NVA.AX vs. HL
Compare and contrast key facts about Nova Minerals Limited (NVA.AX) and Hecla Mining Company (HL).
Performance
NVA.AX vs. HL - Performance Comparison
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NVA.AX vs. HL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NVA.AX Nova Minerals Limited | -11.39% | 113.51% | 2.78% | -47.06% | -41.13% | -27.81% | 263.64% | 109.52% | -54.35% | 228.57% |
HL Hecla Mining Company | -3.10% | 263.26% | 13.17% | -12.86% | 14.06% | -14.22% | 74.99% | 45.10% | -33.97% | -29.87% |
Different Trading Currencies
NVA.AX is traded in AUD, while HL is traded in USD. To make them comparable, the HL values have been converted to AUD using the latest available exchange rates.
Returns By Period
In the year-to-date period, NVA.AX achieves a -11.39% return, which is significantly lower than HL's -3.10% return. Over the past 10 years, NVA.AX has underperformed HL with an annualized return of 6.58%, while HL has yielded a comparatively higher 22.89% annualized return.
NVA.AX
- 1D
- 8.53%
- 1M
- -23.91%
- YTD
- -11.39%
- 6M
- 20.69%
- 1Y
- 150.00%
- 3Y*
- 15.02%
- 5Y*
- -15.76%
- 10Y*
- 6.58%
HL
- 1D
- 3.19%
- 1M
- -19.73%
- YTD
- -3.10%
- 6M
- 50.37%
- 1Y
- 219.59%
- 3Y*
- 44.01%
- 5Y*
- 29.68%
- 10Y*
- 22.89%
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Return for Risk
NVA.AX vs. HL — Risk / Return Rank
NVA.AX
HL
NVA.AX vs. HL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nova Minerals Limited (NVA.AX) and Hecla Mining Company (HL). 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.
| NVA.AX | HL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.04 | 3.15 | -2.11 |
Sortino ratioReturn per unit of downside risk | 2.43 | 3.17 | -0.74 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.42 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.70 | 4.57 | -2.87 |
Martin ratioReturn relative to average drawdown | 3.46 | 12.83 | -9.37 |
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
| NVA.AX | HL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | 3.15 | -2.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.15 | 0.54 | -0.69 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.06 | 0.39 | -0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.04 | 0.08 | -0.12 |
Correlation
The correlation between NVA.AX and HL is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
NVA.AX vs. HL - Dividend Comparison
NVA.AX has not paid dividends to shareholders, while HL's dividend yield for the trailing twelve months is around 0.08%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVA.AX Nova Minerals Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HL Hecla Mining Company | 0.08% | 0.08% | 0.81% | 0.65% | 0.40% | 0.72% | 0.25% | 0.29% | 0.42% | 0.25% | 0.19% | 0.53% |
Drawdowns
NVA.AX vs. HL - Drawdown Comparison
The maximum NVA.AX drawdown since its inception was -99.98%, which is greater than HL's maximum drawdown of -88.36%. Use the drawdown chart below to compare losses from any high point for NVA.AX and HL.
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Drawdown Indicators
| NVA.AX | HL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.98% | -97.92% | -2.06% |
Max Drawdown (1Y)Largest decline over 1 year | -64.22% | -45.95% | -18.27% |
Max Drawdown (5Y)Largest decline over 5 years | -93.16% | -63.30% | -29.86% |
Max Drawdown (10Y)Largest decline over 10 years | -94.22% | -82.45% | -11.77% |
Current DrawdownCurrent decline from peak | -99.65% | -39.69% | -59.96% |
Average DrawdownAverage peak-to-trough decline | -86.03% | -70.07% | -15.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.52% | 16.14% | +15.38% |
Volatility
NVA.AX vs. HL - Volatility Comparison
Nova Minerals Limited (NVA.AX) has a higher volatility of 28.60% compared to Hecla Mining Company (HL) at 17.11%. This indicates that NVA.AX's price experiences larger fluctuations and is considered to be riskier than HL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NVA.AX | HL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.60% | 17.11% | +11.49% |
Volatility (6M)Calculated over the trailing 6-month period | 123.60% | 55.77% | +67.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 150.83% | 70.29% | +80.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 106.81% | 55.28% | +51.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 119.29% | 59.50% | +59.79% |
Financials
NVA.AX vs. HL - Financials Comparison
This section allows you to compare key financial metrics between Nova Minerals Limited and Hecla Mining Company. 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