NGD vs PAAS Stock Comparison

Compare NGD and PAAS across AIQ Score, fundamentals, valuation, momentum, risk, analyst expectations and current market evidence.

Market data as of Sep 11, 2026 market close· AIQ score gap 5 points
NGD
Basic Materials
vs
PAAS
Basic Materials
NGD
New Gold Inc.
Leads
Price
$9.08
Day move
-
AIQ Score
61/100
Best edge
Quality
Sector
Basic Materials
PAAS
Pan American Silver Corp.
Price
$50.34
Day move
-0.61%
AIQ Score
56/100
Best edge
Value
Sector
Basic Materials

What is the main difference between NGD and PAAS?

NGD leads the current stock comparison as New Gold Inc., with the clearest separation coming from quality and the broader AIQ evidence mix.

AlgovestIQ AIQ Comparison

New Gold Inc. vs Pan American Silver Corp.

Data as of Sep 11, 2026· market close· Basic Materials· Coverage 64/66 fields· High confidence
AIQ VerdictFragileAIQ Comparison Conviction 3/10

NGD leads

NGD leads by 5 AIQ points, primarily on Quality, having only recently taken the lead back from PAAS. Wall Street currently favors PAAS on target upside.

Fragile: 3 of 6 evidence groups support NGD, and the lead recently changed hands.

Evidence agreement: 3 of 6Comparison trend: Reversed
NGD

New Gold Inc.

Leads
AIQ Score
61/100
AIQ Edge Score
9/10
PAAS

Pan American Silver Corp.

AIQ Score
56/100
AIQ Edge Score
8/10

The Algovestiq AIQ Score currently favors NGD over PAAS, 61 versus 56 as of Sep 11, 2026. NGD's advantage is driven primarily by stronger quality, while PAAS holds the stronger value profile. NGD also shows the weaker technical structure relative to its 50-day moving average, though analyst target upside currently favors PAAS. 3 of 6 covered evidence groups favor NGD today, and the comparison is rated Fragile on stability: the AIQ gap is narrow at 5 points. NGD lead: Reversed — PAAS led by 12 AIQ points 30 sessions ago; NGD now leads by 5.

Compare New Gold Inc. and Pan American Silver Corp. across the Algovestiq AIQ Score, valuation, quality, momentum, risk, technicals and analyst expectations.

Currently unavailable

Performance over time

Price-return comparison using available daily close history.

NGD
+733.9%
PAAS
+95.8%

Total return comparison

Growth of $10,000

NGD $83,387 · PAAS $19,579

Based on available close-price history. Distribution reinvestment is not added unless already reflected in the source series.

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AIQ Factor Divergence

Where the two separate, on the four dimensions behind the AIQ Score. Bars read outward from a shared zero: further from the centre is a wider gap.

NGD advantage
0
PAAS advantage
  • Quality90 vs 68
    NGD +22
  • Value36 vs 51
    PAAS +15
  • Risk Resilience52 vs 50
    Even

3 of 6 evidence groups favor NGD. NGD’s edge is concentrated in quality; PAAS keeps a meaningful value edge.

What changed since the last close

Latest scored session 2026-09-10, compared against the prior scored session 2026-09-09.

NGD0 AIQ

No factor moved materially.

No new signals fired.

PAAS-4 AIQ

Largest factor move: Momentum -16

No new signals fired.

NGD's lead widened by 4 AIQ points in the latest snapshot.

Deeper signal detail for each name lives on its own signals page — NGD and PAAS both carry a full feed there.

The central trade-off

NGD (New Gold Inc.): the stronger current systematic profile, led by quality.

PAAS (Pan American Silver Corp.): the counter-case, on value, valuation, analyst expectations.

The AIQ Score and Wall Street therefore point in different directions on this pair.

Which one fits your objective

The same two names rank differently depending on what you are optimizing for. All six reads are shown at once — none of them is hidden behind a toggle.

Balanced

NGD

NGD on the overall AIQ Score, which weights Quality and Value most heavily.

Growth

NGD

NGD on combined revenue and EPS growth.

Value

PAAS

PAAS on the peer-relative Value factor, by 15 points.

Momentum

Even

The two are level on Momentum.

Lower downside

PAAS

PAAS carries the lower 1-month annualized volatility.

Analyst upside

PAAS

PAAS on implied upside to the consensus price target.

AIQ vs Wall Street

The model and the Street disagree here: AIQ favors NGD, analyst targets favor PAAS. That disagreement is the most useful thing on this page.

MeasureNGDPAASNote
Implied upside to target+40.4%+45%PAAS has more room
Target dispersion0%+56.2%Lower is tighter analyst agreement
ConsensusBuyBuyContext, not a primary driver
Analysts covering13Higher coverage generally improves confidence

The two are measuring different things. The AIQ Score reads current fundamentals, valuation, trend and risk; analyst targets price forward expectations. A divergence of this kind is either a contrarian opportunity or a sign the model is missing something already priced in — it is worth resolving before acting on either.

Analyst targets are expectations, not predictions. Dispersion matters as much as the midpoint.

AIQ Agreement Matrix

3 of 6 covered evidence groups favor NGD. A wide gap backed by one group is a weaker case than a narrow gap backed by five.

Evidence groupFavorsReading
AIQ ScoreNGD61 vs 56
FundamentalsNGDrevenue growth 10.5% vs -5.1%; EPS growth 3.7% vs -35.2%; TTM ROE 64.8% vs 19.5%; gross margin 51.8% vs 44.6%; operating margin 44.8% vs 39.2%
ValuationPAASValue 36 vs 51
TechnicalsNGDPrice vs 50-day -18.6% vs 5.8%; vs 200-day 28% vs -3.6%
Risk ResilienceEvenRisk Resilience 52 vs 50
Analyst expectationsPAASTarget upside 40.4% vs 45%

✓ agrees with the overall verdict · ✕ points the other way. Groups marked “not covered” lack data on one or both of NGD and PAAS and are excluded from the count.

AIQ Decision Stability

Fragile

The conclusion is sensitive to small changes. Treat the lead as provisional and watch the flip conditions below.

  • The AIQ gap is narrow at 5 points. (argues the conclusion is provisional)
  • Only 3 of 6 covered evidence groups agree. (argues the conclusion is provisional)
  • The lead has already changed hands inside the comparison window. (argues the conclusion is provisional)
  • The lead has swung materially session to session. (argues the conclusion is provisional)

Stability combines the score gap, how broadly the evidence agrees, how steady the lead has been across daily snapshots, the current signal state on both names, and analyst dispersion on NGD.

How the comparison changed

119 daily snapshots · May 4 Sep 10

NGD lead: Reversed — PAAS led by 12 AIQ points 30 sessions ago; NGD now leads by 5.

May 4NGD leads above the line · PAAS leads belowSep 10
Today
NGD +5
61 vs 56
7 sessions ago
NGD +3
61 vs 58
30 sessions ago
PAAS +12
47 vs 59
90 sessions ago
PAAS +1
47 vs 48

The lead changed hands once in this window, most recently on Sep 2 when NGD moved ahead of PAAS.

AIQ Signal Divergence

Only the signals that bear on the head-to-head. A conflicted name is carrying bullish and bearish rules at the same time — the technical evidence is not pointing one way.

NGD

No active signals

PAAS

0 bullish / 2 bearish / 1 neutral

  • Death Cross Active bearish, trend, long horizon (10.48%)
  • ATR Expansion - Breakout Mode neutral, volatility, short horizon (4.27%)
  • MACD Bearish Crossover bearish, momentum, short horizon

Price vs model alignment

Whether the latest session's price move confirms what the model did over the same session, or contradicts it.

PAASConfirmed weakness

Price and the AIQ Score both moved down over the latest session (price -0.61%, AIQ -4 points).

What would flip this result

A state, not a forecast. These are the specific, observable changes that would reverse the verdict — not a price prediction.

  1. 1PAAS closes the Quality gap — currently 22 points behind, the largest single contributor to NGD's edge.
  2. 2PAAS's Death Cross Active resolves — a bearish trend rule currently active against it.
  3. 3NGD starts generating bearish momentum or trend signals.
  4. 4A regime shift changes factor weighting — Quality and Value carry the heaviest weights in the composite, so a rotation toward either would move the result most.

The full evidence

Every number behind the verdict. The leader is called above each group so you are not left to solve it from the table.

Fundamentals

NGD leads on balance
MetricNGDPAAS
Revenue growth (YoY)10.5%-5.1%
EPS growth (YoY)3.7%-35.2%
Gross margin51.8%44.6%
Operating margin44.8%39.2%
Return on equity (TTM)64.8%19.5%
Debt to equity0.210.11

Performance

Split across windows
MetricNGDPAAS
1 week (5 sessions)-15.3%-1.7%
1 month (20 sessions)-14.6%-3.3%
3 months (63 sessions)10.3%14.7%
6 months (126 sessions)41.2%-16.7%
Year to date4.2%-2.2%
1 year (252 sessions)170.2%41.7%

Technicals

NGD has the stronger structure
MetricNGDPAAS
RSI (14)22.146.7
ADX (14)22.622.6
Price vs 50-day-18.6%5.8%
Price vs 200-day28%-3.6%
Volatility (1M, annualized)69.9%62.6%

Risk

Split
MetricNGDPAAS
Beta2.371.92
Sharpe ratio1.880.84
Sortino ratio2.371.2
Max drawdown-32.3%-39.2%
Current drawdown-32.3%-26.3%
Annualized volatility66%58.5%
Value at risk (95%)-7%-6.1%

Straight answers

Each answer is regenerated from the current snapshot, not written once and left to age.

Which is better, NGD or PAAS?

On the Algovestiq AIQ Score, NGD is the stronger of the two as of Sep 11, 2026, scoring 61 against PAAS's 56. The edge comes from quality. PAAS is not without a case — it holds the better value profile, which matters more if that is the objective you are optimizing for. This is a systematic score, not a recommendation: it ranks the two on the same evidence, it does not know your holding period or tax position.

Is NGD or PAAS the better buy right now?

NGD carries the stronger systematic profile as of Sep 11, 2026, and the comparison is rated Fragile — 3 of 6 covered evidence groups agree. A Fragile rating means the conclusion is sensitive: the AIQ gap is narrow at 5 points. Treat the lead as provisional.

Why does the AIQ Score favor NGD over PAAS?

The composite weights Quality, Value, Momentum and Risk Resilience. NGD leads Quality by 22 points; PAAS leads Value by 15 points. Where the two split, the factor with the larger weight carries the result.

Which has more analyst upside, NGD or PAAS?

Analyst price targets imply +40.4% upside for NGD and +45% for PAAS, so the Street currently favors PAAS. That points the opposite way to the AIQ Score, which favors NGD. The two are measuring different things: the model reads current fundamentals, valuation, trend and risk; the Street is pricing forward expectations. A divergence of this kind is either a contrarian opportunity or a sign the model is missing something the analysts have already priced — it is the single most useful row on this page to investigate. Analyst targets are expectations, not predictions, and dispersion matters as much as the midpoint.

Which is better value, NGD or PAAS?

PAAS is the better-valued of the two on the peer-relative Value factor. PAAS on the peer-relative Value factor, by 15 points. The Value factor reads valuation relative to sector peers and to the company's own fundamental quality, so it is not the same as simply having the lower multiple.

Which has stronger growth, NGD or PAAS?

NGD on combined revenue and EPS growth. Growth here is measured on reported revenue and earnings, not on forward estimates — it describes what the businesses have delivered, not what the Street expects next.

Which has stronger momentum, NGD or PAAS?

The two are level on Momentum. Momentum is one of the four weighted factors in the AIQ composite. It has documented persistence over three- to twelve-month horizons, which makes it a timing input rather than a reason to hold something indefinitely.

Which is riskier, NGD or PAAS?

PAAS is the more resilient of the two, so the other name carries the higher downside risk. PAAS carries the lower 1-month annualized volatility. Risk Resilience is a weighted factor in the composite; position sizing usually responds to it more usefully than the buy/avoid decision does.

Is NGD more profitable than PAAS?

NGD leads on the comparable margin measures — gross margin 51.8% vs 44.6%; operating margin 44.8% vs 39.2%; ttm roe 64.8% vs 19.5%.

Is NGD's lead over PAAS getting stronger or weaker?

NGD lead: Reversed — PAAS led by 12 AIQ points 30 sessions ago; NGD now leads by 5. This is measured from 119 daily comparison snapshots between 2026-05-04 and 2026-09-10. The lead has changed hands once in that window, most recently on 2026-09-02, when NGD moved ahead of PAAS.

What would change the NGD vs PAAS verdict?

The result is a state, not a forecast, so it changes when the underlying evidence changes. Concretely: PAAS closes the Quality gap — currently 22 points behind, the largest single contributor to NGD's edge; PAAS's Death Cross Active resolves — a bearish trend rule currently active against it; NGD starts generating bearish momentum or trend signals; a regime shift changes factor weighting — Quality and Value carry the heaviest weights in the composite, so a rotation toward either would move the result most.

What do the current signals say about NGD and PAAS?

NGD: No active signals. PAAS: 0 bullish / 2 bearish / 1 neutral. On PAAS it is Death Cross Active (bearish, long horizon).

Compare NGD and PAAS with others

Continue your research

This page answers which of the two. These answer the questions on either side of it.

How this comparison is scored

The Algovestiq AIQ Score composites four factors — Quality, Value, Momentum and Risk, each carrying a fixed weight. Sentiment is reported separately as SentimentPulse and is not folded into the composite. Scores refresh every trading day, and this page regenerates from the latest snapshot rather than being written once.

The verdict names a leader, states how broadly six independent evidence groups agree, and rates how durable that conclusion is given the score gap, its recent trajectory and the current signal state on both names.

How to use side-by-side comparison →

This comparison is informational and educational, not investment advice. AIQ scores update daily; re-check after earnings, guidance or macro data that materially changes either name’s factor profile.