LAC vs. PPTA
LAC (Lithium Americas Corp.) and PPTA (Perpetua Resources Corp) are both stocks. Both are in the Basic Materials sector — LAC in Other Industrial Metals & Mining, PPTA in Other Precious Metals & Mining. Over the past year, LAC returned 69.96% vs 83.22% for PPTA. At a 0.35 correlation, their price movements are largely independent.
Performance
LAC vs. PPTA - Performance Comparison
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Returns By Period
In the year-to-date period, LAC achieves a -1.38% return, which is significantly higher than PPTA's -1.69% return.
LAC
- 1D
- -1.60%
- 1M
- -11.70%
- YTD
- -1.38%
- 6M
- -11.89%
- 1Y
- 69.96%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PPTA
- 1D
- -2.14%
- 1M
- -6.00%
- YTD
- -1.69%
- 6M
- -14.08%
- 1Y
- 83.22%
- 3Y*
- 87.68%
- 5Y*
- 22.81%
- 10Y*
- —
LAC vs. PPTA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
LAC Lithium Americas Corp. | -1.38% | 46.80% | -53.59% | -27.19% |
PPTA Perpetua Resources Corp | -1.69% | 126.90% | 236.59% | -2.76% |
Correlation
The correlation between LAC and PPTA is 0.51, 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 | 0.51 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 2023 | 0.35 |
The correlation between LAC and PPTA shifts across timeframes, from 0.35 (all time) to 0.51 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
LAC:
$1.52B
PPTA:
$2.22B
LAC:
-$0.28
PPTA:
$1.22
LAC:
1.13
PPTA:
2.58
LAC:
$0.00
PPTA:
$0.00
LAC:
-$580.22K
PPTA:
$0.00
LAC:
-$52.10M
PPTA:
$0.00
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Return for Risk
LAC vs. PPTA — Risk / Return Rank
LAC
PPTA
LAC vs. PPTA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lithium Americas Corp. (LAC) and Perpetua Resources Corp (PPTA). 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.
| LAC | PPTA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.61 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.22 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.11 | 1.96 | -0.85 |
| Martin ratioReturn relative to average drawdown | 1.66 | 5.01 | -3.35 |
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Drawdowns
LAC vs. PPTA - Drawdown Comparison
The maximum LAC drawdown since its inception was -81.83%, roughly equal to the maximum PPTA drawdown of -81.78%. Use the drawdown chart below to compare losses from any high point for LAC and PPTA.
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Drawdown Indicators
| LAC | PPTA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.83% | -81.78% | -0.05% |
Max Drawdown (1Y)Largest decline over 1 year | -63.08% | -42.61% | -20.47% |
Max Drawdown (3Y)Largest decline over 3 years | — | -42.61% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -80.53% | — |
Current DrawdownCurrent decline from peak | -63.31% | -36.06% | -27.25% |
Average DrawdownAverage peak-to-trough decline | -63.12% | -38.68% | -24.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.21% | 16.67% | +25.54% |
Volatility
LAC vs. PPTA - Volatility Comparison
Lithium Americas Corp. (LAC) and Perpetua Resources Corp (PPTA) have volatilities of 21.40% and 21.31%, 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
| LAC | PPTA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.40% | 21.31% | +0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 52.93% | 55.26% | -2.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 132.28% | 73.32% | +58.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 101.20% | 72.07% | +29.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 101.20% | 72.19% | +29.01% |
Dividends
LAC vs. PPTA - Dividend Comparison
Neither LAC nor PPTA has paid dividends to shareholders.
Financials
LAC vs. PPTA - Financials Comparison
This section allows you to compare key financial metrics between Lithium Americas Corp. and Perpetua Resources Corp. 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
Frequently Asked Questions
LAC and PPTA have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LAC has higher volatility (21.40%) compared to PPTA (21.31%). In terms of maximum drawdown, LAC dropped -81.83% vs PPTA's -81.78%.
PPTA currently has the higher Sharpe Ratio (1.14 vs 0.53), 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.
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