ITRG vs. ASM

Last updated Jun 4, 2026

ITRG (Integra Resources Corp) and ASM (Avino Silver & Gold Mines Ltd.) are both stocks. Both operate in the Other Precious Metals & Mining industry within the Basic Materials sector. Over the past 5 years, ITRG returned -21.18%/yr vs 39.52%/yr for ASM. At a 0.45 correlation, their price movements are largely independent.

Performance

ITRG vs. ASM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Integra Resources Corp (ITRG) and Avino Silver & Gold Mines Ltd. (ASM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ITRG achieves a -37.41% return, which is significantly lower than ASM's 9.82% return.

ITRG

• 1D: -3.09%
• 1M: -7.72%
• YTD: -37.41%
• 6M: -31.04%
• 1Y: 46.78%
• 3Y*: 31.26%
• 5Y*: -21.18%
• 10Y*: —

ASM

• 1D: -8.09%
• 1M: 7.57%
• YTD: 9.82%
• 6M: 22.00%
• 1Y: 97.68%
• 3Y*: 111.58%
• 5Y*: 39.52%
• 10Y*: 16.51%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ITRG vs. ASM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ITRG Integra Resources Corp	-37.41%	360.97%	-17.93%	-33.03%	-70.55%	-45.15%	1.29%
ASM Avino Silver & Gold Mines Ltd.	9.82%	604.88%	68.13%	-22.95%	-21.01%	-33.77%	52.94%

Correlation

The correlation between ITRG and ASM 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	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (All Time) Calculated using the full available price history since Jul 10, 2020	0.45

The correlation between ITRG and ASM shifts across timeframes, from 0.45 (all time) to 0.60 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ITRG : $513.49M ASM : $1.18B
EPS ITRG : $0.05 ASM : $0.23
PE Ratio ITRG : 50.32 ASM : 30.02
PS Ratio ITRG : 1.86 ASM : 10.00
PB Ratio ITRG : 1.99 ASM : 4.29
Total Revenue (TTM) ITRG : $247.79M ASM : $110.70M
Gross Profit (TTM) ITRG : $85.71M ASM : $59.09M
EBITDA (TTM) ITRG : $71.00M ASM : $55.20M

Return for Risk

ITRG vs. ASM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ITRG

ITRG Risk / Return Rank: 62
ITRG Sharpe Ratio Rank: 65
ITRG Sortino Ratio Rank: 62
ITRG Omega Ratio Rank: 60
ITRG Calmar Ratio Rank: 62
ITRG Martin Ratio Rank: 61

ASM

ASM Risk / Return Rank: 73
ASM Sharpe Ratio Rank: 76
ASM Sortino Ratio Rank: 72
ASM Omega Ratio Rank: 71
ASM Calmar Ratio Rank: 73
ASM Martin Ratio Rank: 72

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ITRG vs. ASM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Integra Resources Corp (ITRG) and Avino Silver & Gold Mines Ltd. (ASM). 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.

	ITRG	ASM	Difference
Sharpe ratio Return per unit of total volatility	0.72	1.23	-0.51
Sortino ratio Return per unit of downside risk	1.34	1.90	-0.55
Omega ratio Gain probability vs. loss probability	1.16	1.23	-0.07
Calmar ratio Return relative to maximum drawdown	0.98	1.87	-0.89
Martin ratio Return relative to average drawdown	2.11	4.20	-2.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ITRG vs. ASM - Sharpe Ratio Comparison

The current ITRG Sharpe Ratio is 0.72, which is lower than the ASM Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of ITRG and ASM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ITRG	ASM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.72	1.23	-0.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.34	0.61	-0.95
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.24	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.34	0.09	-0.43

Drawdowns

ITRG vs. ASM - Drawdown Comparison

The maximum ITRG drawdown since its inception was -93.85%, roughly equal to the maximum ASM drawdown of -94.10%. Use the drawdown chart below to compare losses from any high point for ITRG and ASM.

Drawdown Indicators

	ITRG	ASM	Difference
Max Drawdown Largest peak-to-trough decline	-93.85%	-94.10%	+0.25%
Max Drawdown (1Y) Largest decline over 1 year	-47.84%	-52.40%	+4.56%
Max Drawdown (3Y) Largest decline over 3 years	-47.84%	-52.40%	+4.56%
Max Drawdown (5Y) Largest decline over 5 years	-91.79%	-68.51%	-23.28%
Max Drawdown (10Y) Largest decline over 10 years	—	-90.91%	—
Current Drawdown Current decline from peak	-77.69%	-39.32%	-38.37%
Average Drawdown Average peak-to-trough decline	-70.55%	-63.79%	-6.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.21%	23.32%	-1.11%

Volatility

ITRG vs. ASM - Volatility Comparison

The current volatility for Integra Resources Corp (ITRG) is 17.28%, while Avino Silver & Gold Mines Ltd. (ASM) has a volatility of 22.92%. This indicates that ITRG experiences smaller price fluctuations and is considered to be less risky than ASM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ITRG	ASM	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.28%	22.92%	-5.64%
Volatility (6M) Calculated over the trailing 6-month period	46.00%	62.55%	-16.55%
Volatility (1Y) Calculated over the trailing 1-year period	64.92%	79.93%	-15.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.25%	65.51%	-3.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.45%	69.87%	-9.42%

Dividends

ITRG vs. ASM - Dividend Comparison

Neither ITRG nor ASM has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

ITRG vs. ASM - Profitability Comparison

The chart below illustrates the profitability comparison between Integra Resources Corp and Avino Silver & Gold Mines Ltd. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ITRG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Integra Resources Corp reported a gross profit of 18.82M and revenue of 60.87M. Therefore, the gross margin over that period was 30.9%.

ASM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Avino Silver & Gold Mines Ltd. reported a gross profit of 25.51M and revenue of 41.41M. Therefore, the gross margin over that period was 61.6%.

ITRG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Integra Resources Corp reported an operating income of 15.54M and revenue of 60.87M, resulting in an operating margin of 25.5%.

ASM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Avino Silver & Gold Mines Ltd. reported an operating income of 21.76M and revenue of 41.41M, resulting in an operating margin of 52.5%.

ITRG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Integra Resources Corp reported a net income of 12.38M and revenue of 60.87M, resulting in a net margin of 20.3%.

ASM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Avino Silver & Gold Mines Ltd. reported a net income of 15.69M and revenue of 41.41M, resulting in a net margin of 37.9%.

Frequently Asked Questions

Can I hold both ITRG and ASM in my portfolio?

ITRG and ASM 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.

Which is riskier, ITRG or ASM?

ASM has higher volatility (22.92%) compared to ITRG (17.28%). In terms of maximum drawdown, ITRG dropped -93.85% vs ASM's -94.10%.

Which has better risk-adjusted returns?

ASM currently has the higher Sharpe Ratio (1.23 vs 0.72), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.