SSRM vs. NEO.TO
SSRM (SSR Mining Inc.) and NEO.TO (Neo Performance Materials Inc.) are both stocks. Both are in the Basic Materials sector — SSRM in Gold, NEO.TO in Specialty Chemicals. Over the past 5 years, SSRM returned 9.84%/yr vs 13.77%/yr for NEO.TO. At a 0.16 correlation, their price movements are largely independent.
Performance
SSRM vs. NEO.TO - Performance Comparison
Loading charts...
Different Trading Currencies
SSRM is traded in USD, while NEO.TO is traded in CAD. To make them comparable, the NEO.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SSRM achieves a 24.22% return, which is significantly lower than NEO.TO's 112.10% return.
SSRM
- 1D
- 3.46%
- 1M
- -13.25%
- YTD
- 24.22%
- 6M
- 22.60%
- 1Y
- 114.24%
- 3Y*
- 25.15%
- 5Y*
- 9.84%
- 10Y*
- 9.58%
NEO.TO
- 1D
- 4.49%
- 1M
- 1.02%
- YTD
- 112.10%
- 6M
- 106.36%
- 1Y
- 178.92%
- 3Y*
- 61.28%
- 5Y*
- 13.77%
- 10Y*
- —
SSRM vs. NEO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SSRM SSR Mining Inc. | 24.22% | 214.94% | -35.32% | -29.94% | -10.02% | -10.90% | 4.41% | 59.31% | 37.54% | 11.27% |
NEO.TO Neo Performance Materials Inc. | 112.10% | 110.98% | 1.80% | -14.63% | -54.01% | 50.44% | 19.13% | -13.58% | -18.83% | 4.85% |
Correlation
The correlation between SSRM and NEO.TO is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 2017 | 0.16 |
The correlation between SSRM and NEO.TO shifts across timeframes, from 0.16 (all time) to 0.33 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
SSRM:
$5.93B
NEO.TO:
CA$1.40B
SSRM:
$3.27
NEO.TO:
-$0.24
SSRM:
3.11
NEO.TO:
2.00
SSRM:
1.34
NEO.TO:
2.61
SSRM:
$1.90B
NEO.TO:
$511.45M
SSRM:
$643.76M
NEO.TO:
$147.42M
SSRM:
$835.27M
NEO.TO:
$61.97M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SSRM vs. NEO.TO — Risk / Return Rank
SSRM
NEO.TO
SSRM vs. NEO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SSR Mining Inc. (SSRM) and Neo Performance Materials Inc. (NEO.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.
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.
| SSRM | NEO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.93 | ||
| Sortino ratioReturn per unit of downside risk | -0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.39 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.83 | 5.50 | -1.68 |
| Martin ratioReturn relative to average drawdown | 9.89 | 11.11 | -1.22 |
Loading charts...
Drawdowns
SSRM vs. NEO.TO - Drawdown Comparison
The maximum SSRM drawdown since its inception was -91.68%, which is greater than NEO.TO's maximum drawdown of -74.57%. Use the drawdown chart below to compare losses from any high point for SSRM and NEO.TO.
Loading charts...
Drawdown Indicators
| SSRM | NEO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.68% | -74.57% | -17.11% |
Max Drawdown (1Y)Largest decline over 1 year | -31.28% | -31.80% | +0.52% |
Max Drawdown (3Y)Largest decline over 3 years | -73.41% | -38.53% | -34.88% |
Max Drawdown (5Y)Largest decline over 5 years | -83.16% | -74.57% | -8.59% |
Max Drawdown (10Y)Largest decline over 10 years | -83.16% | — | — |
Current DrawdownCurrent decline from peak | -37.45% | -7.03% | -30.42% |
Average DrawdownAverage peak-to-trough decline | -57.15% | -37.05% | -20.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.09% | 15.73% | -3.64% |
Volatility
SSRM vs. NEO.TO - Volatility Comparison
The current volatility for SSR Mining Inc. (SSRM) is 19.31%, while Neo Performance Materials Inc. (NEO.TO) has a volatility of 25.91%. This indicates that SSRM experiences smaller price fluctuations and is considered to be less risky than NEO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SSRM | NEO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.31% | 25.91% | -6.60% |
Volatility (6M)Calculated over the trailing 6-month period | 54.27% | 45.15% | +9.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.63% | 64.39% | +2.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.93% | 54.25% | +1.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.96% | 53.18% | -0.22% |
Dividends
SSRM vs. NEO.TO - Dividend Comparison
SSRM has not paid dividends to shareholders, while NEO.TO's dividend yield for the trailing twelve months is around 1.19%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
NEO.TO Neo Performance Materials Inc. | 1.19% | 2.57% | 5.01% | 5.24% | 4.17% | 1.97% | 2.90% | 3.20% | 2.47% |
SSRM SSR Mining Inc. | 0.00% | 0.00% | 0.00% | 2.60% | 1.79% | 1.13% | 0.00% | 0.00% | 0.00% |
Financials
SSRM vs. NEO.TO - Financials Comparison
This section allows you to compare key financial metrics between SSR Mining Inc. and Neo Performance Materials Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
SSRM vs. NEO.TO - Profitability Comparison
SSRM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SSR Mining Inc. reported a gross profit of 0.00 and revenue of 581.78M. Therefore, the gross margin over that period was 0.0%.
NEO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Neo Performance Materials Inc. reported a gross profit of 47.82M and revenue of 152.42M. Therefore, the gross margin over that period was 31.4%.
SSRM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SSR Mining Inc. reported an operating income of 300.38M and revenue of 581.78M, resulting in an operating margin of 51.6%.
NEO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Neo Performance Materials Inc. reported an operating income of 26.12M and revenue of 152.42M, resulting in an operating margin of 17.1%.
SSRM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SSR Mining Inc. reported a net income of 369.74M and revenue of 581.78M, resulting in a net margin of 63.6%.
NEO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Neo Performance Materials Inc. reported a net income of -1.62M and revenue of 152.42M, resulting in a net margin of -1.1%.
Frequently Asked Questions
SSRM and NEO.TO have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for SSRM and NEO.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer