LUG.TO vs. LMN.V
LUG.TO (Lundin Gold Inc.) and LMN.V (Lumine Group Inc) are both stocks. LUG.TO operates in Gold (Basic Materials), while LMN.V operates in Software - Application (Technology). Over the past 3 years, LUG.TO returned 78.91%/yr vs 5.50%/yr for LMN.V. At a correlation of -0.05, they often move in opposite directions.
Performance
LUG.TO vs. LMN.V - Performance Comparison
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Returns By Period
In the year-to-date period, LUG.TO achieves a -26.55% return, which is significantly lower than LMN.V's -16.54% return.
LUG.TO
- 1D
- 0.42%
- 1M
- -13.90%
- YTD
- -26.55%
- 6M
- -23.60%
- 1Y
- 20.17%
- 3Y*
- 78.91%
- 5Y*
- 53.88%
- 10Y*
- 32.96%
LMN.V
- 1D
- -3.21%
- 1M
- 11.96%
- YTD
- -16.54%
- 6M
- -20.50%
- 1Y
- -50.93%
- 3Y*
- 5.50%
- 5Y*
- —
- 10Y*
- —
LUG.TO vs. LMN.V - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
LUG.TO Lundin Gold Inc. | -26.55% | 291.22% | 91.60% | 11.76% |
LMN.V Lumine Group Inc | -16.54% | -34.03% | 37.59% | 84.00% |
Correlation
The correlation between LUG.TO and LMN.V is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.05 |
Correlation (All Time) Calculated using the full available price history since Mar 24, 2023 | -0.05 |
Fundamentals
LUG.TO:
CA$19.02B
LMN.V:
CA$5.81B
LUG.TO:
CA$3.77
LMN.V:
CA$0.48
LUG.TO:
20.77
LMN.V:
47.57
LUG.TO:
0.28
LMN.V:
10.35
LUG.TO:
9.50
LMN.V:
7.03
LUG.TO:
13.96
LMN.V:
7.00
LUG.TO:
CA$2.00B
LMN.V:
CA$792.89M
LUG.TO:
CA$1.41B
LMN.V:
CA$271.95M
LUG.TO:
CA$1.43B
LMN.V:
CA$253.96M
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Return for Risk
LUG.TO vs. LMN.V — Risk / Return Rank
LUG.TO
LMN.V
LUG.TO vs. LMN.V - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lundin Gold Inc. (LUG.TO) and Lumine Group Inc (LMN.V). 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.
| LUG.TO | LMN.V | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.32 | ||
| Sortino ratioReturn per unit of downside risk | +2.49 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.82 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 0.58 | -0.77 | +1.34 |
| Martin ratioReturn relative to average drawdown | 1.50 | -1.13 | +2.63 |
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
| LUG.TO | LMN.V | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.36 | -0.96 | +1.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.17 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.22 | -0.10 |
Drawdowns
LUG.TO vs. LMN.V - Drawdown Comparison
The maximum LUG.TO drawdown since its inception was -94.74%, which is greater than LMN.V's maximum drawdown of -66.64%. Use the drawdown chart below to compare losses from any high point for LUG.TO and LMN.V.
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Drawdown Indicators
| LUG.TO | LMN.V | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.74% | -66.64% | -28.10% |
Max Drawdown (1Y)Largest decline over 1 year | -35.14% | -66.64% | +31.50% |
Max Drawdown (3Y)Largest decline over 3 years | -35.14% | -66.64% | +31.50% |
Max Drawdown (5Y)Largest decline over 5 years | -38.94% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -41.84% | — | — |
Current DrawdownCurrent decline from peak | -34.86% | -58.26% | +23.40% |
Average DrawdownAverage peak-to-trough decline | -67.65% | -17.68% | -49.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.50% | 45.06% | -31.56% |
Volatility
LUG.TO vs. LMN.V - Volatility Comparison
Lundin Gold Inc. (LUG.TO) has a higher volatility of 17.75% compared to Lumine Group Inc (LMN.V) at 14.32%. This indicates that LUG.TO's price experiences larger fluctuations and is considered to be riskier than LMN.V 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 | LMN.V | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.75% | 14.32% | +3.43% |
Volatility (6M)Calculated over the trailing 6-month period | 41.85% | 38.82% | +3.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.10% | 53.25% | +2.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.53% | 45.05% | +1.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.39% | 45.05% | -1.66% |
Dividends
LUG.TO vs. LMN.V - Dividend Comparison
LUG.TO's dividend yield for the trailing twelve months is around 5.30%, while LMN.V has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
LMN.V Lumine Group Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LUG.TO Lundin Gold Inc. | 5.30% | 3.35% | 2.69% | 3.26% | 1.97% |
Financials
LUG.TO vs. LMN.V - Financials Comparison
This section allows you to compare key financial metrics between Lundin Gold Inc. and Lumine Group 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. LMN.V - 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%.
LMN.V - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lumine Group Inc reported a gross profit of 43.76M and revenue of 204.93M. Therefore, the gross margin over that period was 21.4%.
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%.
LMN.V - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lumine Group Inc reported an operating income of 28.74M and revenue of 204.93M, resulting in an operating margin of 14.0%.
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%.
LMN.V - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lumine Group Inc reported a net income of 18.70M and revenue of 204.93M, resulting in a net margin of 9.1%.
Frequently Asked Questions
LUG.TO and LMN.V have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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