PPTA vs. UAMY

Last updated Jun 23, 2026

PPTA (Perpetua Resources Corp) and UAMY (United States Antimony Corporation) are both stocks. Both are in the Basic Materials sector — PPTA in Other Precious Metals & Mining, UAMY in Other Industrial Metals & Mining. Over the past 5 years, PPTA returned 22.81%/yr vs 52.68%/yr for UAMY. At a 0.29 correlation, their price movements are largely independent.

Performance

PPTA vs. UAMY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Perpetua Resources Corp (PPTA) and United States Antimony Corporation (UAMY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PPTA achieves a -1.69% return, which is significantly lower than UAMY's 55.38% return.

PPTA

• 1D: -2.14%
• 1M: -6.00%
• YTD: -1.69%
• 6M: -14.08%
• 1Y: 83.22%
• 3Y*: 87.68%
• 5Y*: 22.81%
• 10Y*: —

UAMY

• 1D: -0.64%
• 1M: -7.36%
• YTD: 55.38%
• 6M: 39.53%
• 1Y: 185.71%
• 3Y*: 192.90%
• 5Y*: 52.68%
• 10Y*: 42.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PPTA vs. UAMY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PPTA Perpetua Resources Corp	-1.69%	126.90%	236.59%	8.56%	-38.53%	-34.48%
UAMY United States Antimony Corporation	55.38%	183.62%	610.84%	-48.86%	-2.19%	-70.37%

Correlation

The correlation between PPTA and UAMY is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (All Time) Calculated using the full available price history since Feb 18, 2021	0.29

Over the past year, PPTA and UAMY have become more correlated (0.52) than their long-term average of 0.29, meaning their price movements have been converging.

Fundamentals

Market Cap PPTA : $2.22B UAMY : $1.10B
EPS PPTA : $1.22 UAMY : -$0.13
PB Ratio PPTA : 2.58 UAMY : 8.37
Total Revenue (TTM) PPTA : $0.00 UAMY : $39.04M
Gross Profit (TTM) PPTA : $0.00 UAMY : $4.34M
EBITDA (TTM) PPTA : $0.00 UAMY : -$15.23M

Return for Risk

PPTA vs. UAMY — Risk / Return Rank

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

PPTA

PPTA Risk / Return Rank: 74
PPTA Sharpe Ratio Rank: 75
PPTA Sortino Ratio Rank: 72
PPTA Omega Ratio Rank: 70
PPTA Calmar Ratio Rank: 75
PPTA Martin Ratio Rank: 76

UAMY

UAMY Risk / Return Rank: 79
UAMY Sharpe Ratio Rank: 81
UAMY Sortino Ratio Rank: 83
UAMY Omega Ratio Rank: 77
UAMY Calmar Ratio Rank: 80
UAMY Martin Ratio Rank: 73

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.

PPTA vs. UAMY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Perpetua Resources Corp (PPTA) and United States Antimony Corporation (UAMY). 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.

	PPTA	UAMY	Difference
Sharpe ratio: Return per unit of total volatility	1.14	1.41	-0.27
Sortino ratio: Return per unit of downside risk	1.78	2.42	-0.64
Omega ratio: Gain probability vs. loss probability	1.22	1.27	-0.05
Calmar ratio: Return relative to maximum drawdown	1.96	2.52	-0.55
Martin ratio: Return relative to average drawdown	5.01	4.26	+0.75

PPTA vs. UAMY - Sharpe Ratio Comparison

The current PPTA Sharpe Ratio is 1.14, which is comparable to the UAMY Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of PPTA and UAMY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PPTA vs. UAMY - Drawdown Comparison

The maximum PPTA drawdown since its inception was -81.78%, smaller than the maximum UAMY drawdown of -96.44%. Use the drawdown chart below to compare losses from any high point for PPTA and UAMY.

Drawdown Indicators

	PPTA	UAMY	Difference
Max Drawdown Largest peak-to-trough decline	-81.78%	-96.44%	+14.66%
Max Drawdown (1Y) Largest decline over 1 year	-42.61%	-74.30%	+31.69%
Max Drawdown (3Y) Largest decline over 3 years	-42.61%	-74.30%	+31.69%
Max Drawdown (5Y) Largest decline over 5 years	-80.53%	-80.46%	-0.07%
Max Drawdown (10Y) Largest decline over 10 years	—	-89.76%	—
Current Drawdown Current decline from peak	-36.06%	-55.35%	+19.29%
Average Drawdown Average peak-to-trough decline	-38.68%	-66.40%	+27.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.67%	43.78%	-27.11%

Volatility

PPTA vs. UAMY - Volatility Comparison

The current volatility for Perpetua Resources Corp (PPTA) is 21.31%, while United States Antimony Corporation (UAMY) has a volatility of 27.35%. This indicates that PPTA experiences smaller price fluctuations and is considered to be less risky than UAMY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PPTA	UAMY	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.31%	27.35%	-6.04%
Volatility (6M) Calculated over the trailing 6-month period	55.26%	92.15%	-36.89%
Volatility (1Y) Calculated over the trailing 1-year period	73.32%	132.39%	-59.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.07%	95.17%	-23.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.19%	101.09%	-28.90%

Dividends

PPTA vs. UAMY - Dividend Comparison

Neither PPTA nor UAMY has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both PPTA and UAMY in my portfolio?

PPTA and UAMY have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PPTA or UAMY?

UAMY has higher volatility (27.35%) compared to PPTA (21.31%). In terms of maximum drawdown, PPTA dropped -81.78% vs UAMY's -96.44%.

Which has better risk-adjusted returns?

UAMY currently has the higher Sharpe Ratio (1.41 vs 1.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.