SCZM vs. AYA.TO

Last updated Jun 3, 2026

SCZM (Santacruz Silver Mining Ltd) and AYA.TO (Aya Gold & Silver Inc.) are both stocks. Both are in the Basic Materials sector — SCZM in Other Industrial Metals & Mining, AYA.TO in Other Precious Metals & Mining. A 0.75 correlation means they provide meaningful diversification when combined.

Performance

SCZM vs. AYA.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Santacruz Silver Mining Ltd (SCZM) and Aya Gold & Silver Inc. (AYA.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SCZM is traded in USD, while AYA.TO is traded in CAD. To make them comparable, the AYA.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

SCZM

• 1D: 2.33%
• 1M: 2.08%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AYA.TO

• 1D: -8.56%
• 1M: 10.37%
• YTD: 37.43%
• 6M: 45.94%
• 1Y: 105.80%
• 3Y*: 41.81%
• 5Y*: 23.38%
• 10Y*: 46.46%

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

SCZM vs. AYA.TO - Yearly Performance Comparison

	2026 (YTD)
SCZM Santacruz Silver Mining Ltd	-32.61%
AYA.TO Aya Gold & Silver Inc.	13.03%

Correlation

The correlation between SCZM and AYA.TO is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 22, 2026	0.75

Fundamentals

Market Cap SCZM : $783.79M AYA.TO : CA$4.06B
EPS SCZM : $0.66 AYA.TO : CA$0.60
PE Ratio SCZM : 12.66 AYA.TO : 45.42
PS Ratio SCZM : 2.01 AYA.TO : 13.80
PB Ratio SCZM : 3.74 AYA.TO : 8.85
Total Revenue (TTM) SCZM : $385.50M AYA.TO : CA$283.62M
Gross Profit (TTM) SCZM : $127.93M AYA.TO : CA$155.19M
EBITDA (TTM) SCZM : $144.69M AYA.TO : CA$167.72M

Return for Risk

SCZM vs. AYA.TO — Risk / Return Rank

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

AYA.TO

AYA.TO Risk / Return Rank: 77
AYA.TO Sharpe Ratio Rank: 80
AYA.TO Sortino Ratio Rank: 74
AYA.TO Omega Ratio Rank: 73
AYA.TO Calmar Ratio Rank: 79
AYA.TO Martin Ratio Rank: 81

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.

SCZM vs. AYA.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Santacruz Silver Mining Ltd (SCZM) and Aya Gold & Silver Inc. (AYA.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SCZM	AYA.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.36	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.34	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.69	0.21	-0.90

Drawdowns

SCZM vs. AYA.TO - Drawdown Comparison

The maximum SCZM drawdown since its inception was -55.82%, smaller than the maximum AYA.TO drawdown of -87.22%. Use the drawdown chart below to compare losses from any high point for SCZM and AYA.TO.

Drawdown Indicators

	SCZM	AYA.TO	Difference
Max Drawdown Largest peak-to-trough decline	-55.82%	-87.22%	+31.40%
Max Drawdown (1Y) Largest decline over 1 year	—	-41.78%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-56.10%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-56.31%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-74.61%	—
Current Drawdown Current decline from peak	-48.45%	-9.13%	-39.32%
Average Drawdown Average peak-to-trough decline	-39.95%	-40.41%	+0.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	16.03%	—

Volatility

Volatility by Period

	SCZM	AYA.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	27.03%	—
Volatility (6M) Calculated over the trailing 6-month period	—	57.33%	—
Volatility (1Y) Calculated over the trailing 1-year period	96.91%	78.38%	+18.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	96.91%	69.36%	+27.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	96.91%	79.47%	+17.44%

Dividends

SCZM vs. AYA.TO - Dividend Comparison

Neither SCZM nor AYA.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

SCZM vs. AYA.TO - Profitability Comparison

The chart below illustrates the profitability comparison between Santacruz Silver Mining Ltd and Aya Gold & Silver Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SCZM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Santacruz Silver Mining Ltd reported a gross profit of 42.87M and revenue of 127.53M. Therefore, the gross margin over that period was 33.6%.

AYA.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Aya Gold & Silver Inc. reported a gross profit of 82.27M and revenue of 115.35M. Therefore, the gross margin over that period was 71.3%.

SCZM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Santacruz Silver Mining Ltd reported an operating income of 33.90M and revenue of 127.53M, resulting in an operating margin of 26.6%.

AYA.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Aya Gold & Silver Inc. reported an operating income of 76.31M and revenue of 115.35M, resulting in an operating margin of 66.2%.

SCZM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Santacruz Silver Mining Ltd reported a net income of 28.47M and revenue of 127.53M, resulting in a net margin of 22.3%.

AYA.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Aya Gold & Silver Inc. reported a net income of 47.54M and revenue of 115.35M, resulting in a net margin of 41.2%.

Frequently Asked Questions

Can I hold both SCZM and AYA.TO in my portfolio?

SCZM and AYA.TO have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.