LUN.TO vs. DPM.TO
LUN.TO (Lundin Mining Corporation) and DPM.TO (Dundee Precious Metals Inc.) are both stocks. Both are in the Basic Materials sector — LUN.TO in Copper, DPM.TO in Gold. Over the past 10 years, LUN.TO returned 27.86%/yr vs 31.40%/yr for DPM.TO. At a 0.25 correlation, their price movements are largely independent.
Performance
LUN.TO vs. DPM.TO - Performance Comparison
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Returns By Period
In the year-to-date period, LUN.TO achieves a 28.54% return, which is significantly higher than DPM.TO's 5.36% return. Over the past 10 years, LUN.TO has underperformed DPM.TO with an annualized return of 27.86%, while DPM.TO has yielded a comparatively higher 31.40% annualized return.
LUN.TO
- 1D
- 2.69%
- 1M
- -9.84%
- YTD
- 28.54%
- 6M
- 39.35%
- 1Y
- 171.40%
- 3Y*
- 58.49%
- 5Y*
- 28.07%
- 10Y*
- 27.86%
DPM.TO
- 1D
- 1.13%
- 1M
- -7.00%
- YTD
- 5.36%
- 6M
- 10.66%
- 1Y
- 119.04%
- 3Y*
- 71.13%
- 5Y*
- 42.19%
- 10Y*
- 31.40%
LUN.TO vs. DPM.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LUN.TO Lundin Mining Corporation | 28.54% | 141.86% | 17.72% | 35.67% | -11.74% | -9.34% | 49.12% | 40.12% | -31.40% | 32.67% |
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 LUN.TO and DPM.TO is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.25 |
The correlation between LUN.TO and DPM.TO shifts across timeframes, from 0.24 (10 years) to 0.42 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
LUN.TO:
CA$32.59B
DPM.TO:
CA$9.88B
LUN.TO:
$1.69
DPM.TO:
$2.55
LUN.TO:
16.04
DPM.TO:
12.50
LUN.TO:
0.10
DPM.TO:
0.13
LUN.TO:
5.76
DPM.TO:
5.89
LUN.TO:
3.40
DPM.TO:
2.61
LUN.TO:
$4.04B
DPM.TO:
$1.07B
LUN.TO:
$1.55B
DPM.TO:
$647.81M
LUN.TO:
$1.92B
DPM.TO:
$688.93M
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Return for Risk
LUN.TO vs. DPM.TO — Risk / Return Rank
LUN.TO
DPM.TO
LUN.TO vs. DPM.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lundin Mining Corporation (LUN.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.
| LUN.TO | DPM.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.73 | ||
| Sortino ratioReturn per unit of downside risk | +0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.39 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 5.12 | 3.81 | +1.31 |
| Martin ratioReturn relative to average drawdown | 16.75 | 10.48 | +6.27 |
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Drawdowns
LUN.TO vs. DPM.TO - Drawdown Comparison
The maximum LUN.TO drawdown since its inception was -95.33%, roughly equal to the maximum DPM.TO drawdown of -93.18%. Use the drawdown chart below to compare losses from any high point for LUN.TO and DPM.TO.
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Drawdown Indicators
| LUN.TO | DPM.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.33% | -93.18% | -2.15% |
Max Drawdown (1Y)Largest decline over 1 year | -33.67% | -31.44% | -2.23% |
Max Drawdown (3Y)Largest decline over 3 years | -47.11% | -31.44% | -15.67% |
Max Drawdown (5Y)Largest decline over 5 years | -53.91% | -42.12% | -11.79% |
Max Drawdown (10Y)Largest decline over 10 years | -57.61% | -51.96% | -5.65% |
Current DrawdownCurrent decline from peak | -14.62% | -24.73% | +10.11% |
Average DrawdownAverage peak-to-trough decline | -48.73% | -47.19% | -1.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.28% | 11.41% | -1.13% |
Volatility
LUN.TO vs. DPM.TO - Volatility Comparison
Lundin Mining Corporation (LUN.TO) and Dundee Precious Metals Inc. (DPM.TO) have volatilities of 19.93% and 19.20%, 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
| LUN.TO | DPM.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.93% | 19.20% | +0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 44.51% | 39.82% | +4.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.84% | 47.25% | +5.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.24% | 38.86% | +7.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.96% | 47.33% | -1.37% |
Dividends
LUN.TO vs. DPM.TO - Dividend Comparison
LUN.TO's dividend yield for the trailing twelve months is around 0.29%, less than DPM.TO's 0.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DPM.TO Dundee Precious Metals Inc. | 0.49% | 0.52% | 1.69% | 2.52% | 2.90% | 1.53% | 1.23% | 0.00% | 0.00% | 0.00% |
LUN.TO Lundin Mining Corporation | 0.29% | 0.68% | 3.64% | 3.32% | 5.66% | 3.95% | 1.42% | 1.55% | 2.13% | 1.44% |
Financials
LUN.TO vs. DPM.TO - Financials Comparison
This section allows you to compare key financial metrics between Lundin Mining Corporation 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
LUN.TO vs. DPM.TO - Profitability Comparison
LUN.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lundin Mining Corporation reported a gross profit of 537.50M and revenue of 1.16B. Therefore, the gross margin over that period was 46.4%.
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%.
LUN.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lundin Mining Corporation reported an operating income of 503.80M and revenue of 1.16B, resulting in an operating margin of 43.5%.
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%.
LUN.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lundin Mining Corporation reported a net income of 281.40M and revenue of 1.16B, resulting in a net margin of 24.3%.
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
LUN.TO and DPM.TO have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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