OGC.TO vs. EMX

Last updated Apr 1, 2026

Compare and contrast key facts about OceanaGold Corporation (OGC.TO) and EMX Royalty Corporation (EMX).

Performance

OGC.TO vs. EMX - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in OceanaGold Corporation (OGC.TO) and EMX Royalty Corporation (EMX). The values are adjusted to include any dividend payments, if applicable.

OGC.TO vs. EMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OGC.TO OceanaGold Corporation	13.01%	228.81%	58.12%	-0.52%	17.27%	-10.57%	-3.53%	-48.64%	55.76%	-16.79%
EMX EMX Royalty Corporation	0.00%	134.18%	15.96%	-16.17%	-10.81%	-32.85%	100.62%	38.13%	47.48%	-25.17%

Different Trading Currencies

OGC.TO is traded in CAD, while EMX is traded in USD. To make them comparable, the EMX values have been converted to CAD using the latest available exchange rates.

Fundamentals

Market Cap OGC.TO : CA$10.12B EMX : $454.57M
EPS OGC.TO : CA$1.14 EMX : $0.04
PE Ratio OGC.TO : 38.31 EMX : 94.44
PEG Ratio OGC.TO : 0.08 EMX : 21.38
PS Ratio OGC.TO : 12.76 EMX : 17.07
PB Ratio OGC.TO : 4.47 EMX : 3.92
Total Revenue (TTM) OGC.TO : CA$1.90B EMX : $26.63M
Gross Profit (TTM) OGC.TO : CA$1.06B EMX : $10.56M
EBITDA (TTM) OGC.TO : CA$1.01B EMX : $18.42M

Returns By Period

OGC.TO

• 1D: 5.28%
• 1M: -24.22%
• YTD: 13.01%
• 6M: 48.15%
• 1Y: 206.98%
• 3Y*: 64.83%
• 5Y*: 51.02%
• 10Y*: 15.83%

EMX

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

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

Return for Risk

OGC.TO vs. EMX — Risk / Return Rank

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

OGC.TO

OGC.TO Risk / Return Rank: 97
OGC.TO Sharpe Ratio Rank: 99
OGC.TO Sortino Ratio Rank: 96
OGC.TO Omega Ratio Rank: 96
OGC.TO Calmar Ratio Rank: 96
OGC.TO Martin Ratio Rank: 98

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.

OGC.TO vs. EMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OceanaGold Corporation (OGC.TO) and EMX Royalty Corporation (EMX). 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.

	OGC.TO	EMX	Difference
Sharpe ratio Return per unit of total volatility	4.14	—	—
Sortino ratio Return per unit of downside risk	3.76	—	—
Omega ratio Gain probability vs. loss probability	1.53	—	—
Calmar ratio Return relative to maximum drawdown	6.71	—	—
Martin ratio Return relative to average drawdown	24.51	—	—
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

	OGC.TO	EMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.14	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.03	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.00	—	—

Correlation

The correlation between OGC.TO and EMX is 0.27, 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.

Dividends

OGC.TO vs. EMX - Dividend Comparison

OGC.TO's dividend yield for the trailing twelve months is around 0.57%, while EMX has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OGC.TO OceanaGold Corporation	0.57%	0.43%	0.68%	1.10%	0.00%	0.00%	0.00%	0.51%	0.78%	0.80%	1.38%	1.89%
EMX EMX Royalty Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	OGC.TO	EMX	Difference
Max Drawdown Largest peak-to-trough decline	-95.74%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-31.60%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-46.87%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-77.77%	—	—
Current Drawdown Current decline from peak	-24.49%	—	—
Average Drawdown Average peak-to-trough decline	-38.25%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	8.66%	—	—

Volatility

Volatility by Period

	OGC.TO	EMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.48%	—	—
Volatility (6M) Calculated over the trailing 6-month period	40.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	50.36%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.78%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.74%	—	—

Financials

OGC.TO vs. EMX - Profitability Comparison

The chart below illustrates the profitability comparison between OceanaGold Corporation and EMX Royalty Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

OGC.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, OceanaGold Corporation reported a gross profit of 349.19M and revenue of 662.43M. Therefore, the gross margin over that period was 52.7%.

EMX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, EMX Royalty Corporation reported a gross profit of 2.53M and revenue of 5.77M. Therefore, the gross margin over that period was 43.8%.

OGC.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, OceanaGold Corporation reported an operating income of 298.82M and revenue of 662.43M, resulting in an operating margin of 45.1%.

EMX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, EMX Royalty Corporation reported an operating income of 975.00K and revenue of 5.77M, resulting in an operating margin of 16.9%.

OGC.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, OceanaGold Corporation reported a net income of 332.74M and revenue of 662.43M, resulting in a net margin of 50.2%.

EMX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, EMX Royalty Corporation reported a net income of 642.00K and revenue of 5.77M, resulting in a net margin of 11.1%.