NHIC vs GLDG
Comparison between NewHold Investment Corp III - Class A (NHIC, Company) and GoldMining Inc (GLDG, Company).
NHIC vs GLDG - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
NHIC
$202M
GLDG
$201M
Max Drawdown
Winner
NHIC
6.91%
GLDG
81.97%
Sharpe Ratio
NHIC
0.13
Winner
GLDG
0.56
5Y Beta
Winner
NHIC
0.05
GLDG
0.79
Industry
NHIC
N/A
GLDG
Gold
P/E Ratio
NHIC
516.42
Winner
GLDG
-12.74
PEG Ratio
NHIC
N/A
GLDG
0.00
Debt to Equity
Winner
NHIC
0.00%
GLDG
0.11%
Free Cash Flow Yield
Winner
NHIC
-1.02%
GLDG
-13.08%
P/B Ratio
Winner
NHIC
-35.83
GLDG
1.11
NHIC vs GLDG - Historical Returns
Returns include dividend reinvestment.
1M
NHIC
-3.09%
Winner
GLDG
+1.13%
3M
Winner
NHIC
+0.76%
GLDG
-19.59%
6M
Winner
NHIC
+2.01%
GLDG
-32.05%
1Y
NHIC
+4.41%
Winner
GLDG
+18.12%
5Y(CAGR)
NHIC
N/A
GLDG
-5.20%
10Y(CAGR)
NHIC
N/A
GLDG
-7.34%
Max(CAGR)
Winner
NHIC
+5.52%
GLDG
-1.25%
NHIC vs GLDG - Annual Returns (2011 - 2026)
Returns include dividend reinvestment.
| Year | NHIC | GLDG |
|---|---|---|
| 2026 | +2.80% | -22.81% |
| 2025 | +4.38% | +50.08% |
| 2024 | N/A | -14.78% |
| 2023 | N/A | -9.80% |
| 2022 | N/A | -17.52% |
| 2021 | N/A | -48.50% |
| 2020 | N/A | +105.66% |
| 2019 | N/A | +73.88% |
| 2018 | N/A | -47.71% |
| 2017 | N/A | -31.58% |
| 2016 | N/A | +363.86% |
| 2015 | N/A | -27.41% |
| 2014 | N/A | +1.79% |
| 2013 | N/A | -59.99% |
| 2012 | N/A | -7.26% |
| 2011 | N/A | -0.94% |
NHIC vs GLDG Drawdown Comparison
The maximum drawdown for NHIC was -6.91%, occurring on Aug 6, 2026. This drawdown has not yet recovered.
The maximum drawdown for GLDG was -81.97%, occurring on Jan 20, 2016. Recovery took 1054 trading sessions.
The current NHIC drawdown is -6.91%. The current GLDG drawdown is -66.73%.
| Rank | NHIC | GLDG |
|---|---|---|
| #1 | -6.91% Jun 1, 2026 - Aug 6, 2026 | -81.97% Mar 22, 2012 - Jun 10, 2016 |
| #2 | -0.96% Feb 2, 2026 - Apr 27, 2026 | -77.95% Sep 22, 2016 - Aug 20, 2020 |
| #3 | -0.68% Jun 20, 2025 - Oct 13, 2025 | -75.24% Sep 1, 2020 - Jun 20, 2025 |
| #4 | -0.57% May 4, 2026 - May 26, 2026 | -32.76% Jul 6, 2016 - Sep 20, 2016 |
| #5 | -0.48% Oct 27, 2025 - Nov 11, 2025 | -29.37% Jul 27, 2011 - Feb 10, 2012 |
| #6 | -0.47% Apr 28, 2026 - May 4, 2026 | -13.86% Jun 15, 2016 - Jun 29, 2016 |
| #7 | -0.46% May 12, 2025 - Jun 4, 2025 | -10.52% Aug 21, 2020 - Aug 31, 2020 |
| #8 | -0.39% Nov 11, 2025 - Dec 8, 2025 | -10.40% Feb 10, 2012 - Mar 22, 2012 |
| #9 | -0.29% Dec 8, 2025 - Jan 22, 2026 | -0.73% Jul 5, 2011 - Jul 11, 2011 |
| #10 | -0.10% Jun 13, 2025 - Jun 18, 2025 | N/A |
| #11 | -0.10% Jan 22, 2026 - Feb 2, 2026 | N/A |
| #12 | -0.05% Jun 9, 2025 - Jun 11, 2025 | N/A |
Correlation
Correlation between NHIC and GLDG is 0.16 which considered as a very weak or no correlation - the stocks move independently of each other.
0.16
-101
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