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OGC.TO vs. NGD.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

OGC.TO vs. NGD.TO

Last updated Apr 1, 2026

Compare and contrast key facts about OceanaGold Corporation (OGC.TO) and New Gold Inc. (NGD.TO).

Performance

OGC.TO vs. NGD.TO - Performance Comparison

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

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

2026 (YTD)202520242023202220212020201920182017
OGC.TO
OceanaGold Corporation		13.01%228.81%58.12%-0.52%17.27%-10.57%-3.53%-48.64%55.76%-16.79%
NGD.TO
New Gold Inc.		1.67%233.15%86.98%44.36%-29.63%-32.50%143.48%9.52%-74.58%-12.31%

Fundamentals

Market Cap

OGC.TO:

CA$10.12B

NGD.TO:

CA$9.63B

EPS

OGC.TO:

CA$1.14

NGD.TO:

CA$1.09

PE Ratio

OGC.TO:

38.31

NGD.TO:

11.16

PEG Ratio

OGC.TO:

0.08

NGD.TO:

0.02

PS Ratio

OGC.TO:

12.76

NGD.TO:

6.49

PB Ratio

OGC.TO:

4.47

NGD.TO:

5.04

Total Revenue (TTM)

OGC.TO:

CA$1.90B

NGD.TO:

CA$1.49B

Gross Profit (TTM)

OGC.TO:

CA$1.06B

NGD.TO:

CA$767.09M

EBITDA (TTM)

OGC.TO:

CA$1.01B

NGD.TO:

CA$810.05M

Returns By Period

In the year-to-date period, OGC.TO achieves a 13.01% return, which is significantly higher than NGD.TO's 1.67% return. Over the past 10 years, OGC.TO has outperformed NGD.TO with an annualized return of 15.83%, while NGD.TO has yielded a comparatively lower 10.00% annualized return.

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%

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

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

OceanaGold Corporation

New Gold Inc.

Often compared with OGC.TO:
OGC.TO vs. EFR.TOOGC.TO vs. TFPMOGC.TO vs. RYOGC.TO vs. GDMNOGC.TO vs. KILO.TOOGC.TO vs. EMXOGC.TO vs. XGD.TO
Often compared with NGD.TO:
NGD.TO vs. GDXNGD.TO vs. NGT.TONGD.TO vs. SBI.TONGD.TO vs. CPRXNGD.TO vs. NGDNGD.TO vs. DPM.TONGD.TO vs. GDXJ

Return for Risk

OGC.TO vs. NGD.TO — 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: 9797
Overall Rank
OGC.TO Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
OGC.TO Sortino Ratio Rank: 9696
Sortino Ratio Rank
OGC.TO Omega Ratio Rank: 9696
Omega Ratio Rank
OGC.TO Calmar Ratio Rank: 9696
Calmar Ratio Rank
OGC.TO Martin Ratio Rank: 9898
Martin Ratio Rank
NGD.TO
NGD.TO Risk / Return Rank: 9393
Overall Rank
NGD.TO Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
NGD.TO Sortino Ratio Rank: 9090
Sortino Ratio Rank
NGD.TO Omega Ratio Rank: 9191
Omega Ratio Rank
NGD.TO Calmar Ratio Rank: 9393
Calmar Ratio Rank
NGD.TO Martin Ratio Rank: 9696
Martin Ratio Rank
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. NGD.TO - Risk-Adjusted Trends Comparison

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

OGC.TONGD.TODifference

Sharpe ratio

Return per unit of total volatility

4.14

2.60

+1.53

Sortino ratio

Return per unit of downside risk

3.76

2.81

+0.95

Omega ratio

Gain probability vs. loss probability

1.53

1.41

+0.13

Calmar ratio

Return relative to maximum drawdown

6.71

4.56

+2.15

Martin ratio

Return relative to average drawdown

24.51

17.34

+7.17

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OGC.TO vs. NGD.TO - Sharpe Ratio Comparison

The current OGC.TO Sharpe Ratio is 4.14, which is higher than the NGD.TO Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of OGC.TO and NGD.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

OGC.TONGD.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

4.14

2.60

+1.53

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.03

0.71

+0.32

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.30

0.16

+0.14

Sharpe Ratio (All Time)

Calculated using the full available price history

0.00

0.01

-0.01

Correlation

The correlation between OGC.TO and NGD.TO is 0.49, 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

OGC.TO vs. NGD.TO - Dividend Comparison

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

TTM20252024202320222021202020192018201720162015
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%
NGD.TO
New Gold 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%

Drawdowns

OGC.TO vs. NGD.TO - Drawdown Comparison

The maximum OGC.TO drawdown since its inception was -95.74%, roughly equal to the maximum NGD.TO drawdown of -98.39%. Use the drawdown chart below to compare losses from any high point for OGC.TO and NGD.TO.

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Drawdown Indicators

OGC.TONGD.TODifference

Max Drawdown

Largest peak-to-trough decline

-95.74%

-98.39%

+2.65%

Max Drawdown (1Y)

Largest decline over 1 year

-31.60%

-35.75%

+4.15%

Max Drawdown (5Y)

Largest decline over 5 years

-46.87%

-69.29%

+22.42%

Max Drawdown (10Y)

Largest decline over 10 years

-77.77%

-91.12%

+13.35%

Current Drawdown

Current decline from peak

-24.49%

-71.56%

+47.07%

Average Drawdown

Average peak-to-trough decline

-38.25%

-80.86%

+42.61%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.66%

9.41%

-0.75%

Volatility

OGC.TO vs. NGD.TO - Volatility Comparison

The current volatility for OceanaGold Corporation (OGC.TO) is 16.48%, while New Gold Inc. (NGD.TO) has a volatility of 20.35%. This indicates that OGC.TO experiences smaller price fluctuations and is considered to be less risky than NGD.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.TONGD.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

16.48%

20.35%

-3.87%

Volatility (6M)

Calculated over the trailing 6-month period

40.53%

50.26%

-9.73%

Volatility (1Y)

Calculated over the trailing 1-year period

50.36%

62.83%

-12.47%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

49.78%

60.65%

-10.87%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

52.74%

63.57%

-10.83%

Financials

OGC.TO vs. NGD.TO - Financials Comparison

This section allows you to compare key financial metrics between OceanaGold Corporation and New Gold 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.

Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities

100.00M200.00M300.00M400.00M500.00M600.00M700.00MAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
662.43M
523.32M
(OGC.TO) Total Revenue
(NGD.TO) Total Revenue
Values in CAD except per share items