GLDG vs NHIC
Comparison between GoldMining Inc (GLDG, Company) and NewHold Investment Corp III - Class A (NHIC, Company).
GLDG vs NHIC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
GLDG
$202M
Winner
NHIC
$202M
Max Drawdown
GLDG
81.97%
Winner
NHIC
4.72%
Sharpe Ratio
GLDG
0.61
Winner
NHIC
0.64
5Y Beta
GLDG
0.80
Winner
NHIC
0.06
Industry
GLDG
Gold
NHIC
N/A
P/E Ratio
Winner
GLDG
-17.65
NHIC
516.42
5Y EPS CAGR
GLDG
-2.92%
NHIC
N/A
Debt to Equity
GLDG
0.11%
Winner
NHIC
0.00%
Free Cash Flow Yield
GLDG
-12.24%
Winner
NHIC
-1.02%
P/B Ratio
GLDG
N/A
NHIC
-35.83
GLDG vs NHIC - Historical Returns
Returns include dividend reinvestment.
1M
GLDG
-11.75%
Winner
NHIC
+3.80%
3M
GLDG
-26.12%
Winner
NHIC
+5.30%
6M
GLDG
-24.36%
Winner
NHIC
+5.50%
1Y
Winner
GLDG
+26.73%
NHIC
+7.10%
5Y(CAGR)
GLDG
-8.05%
NHIC
N/A
10Y(CAGR)
GLDG
-5.95%
NHIC
N/A
Max(CAGR)
GLDG
-1.34%
Winner
NHIC
+8.55%
GLDG vs NHIC - Annual Returns (2011 - 2026)
Returns include dividend reinvestment.
| Year | GLDG | NHIC |
|---|---|---|
| 2026 | -23.75% | +5.50% |
| 2025 | +50.08% | +4.38% |
| 2024 | -14.78% | N/A |
| 2023 | -9.80% | N/A |
| 2022 | -17.52% | N/A |
| 2021 | -48.50% | N/A |
| 2020 | +105.66% | N/A |
| 2019 | +73.88% | N/A |
| 2018 | -47.71% | N/A |
| 2017 | -31.58% | N/A |
| 2016 | +363.86% | N/A |
| 2015 | -27.41% | N/A |
| 2014 | +1.79% | N/A |
| 2013 | -59.99% | N/A |
| 2012 | -7.26% | N/A |
| 2011 | -0.94% | N/A |
GLDG vs NHIC Drawdown Comparison
The maximum drawdown for GLDG was -81.97%, occurring on Jan 20, 2016. Recovery took 1054 trading sessions.
The maximum drawdown for NHIC was -4.72%, occurring on Jun 10, 2026. This drawdown has not yet recovered.
The current GLDG drawdown is -67.13%. The current NHIC drawdown is -4.46%.
| Rank | GLDG | NHIC |
|---|---|---|
| #1 | -81.97% Mar 22, 2012 - Jun 10, 2016 | -4.72% Jun 1, 2026 - Jun 10, 2026 |
| #2 | -77.95% Sep 22, 2016 - Aug 20, 2020 | -0.96% Feb 2, 2026 - Apr 27, 2026 |
| #3 | -75.24% Sep 1, 2020 - Jun 20, 2025 | -0.68% Jun 20, 2025 - Oct 13, 2025 |
| #4 | -32.76% Jul 6, 2016 - Sep 20, 2016 | -0.57% May 4, 2026 - May 26, 2026 |
| #5 | -29.37% Jul 27, 2011 - Feb 10, 2012 | -0.48% Oct 27, 2025 - Nov 11, 2025 |
| #6 | -13.86% Jun 15, 2016 - Jun 29, 2016 | -0.47% Apr 28, 2026 - May 4, 2026 |
| #7 | -10.52% Aug 21, 2020 - Aug 31, 2020 | -0.46% May 12, 2025 - Jun 4, 2025 |
| #8 | -10.40% Feb 10, 2012 - Mar 22, 2012 | -0.39% Nov 11, 2025 - Dec 8, 2025 |
| #9 | -0.73% Jul 5, 2011 - Jul 11, 2011 | -0.29% Dec 8, 2025 - Jan 22, 2026 |
| #10 | N/A | -0.10% Jun 13, 2025 - Jun 18, 2025 |
| #11 | N/A | -0.10% Jan 22, 2026 - Feb 2, 2026 |
| #12 | N/A | -0.05% Jun 9, 2025 - Jun 11, 2025 |
Correlation
Correlation between GLDG and NHIC is 0.27 which considered as a very weak or no correlation - the stocks move independently of each other.
0.27
-101
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