TI.TO vs. HBM

Last updated Jun 4, 2026

TI.TO (Titan Mining Corporation) and HBM (Hudbay Minerals Inc.) are both stocks. Both are in the Basic Materials sector — TI.TO in Other Industrial Metals & Mining, HBM in Copper. Over the past 5 years, TI.TO returned 38.14%/yr vs 35.79%/yr for HBM. At a 0.15 correlation, their price movements are largely independent.

Performance

TI.TO vs. HBM - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Titan Mining Corporation (TI.TO) and Hudbay Minerals Inc. (HBM). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, TI.TO achieves a -16.10% return, which is significantly lower than HBM's 54.79% return.

TI.TO

• 1D: -4.44%
• 1M: -11.75%
• YTD: -16.10%
• 6M: -9.52%
• 1Y: 277.78%
• 3Y*: 66.68%
• 5Y*: 38.14%
• 10Y*: —

HBM

• 1D: -4.44%
• 1M: 42.10%
• YTD: 54.79%
• 6M: 73.79%
• 1Y: 228.52%
• 3Y*: 87.79%
• 5Y*: 35.79%
• 10Y*: 23.18%

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

TI.TO vs. HBM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TI.TO Titan Mining Corporation	-16.10%	741.53%	-8.96%	-27.49%	-21.08%	-20.21%	189.66%	-73.64%	-9.84%	-8.27%
HBM Hudbay Minerals Inc.	54.79%	134.20%	59.67%	6.83%	-24.88%	2.88%	66.63%	-16.11%	-41.64%	12.96%

Correlation

The correlation between TI.TO and HBM is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.15
Correlation (All Time) Calculated using the full available price history since Oct 20, 2017	0.15

The correlation between TI.TO and HBM shifts across timeframes, from 0.15 (5 years) to 0.35 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap TI.TO : CA$309.09M HBM : $12.09B
EPS TI.TO : -CA$0.14 HBM : $1.65
PS Ratio TI.TO : 4.06 HBM : 5.10
PB Ratio TI.TO : 16.55 HBM : 3.41
Total Revenue (TTM) TI.TO : CA$75.92M HBM : $2.37B
Gross Profit (TTM) TI.TO : CA$14.88M HBM : $828.54M
EBITDA (TTM) TI.TO : CA$11.45M HBM : $1.54B

Return for Risk

TI.TO vs. HBM — Risk / Return Rank

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

TI.TO

TI.TO Risk / Return Rank: 90
TI.TO Sharpe Ratio Rank: 93
TI.TO Sortino Ratio Rank: 92
TI.TO Omega Ratio Rank: 88
TI.TO Calmar Ratio Rank: 91
TI.TO Martin Ratio Rank: 88

HBM

HBM Risk / Return Rank: 94
HBM Sharpe Ratio Rank: 97
HBM Sortino Ratio Rank: 94
HBM Omega Ratio Rank: 93
HBM Calmar Ratio Rank: 94
HBM Martin Ratio Rank: 95

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.

TI.TO vs. HBM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Titan Mining Corporation (TI.TO) and Hudbay Minerals Inc. (HBM). 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.

	TI.TO	HBM	Difference
Sharpe ratio Return per unit of total volatility	2.77	4.18	-1.41
Sortino ratio Return per unit of downside risk	3.45	3.98	-0.52
Omega ratio Gain probability vs. loss probability	1.39	1.52	-0.12
Calmar ratio Return relative to maximum drawdown	5.09	6.43	-1.34
Martin ratio Return relative to average drawdown	10.37	20.97	-10.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TI.TO vs. HBM - Sharpe Ratio Comparison

The current TI.TO Sharpe Ratio is 2.77, which is lower than the HBM Sharpe Ratio of 4.18. The chart below compares the historical Sharpe Ratios of TI.TO and HBM, 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

	TI.TO	HBM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.77	4.18	-1.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	0.69	-0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.21	-0.13

Drawdowns

TI.TO vs. HBM - Drawdown Comparison

The maximum TI.TO drawdown since its inception was -91.19%, roughly equal to the maximum HBM drawdown of -88.82%. Use the drawdown chart below to compare losses from any high point for TI.TO and HBM.

Drawdown Indicators

	TI.TO	HBM	Difference
Max Drawdown Largest peak-to-trough decline	-91.19%	-88.82%	-2.37%
Max Drawdown (1Y) Largest decline over 1 year	-54.99%	-35.78%	-19.21%
Max Drawdown (3Y) Largest decline over 3 years	-57.45%	-38.48%	-18.97%
Max Drawdown (5Y) Largest decline over 5 years	-72.72%	-62.32%	-10.40%
Max Drawdown (10Y) Largest decline over 10 years	—	-84.08%	—
Current Drawdown Current decline from peak	-53.99%	-4.44%	-49.55%
Average Drawdown Average peak-to-trough decline	-57.50%	-46.63%	-10.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.93%	10.95%	+15.98%

Volatility

TI.TO vs. HBM - Volatility Comparison

Titan Mining Corporation (TI.TO) has a higher volatility of 24.00% compared to Hudbay Minerals Inc. (HBM) at 19.22%. This indicates that TI.TO's price experiences larger fluctuations and is considered to be riskier than HBM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TI.TO	HBM	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.00%	19.22%	+4.78%
Volatility (6M) Calculated over the trailing 6-month period	66.59%	43.13%	+23.46%
Volatility (1Y) Calculated over the trailing 1-year period	101.18%	55.05%	+46.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	85.76%	51.99%	+33.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	90.87%	55.84%	+35.03%

Dividends

TI.TO vs. HBM - Dividend Comparison

TI.TO has not paid dividends to shareholders, while HBM's dividend yield for the trailing twelve months is around 0.05%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HBM Hudbay Minerals Inc.	0.05%	0.07%	0.17%	0.31%	0.32%	0.22%	0.21%	0.36%	0.38%	0.23%	0.35%	0.52%
TI.TO Titan Mining Corporation	0.00%	0.00%	0.00%	2.99%	8.51%	3.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

TI.TO vs. HBM - Profitability Comparison

The chart below illustrates the profitability comparison between Titan Mining Corporation and Hudbay Minerals Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TI.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Titan Mining Corporation reported a gross profit of 4.31M and revenue of 18.70M. Therefore, the gross margin over that period was 23.0%.

HBM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hudbay Minerals Inc. reported a gross profit of 340.81M and revenue of 745.43M. Therefore, the gross margin over that period was 45.7%.

TI.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Titan Mining Corporation reported an operating income of -193.77K and revenue of 18.70M, resulting in an operating margin of -1.0%.

HBM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hudbay Minerals Inc. reported an operating income of 297.62M and revenue of 745.43M, resulting in an operating margin of 39.9%.

TI.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Titan Mining Corporation reported a net income of -13.15M and revenue of 18.70M, resulting in a net margin of -70.3%.

HBM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hudbay Minerals Inc. reported a net income of 187.76M and revenue of 745.43M, resulting in a net margin of 25.2%.

Frequently Asked Questions

Can I hold both TI.TO and HBM in my portfolio?

TI.TO and HBM have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.