ASTL vs. UAMY

Last updated Jun 23, 2026

ASTL (Algoma Steel Group Inc.) and UAMY (United States Antimony Corporation) are both stocks. Both are in the Basic Materials sector — ASTL in Steel, UAMY in Other Industrial Metals & Mining. Over the past 3 years, ASTL returned -13.21%/yr vs 192.90%/yr for UAMY. At a 0.22 correlation, their price movements are largely independent.

Performance

ASTL vs. UAMY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Algoma Steel Group Inc. (ASTL) and United States Antimony Corporation (UAMY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ASTL achieves a 4.63% return, which is significantly lower than UAMY's 55.38% return.

ASTL

• 1D: -5.09%
• 1M: -9.30%
• YTD: 4.63%
• 6M: 0.00%
• 1Y: -36.91%
• 3Y*: -13.21%
• 5Y*: —
• 10Y*: —

UAMY

• 1D: -0.64%
• 1M: -7.36%
• YTD: 55.38%
• 6M: 39.53%
• 1Y: 185.71%
• 3Y*: 192.90%
• 5Y*: 52.68%
• 10Y*: 42.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ASTL vs. UAMY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ASTL Algoma Steel Group Inc.	4.63%	-57.40%	-0.25%	62.49%	-39.91%	-9.92%
UAMY United States Antimony Corporation	55.38%	183.62%	610.84%	-48.86%	-2.19%	-43.82%

Correlation

The correlation between ASTL and UAMY is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (All Time) Calculated using the full available price history since Oct 20, 2021	0.22

Fundamentals

Market Cap ASTL : $450.17M UAMY : $1.10B
EPS ASTL : -CA$9.17 UAMY : -$0.13
PS Ratio ASTL : 0.31 UAMY : 25.77
PB Ratio ASTL : 1.30 UAMY : 8.37
Total Revenue (TTM) ASTL : CA$2.09B UAMY : $39.04M
Gross Profit (TTM) ASTL : -CA$655.19M UAMY : $4.34M
EBITDA (TTM) ASTL : -CA$442.87M UAMY : -$15.23M

Return for Risk

ASTL vs. UAMY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ASTL

ASTL Risk / Return Rank: 19
ASTL Sharpe Ratio Rank: 18
ASTL Sortino Ratio Rank: 20
ASTL Omega Ratio Rank: 22
ASTL Calmar Ratio Rank: 17
ASTL Martin Ratio Rank: 20

UAMY

UAMY Risk / Return Rank: 79
UAMY Sharpe Ratio Rank: 81
UAMY Sortino Ratio Rank: 83
UAMY Omega Ratio Rank: 77
UAMY Calmar Ratio Rank: 80
UAMY Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ASTL vs. UAMY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Algoma Steel Group Inc. (ASTL) and United States Antimony Corporation (UAMY). 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.

	ASTL	UAMY	Difference
Sharpe ratio: Return per unit of total volatility	-0.55	1.41	-1.97
Sortino ratio: Return per unit of downside risk	-0.48	2.42	-2.89
Omega ratio: Gain probability vs. loss probability	0.94	1.27	-0.32
Calmar ratio: Return relative to maximum drawdown	-0.67	2.52	-3.19
Martin ratio: Return relative to average drawdown	-1.02	4.26	-5.28

ASTL vs. UAMY - Sharpe Ratio Comparison

The current ASTL Sharpe Ratio is -0.55, which is lower than the UAMY Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of ASTL and UAMY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ASTL vs. UAMY - Drawdown Comparison

The maximum ASTL drawdown since its inception was -73.16%, smaller than the maximum UAMY drawdown of -96.44%. Use the drawdown chart below to compare losses from any high point for ASTL and UAMY.

Drawdown Indicators

	ASTL	UAMY	Difference
Max Drawdown Largest peak-to-trough decline	-73.16%	-96.44%	+23.28%
Max Drawdown (1Y) Largest decline over 1 year	-55.13%	-74.30%	+19.17%
Max Drawdown (3Y) Largest decline over 3 years	-72.88%	-74.30%	+1.42%
Max Drawdown (5Y) Largest decline over 5 years	—	-80.46%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-89.76%	—
Current Drawdown Current decline from peak	-63.90%	-55.35%	-8.55%
Average Drawdown Average peak-to-trough decline	-39.45%	-66.40%	+26.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	36.27%	43.78%	-7.51%

Volatility

ASTL vs. UAMY - Volatility Comparison

The current volatility for Algoma Steel Group Inc. (ASTL) is 19.81%, while United States Antimony Corporation (UAMY) has a volatility of 27.35%. This indicates that ASTL experiences smaller price fluctuations and is considered to be less risky than UAMY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASTL	UAMY	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.81%	27.35%	-7.54%
Volatility (6M) Calculated over the trailing 6-month period	48.27%	92.15%	-43.88%
Volatility (1Y) Calculated over the trailing 1-year period	67.38%	132.39%	-65.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.74%	95.17%	-43.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.74%	101.09%	-49.35%

Dividends

ASTL vs. UAMY - Dividend Comparison

Neither ASTL nor UAMY has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
ASTL Algoma Steel Group Inc.	0.00%	2.44%	2.04%	1.99%	3.15%
UAMY United States Antimony Corporation	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both ASTL and UAMY in my portfolio?

ASTL and UAMY have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ASTL or UAMY?

UAMY has higher volatility (27.35%) compared to ASTL (19.81%). In terms of maximum drawdown, ASTL dropped -73.16% vs UAMY's -96.44%.

Which has better risk-adjusted returns?

UAMY currently has the higher Sharpe Ratio (1.41 vs -0.55), 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.