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NAK vs. MUX
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

NAK vs. MUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Northern Dynasty Minerals Ltd. (NAK) and McEwen Mining Inc. (MUX). The values are adjusted to include any dividend payments, if applicable.

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NAK vs. MUX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
NAK
Northern Dynasty Minerals Ltd.
-28.93%238.78%79.86%46.42%-32.31%1.30%-25.12%-24.46%-67.84%-14.49%
MUX
McEwen Mining Inc.
10.32%137.92%7.91%23.04%-33.90%-10.00%-22.44%-30.01%-19.78%-21.37%

Fundamentals

Market Cap

NAK:

$770.03M

MUX:

$1.12B

EPS

NAK:

-$0.15

MUX:

$0.19

PB Ratio

NAK:

12.75

MUX:

2.05

Total Revenue (TTM)

NAK:

$0.00

MUX:

$132.93M

Gross Profit (TTM)

NAK:

-$85.85K

MUX:

$22.45M

EBITDA (TTM)

NAK:

-$78.62M

MUX:

$21.78M

Returns By Period

In the year-to-date period, NAK achieves a -28.93% return, which is significantly lower than MUX's 10.32% return. Over the past 10 years, NAK has outperformed MUX with an annualized return of 15.05%, while MUX has yielded a comparatively lower 0.64% annualized return.


NAK

1D
10.24%
1M
-9.68%
YTD
-28.93%
6M
16.67%
1Y
21.74%
3Y*
80.31%
5Y*
16.53%
10Y*
15.05%

MUX

1D
8.27%
1M
-27.97%
YTD
10.32%
6M
19.42%
1Y
170.46%
3Y*
34.09%
5Y*
13.38%
10Y*
0.64%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

NAK vs. MUX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NAK
NAK Risk / Return Rank: 5454
Overall Rank
NAK Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
NAK Sortino Ratio Rank: 5959
Sortino Ratio Rank
NAK Omega Ratio Rank: 6161
Omega Ratio Rank
NAK Calmar Ratio Rank: 5151
Calmar Ratio Rank
NAK Martin Ratio Rank: 4949
Martin Ratio Rank

MUX
MUX Risk / Return Rank: 9292
Overall Rank
MUX Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
MUX Sortino Ratio Rank: 9191
Sortino Ratio Rank
MUX Omega Ratio Rank: 8989
Omega Ratio Rank
MUX Calmar Ratio Rank: 9292
Calmar Ratio Rank
MUX Martin Ratio Rank: 9292
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NAK vs. MUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Northern Dynasty Minerals Ltd. (NAK) and McEwen Mining Inc. (MUX). 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.


NAKMUXDifference

Sharpe ratio

Return per unit of total volatility

0.18

2.63

-2.45

Sortino ratio

Return per unit of downside risk

1.13

2.90

-1.77

Omega ratio

Gain probability vs. loss probability

1.16

1.38

-0.22

Calmar ratio

Return relative to maximum drawdown

0.37

4.55

-4.18

Martin ratio

Return relative to average drawdown

0.66

12.57

-11.92

NAK vs. MUX - Sharpe Ratio Comparison

The current NAK Sharpe Ratio is 0.18, which is lower than the MUX Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of NAK and MUX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


NAKMUXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.18

2.63

-2.45

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.20

0.21

-0.01

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.15

0.01

+0.14

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.03

-0.01

-0.03

Correlation

The correlation between NAK and MUX is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

NAK vs. MUX - Dividend Comparison

Neither NAK nor MUX has paid dividends to shareholders.


TTM20252024202320222021202020192018201720162015
NAK
Northern Dynasty Minerals Ltd.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
MUX
McEwen Mining Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.39%0.55%0.44%0.34%0.47%

Drawdowns

NAK vs. MUX - Drawdown Comparison

The maximum NAK drawdown since its inception was -99.01%, roughly equal to the maximum MUX drawdown of -99.67%. Use the drawdown chart below to compare losses from any high point for NAK and MUX.


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Drawdown Indicators


NAKMUXDifference

Max Drawdown

Largest peak-to-trough decline

-99.01%

-99.67%

+0.66%

Max Drawdown (1Y)

Largest decline over 1 year

-67.68%

-36.28%

-31.40%

Max Drawdown (5Y)

Largest decline over 5 years

-68.85%

-82.48%

+13.63%

Max Drawdown (10Y)

Largest decline over 10 years

-93.79%

-93.89%

+0.10%

Current Drawdown

Current decline from peak

-93.36%

-93.21%

-0.15%

Average Drawdown

Average peak-to-trough decline

-73.78%

-86.46%

+12.68%

Ulcer Index

Depth and duration of drawdowns from previous peaks

38.08%

13.14%

+24.94%

Volatility

NAK vs. MUX - Volatility Comparison

Northern Dynasty Minerals Ltd. (NAK) has a higher volatility of 25.14% compared to McEwen Mining Inc. (MUX) at 21.23%. This indicates that NAK's price experiences larger fluctuations and is considered to be riskier than MUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NAKMUXDifference

Volatility (1M)

Calculated over the trailing 1-month period

25.14%

21.23%

+3.91%

Volatility (6M)

Calculated over the trailing 6-month period

85.88%

50.53%

+35.35%

Volatility (1Y)

Calculated over the trailing 1-year period

119.51%

65.32%

+54.19%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

83.25%

63.07%

+20.18%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

98.15%

64.01%

+34.14%

Financials

NAK vs. MUX - Financials Comparison

This section allows you to compare key financial metrics between Northern Dynasty Minerals Ltd. and McEwen Mining 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.0010.00M20.00M30.00M40.00M50.00M60.00MAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober00
(NAK) Total Revenue
(MUX) Total Revenue
Values in USD except per share items