GGP.L vs. HL
GGP.L (Greatland Gold plc) and HL (Hecla Mining Company) are both stocks. Both are in the Basic Materials sector — GGP.L in Gold, HL in Other Precious Metals & Mining. Over the past 10 years, GGP.L returned 59.55%/yr vs 11.48%/yr for HL. At a 0.06 correlation, their price movements are largely independent.
Performance
GGP.L vs. HL - Performance Comparison
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Different Trading Currencies
GGP.L is traded in GBp, while HL is traded in USD. To make them comparable, the HL values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, GGP.L achieves a 16.92% return, which is significantly higher than HL's -18.15% return. Over the past 10 years, GGP.L has outperformed HL with an annualized return of 59.55%, while HL has yielded a comparatively lower 11.48% annualized return.
GGP.L
- 1D
- -3.71%
- 1M
- -16.85%
- YTD
- 16.92%
- 6M
- 16.74%
- 1Y
- 84.70%
- 3Y*
- 61.76%
- 5Y*
- 11.99%
- 10Y*
- 59.55%
HL
- 1D
- 0.31%
- 1M
- -11.76%
- YTD
- -18.15%
- 6M
- -19.44%
- 1Y
- 167.40%
- 3Y*
- 42.77%
- 5Y*
- 17.25%
- 10Y*
- 11.48%
GGP.L vs. HL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GGP.L Greatland Gold plc | 16.92% | 309.83% | -35.50% | 23.25% | -50.00% | -56.64% | 1,950.00% | -0.55% | -3.21% | 1,000.00% |
HL Hecla Mining Company | -18.15% | 263.79% | 4.62% | -17.28% | 19.71% | -18.21% | 86.20% | 38.93% | -36.83% | -30.65% |
Correlation
The correlation between GGP.L and HL is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Aug 1, 2007 | 0.06 |
Over the past year, GGP.L and HL have become more correlated (0.34) than their long-term average of 0.06, meaning their price movements have been converging.
Fundamentals
GGP.L:
£4.17B
HL:
$10.42B
GGP.L:
£0.47
HL:
$0.83
GGP.L:
13.03
HL:
18.58
GGP.L:
4.45
HL:
6.61
GGP.L:
4.95
HL:
4.05
GGP.L:
£937.29M
HL:
$1.57B
GGP.L:
£483.25M
HL:
$788.95M
GGP.L:
£477.73M
HL:
$864.40M
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Return for Risk
GGP.L vs. HL — Risk / Return Rank
GGP.L
HL
GGP.L vs. HL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Greatland Gold plc (GGP.L) and Hecla Mining Company (HL). 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.
| GGP.L | HL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.34 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.63 | 3.07 | -0.44 |
| Martin ratioReturn relative to average drawdown | 6.65 | 6.41 | +0.24 |
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Drawdowns
GGP.L vs. HL - Drawdown Comparison
The maximum GGP.L drawdown since its inception was -98.49%, which is greater than HL's maximum drawdown of -89.37%. Use the drawdown chart below to compare losses from any high point for GGP.L and HL.
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Drawdown Indicators
| GGP.L | HL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.49% | -89.37% | -9.12% |
Max Drawdown (1Y)Largest decline over 1 year | -32.07% | -54.92% | +22.85% |
Max Drawdown (3Y)Largest decline over 3 years | -55.65% | -54.92% | -0.73% |
Max Drawdown (5Y)Largest decline over 5 years | -76.50% | -54.92% | -21.58% |
Max Drawdown (10Y)Largest decline over 10 years | -86.35% | -82.80% | -3.55% |
Current DrawdownCurrent decline from peak | -23.29% | -50.00% | +26.71% |
Average DrawdownAverage peak-to-trough decline | -65.59% | -49.88% | -15.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.70% | 26.22% | -13.52% |
Volatility
GGP.L vs. HL - Volatility Comparison
Greatland Gold plc (GGP.L) and Hecla Mining Company (HL) have volatilities of 20.24% and 20.44%, 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
| GGP.L | HL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.24% | 20.44% | -0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 44.51% | 52.93% | -8.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.07% | 71.69% | -7.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.16% | 56.59% | +8.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 90.86% | 61.06% | +29.80% |
Dividends
GGP.L vs. HL - Dividend Comparison
GGP.L has not paid dividends to shareholders, while HL's dividend yield for the trailing twelve months is around 0.10%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GGP.L Greatland Gold plc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HL Hecla Mining Company | 0.10% | 0.08% | 0.81% | 0.65% | 0.40% | 0.72% | 0.25% | 0.29% | 0.42% | 0.25% | 0.19% | 0.53% |
Financials
GGP.L vs. HL - Financials Comparison
This section allows you to compare key financial metrics between Greatland Gold plc and Hecla Mining Company. 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
GGP.L vs. HL - Profitability Comparison
GGP.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Greatland Gold plc reported a gross profit of 245.52M and revenue of 478.24M. Therefore, the gross margin over that period was 51.3%.
HL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Hecla Mining Company reported a gross profit of 253.26M and revenue of 411.43M. Therefore, the gross margin over that period was 61.6%.
GGP.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Greatland Gold plc reported an operating income of 236.40M and revenue of 478.24M, resulting in an operating margin of 49.4%.
HL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Hecla Mining Company reported an operating income of 223.11M and revenue of 411.43M, resulting in an operating margin of 54.2%.
GGP.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Greatland Gold plc reported a net income of 167.80M and revenue of 478.24M, resulting in a net margin of 35.1%.
HL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Hecla Mining Company reported a net income of 266.45M and revenue of 411.43M, resulting in a net margin of 64.8%.
Frequently Asked Questions
GGP.L and HL have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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