ORE.TO vs. AAUC.TO
ORE.TO (Orezone Gold Corporation) and AAUC.TO (Allied Gold Corporation) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past year, ORE.TO returned 81.25% vs 74.77% for AAUC.TO. At a 0.36 correlation, their price movements are largely independent.
Performance
ORE.TO vs. AAUC.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ORE.TO achieves a 47.46% return, which is significantly higher than AAUC.TO's 15.42% return.
ORE.TO
- 1D
- -0.76%
- 1M
- 33.85%
- YTD
- 47.46%
- 6M
- 57.23%
- 1Y
- 81.25%
- 3Y*
- 26.81%
- 5Y*
- 14.96%
- 10Y*
- 9.96%
AAUC.TO
- 1D
- 1.97%
- 1M
- -5.71%
- YTD
- 15.42%
- 6M
- 18.43%
- 1Y
- 74.77%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ORE.TO vs. AAUC.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ORE.TO Orezone Gold Corporation | 47.46% | 176.56% | -24.71% | -9.57% |
AAUC.TO Allied Gold Corporation | 15.42% | 207.43% | -2.85% | -33.14% |
Correlation
The correlation between ORE.TO and AAUC.TO is 0.55, 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 | 0.55 |
Correlation (All Time) Calculated using the full available price history since Sep 12, 2023 | 0.36 |
The correlation between ORE.TO and AAUC.TO shifts across timeframes, from 0.36 (all time) to 0.55 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
ORE.TO:
CA$1.75B
AAUC.TO:
CA$4.55B
ORE.TO:
CA$0.14
AAUC.TO:
-CA$1.06
ORE.TO:
3.45
AAUC.TO:
3.12
ORE.TO:
3.22
AAUC.TO:
13.59
ORE.TO:
CA$478.80M
AAUC.TO:
CA$1.37B
ORE.TO:
CA$224.13M
AAUC.TO:
CA$543.10M
ORE.TO:
CA$235.40M
AAUC.TO:
CA$331.27M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ORE.TO vs. AAUC.TO — Risk / Return Rank
ORE.TO
AAUC.TO
ORE.TO vs. AAUC.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Orezone Gold Corporation (ORE.TO) and Allied Gold Corporation (AAUC.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.
| ORE.TO | AAUC.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.33 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | 2.68 | -0.21 |
| Martin ratioReturn relative to average drawdown | 5.06 | 7.32 | -2.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ORE.TO | AAUC.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.31 | 1.70 | -0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.16 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 0.67 | -0.54 |
Drawdowns
ORE.TO vs. AAUC.TO - Drawdown Comparison
The maximum ORE.TO drawdown since its inception was -95.63%, which is greater than AAUC.TO's maximum drawdown of -50.73%. Use the drawdown chart below to compare losses from any high point for ORE.TO and AAUC.TO.
Loading charts...
Drawdown Indicators
| ORE.TO | AAUC.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.63% | -50.73% | -44.90% |
Max Drawdown (1Y)Largest decline over 1 year | -32.99% | -28.00% | -4.99% |
Max Drawdown (3Y)Largest decline over 3 years | -55.73% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -67.96% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -81.35% | — | — |
Current DrawdownCurrent decline from peak | -48.21% | -16.93% | -31.28% |
Average DrawdownAverage peak-to-trough decline | -71.00% | -22.05% | -48.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.29% | 10.24% | +6.05% |
Volatility
ORE.TO vs. AAUC.TO - Volatility Comparison
Orezone Gold Corporation (ORE.TO) has a higher volatility of 14.97% compared to Allied Gold Corporation (AAUC.TO) at 11.73%. This indicates that ORE.TO's price experiences larger fluctuations and is considered to be riskier than AAUC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ORE.TO | AAUC.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.97% | 11.73% | +3.24% |
Volatility (6M)Calculated over the trailing 6-month period | 46.78% | 21.72% | +25.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.47% | 44.34% | +18.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.40% | 54.02% | +4.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.93% | 54.02% | +9.91% |
Dividends
ORE.TO vs. AAUC.TO - Dividend Comparison
Neither ORE.TO nor AAUC.TO has paid dividends to shareholders.
Financials
ORE.TO vs. AAUC.TO - Financials Comparison
This section allows you to compare key financial metrics between Orezone Gold Corporation and Allied Gold Corporation. 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
ORE.TO vs. AAUC.TO - Profitability Comparison
ORE.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Orezone Gold Corporation reported a gross profit of 93.46M and revenue of 182.89M. Therefore, the gross margin over that period was 51.1%.
AAUC.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Allied Gold Corporation reported a gross profit of 163.71M and revenue of 387.65M. Therefore, the gross margin over that period was 42.2%.
ORE.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Orezone Gold Corporation reported an operating income of 85.37M and revenue of 182.89M, resulting in an operating margin of 46.7%.
AAUC.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Allied Gold Corporation reported an operating income of 95.78M and revenue of 387.65M, resulting in an operating margin of 24.7%.
ORE.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Orezone Gold Corporation reported a net income of 38.91M and revenue of 182.89M, resulting in a net margin of 21.3%.
AAUC.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Allied Gold Corporation reported a net income of -57.37M and revenue of 387.65M, resulting in a net margin of -14.8%.
Frequently Asked Questions
ORE.TO and AAUC.TO have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for ORE.TO and AAUC.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer