SSRM vs. LAC

Last updated Jun 9, 2026

SSRM (SSR Mining Inc.) and LAC (Lithium Americas Corp.) are both stocks. Both are in the Basic Materials sector — SSRM in Gold, LAC in Other Industrial Metals & Mining. Over the past year, SSRM returned 108.87% vs 68.89% for LAC. At a 0.31 correlation, their price movements are largely independent.

Performance

SSRM vs. LAC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SSR Mining Inc. (SSRM) and Lithium Americas Corp. (LAC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SSRM achieves a 21.40% return, which is significantly higher than LAC's 4.59% return.

SSRM

• 1D: -0.45%
• 1M: -22.19%
• YTD: 21.40%
• 6M: 26.71%
• 1Y: 108.87%
• 3Y*: 23.58%
• 5Y*: 9.68%
• 10Y*: 9.56%

LAC

• 1D: 0.66%
• 1M: -18.13%
• YTD: 4.59%
• 6M: -14.12%
• 1Y: 68.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SSRM vs. LAC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SSRM SSR Mining Inc.	21.40%	214.94%	-35.32%	-15.50%
LAC Lithium Americas Corp.	4.59%	46.80%	-53.59%	-36.82%

Correlation

The correlation between SSRM and LAC is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (All Time) Calculated using the full available price history since Oct 3, 2023	0.31

Fundamentals

Market Cap SSRM : $5.79B LAC : $1.61B
EPS SSRM : $3.27 LAC : -$0.28
PB Ratio SSRM : 1.31 LAC : 1.19
Total Revenue (TTM) SSRM : $1.90B LAC : $0.00
Gross Profit (TTM) SSRM : $643.76M LAC : -$580.22K
EBITDA (TTM) SSRM : $835.27M LAC : -$52.10M

Return for Risk

SSRM vs. LAC — Risk / Return Rank

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

SSRM

SSRM Risk / Return Rank: 84
SSRM Sharpe Ratio Rank: 85
SSRM Sortino Ratio Rank: 80
SSRM Omega Ratio Rank: 80
SSRM Calmar Ratio Rank: 87
SSRM Martin Ratio Rank: 87

LAC

LAC Risk / Return Rank: 68
LAC Sharpe Ratio Rank: 61
LAC Sortino Ratio Rank: 79
LAC Omega Ratio Rank: 74
LAC Calmar Ratio Rank: 64
LAC Martin Ratio Rank: 59

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.

SSRM vs. LAC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SSR Mining Inc. (SSRM) and Lithium Americas Corp. (LAC). 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.

	SSRM	LAC	Difference
Sharpe ratio: Return per unit of total volatility	1.66	0.53	+1.13
Sortino ratio: Return per unit of downside risk	2.24	2.16	+0.08
Omega ratio: Gain probability vs. loss probability	1.29	1.25	+0.04
Calmar ratio: Return relative to maximum drawdown	3.55	1.10	+2.45
Martin ratio: Return relative to average drawdown	9.43	1.69	+7.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SSRM vs. LAC - Sharpe Ratio Comparison

The current SSRM Sharpe Ratio is 1.66, which is higher than the LAC Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of SSRM and LAC, 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

	SSRM	LAC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.66	0.53	+1.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.17	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.18	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	-0.26	+0.36

Drawdowns

SSRM vs. LAC - Drawdown Comparison

The maximum SSRM drawdown since its inception was -91.68%, which is greater than LAC's maximum drawdown of -81.83%. Use the drawdown chart below to compare losses from any high point for SSRM and LAC.

Drawdown Indicators

	SSRM	LAC	Difference
Max Drawdown Largest peak-to-trough decline	-91.68%	-81.83%	-9.85%
Max Drawdown (1Y) Largest decline over 1 year	-30.88%	-63.08%	+32.20%
Max Drawdown (3Y) Largest decline over 3 years	-73.41%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-83.16%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-83.16%	—	—
Current Drawdown Current decline from peak	-38.87%	-61.09%	+22.22%
Average Drawdown Average peak-to-trough decline	-57.17%	-63.22%	+6.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.59%	40.87%	-29.28%

Volatility

SSRM vs. LAC - Volatility Comparison

The current volatility for SSR Mining Inc. (SSRM) is 18.01%, while Lithium Americas Corp. (LAC) has a volatility of 21.31%. This indicates that SSRM experiences smaller price fluctuations and is considered to be less risky than LAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SSRM	LAC	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.01%	21.31%	-3.30%
Volatility (6M) Calculated over the trailing 6-month period	53.47%	52.78%	+0.69%
Volatility (1Y) Calculated over the trailing 1-year period	66.17%	132.10%	-65.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.82%	101.33%	-45.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.90%	101.33%	-48.43%

Dividends

SSRM vs. LAC - Dividend Comparison

Neither SSRM nor LAC has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
LAC Lithium Americas Corp.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SSRM SSR Mining Inc.	0.00%	0.00%	0.00%	2.60%	1.79%	1.13%

Financials

Frequently Asked Questions

Can I hold both SSRM and LAC in my portfolio?

SSRM and LAC have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SSRM or LAC?

LAC has higher volatility (21.31%) compared to SSRM (18.01%). In terms of maximum drawdown, SSRM dropped -91.68% vs LAC's -81.83%.

Which has better risk-adjusted returns?

SSRM currently has the higher Sharpe Ratio (1.66 vs 0.53), 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.