LUN.TO vs. IMO
LUN.TO (Lundin Mining Corporation) and IMO (Imperial Oil Limited) are both stocks. LUN.TO operates in Copper (Basic Materials), while IMO operates in Oil & Gas Integrated (Energy). Over the past 10 years, LUN.TO returned 27.86%/yr vs 18.63%/yr for IMO. At a 0.34 correlation, their price movements are largely independent.
Performance
LUN.TO vs. IMO - Performance Comparison
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Different Trading Currencies
LUN.TO is traded in CAD, while IMO is traded in USD. To make them comparable, the IMO values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, LUN.TO achieves a 28.54% return, which is significantly lower than IMO's 45.02% return. Over the past 10 years, LUN.TO has outperformed IMO with an annualized return of 27.86%, while IMO has yielded a comparatively lower 18.63% 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%
IMO
- 1D
- 0.55%
- 1M
- -5.47%
- YTD
- 45.02%
- 6M
- 35.39%
- 1Y
- 60.64%
- 3Y*
- 39.83%
- 5Y*
- 36.26%
- 10Y*
- 18.63%
LUN.TO vs. IMO - 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% |
IMO Imperial Oil Limited | 45.02% | 37.28% | 19.82% | 18.01% | 46.75% | 95.19% | -27.14% | 2.74% | -10.24% | -14.56% |
Correlation
The correlation between LUN.TO and IMO is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.34 |
The correlation between LUN.TO and IMO shifts across timeframes, from 0.21 (1 year) to 0.34 (all time), reflecting how their relationship changes across market environments.
Fundamentals
LUN.TO:
CA$32.59B
IMO:
$58.80B
LUN.TO:
$1.69
IMO:
$5.87
LUN.TO:
16.04
IMO:
20.67
LUN.TO:
0.10
IMO:
0.45
LUN.TO:
5.76
IMO:
1.30
LUN.TO:
3.40
IMO:
2.58
LUN.TO:
$4.04B
IMO:
$46.55B
LUN.TO:
$1.55B
IMO:
$7.69B
LUN.TO:
$1.92B
IMO:
$6.36B
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Return for Risk
LUN.TO vs. IMO — Risk / Return Rank
LUN.TO
IMO
LUN.TO vs. IMO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lundin Mining Corporation (LUN.TO) and Imperial Oil Limited (IMO). 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 | IMO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.34 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 5.12 | 3.37 | +1.75 |
| Martin ratioReturn relative to average drawdown | 16.75 | 10.28 | +6.47 |
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Drawdowns
LUN.TO vs. IMO - Drawdown Comparison
The maximum LUN.TO drawdown since its inception was -95.33%, which is greater than IMO's maximum drawdown of -78.43%. Use the drawdown chart below to compare losses from any high point for LUN.TO and IMO.
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Drawdown Indicators
| LUN.TO | IMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.33% | -78.43% | -16.90% |
Max Drawdown (1Y)Largest decline over 1 year | -33.67% | -18.09% | -15.58% |
Max Drawdown (3Y)Largest decline over 3 years | -47.11% | -20.42% | -26.69% |
Max Drawdown (5Y)Largest decline over 5 years | -53.91% | -27.07% | -26.84% |
Max Drawdown (10Y)Largest decline over 10 years | -57.61% | -75.04% | +17.43% |
Current DrawdownCurrent decline from peak | -14.62% | -10.44% | -4.18% |
Average DrawdownAverage peak-to-trough decline | -48.73% | -19.29% | -29.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.28% | 5.92% | +4.36% |
Volatility
LUN.TO vs. IMO - Volatility Comparison
Lundin Mining Corporation (LUN.TO) has a higher volatility of 19.93% compared to Imperial Oil Limited (IMO) at 10.30%. This indicates that LUN.TO's price experiences larger fluctuations and is considered to be riskier than IMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LUN.TO | IMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.93% | 10.30% | +9.63% |
Volatility (6M)Calculated over the trailing 6-month period | 44.51% | 22.88% | +21.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.84% | 27.75% | +25.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.24% | 33.34% | +12.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.96% | 36.08% | +9.88% |
Dividends
LUN.TO vs. IMO - Dividend Comparison
LUN.TO's dividend yield for the trailing twelve months is around 0.29%, less than IMO's 1.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IMO Imperial Oil Limited | 1.90% | 2.40% | 2.84% | 2.73% | 2.30% | 2.28% | 3.50% | 2.41% | 2.36% | 2.02% | 1.70% | 1.66% |
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% | 0.00% | 0.00% |
Financials
LUN.TO vs. IMO - Financials Comparison
This section allows you to compare key financial metrics between Lundin Mining Corporation and Imperial Oil Limited. 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. IMO - 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%.
IMO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Imperial Oil Limited reported a gross profit of 2.51B and revenue of 12.45B. Therefore, the gross margin over that period was 20.2%.
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%.
IMO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Imperial Oil Limited reported an operating income of 1.23B and revenue of 12.45B, resulting in an operating margin of 9.9%.
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%.
IMO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Imperial Oil Limited reported a net income of 940.00M and revenue of 12.45B, resulting in a net margin of 7.6%.
Frequently Asked Questions
LUN.TO and IMO have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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