THM vs. EQX
THM (International Tower Hill Mines Ltd.) and EQX (Equinox Gold Corp.) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 5 years, THM returned 16.15%/yr vs 7.37%/yr for EQX. At a 0.41 correlation, their price movements are largely independent.
Performance
THM vs. EQX - Performance Comparison
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Returns By Period
In the year-to-date period, THM achieves a 19.35% return, which is significantly higher than EQX's -26.84% return.
THM
- 1D
- 0.45%
- 1M
- -7.11%
- YTD
- 19.35%
- 6M
- 12.12%
- 1Y
- 163.78%
- 3Y*
- 72.50%
- 5Y*
- 16.15%
- 10Y*
- 13.30%
EQX
- 1D
- -2.47%
- 1M
- -15.50%
- YTD
- -26.84%
- 6M
- -31.06%
- 1Y
- 70.92%
- 3Y*
- 30.71%
- 5Y*
- 7.37%
- 10Y*
- —
THM vs. EQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
THM International Tower Hill Mines Ltd. | 19.35% | 308.43% | -22.15% | 37.58% | -42.13% | -46.76% | 155.56% | 3.95% | 12.93% |
EQX Equinox Gold Corp. | -26.84% | 179.68% | 2.66% | 49.09% | -51.48% | -34.62% | 34.29% | 106.43% | -4.97% |
Correlation
The correlation between THM and EQX is 0.58, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Aug 3, 2018 | 0.41 |
The correlation between THM and EQX shifts across timeframes, from 0.41 (all time) to 0.58 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
THM:
$551.47M
EQX:
$8.46B
THM:
-$0.01
EQX:
$0.89
THM:
3.24
EQX:
1.38
THM:
$0.00
EQX:
$2.29B
THM:
-$135.77K
EQX:
$866.94M
THM:
-$4.04M
EQX:
$1.22B
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Return for Risk
THM vs. EQX — Risk / Return Rank
THM
EQX
THM vs. EQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for International Tower Hill Mines Ltd. (THM) and Equinox Gold Corp. (EQX). 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.
| THM | EQX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.54 | ||
| Sortino ratioReturn per unit of downside risk | +0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.22 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.46 | 1.48 | +1.97 |
| Martin ratioReturn relative to average drawdown | 6.52 | 4.23 | +2.29 |
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Drawdowns
THM vs. EQX - Drawdown Comparison
The maximum THM drawdown since its inception was -98.18%, which is greater than EQX's maximum drawdown of -81.06%. Use the drawdown chart below to compare losses from any high point for THM and EQX.
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Drawdown Indicators
| THM | EQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.18% | -81.06% | -17.12% |
Max Drawdown (1Y)Largest decline over 1 year | -47.65% | -48.02% | +0.37% |
Max Drawdown (3Y)Largest decline over 3 years | -48.95% | -48.02% | -0.93% |
Max Drawdown (5Y)Largest decline over 5 years | -70.71% | -71.57% | +0.86% |
Max Drawdown (10Y)Largest decline over 10 years | -84.16% | — | — |
Current DrawdownCurrent decline from peak | -78.61% | -45.25% | -33.36% |
Average DrawdownAverage peak-to-trough decline | -74.74% | -38.13% | -36.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.23% | 16.83% | +8.40% |
Volatility
THM vs. EQX - Volatility Comparison
International Tower Hill Mines Ltd. (THM) has a higher volatility of 26.18% compared to Equinox Gold Corp. (EQX) at 21.68%. This indicates that THM's price experiences larger fluctuations and is considered to be riskier than EQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| THM | EQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.18% | 21.68% | +4.50% |
Volatility (6M)Calculated over the trailing 6-month period | 63.20% | 49.02% | +14.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 96.45% | 61.16% | +35.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 82.07% | 57.71% | +24.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 80.96% | 55.59% | +25.37% |
Dividends
THM vs. EQX - Dividend Comparison
THM has not paid dividends to shareholders, while EQX's dividend yield for the trailing twelve months is around 0.29%.
| Position | TTM |
|---|---|
EQX Equinox Gold Corp. | 0.29% |
THM International Tower Hill Mines Ltd. | 0.00% |
Financials
THM vs. EQX - Financials Comparison
This section allows you to compare key financial metrics between International Tower Hill Mines Ltd. and Equinox 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.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
THM and EQX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
THM has higher volatility (26.18%) compared to EQX (21.68%). In terms of maximum drawdown, THM dropped -98.18% vs EQX's -81.06%.
THM currently has the higher Sharpe Ratio (1.71 vs 1.17), 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.
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