ATYM.L vs. FRES.L
ATYM.L (Atalaya Mining Ltd) and FRES.L (Fresnillo plc) are both stocks. Both are in the Basic Materials sector — ATYM.L in Copper, FRES.L in Other Precious Metals & Mining. Over the past 10 years, ATYM.L returned 24.45%/yr vs 7.10%/yr for FRES.L. At a 0.18 correlation, their price movements are largely independent.
Performance
ATYM.L vs. FRES.L - Performance Comparison
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Returns By Period
In the year-to-date period, ATYM.L achieves a -4.50% return, which is significantly higher than FRES.L's -15.96% return. Over the past 10 years, ATYM.L has outperformed FRES.L with an annualized return of 24.45%, while FRES.L has yielded a comparatively lower 7.10% annualized return.
ATYM.L
- 1D
- 4.08%
- 1M
- -6.69%
- YTD
- -4.50%
- 6M
- -5.06%
- 1Y
- 82.02%
- 3Y*
- 38.85%
- 5Y*
- 25.14%
- 10Y*
- 24.45%
FRES.L
- 1D
- -1.44%
- 1M
- -16.59%
- YTD
- -15.96%
- 6M
- -17.88%
- 1Y
- 96.36%
- 3Y*
- 70.39%
- 5Y*
- 31.92%
- 10Y*
- 7.10%
ATYM.L vs. FRES.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ATYM.L Atalaya Mining Ltd | -4.50% | 141.04% | 0.93% | 11.73% | -18.78% | 88.92% | 22.40% | -8.35% | 26.97% | 35.25% |
FRES.L Fresnillo plc | -15.96% | 468.21% | 6.13% | -32.98% | 3.90% | -18.79% | 78.92% | -24.01% | -38.26% | 18.98% |
Correlation
The correlation between ATYM.L and FRES.L is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since May 9, 2008 | 0.18 |
Over the past year, ATYM.L and FRES.L have become more correlated (0.60) than their long-term average of 0.18, meaning their price movements have been converging.
Fundamentals
ATYM.L:
£1.27B
FRES.L:
£20.20B
ATYM.L:
€0.55
FRES.L:
$2.08
ATYM.L:
17.13
FRES.L:
17.49
ATYM.L:
0.82
FRES.L:
0.09
ATYM.L:
3.02
FRES.L:
3.33
ATYM.L:
1.93
FRES.L:
5.77
ATYM.L:
€473.55M
FRES.L:
$8.03B
ATYM.L:
€148.66M
FRES.L:
$3.75B
ATYM.L:
€170.88M
FRES.L:
$3.90B
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Return for Risk
ATYM.L vs. FRES.L — Risk / Return Rank
ATYM.L
FRES.L
ATYM.L vs. FRES.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Atalaya Mining Ltd (ATYM.L) and Fresnillo plc (FRES.L). 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.
| ATYM.L | FRES.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.28 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.24 | 2.59 | -0.35 |
| Martin ratioReturn relative to average drawdown | 5.43 | 6.08 | -0.65 |
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Drawdowns
ATYM.L vs. FRES.L - Drawdown Comparison
The maximum ATYM.L drawdown since its inception was -93.06%, which is greater than FRES.L's maximum drawdown of -82.49%. Use the drawdown chart below to compare losses from any high point for ATYM.L and FRES.L.
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Drawdown Indicators
| ATYM.L | FRES.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.06% | -82.49% | -10.57% |
Max Drawdown (1Y)Largest decline over 1 year | -36.50% | -37.00% | +0.50% |
Max Drawdown (3Y)Largest decline over 3 years | -36.87% | -37.00% | +0.13% |
Max Drawdown (5Y)Largest decline over 5 years | -57.50% | -53.75% | -3.75% |
Max Drawdown (10Y)Largest decline over 10 years | -68.65% | -74.56% | +5.91% |
Current DrawdownCurrent decline from peak | -23.98% | -37.00% | +13.02% |
Average DrawdownAverage peak-to-trough decline | -62.66% | -42.85% | -19.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.05% | 15.78% | -0.73% |
Volatility
ATYM.L vs. FRES.L - Volatility Comparison
Atalaya Mining Ltd (ATYM.L) and Fresnillo plc (FRES.L) have volatilities of 16.09% and 16.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ATYM.L | FRES.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.09% | 16.50% | -0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 38.84% | 43.75% | -4.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.66% | 56.04% | -10.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.27% | 42.80% | -2.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.47% | 43.23% | -3.76% |
Dividends
ATYM.L vs. FRES.L - Dividend Comparison
ATYM.L's dividend yield for the trailing twelve months is around 0.75%, less than FRES.L's 3.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
ATYM.L Atalaya Mining Ltd | 0.75% | 0.71% | 1.71% | 1.91% | 0.91% | 7.14% | 0.00% | 0.00% | 0.00% | 0.00% |
FRES.L Fresnillo plc | 3.47% | 2.00% | 1.36% | 1.98% | 2.44% | 2.66% | 1.00% | 2.35% | 3.49% | 1.73% |
Financials
ATYM.L vs. FRES.L - Financials Comparison
This section allows you to compare key financial metrics between Atalaya Mining Ltd and Fresnillo plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ATYM.L vs. FRES.L - Profitability Comparison
ATYM.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Atalaya Mining Ltd reported a gross profit of 43.43M and revenue of 120.87M. Therefore, the gross margin over that period was 35.9%.
FRES.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Fresnillo plc reported a gross profit of 1.50B and revenue of 2.59B. Therefore, the gross margin over that period was 57.7%.
ATYM.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Atalaya Mining Ltd reported an operating income of 37.65M and revenue of 120.87M, resulting in an operating margin of 31.2%.
FRES.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Fresnillo plc reported an operating income of 1.39B and revenue of 2.59B, resulting in an operating margin of 53.5%.
ATYM.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Atalaya Mining Ltd reported a net income of 28.39M and revenue of 120.87M, resulting in a net margin of 23.5%.
FRES.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Fresnillo plc reported a net income of 994.96M and revenue of 2.59B, resulting in a net margin of 38.4%.
Frequently Asked Questions
ATYM.L and FRES.L have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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