HL vs. GGP.L
HL (Hecla Mining Company) and GGP.L (Greatland Gold plc) are both stocks. Both are in the Basic Materials sector — HL in Other Precious Metals & Mining, GGP.L in Gold. Over the past 10 years, HL returned 11.45%/yr vs 59.55%/yr for GGP.L. At a 0.12 correlation, their price movements are largely independent.
Performance
HL vs. GGP.L - Performance Comparison
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Different Trading Currencies
HL is traded in USD, while GGP.L is traded in GBp. To make them comparable, the GGP.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, HL achieves a -19.56% return, which is significantly lower than GGP.L's 15.09% return. Over the past 10 years, HL has underperformed GGP.L with an annualized return of 11.45%, while GGP.L has yielded a comparatively higher 59.55% annualized return.
HL
- 1D
- 0.19%
- 1M
- -13.17%
- YTD
- -19.56%
- 6M
- -20.80%
- 1Y
- 157.90%
- 3Y*
- 44.78%
- 5Y*
- 16.35%
- 10Y*
- 11.45%
GGP.L
- 1D
- -3.79%
- 1M
- -18.10%
- YTD
- 15.09%
- 6M
- 14.82%
- 1Y
- 78.16%
- 3Y*
- 64.07%
- 5Y*
- 11.15%
- 10Y*
- 59.55%
HL vs. GGP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HL Hecla Mining Company | -19.56% | 291.70% | 2.82% | -12.93% | 6.99% | -18.97% | 91.83% | 44.43% | -40.37% | -24.08% |
GGP.L Greatland Gold plc | 15.09% | 340.75% | -36.57% | 29.75% | -55.34% | -57.03% | 2,012.80% | 3.44% | -8.69% | 1,104.70% |
Correlation
The correlation between HL and GGP.L is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Aug 1, 2007 | 0.12 |
Over the past year, HL and GGP.L have become more correlated (0.37) than their long-term average of 0.12, meaning their price movements have been converging.
Fundamentals
HL:
$10.42B
GGP.L:
£4.17B
HL:
$0.83
GGP.L:
£0.47
HL:
18.58
GGP.L:
13.03
HL:
6.61
GGP.L:
4.45
HL:
4.05
GGP.L:
4.95
HL:
$1.57B
GGP.L:
£937.29M
HL:
$788.95M
GGP.L:
£483.25M
HL:
$864.40M
GGP.L:
£477.73M
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Return for Risk
HL vs. GGP.L — Risk / Return Rank
HL
GGP.L
HL vs. GGP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hecla Mining Company (HL) and Greatland Gold plc (GGP.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.
| HL | GGP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.97 | ||
| Sortino ratioReturn per unit of downside risk | +0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.23 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | 2.43 | +0.41 |
| Martin ratioReturn relative to average drawdown | 5.91 | 5.83 | +0.08 |
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Drawdowns
HL vs. GGP.L - Drawdown Comparison
The maximum HL drawdown since its inception was -97.92%, roughly equal to the maximum GGP.L drawdown of -98.61%. Use the drawdown chart below to compare losses from any high point for HL and GGP.L.
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Drawdown Indicators
| HL | GGP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.92% | -98.61% | +0.69% |
Max Drawdown (1Y)Largest decline over 1 year | -55.81% | -31.98% | -23.83% |
Max Drawdown (3Y)Largest decline over 3 years | -55.81% | -54.95% | -0.86% |
Max Drawdown (5Y)Largest decline over 5 years | -55.81% | -77.84% | +22.03% |
Max Drawdown (10Y)Largest decline over 10 years | -82.45% | -87.05% | +4.60% |
Current DrawdownCurrent decline from peak | -51.47% | -25.05% | -26.42% |
Average DrawdownAverage peak-to-trough decline | -69.91% | -67.59% | -2.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.84% | 13.36% | +13.48% |
Volatility
HL vs. GGP.L - Volatility Comparison
Hecla Mining Company (HL) and Greatland Gold plc (GGP.L) have volatilities of 21.36% and 20.50%, 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
| HL | GGP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.36% | 20.50% | +0.86% |
Volatility (6M)Calculated over the trailing 6-month period | 54.58% | 45.46% | +9.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.45% | 65.33% | +8.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.39% | 66.63% | -7.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.83% | 91.82% | -28.99% |
Dividends
HL vs. GGP.L - Dividend Comparison
HL's dividend yield for the trailing twelve months is around 0.10%, while GGP.L has not paid dividends to shareholders.
| 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
HL vs. GGP.L - Financials Comparison
This section allows you to compare key financial metrics between Hecla Mining Company and Greatland Gold 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
HL vs. GGP.L - Profitability Comparison
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 - 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 - 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 - 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 - 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%.
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%.
Frequently Asked Questions
HL and GGP.L have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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