GSAT vs NGD
Comparison between Globalstar Inc (GSAT, Company) and New Gold Inc (NGD, Company).
GSAT is from the Communication Services sector, while NGD is from the Basic Materials sector.
5-Year PerformanceNGD has outperformed GSAT, delivering a return of +38.5% compared to +32.1%
GSAT vs NGD - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
GSAT vs NGD - Historical Returns
Returns include dividend reinvestment.
GSAT vs NGD - Annual Returns (2004 - 2026)
Returns include dividend reinvestment.
| Year | GSAT | NGD |
|---|---|---|
| 2026 | +30.08% | +6.07% |
| 2025 | +91.95% | +232.44% |
| 2024 | +10.70% | +73.43% |
| 2023 | +49.23% | +47.47% |
| 2022 | +16.67% | -33.33% |
| 2021 | +239.78% | -36.17% |
| 2020 | -37.30% | +143.06% |
| 2019 | -23.53% | +6.63% |
| 2018 | -50.02% | -77.81% |
| 2017 | -25.99% | -9.37% |
| 2016 | +16.18% | +48.94% |
| 2015 | -46.27% | -47.51% |
| 2014 | +59.88% | -20.52% |
| 2013 | +446.88% | -53.34% |
| 2012 | -47.41% | +3.86% |
| 2011 | -63.76% | +4.46% |
| 2010 | +54.26% | +157.52% |
| 2009 | +248.00% | +160.00% |
| 2008 | -97.57% | -72.45% |
| 2007 | -43.10% | -29.87% |
| 2006 | -20.61% | +2.88% |
| 2005 | N/A | +31.05% |
| 2004 | N/A | -9.40% |
GSAT vs NGD Drawdown Comparison
The maximum drawdown for GSAT was -99.14%, occurring on Dec 19, 2008. This drawdown has not yet recovered.
The maximum drawdown for NGD was -96.73%, occurring on Mar 13, 2020. This drawdown has not yet recovered.
The current GSAT drawdown is -68.33%. The current NGD drawdown is -35.37%.
| Rank | GSAT | NGD |
|---|---|---|
| #1 | -99.14% Nov 2, 2006 - Dec 19, 2008 | -96.73% Sep 8, 2011 - Mar 13, 2020 |
| #2 | N/A | -93.36% May 2, 2006 - Aug 15, 2011 |
| #3 | N/A | -40.46% Dec 1, 2004 - Dec 29, 2005 |
| #4 | N/A | -10.01% Feb 24, 2006 - Mar 30, 2006 |
| #5 | N/A | -7.21% Aug 22, 2011 - Aug 26, 2011 |
| #6 | N/A | -4.87% Apr 19, 2006 - Apr 28, 2006 |
| #7 | N/A | -4.73% Jan 17, 2006 - Feb 2, 2006 |
| #8 | N/A | -4.44% Feb 2, 2006 - Feb 17, 2006 |
| #9 | N/A | -3.93% Nov 18, 2004 - Nov 29, 2004 |
| #10 | N/A | -2.37% Jan 4, 2006 - Jan 11, 2006 |
| #11 | N/A | -2.00% Aug 26, 2011 - Aug 30, 2011 |
| #12 | N/A | -1.71% Apr 6, 2006 - Apr 11, 2006 |
| #13 | N/A | -1.50% Aug 15, 2011 - Aug 17, 2011 |
| #14 | N/A | -1.40% Mar 31, 2006 - Apr 5, 2006 |
| #15 | N/A | -1.39% Aug 30, 2011 - Sep 8, 2011 |
Correlation
Correlation between GSAT and NGD is 0.26 which considered as a very weak or no correlation - the stocks move independently of each other.
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