LUG.TO vs. DPM.TO
LUG.TO (Lundin Gold Inc.) and DPM.TO (Dundee Precious Metals Inc.) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, LUG.TO returned 32.69%/yr vs 31.40%/yr for DPM.TO. At a 0.26 correlation, their price movements are largely independent.
Performance
LUG.TO vs. DPM.TO - Performance Comparison
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Returns By Period
In the year-to-date period, LUG.TO achieves a -26.40% return, which is significantly lower than DPM.TO's 5.36% return. Both investments have delivered pretty close results over the past 10 years, with LUG.TO having a 32.69% annualized return and DPM.TO not far behind at 31.40%.
LUG.TO
- 1D
- 1.08%
- 1M
- -4.54%
- YTD
- -26.40%
- 6M
- -24.67%
- 1Y
- 16.11%
- 3Y*
- 79.74%
- 5Y*
- 53.19%
- 10Y*
- 32.69%
DPM.TO
- 1D
- 1.13%
- 1M
- -0.29%
- YTD
- 5.36%
- 6M
- 10.66%
- 1Y
- 110.63%
- 3Y*
- 71.13%
- 5Y*
- 42.19%
- 10Y*
- 31.40%
LUG.TO vs. DPM.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LUG.TO Lundin Gold Inc. | -26.40% | 291.22% | 91.60% | 29.55% | 30.60% | -4.67% | 31.21% | 66.93% | 10.15% | -13.88% |
DPM.TO Dundee Precious Metals Inc. | 5.36% | 228.15% | 56.69% | 33.46% | -14.25% | -13.18% | 66.57% | 55.00% | 20.00% | 33.33% |
Correlation
The correlation between LUG.TO and DPM.TO is 0.67, 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 | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.26 |
Over the past year, LUG.TO and DPM.TO have become more correlated (0.67) than their long-term average of 0.26, meaning their price movements have been converging.
Fundamentals
LUG.TO:
CA$18.65B
DPM.TO:
CA$9.88B
LUG.TO:
$3.77
DPM.TO:
$2.55
LUG.TO:
14.57
DPM.TO:
12.50
LUG.TO:
0.19
DPM.TO:
0.13
LUG.TO:
6.66
DPM.TO:
5.89
LUG.TO:
9.79
DPM.TO:
2.61
LUG.TO:
$2.00B
DPM.TO:
$1.07B
LUG.TO:
$1.41B
DPM.TO:
$647.81M
LUG.TO:
$1.43B
DPM.TO:
$688.93M
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Return for Risk
LUG.TO vs. DPM.TO — Risk / Return Rank
LUG.TO
DPM.TO
LUG.TO vs. DPM.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lundin Gold Inc. (LUG.TO) and Dundee Precious Metals Inc. (DPM.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.
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.
| LUG.TO | DPM.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.22 | ||
| Sortino ratioReturn per unit of downside risk | -1.97 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.39 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.46 | 3.81 | -3.34 |
| Martin ratioReturn relative to average drawdown | 1.23 | 10.48 | -9.24 |
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Drawdowns
LUG.TO vs. DPM.TO - Drawdown Comparison
The maximum LUG.TO drawdown since its inception was -94.74%, roughly equal to the maximum DPM.TO drawdown of -93.18%. Use the drawdown chart below to compare losses from any high point for LUG.TO and DPM.TO.
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Drawdown Indicators
| LUG.TO | DPM.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.74% | -93.18% | -1.56% |
Max Drawdown (1Y)Largest decline over 1 year | -37.89% | -31.44% | -6.45% |
Max Drawdown (3Y)Largest decline over 3 years | -37.89% | -31.44% | -6.45% |
Max Drawdown (5Y)Largest decline over 5 years | -37.89% | -42.12% | +4.23% |
Max Drawdown (10Y)Largest decline over 10 years | -41.84% | -51.96% | +10.12% |
Current DrawdownCurrent decline from peak | -34.73% | -24.73% | -10.00% |
Average DrawdownAverage peak-to-trough decline | -67.67% | -47.19% | -20.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.24% | 11.41% | +2.83% |
Volatility
LUG.TO vs. DPM.TO - Volatility Comparison
The current volatility for Lundin Gold Inc. (LUG.TO) is 17.86%, while Dundee Precious Metals Inc. (DPM.TO) has a volatility of 19.20%. This indicates that LUG.TO experiences smaller price fluctuations and is considered to be less risky than DPM.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LUG.TO | DPM.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.86% | 19.20% | -1.34% |
Volatility (6M)Calculated over the trailing 6-month period | 42.07% | 39.82% | +2.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.97% | 47.25% | +8.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.54% | 38.86% | +7.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.40% | 47.33% | -3.93% |
Dividends
LUG.TO vs. DPM.TO - Dividend Comparison
LUG.TO's dividend yield for the trailing twelve months is around 6.79%, more than DPM.TO's 0.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
DPM.TO Dundee Precious Metals Inc. | 0.49% | 0.52% | 1.69% | 2.52% | 2.90% | 1.53% | 1.23% |
LUG.TO Lundin Gold Inc. | 6.79% | 3.35% | 2.69% | 3.26% | 1.97% | 0.00% | 0.00% |
Financials
LUG.TO vs. DPM.TO - Financials Comparison
This section allows you to compare key financial metrics between Lundin Gold Inc. and Dundee Precious Metals Inc.. 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
LUG.TO vs. DPM.TO - Profitability Comparison
LUG.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lundin Gold Inc. reported a gross profit of 420.70M and revenue of 567.38M. Therefore, the gross margin over that period was 74.2%.
DPM.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dundee Precious Metals Inc. reported a gross profit of 223.10M and revenue of 310.36M. Therefore, the gross margin over that period was 71.9%.
LUG.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lundin Gold Inc. reported an operating income of 391.03M and revenue of 567.38M, resulting in an operating margin of 68.9%.
DPM.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dundee Precious Metals Inc. reported an operating income of 183.99M and revenue of 310.36M, resulting in an operating margin of 59.3%.
LUG.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lundin Gold Inc. reported a net income of 273.33M and revenue of 567.38M, resulting in a net margin of 48.2%.
DPM.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dundee Precious Metals Inc. reported a net income of 165.91M and revenue of 310.36M, resulting in a net margin of 53.5%.
Frequently Asked Questions
LUG.TO and DPM.TO have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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