GGP.L vs. MTL.L
GGP.L (Greatland Gold plc) and MTL.L (Metals Exploration plc) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 5 years, GGP.L returned 12.27%/yr vs 45.09%/yr for MTL.L. At a 0.08 correlation, their price movements are largely independent.
Performance
GGP.L vs. MTL.L - Performance Comparison
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Returns By Period
In the year-to-date period, GGP.L achieves a 38.21% return, which is significantly higher than MTL.L's -11.18% return.
GGP.L
- 1D
- 0.07%
- 1M
- -0.07%
- YTD
- 38.21%
- 6M
- 75.73%
- 1Y
- 150.17%
- 3Y*
- 66.68%
- 5Y*
- 12.27%
- 10Y*
- 60.38%
MTL.L
- 1D
- -1.46%
- 1M
- 4.17%
- YTD
- -11.18%
- 6M
- 0.00%
- 1Y
- 54.82%
- 3Y*
- 107.55%
- 5Y*
- 45.09%
- 10Y*
- —
GGP.L vs. MTL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
GGP.L Greatland Gold plc | 38.21% | 309.83% | -35.50% | 23.25% | -50.00% | -56.64% | 52.16% |
MTL.L Metals Exploration plc | -11.18% | 184.11% | 105.77% | 112.24% | -15.52% | -12.12% | -10.81% |
Correlation
The correlation between GGP.L and MTL.L is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2020 | 0.08 |
The correlation between GGP.L and MTL.L shifts across timeframes, from 0.08 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
GGP.L:
£4.93B
MTL.L:
£396.98M
GGP.L:
£0.48
MTL.L:
£0.02
GGP.L:
15.07
MTL.L:
7.08
GGP.L:
5.15
MTL.L:
1.18
GGP.L:
5.85
MTL.L:
1.57
GGP.L:
£937.29M
MTL.L:
£350.30M
GGP.L:
£483.25M
MTL.L:
£127.59M
GGP.L:
£477.73M
MTL.L:
£185.80M
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Return for Risk
GGP.L vs. MTL.L — Risk / Return Rank
GGP.L
MTL.L
GGP.L vs. MTL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Greatland Gold plc (GGP.L) and Metals Exploration plc (MTL.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.
| GGP.L | MTL.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.32 | 0.93 | +1.39 |
Sortino ratioReturn per unit of downside risk | 2.62 | 1.61 | +1.00 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.19 | +0.16 |
Calmar ratioReturn relative to maximum drawdown | 4.26 | 1.63 | +2.63 |
Martin ratioReturn relative to average drawdown | 11.07 | 2.86 | +8.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GGP.L | MTL.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.32 | 0.93 | +1.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | 0.79 | -0.60 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.63 | -0.48 |
Drawdowns
GGP.L vs. MTL.L - Drawdown Comparison
The maximum GGP.L drawdown since its inception was -98.48%, which is greater than MTL.L's maximum drawdown of -73.39%. Use the drawdown chart below to compare losses from any high point for GGP.L and MTL.L.
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Drawdown Indicators
| GGP.L | MTL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.48% | -73.39% | -25.09% |
Max Drawdown (1Y)Largest decline over 1 year | -35.27% | -33.51% | -1.76% |
Max Drawdown (3Y)Largest decline over 3 years | -55.65% | -35.40% | -20.25% |
Max Drawdown (5Y)Largest decline over 5 years | -76.82% | -62.50% | -14.32% |
Max Drawdown (10Y)Largest decline over 10 years | -86.35% | — | — |
Current DrawdownCurrent decline from peak | -9.31% | -27.03% | +17.72% |
Average DrawdownAverage peak-to-trough decline | -65.14% | -33.62% | -31.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.56% | 19.14% | -5.58% |
Volatility
GGP.L vs. MTL.L - Volatility Comparison
The current volatility for Greatland Gold plc (GGP.L) is 13.36%, while Metals Exploration plc (MTL.L) has a volatility of 16.03%. This indicates that GGP.L experiences smaller price fluctuations and is considered to be less risky than MTL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GGP.L | MTL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.36% | 16.03% | -2.67% |
Volatility (6M)Calculated over the trailing 6-month period | 41.94% | 39.42% | +2.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.87% | 58.86% | +6.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.86% | 57.46% | +7.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 90.94% | 67.78% | +23.16% |
Dividends
GGP.L vs. MTL.L - Dividend Comparison
Neither GGP.L nor MTL.L has paid dividends to shareholders.
Financials
GGP.L vs. MTL.L - Financials Comparison
This section allows you to compare key financial metrics between Greatland Gold plc and Metals Exploration 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
GGP.L vs. MTL.L - Profitability Comparison
GGP.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
MTL.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Metals Exploration plc reported a gross profit of 37.56M and revenue of 89.89M. Therefore, the gross margin over that period was 41.8%.
GGP.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Greatland Gold plc reported an operating income of 236.40M and revenue of 478.24M, resulting in an operating margin of 49.4%.
MTL.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Metals Exploration plc reported an operating income of 32.61M and revenue of 89.89M, resulting in an operating margin of 36.3%.
GGP.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Greatland Gold plc reported a net income of 167.80M and revenue of 478.24M, resulting in a net margin of 35.1%.
MTL.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Metals Exploration plc reported a net income of 12.44M and revenue of 89.89M, resulting in a net margin of 13.8%.
Frequently Asked Questions
GGP.L and MTL.L have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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