PRE.L vs. EEE.L

Last updated Jun 4, 2026

PRE.L (Pensana Rare Earths PLC) and EEE.L (Empire Metals Limited) are both stocks. Both are in the Basic Materials sector — PRE.L in Other Industrial Metals & Mining, EEE.L in Other Precious Metals & Mining. Over the past 5 years, PRE.L returned -3.02%/yr vs 67.22%/yr for EEE.L. At a 0.08 correlation, their price movements are largely independent.

Performance

PRE.L vs. EEE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Pensana Rare Earths PLC (PRE.L) and Empire Metals Limited (EEE.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRE.L achieves a 5.77% return, which is significantly higher than EEE.L's -9.49% return.

PRE.L

• 1D: -2.30%
• 1M: -4.40%
• YTD: 5.77%
• 6M: -8.78%
• 1Y: 128.05%
• 3Y*: 46.48%
• 5Y*: -3.02%
• 10Y*: —

EEE.L

• 1D: -0.56%
• 1M: 13.50%
• YTD: -9.49%
• 6M: -5.87%
• 1Y: 199.15%
• 3Y*: 150.34%
• 5Y*: 67.22%
• 10Y*: 8.23%

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

PRE.L vs. EEE.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
PRE.L Pensana Rare Earths PLC	5.77%	275.37%	8.53%	-51.24%	-55.07%	-9.95%	307.41%
EEE.L Empire Metals Limited	-9.49%	469.34%	-26.34%	463.64%	43.48%	-69.74%	101.06%

Correlation

The correlation between PRE.L and EEE.L is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.06
Correlation (All Time) Calculated using the full available price history since Jul 7, 2020	0.08

The correlation between PRE.L and EEE.L shifts across timeframes, from 0.06 (5 years) to 0.19 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

EPS PRE.L : -£0.05 EEE.L : -£0.01
Total Revenue (TTM) PRE.L : £0.00 EEE.L : £0.00
Gross Profit (TTM) PRE.L : -£28.36K EEE.L : -£113.72K
EBITDA (TTM) PRE.L : -£13.84M EEE.L : -£7.61M

Return for Risk

PRE.L vs. EEE.L — Risk / Return Rank

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

PRE.L

PRE.L Risk / Return Rank: 77
PRE.L Sharpe Ratio Rank: 83
PRE.L Sortino Ratio Rank: 80
PRE.L Omega Ratio Rank: 75
PRE.L Calmar Ratio Rank: 78
PRE.L Martin Ratio Rank: 69

EEE.L

EEE.L Risk / Return Rank: 82
EEE.L Sharpe Ratio Rank: 87
EEE.L Sortino Ratio Rank: 84
EEE.L Omega Ratio Rank: 82
EEE.L Calmar Ratio Rank: 84
EEE.L Martin Ratio Rank: 74

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.

PRE.L vs. EEE.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pensana Rare Earths PLC (PRE.L) and Empire Metals Limited (EEE.L). 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.

	PRE.L	EEE.L	Difference
Sharpe ratio Return per unit of total volatility	1.57	1.90	-0.33
Sortino ratio Return per unit of downside risk	2.30	2.67	-0.37
Omega ratio Gain probability vs. loss probability	1.26	1.32	-0.06
Calmar ratio Return relative to maximum drawdown	2.39	3.27	-0.88
Martin ratio Return relative to average drawdown	3.54	4.84	-1.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PRE.L vs. EEE.L - Sharpe Ratio Comparison

The current PRE.L Sharpe Ratio is 1.57, which is comparable to the EEE.L Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of PRE.L and EEE.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PRE.L	EEE.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.57	1.90	-0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.04	0.71	-0.75
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.08	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	-0.16	+0.42

Drawdowns

PRE.L vs. EEE.L - Drawdown Comparison

The maximum PRE.L drawdown since its inception was -93.56%, smaller than the maximum EEE.L drawdown of -99.91%. Use the drawdown chart below to compare losses from any high point for PRE.L and EEE.L.

Drawdown Indicators

	PRE.L	EEE.L	Difference
Max Drawdown Largest peak-to-trough decline	-93.56%	-99.91%	+6.35%
Max Drawdown (1Y) Largest decline over 1 year	-53.37%	-60.56%	+7.19%
Max Drawdown (3Y) Largest decline over 3 years	-63.74%	-60.56%	-3.18%
Max Drawdown (5Y) Largest decline over 5 years	-89.77%	-74.59%	-15.18%
Max Drawdown (10Y) Largest decline over 10 years	—	-96.95%	—
Current Drawdown Current decline from peak	-54.39%	-95.78%	+41.39%
Average Drawdown Average peak-to-trough decline	-63.53%	-94.30%	+30.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	36.01%	40.96%	-4.95%

Volatility

PRE.L vs. EEE.L - Volatility Comparison

The current volatility for Pensana Rare Earths PLC (PRE.L) is 10.27%, while Empire Metals Limited (EEE.L) has a volatility of 17.52%. This indicates that PRE.L experiences smaller price fluctuations and is considered to be less risky than EEE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRE.L	EEE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.27%	17.52%	-7.25%
Volatility (6M) Calculated over the trailing 6-month period	43.93%	46.15%	-2.22%
Volatility (1Y) Calculated over the trailing 1-year period	80.90%	104.39%	-23.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	86.03%	94.37%	-8.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.26%	108.99%	-19.73%

Dividends

PRE.L vs. EEE.L - Dividend Comparison

Neither PRE.L nor EEE.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both PRE.L and EEE.L in my portfolio?

PRE.L and EEE.L have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.