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SA vs. USAU
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

SA vs. USAU - Performance Comparison

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

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Returns By Period

In the year-to-date period, SA achieves a -10.68% return, which is significantly higher than USAU's -28.03% return. Over the past 10 years, SA has outperformed USAU with an annualized return of 7.17%, while USAU has yielded a comparatively lower -13.79% annualized return.


SA

1D
2.40%
1M
-4.31%
6M
-4.96%
YTD
-10.68%
1Y
72.63%
3Y*
29.93%
5Y*
7.97%
10Y*
7.17%
ALL TIME*
9.57%

USAU

1D
7.63%
1M
-15.28%
6M
-17.78%
YTD
-28.03%
1Y
34.72%
3Y*
49.51%
5Y*
6.56%
10Y*
-13.79%
ALL TIME*
-14.72%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$11.84M$12.84M$23.34M
$3.30M$3.25M$3.59M

SA vs. USAU - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SA
Seabridge Gold Inc.
-10.68%159.33%-5.94%-3.58%-23.71%-21.74%52.46%4.46%17.08%38.65%
USAU
U.S. Gold Corp.
-28.03%216.64%44.24%-11.46%-46.49%-45.80%104.32%-10.00%-44.79%-81.48%

Correlation

The correlation between SA and USAU is 0.64, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.64

Correlation (3Y)
Balances recent behavior with more history.

0.54

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.51

Correlation (10Y)
Provides a long-term view across more market conditions.

0.34

Correlation (All Time)
Calculated using the full available price history since Apr 20, 2004

0.17

Over the past year, SA and USAU have become more correlated (0.64) than their long-term average of 0.17, meaning their price movements have been converging.

Fundamentals

Market Cap

SA:

$2.84B

USAU:

$230.52M

EPS

SA:

-CA$0.67

USAU:

-$1.16

PB Ratio

SA:

3.29

USAU:

4.29

Total Revenue (TTM)

SA:

CA$0.00

USAU:

$0.00

Gross Profit (TTM)

SA:

-CA$90.03K

USAU:

$0.00

EBITDA (TTM)

SA:

-CA$31.30M

USAU:

-$17.05M

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Return for Risk

SA vs. USAU — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SA
SA Risk / Return Rank: 7575
Overall Rank
SA Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
SA Sortino Ratio Rank: 7373
Sortino Ratio Rank
SA Omega Ratio Rank: 7272
Omega Ratio Rank
SA Calmar Ratio Rank: 7878
Calmar Ratio Rank
SA Martin Ratio Rank: 7474
Martin Ratio Rank

USAU
USAU Risk / Return Rank: 6161
Overall Rank
USAU Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
USAU Sortino Ratio Rank: 6262
Sortino Ratio Rank
USAU Omega Ratio Rank: 5959
Omega Ratio Rank
USAU Calmar Ratio Rank: 6262
Calmar Ratio Rank
USAU Martin Ratio Rank: 6161
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SA vs. USAU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Seabridge Gold Inc. (SA) and U.S. Gold Corp. (USAU). 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.


SAUSAUDifference
Sharpe ratioReturn per unit of total volatility

+0.55

Sortino ratioReturn per unit of downside risk

+0.49

Omega ratioGain probability vs. loss probability

1.21

1.13

+0.08

Calmar ratioReturn relative to maximum drawdown

1.93

0.79

+1.13

Martin ratioReturn relative to average drawdown

3.81

1.52

+2.29

SA vs. USAU - Sharpe Ratio Comparison

The current SA Sharpe Ratio is 1.08, which is higher than the USAU Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of SA and USAU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

SA vs. USAU - Drawdown Comparison

The maximum SA drawdown since its inception was -90.99%, smaller than the maximum USAU drawdown of -99.99%. Use the drawdown chart below to compare losses from any high point for SA and USAU.


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Drawdown Indicators


SAUSAUDifference

Max Drawdown

Largest peak-to-trough decline

-90.99%

-99.99%

+9.00%

Max Drawdown (1Y)

Largest decline over 1 year

-37.92%

-44.03%

+6.11%

Max Drawdown (3Y)

Largest decline over 3 years

-52.51%

-44.03%

-8.48%

Max Drawdown (5Y)

Largest decline over 5 years

-56.12%

-72.83%

+16.71%

Max Drawdown (10Y)

Largest decline over 10 years

-61.10%

-96.96%

+35.86%

Current Drawdown

Current decline from peak

-32.83%

-99.95%

+67.12%

Average Drawdown

Average peak-to-trough decline

-51.17%

-83.25%

+32.08%

Ulcer Index

Depth and duration of drawdowns from previous peaks

19.11%

22.88%

-3.77%

Volatility

SA vs. USAU - Volatility Comparison

Seabridge Gold Inc. (SA) and U.S. Gold Corp. (USAU) have volatilities of 17.16% and 16.97%, 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.


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Volatility by Period


SAUSAUDifference

Volatility (1M)

Calculated over the trailing 1-month period

17.16%

16.97%

+0.19%

Volatility (6M)

Calculated over the trailing 6-month period

52.50%

45.34%

+7.16%

Volatility (1Y)

Calculated over the trailing 1-year period

68.05%

66.11%

+1.94%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

52.32%

63.42%

-11.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

51.68%

82.00%

-30.32%

Dividends

SA vs. USAU - Dividend Comparison

Neither SA nor USAU has paid dividends to shareholders.


Tickers have no history of dividend payments

Financials

SA vs. USAU - Financials Comparison

This section allows you to compare key financial metrics between Seabridge Gold Inc. and U.S. Gold Corp.. 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


Values in USD except per share items

Frequently Asked Questions


SA and USAU have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SA has higher volatility (17.16%) compared to USAU (16.97%). In terms of maximum drawdown, SA dropped -90.99% vs USAU's -99.99%.

SA currently has the higher Sharpe Ratio (1.08 vs 0.53), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for SA and USAU

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