00% | 0.00% | 0.00% | 0.18% | 0.26% | 0.27% | 0.46% | 0.63% |
Financials
OGC.TO vs. AYA.TO - Financials Comparison
This section allows you to compare key financial metrics between OceanaGold Corporation and Aya Gold & Silver Inc.. 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
OGC.TO vs. AYA.TO - Profitability Comparison
OGC.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, OceanaGold Corporation reported a gross profit of 397.08M and revenue of 702.79M. Therefore, the gross margin over that period was 56.5%.
AYA.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Aya Gold & Silver Inc. reported a gross profit of 82.27M and revenue of 115.35M. Therefore, the gross margin over that period was 71.3%.
OGC.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, OceanaGold Corporation reported an operating income of 330.79M and revenue of 702.79M, resulting in an operating margin of 47.1%.
AYA.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Aya Gold & Silver Inc. reported an operating income of 76.31M and revenue of 115.35M, resulting in an operating margin of 66.2%.
OGC.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, OceanaGold Corporation reported a net income of 224.66M and revenue of 702.79M, resulting in a net margin of 32.0%.
AYA.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Aya Gold & Silver Inc. reported a net income of 47.54M and revenue of 115.35M, resulting in a net margin of 41.2%.
Frequently Asked Questions
OGC.TO and AYA.TO have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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