FRES.L vs. ATYM.L
FRES.L (Fresnillo plc) and ATYM.L (Atalaya Mining Ltd) are both stocks. Both are in the Basic Materials sector — FRES.L in Other Precious Metals & Mining, ATYM.L in Copper. Over the past 10 years, FRES.L returned 7.10%/yr vs 24.45%/yr for ATYM.L. At a 0.18 correlation, their price movements are largely independent.
Performance
FRES.L vs. ATYM.L - Performance Comparison
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Returns By Period
In the year-to-date period, FRES.L achieves a -15.96% return, which is significantly lower than ATYM.L's -4.50% return. Over the past 10 years, FRES.L has underperformed ATYM.L with an annualized return of 7.10%, while ATYM.L has yielded a comparatively higher 24.45% annualized return.
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
- 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 vs. ATYM.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRES.L Fresnillo plc | -15.96% | 468.21% | 6.13% | -32.98% | 3.90% | -18.79% | 78.92% | -24.01% | -38.26% | 18.98% |
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% |
Correlation
The correlation between FRES.L and ATYM.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, FRES.L and ATYM.L have become more correlated (0.60) than their long-term average of 0.18, meaning their price movements have been converging.
Fundamentals
FRES.L:
£20.20B
ATYM.L:
£1.27B
FRES.L:
$2.08
ATYM.L:
€0.55
FRES.L:
17.49
ATYM.L:
17.13
FRES.L:
0.09
ATYM.L:
0.82
FRES.L:
3.33
ATYM.L:
3.02
FRES.L:
5.77
ATYM.L:
1.93
FRES.L:
$8.03B
ATYM.L:
€473.55M
FRES.L:
$3.75B
ATYM.L:
€148.66M
FRES.L:
$3.90B
ATYM.L:
€170.88M
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Return for Risk
FRES.L vs. ATYM.L — Risk / Return Rank
FRES.L
ATYM.L
FRES.L vs. ATYM.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fresnillo plc (FRES.L) and Atalaya Mining Ltd (ATYM.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.
| FRES.L | ATYM.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 | 1.28 | 1.30 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.59 | 2.24 | +0.35 |
| Martin ratioReturn relative to average drawdown | 6.08 | 5.43 | +0.65 |
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Drawdowns
FRES.L vs. ATYM.L - Drawdown Comparison
The maximum FRES.L drawdown since its inception was -82.49%, smaller than the maximum ATYM.L drawdown of -93.06%. Use the drawdown chart below to compare losses from any high point for FRES.L and ATYM.L.
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Drawdown Indicators
| FRES.L | ATYM.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.49% | -93.06% | +10.57% |
Max Drawdown (1Y)Largest decline over 1 year | -37.00% | -36.50% | -0.50% |
Max Drawdown (3Y)Largest decline over 3 years | -37.00% | -36.87% | -0.13% |
Max Drawdown (5Y)Largest decline over 5 years | -53.75% | -57.50% | +3.75% |
Max Drawdown (10Y)Largest decline over 10 years | -74.56% | -68.65% | -5.91% |
Current DrawdownCurrent decline from peak | -37.00% | -23.98% | -13.02% |
Average DrawdownAverage peak-to-trough decline | -42.85% | -62.66% | +19.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.78% | 15.05% | +0.73% |
Volatility
FRES.L vs. ATYM.L - Volatility Comparison
Fresnillo plc (FRES.L) and Atalaya Mining Ltd (ATYM.L) have volatilities of 16.50% and 16.09%, 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
| FRES.L | ATYM.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.50% | 16.09% | +0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 43.75% | 38.84% | +4.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.04% | 45.66% | +10.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.80% | 40.27% | +2.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.23% | 39.47% | +3.76% |
Dividends
FRES.L vs. ATYM.L - Dividend Comparison
FRES.L's dividend yield for the trailing twelve months is around 3.47%, more than ATYM.L's 0.75% 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
FRES.L vs. ATYM.L - Financials Comparison
This section allows you to compare key financial metrics between Fresnillo plc and Atalaya Mining Ltd. 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
FRES.L vs. ATYM.L - Profitability Comparison
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 - 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 - 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 - 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 - 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%.
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%.
Frequently Asked Questions
FRES.L and ATYM.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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