PSD.TO vs. LUG.TO

Last updated Jun 5, 2026

PSD.TO (Pulse Seismic Inc.) and LUG.TO (Lundin Gold Inc.) are both stocks. PSD.TO operates in Oil & Gas Equipment & Services (Energy), while LUG.TO operates in Gold (Basic Materials). Over the past 10 years, PSD.TO returned 8.84%/yr vs 31.52%/yr for LUG.TO. At a 0.05 correlation, their price movements are largely independent.

Performance

PSD.TO vs. LUG.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Pulse Seismic Inc. (PSD.TO) and Lundin Gold Inc. (LUG.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSD.TO achieves a 5.60% return, which is significantly higher than LUG.TO's -31.58% return. Over the past 10 years, PSD.TO has underperformed LUG.TO with an annualized return of 8.84%, while LUG.TO has yielded a comparatively higher 31.52% annualized return.

PSD.TO

• 1D: -2.03%
• 1M: -6.93%
• YTD: 5.60%
• 6M: 6.90%
• 1Y: 33.62%
• 3Y*: 41.15%
• 5Y*: 22.66%
• 10Y*: 8.84%

LUG.TO

• 1D: -8.07%
• 1M: -17.60%
• YTD: -31.58%
• 6M: -27.88%
• 1Y: 13.18%
• 3Y*: 71.74%
• 5Y*: 51.14%
• 10Y*: 31.52%

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

PSD.TO vs. LUG.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSD.TO Pulse Seismic Inc.	5.60%	59.73%	34.54%	25.09%	-14.77%	133.13%	-50.52%	30.20%	-53.29%	45.05%
LUG.TO Lundin Gold Inc.	-31.58%	291.22%	91.63%	29.57%	30.62%	-4.67%	31.21%	66.93%	10.15%	-13.88%

Correlation

The correlation between PSD.TO and LUG.TO is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.08
Correlation (10Y) Calculated over the trailing 10-year period	0.05
Correlation (All Time) Calculated using the full available price history since Jul 6, 2006	0.05

Fundamentals

Market Cap PSD.TO : CA$170.91M LUG.TO : CA$18.94B
EPS PSD.TO : CA$0.17 LUG.TO : CA$3.77
PE Ratio PSD.TO : 20.40 LUG.TO : 20.68
PEG Ratio PSD.TO : 0.15 LUG.TO : 0.28
PS Ratio PSD.TO : 5.67 LUG.TO : 9.46
PB Ratio PSD.TO : 17.10 LUG.TO : 13.90
Total Revenue (TTM) PSD.TO : CA$30.18M LUG.TO : CA$2.00B
Gross Profit (TTM) PSD.TO : CA$23.03M LUG.TO : CA$1.41B
EBITDA (TTM) PSD.TO : CA$19.71M LUG.TO : CA$1.43B

Return for Risk

PSD.TO vs. LUG.TO — Risk / Return Rank

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

PSD.TO

PSD.TO Risk / Return Rank: 65
PSD.TO Sharpe Ratio Rank: 70
PSD.TO Sortino Ratio Rank: 65
PSD.TO Omega Ratio Rank: 64
PSD.TO Calmar Ratio Rank: 64
PSD.TO Martin Ratio Rank: 62

LUG.TO

LUG.TO Risk / Return Rank: 50
LUG.TO Sharpe Ratio Rank: 51
LUG.TO Sortino Ratio Rank: 48
LUG.TO Omega Ratio Rank: 47
LUG.TO Calmar Ratio Rank: 50
LUG.TO Martin Ratio Rank: 53

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.

PSD.TO vs. LUG.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pulse Seismic Inc. (PSD.TO) and Lundin Gold Inc. (LUG.TO). 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.

	PSD.TO	LUG.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.93	0.24	+0.70
Sortino ratio: Return per unit of downside risk	1.46	0.69	+0.77
Omega ratio: Gain probability vs. loss probability	1.19	1.09	+0.10
Calmar ratio: Return relative to maximum drawdown	1.11	0.34	+0.77
Martin ratio: Return relative to average drawdown	2.17	0.96	+1.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSD.TO vs. LUG.TO - Sharpe Ratio Comparison

The current PSD.TO Sharpe Ratio is 0.93, which is higher than the LUG.TO Sharpe Ratio of 0.24. The chart below compares the historical Sharpe Ratios of PSD.TO and LUG.TO, 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

	PSD.TO	LUG.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.93	0.24	+0.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	1.10	-0.53
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.18	0.73	-0.55
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.12	+0.03

Drawdowns

PSD.TO vs. LUG.TO - Drawdown Comparison

The maximum PSD.TO drawdown since its inception was -83.89%, smaller than the maximum LUG.TO drawdown of -94.74%. Use the drawdown chart below to compare losses from any high point for PSD.TO and LUG.TO.

Drawdown Indicators

	PSD.TO	LUG.TO	Difference
Max Drawdown Largest peak-to-trough decline	-83.89%	-94.74%	+10.85%
Max Drawdown (1Y) Largest decline over 1 year	-35.97%	-39.32%	+3.35%
Max Drawdown (3Y) Largest decline over 3 years	-35.97%	-39.32%	+3.35%
Max Drawdown (5Y) Largest decline over 5 years	-41.47%	-39.32%	-2.15%
Max Drawdown (10Y) Largest decline over 10 years	-78.13%	-41.84%	-36.29%
Current Drawdown Current decline from peak	-32.15%	-39.32%	+7.17%
Average Drawdown Average peak-to-trough decline	-34.49%	-67.66%	+33.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.35%	13.79%	+4.56%

Volatility

PSD.TO vs. LUG.TO - Volatility Comparison

The current volatility for Pulse Seismic Inc. (PSD.TO) is 7.96%, while Lundin Gold Inc. (LUG.TO) has a volatility of 17.39%. This indicates that PSD.TO experiences smaller price fluctuations and is considered to be less risky than LUG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSD.TO	LUG.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.96%	17.39%	-9.43%
Volatility (6M) Calculated over the trailing 6-month period	31.01%	41.87%	-10.86%
Volatility (1Y) Calculated over the trailing 1-year period	42.76%	56.17%	-13.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.15%	46.54%	-6.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.94%	43.44%	+7.50%

Dividends

PSD.TO vs. LUG.TO - Dividend Comparison

PSD.TO's dividend yield for the trailing twelve months is around 11.07%, more than LUG.TO's 3.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LUG.TO Lundin Gold Inc.	3.61%	3.35%	2.70%	3.28%	1.97%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PSD.TO Pulse Seismic Inc.	11.07%	14.26%	4.56%	21.77%	2.83%	2.42%	0.00%	0.00%	0.00%	6.27%	0.00%	2.70%

Financials

Frequently Asked Questions

Can I hold both PSD.TO and LUG.TO in my portfolio?

PSD.TO and LUG.TO have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.