LUN.TO vs. PNG.V
LUN.TO (Lundin Mining Corporation) and PNG.V (Kraken Robotics Inc) are both stocks. LUN.TO operates in Copper (Basic Materials), while PNG.V operates in Scientific & Technical Instruments (Technology). Over the past 10 years, LUN.TO returned 27.33%/yr vs 42.03%/yr for PNG.V. At a 0.08 correlation, their price movements are largely independent.
Performance
LUN.TO vs. PNG.V - Performance Comparison
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Returns By Period
In the year-to-date period, LUN.TO achieves a 29.22% return, which is significantly higher than PNG.V's 14.84% return. Over the past 10 years, LUN.TO has underperformed PNG.V with an annualized return of 27.33%, while PNG.V has yielded a comparatively higher 42.03% annualized return.
LUN.TO
- 1D
- 2.26%
- 1M
- 2.49%
- YTD
- 29.22%
- 6M
- 50.43%
- 1Y
- 164.52%
- 3Y*
- 59.24%
- 5Y*
- 28.33%
- 10Y*
- 27.33%
PNG.V
- 1D
- -2.78%
- 1M
- 5.60%
- YTD
- 14.84%
- 6M
- 18.17%
- 1Y
- 156.99%
- 3Y*
- 141.78%
- 5Y*
- 62.94%
- 10Y*
- 42.03%
LUN.TO vs. PNG.V - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LUN.TO Lundin Mining Corporation | 29.22% | 141.86% | 17.72% | 35.67% | -11.74% | -9.34% | 49.12% | 40.12% | -31.40% | 32.67% |
PNG.V Kraken Robotics Inc | 14.84% | 132.73% | 323.08% | 14.04% | 52.00% | -34.21% | -5.00% | 62.16% | 111.43% | 34.62% |
Correlation
The correlation between LUN.TO and PNG.V is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Feb 14, 2011 | 0.08 |
The correlation between LUN.TO and PNG.V shifts across timeframes, from 0.08 (all time) to 0.22 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
LUN.TO:
CA$32.76B
PNG.V:
CA$2.26B
LUN.TO:
CA$1.69
PNG.V:
-CA$0.00
LUN.TO:
8.10
PNG.V:
20.23
LUN.TO:
4.78
PNG.V:
9.54
LUN.TO:
CA$4.04B
PNG.V:
CA$107.79M
LUN.TO:
CA$1.55B
PNG.V:
CA$62.68M
LUN.TO:
CA$1.92B
PNG.V:
CA$12.49M
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Return for Risk
LUN.TO vs. PNG.V — Risk / Return Rank
LUN.TO
PNG.V
LUN.TO vs. PNG.V - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lundin Mining Corporation (LUN.TO) and Kraken Robotics Inc (PNG.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.
| LUN.TO | PNG.V | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.87 | ||
| Sortino ratioReturn per unit of downside risk | +0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.33 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 4.92 | 4.74 | +0.18 |
| Martin ratioReturn relative to average drawdown | 16.40 | 10.71 | +5.68 |
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
| LUN.TO | PNG.V | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.15 | 2.28 | +0.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 1.08 | -0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.61 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.20 | -0.05 |
Drawdowns
LUN.TO vs. PNG.V - Drawdown Comparison
The maximum LUN.TO drawdown since its inception was -95.33%, which is greater than PNG.V's maximum drawdown of -83.33%. Use the drawdown chart below to compare losses from any high point for LUN.TO and PNG.V.
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Drawdown Indicators
| LUN.TO | PNG.V | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.33% | -83.33% | -12.00% |
Max Drawdown (1Y)Largest decline over 1 year | -33.67% | -33.33% | -0.34% |
Max Drawdown (3Y)Largest decline over 3 years | -47.11% | -33.33% | -13.78% |
Max Drawdown (5Y)Largest decline over 5 years | -53.91% | -56.15% | +2.24% |
Max Drawdown (10Y)Largest decline over 10 years | -57.61% | -71.21% | +13.60% |
Current DrawdownCurrent decline from peak | -14.17% | -28.15% | +13.98% |
Average DrawdownAverage peak-to-trough decline | -48.72% | -38.67% | -10.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.08% | 14.71% | -4.63% |
Volatility
LUN.TO vs. PNG.V - Volatility Comparison
The current volatility for Lundin Mining Corporation (LUN.TO) is 20.66%, while Kraken Robotics Inc (PNG.V) has a volatility of 23.37%. This indicates that LUN.TO experiences smaller price fluctuations and is considered to be less risky than PNG.V 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 | PNG.V | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.66% | 23.37% | -2.71% |
Volatility (6M)Calculated over the trailing 6-month period | 44.38% | 50.26% | -5.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.71% | 69.53% | -16.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.18% | 58.54% | -12.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.95% | 69.22% | -23.27% |
Dividends
LUN.TO vs. PNG.V - Dividend Comparison
LUN.TO's dividend yield for the trailing twelve months is around 0.29%, while PNG.V has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
PNG.V Kraken Robotics Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
LUN.TO vs. PNG.V - Financials Comparison
This section allows you to compare key financial metrics between Lundin Mining Corporation and Kraken Robotics 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. PNG.V - 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%.
PNG.V - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kraken Robotics Inc reported a gross profit of 9.35M and revenue of 21.71M. Therefore, the gross margin over that period was 43.1%.
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%.
PNG.V - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kraken Robotics Inc reported an operating income of -1.19M and revenue of 21.71M, resulting in an operating margin of -5.5%.
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%.
PNG.V - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kraken Robotics Inc reported a net income of -3.33M and revenue of 21.71M, resulting in a net margin of -15.3%.
Frequently Asked Questions
LUN.TO and PNG.V have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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