HBM.TO vs. LUN.TO
Compare and contrast key facts about Hudbay Minerals Inc. (HBM.TO) and Lundin Mining Corporation (LUN.TO).
Performance
HBM.TO vs. LUN.TO - Performance Comparison
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HBM.TO vs. LUN.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HBM.TO Hudbay Minerals Inc. | 12.15% | 134.08% | 60.29% | 6.88% | -25.13% | 3.05% | 66.44% | -16.44% | -41.80% | 45.20% |
LUN.TO Lundin Mining Corporation | 19.23% | 141.31% | 17.72% | 35.67% | -11.74% | -9.34% | 49.12% | 40.12% | -31.40% | 32.67% |
Fundamentals
HBM.TO:
CA$12.22B
LUN.TO:
CA$30.08B
HBM.TO:
CA$1.43
LUN.TO:
CA$1.51
HBM.TO:
21.29
LUN.TO:
23.32
HBM.TO:
0.15
LUN.TO:
0.14
HBM.TO:
5.48
LUN.TO:
7.85
HBM.TO:
3.79
LUN.TO:
4.55
HBM.TO:
CA$2.22B
LUN.TO:
CA$3.84B
HBM.TO:
CA$639.91M
LUN.TO:
CA$1.46B
HBM.TO:
CA$1.41B
LUN.TO:
CA$1.72B
Returns By Period
In the year-to-date period, HBM.TO achieves a 12.15% return, which is significantly lower than LUN.TO's 19.23% return. Over the past 10 years, HBM.TO has underperformed LUN.TO with an annualized return of 20.96%, while LUN.TO has yielded a comparatively higher 27.03% annualized return.
HBM.TO
- 1D
- 4.87%
- 1M
- -16.41%
- YTD
- 12.15%
- 6M
- 42.60%
- 1Y
- 177.73%
- 3Y*
- 63.03%
- 5Y*
- 27.66%
- 10Y*
- 20.96%
LUN.TO
- 1D
- 1.30%
- 1M
- -15.84%
- YTD
- 19.23%
- 6M
- 70.18%
- 1Y
- 199.25%
- 3Y*
- 60.22%
- 5Y*
- 25.36%
- 10Y*
- 27.03%
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Return for Risk
HBM.TO vs. LUN.TO — Risk / Return Rank
HBM.TO
LUN.TO
HBM.TO vs. LUN.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hudbay Minerals Inc. (HBM.TO) and Lundin Mining Corporation (LUN.TO). 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.
| HBM.TO | LUN.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.28 | 3.73 | -0.45 |
Sortino ratioReturn per unit of downside risk | 3.37 | 3.65 | -0.28 |
Omega ratioGain probability vs. loss probability | 1.46 | 1.51 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 5.02 | 6.03 | -1.02 |
Martin ratioReturn relative to average drawdown | 18.24 | 23.86 | -5.62 |
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
| HBM.TO | LUN.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.28 | 3.73 | -0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.56 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.59 | -0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | 0.00 | 0.00 |
Correlation
The correlation between HBM.TO and LUN.TO is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
HBM.TO vs. LUN.TO - Dividend Comparison
HBM.TO's dividend yield for the trailing twelve months is around 0.07%, less than LUN.TO's 0.32% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HBM.TO Hudbay Minerals Inc. | 0.07% | 0.07% | 0.17% | 0.27% | 0.29% | 0.22% | 0.22% | 0.37% | 0.31% | 0.18% | 0.26% | 0.38% |
LUN.TO Lundin Mining Corporation | 0.32% | 0.59% | 3.64% | 3.32% | 5.66% | 3.95% | 1.42% | 1.55% | 2.13% | 1.44% | 0.00% | 0.00% |
Drawdowns
HBM.TO vs. LUN.TO - Drawdown Comparison
The maximum HBM.TO drawdown since its inception was -92.86%, roughly equal to the maximum LUN.TO drawdown of -95.33%. Use the drawdown chart below to compare losses from any high point for HBM.TO and LUN.TO.
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Drawdown Indicators
| HBM.TO | LUN.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.86% | -95.33% | +2.47% |
Max Drawdown (1Y)Largest decline over 1 year | -35.94% | -33.67% | -2.27% |
Max Drawdown (5Y)Largest decline over 5 years | -62.48% | -57.61% | -4.87% |
Max Drawdown (10Y)Largest decline over 10 years | -84.01% | -57.61% | -26.40% |
Current DrawdownCurrent decline from peak | -20.93% | -20.80% | -0.13% |
Average DrawdownAverage peak-to-trough decline | -62.57% | -48.47% | -14.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.88% | 8.51% | +1.37% |
Volatility
HBM.TO vs. LUN.TO - Volatility Comparison
Hudbay Minerals Inc. (HBM.TO) and Lundin Mining Corporation (LUN.TO) have volatilities of 20.87% and 21.11%, 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
| HBM.TO | LUN.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.87% | 21.11% | -0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 40.63% | 40.84% | -0.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.53% | 53.74% | +0.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.68% | 45.39% | +6.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.00% | 45.83% | +10.17% |
Financials
HBM.TO vs. LUN.TO - Financials Comparison
This section allows you to compare key financial metrics between Hudbay Minerals Inc. and Lundin Mining Corporation. 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
HBM.TO vs. LUN.TO - Profitability Comparison
HBM.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Hudbay Minerals Inc. reported a gross profit of 166.81M and revenue of 737.06M. Therefore, the gross margin over that period was 22.6%.
LUN.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Lundin Mining Corporation reported a gross profit of 291.61M and revenue of 989.48M. Therefore, the gross margin over that period was 29.5%.
HBM.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Hudbay Minerals Inc. reported an operating income of 242.47M and revenue of 737.06M, resulting in an operating margin of 32.9%.
LUN.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Lundin Mining Corporation reported an operating income of 278.62M and revenue of 989.48M, resulting in an operating margin of 28.2%.
HBM.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Hudbay Minerals Inc. reported a net income of 129.97M and revenue of 737.06M, resulting in a net margin of 17.6%.
LUN.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Lundin Mining Corporation reported a net income of 779.09M and revenue of 989.48M, resulting in a net margin of 78.7%.