SA vs. CTGO

Last updated Apr 1, 2026

Compare and contrast key facts about Seabridge Gold Inc. (SA) and Contango Ore, Inc. (CTGO).

Performance

SA vs. CTGO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Seabridge Gold Inc. (SA) and Contango Ore, Inc. (CTGO). The values are adjusted to include any dividend payments, if applicable.

SA vs. CTGO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SA Seabridge Gold Inc.	-4.22%	159.33%	-5.94%	-3.58%	-23.71%	-21.74%	52.46%	4.46%	17.08%	38.65%
CTGO Contango Ore, Inc.	-29.00%	163.57%	-44.67%	-20.99%	-10.47%	36.53%	29.31%	-17.14%	-3.58%	-7.40%

Fundamentals

Market Cap SA : $2.95B CTGO : $280.62M
EPS SA : -$0.52 CTGO : -$2.73
PB Ratio SA : 2.63 CTGO : 11.18
Total Revenue (TTM) SA : $0.00 CTGO : $0.00
Gross Profit (TTM) SA : -$57.95K CTGO : -$192.05K
EBITDA (TTM) SA : -$10.11M CTGO : -$45.28M

Returns By Period

In the year-to-date period, SA achieves a -4.22% return, which is significantly higher than CTGO's -29.00% return. Over the past 10 years, SA has underperformed CTGO with an annualized return of 9.35%, while CTGO has yielded a comparatively higher 18.31% annualized return.

SA

• 1D: 10.40%
• 1M: -27.98%
• YTD: -4.22%
• 6M: 17.35%
• 1Y: 142.84%
• 3Y*: 29.83%
• 5Y*: 10.77%
• 10Y*: 9.35%

CTGO

• 1D: 11.61%
• 1M: -37.65%
• YTD: -29.00%
• 6M: -24.79%
• 1Y: 83.64%
• 3Y*: -13.03%
• 5Y*: -0.26%
• 10Y*: 18.31%

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

Return for Risk

SA vs. CTGO — Risk / Return Rank

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

SA

SA Risk / Return Rank: 90
SA Sharpe Ratio Rank: 94
SA Sortino Ratio Rank: 88
SA Omega Ratio Rank: 88
SA Calmar Ratio Rank: 90
SA Martin Ratio Rank: 92

CTGO

CTGO Risk / Return Rank: 78
CTGO Sharpe Ratio Rank: 81
CTGO Sortino Ratio Rank: 78
CTGO Omega Ratio Rank: 74
CTGO Calmar Ratio Rank: 74
CTGO Martin Ratio Rank: 81

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.

SA vs. CTGO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Seabridge Gold Inc. (SA) and Contango Ore, Inc. (CTGO). 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.

	SA	CTGO	Difference
Sharpe ratio Return per unit of total volatility	2.39	1.30	+1.09
Sortino ratio Return per unit of downside risk	2.64	2.00	+0.64
Omega ratio Gain probability vs. loss probability	1.37	1.24	+0.13
Calmar ratio Return relative to maximum drawdown	3.72	1.73	+1.98
Martin ratio Return relative to average drawdown	12.70	6.33	+6.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SA vs. CTGO - Sharpe Ratio Comparison

The current SA Sharpe Ratio is 2.39, which is higher than the CTGO Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of SA and CTGO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SA	CTGO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.39	1.30	+1.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	-0.00	+0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.18	0.22	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	0.07	+0.11

Correlation

The correlation between SA and CTGO is 0.09, 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

SA vs. CTGO - Dividend Comparison

Neither SA nor CTGO has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

SA vs. CTGO - Drawdown Comparison

The maximum SA drawdown since its inception was -90.99%, roughly equal to the maximum CTGO drawdown of -86.86%. Use the drawdown chart below to compare losses from any high point for SA and CTGO.

Drawdown Indicators

	SA	CTGO	Difference
Max Drawdown Largest peak-to-trough decline	-90.99%	-86.86%	-4.13%
Max Drawdown (1Y) Largest decline over 1 year	-37.92%	-49.58%	+11.66%
Max Drawdown (5Y) Largest decline over 5 years	-56.12%	-72.48%	+16.36%
Max Drawdown (10Y) Largest decline over 10 years	-61.10%	-72.87%	+11.77%
Current Drawdown Current decline from peak	-27.98%	-43.35%	+15.37%
Average Drawdown Average peak-to-trough decline	-51.56%	-39.11%	-12.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.10%	13.58%	-2.48%

Volatility

SA vs. CTGO - Volatility Comparison

Seabridge Gold Inc. (SA) and Contango Ore, Inc. (CTGO) have volatilities of 23.69% and 22.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SA	CTGO	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.69%	22.58%	+1.11%
Volatility (6M) Calculated over the trailing 6-month period	50.27%	45.85%	+4.42%
Volatility (1Y) Calculated over the trailing 1-year period	60.25%	64.68%	-4.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.75%	62.53%	-12.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.11%	82.84%	-31.73%

Financials