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SAND vs. HMY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between SAND and HMY is 0.13, 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.


Performance

SAND vs. HMY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sandstorm Gold Ltd. (SAND) and Harmony Gold Mining Company Limited (HMY). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

SAND:

1.55

HMY:

1.03

Sortino Ratio

SAND:

1.91

HMY:

1.62

Omega Ratio

SAND:

1.26

HMY:

1.20

Calmar Ratio

SAND:

0.80

HMY:

1.16

Martin Ratio

SAND:

6.86

HMY:

3.80

Ulcer Index

SAND:

7.62%

HMY:

15.36%

Daily Std Dev

SAND:

36.47%

HMY:

59.17%

Max Drawdown

SAND:

-86.60%

HMY:

-97.05%

Current Drawdown

SAND:

-39.17%

HMY:

-18.90%

Fundamentals

Market Cap

SAND:

$2.59B

HMY:

$9.08B

EPS

SAND:

$0.10

HMY:

$0.93

PE Ratio

SAND:

88.40

HMY:

15.69

PEG Ratio

SAND:

0.00

HMY:

0.00

PS Ratio

SAND:

14.12

HMY:

0.14

PB Ratio

SAND:

1.84

HMY:

3.56

Total Revenue (TTM)

SAND:

$183.53M

HMY:

$37.96B

Gross Profit (TTM)

SAND:

$104.67M

HMY:

$14.87B

EBITDA (TTM)

SAND:

$131.21M

HMY:

$12.93B

Returns By Period

In the year-to-date period, SAND achieves a 59.10% return, which is significantly lower than HMY's 79.03% return. Over the past 10 years, SAND has underperformed HMY with an annualized return of 10.69%, while HMY has yielded a comparatively higher 27.03% annualized return.


SAND

YTD

59.10%

1M

5.11%

6M

53.33%

1Y

57.09%

3Y*

11.41%

5Y*

1.91%

10Y*

10.69%

HMY

YTD

79.03%

1M

-1.88%

6M

59.94%

1Y

62.37%

3Y*

64.90%

5Y*

36.07%

10Y*

27.03%

*Annualized

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Sandstorm Gold Ltd.

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

SAND vs. HMY — Risk-Adjusted Performance Rank

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

SAND
The Risk-Adjusted Performance Rank of SAND is 8686
Overall Rank
The Sharpe Ratio Rank of SAND is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of SAND is 8484
Sortino Ratio Rank
The Omega Ratio Rank of SAND is 8383
Omega Ratio Rank
The Calmar Ratio Rank of SAND is 7979
Calmar Ratio Rank
The Martin Ratio Rank of SAND is 9090
Martin Ratio Rank

HMY
The Risk-Adjusted Performance Rank of HMY is 8181
Overall Rank
The Sharpe Ratio Rank of HMY is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of HMY is 7979
Sortino Ratio Rank
The Omega Ratio Rank of HMY is 7676
Omega Ratio Rank
The Calmar Ratio Rank of HMY is 8585
Calmar Ratio Rank
The Martin Ratio Rank of HMY is 8282
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SAND vs. HMY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Sandstorm Gold Ltd. (SAND) and Harmony Gold Mining Company Limited (HMY). 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.


The current SAND Sharpe Ratio is 1.55, which is higher than the HMY Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of SAND and HMY, 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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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

SAND vs. HMY - Dividend Comparison

SAND's dividend yield for the trailing twelve months is around 0.65%, less than HMY's 1.18% yield.


TTM202420232022202120202019201820172016
SAND
Sandstorm Gold Ltd.
0.65%1.05%1.19%1.16%0.00%0.00%0.00%0.00%0.00%0.00%
HMY
Harmony Gold Mining Company Limited
1.18%1.58%0.65%1.15%2.24%0.00%0.00%0.00%3.48%1.67%

Drawdowns

SAND vs. HMY - Drawdown Comparison

The maximum SAND drawdown since its inception was -86.60%, smaller than the maximum HMY drawdown of -97.05%. Use the drawdown chart below to compare losses from any high point for SAND and HMY.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

SAND vs. HMY - Volatility Comparison

The current volatility for Sandstorm Gold Ltd. (SAND) is 12.31%, while Harmony Gold Mining Company Limited (HMY) has a volatility of 20.43%. This indicates that SAND experiences smaller price fluctuations and is considered to be less risky than HMY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

SAND vs. HMY - Financials Comparison

This section allows you to compare key financial metrics between Sandstorm Gold Ltd. and Harmony Gold Mining Company Limited. 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


0.005.00B10.00B15.00B20.00B25.00B30.00B35.00B20212022202320242025
50.07M
18.57B
(SAND) Total Revenue
(HMY) Total Revenue
Values in USD except per share items

SAND vs. HMY - Profitability Comparison

The chart below illustrates the profitability comparison between Sandstorm Gold Ltd. and Harmony Gold Mining Company Limited over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

10.0%20.0%30.0%40.0%50.0%60.0%20212022202320242025
58.1%
39.3%
(SAND) Gross Margin
(HMY) Gross Margin
SAND - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Sandstorm Gold Ltd. reported a gross profit of 29.06M and revenue of 50.07M. Therefore, the gross margin over that period was 58.1%.

HMY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Harmony Gold Mining Company Limited reported a gross profit of 7.29B and revenue of 18.57B. Therefore, the gross margin over that period was 39.3%.

SAND - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Sandstorm Gold Ltd. reported an operating income of 23.95M and revenue of 50.07M, resulting in an operating margin of 47.8%.

HMY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Harmony Gold Mining Company Limited reported an operating income of 5.00B and revenue of 18.57B, resulting in an operating margin of 26.9%.

SAND - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Sandstorm Gold Ltd. reported a net income of 10.50M and revenue of 50.07M, resulting in a net margin of 21.0%.

HMY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Harmony Gold Mining Company Limited reported a net income of 3.93B and revenue of 18.57B, resulting in a net margin of 21.2%.