TMRC vs. TFPM

Last updated Jun 3, 2026

TMRC (Texas Rare Earth Resources Corp) and TFPM (Triple Flag Precious Metals Corp) are both stocks. Both are in the Basic Materials sector — TMRC in Other Industrial Metals & Mining, TFPM in Other Precious Metals & Mining. Over the past 3 years, TMRC returned 7.19%/yr vs 31.14%/yr for TFPM. At a 0.10 correlation, their price movements are largely independent.

Performance

TMRC vs. TFPM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Texas Rare Earth Resources Corp (TMRC) and Triple Flag Precious Metals Corp (TFPM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TMRC achieves a 91.15% return, which is significantly higher than TFPM's -6.59% return.

TMRC

• 1D: 1.74%
• 1M: 6.36%
• YTD: 91.15%
• 6M: 40.76%
• 1Y: 80.00%
• 3Y*: 7.19%
• 5Y*: -11.62%
• 10Y*: 25.57%

TFPM

• 1D: 1.74%
• 1M: -1.72%
• YTD: -6.59%
• 6M: -4.85%
• 1Y: 35.19%
• 3Y*: 31.14%
• 5Y*: —
• 10Y*: —

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

TMRC vs. TFPM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
TMRC Texas Rare Earth Resources Corp	91.15%	144.74%	-41.84%	-67.01%	-33.83%	37.28%
TFPM Triple Flag Precious Metals Corp	-6.59%	123.03%	14.60%	-1.81%	14.71%	33.50%

Correlation

The correlation between TMRC and TFPM is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (All Time) Calculated using the full available price history since Oct 1, 2021	0.10

The correlation between TMRC and TFPM shifts across timeframes, from 0.10 (all time) to 0.21 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap TMRC : $95.67M TFPM : $6.41B
EPS TMRC : -$0.03 TFPM : $1.51
PB Ratio TMRC : 22.42 TFPM : 2.97
Total Revenue (TTM) TMRC : $0.00 TFPM : $453.24M
Gross Profit (TTM) TMRC : $0.00 TFPM : $337.23M
EBITDA (TTM) TMRC : -$1.31M TFPM : $354.95M

Return for Risk

TMRC vs. TFPM — Risk / Return Rank

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

TMRC

TMRC Risk / Return Rank: 67
TMRC Sharpe Ratio Rank: 57
TMRC Sortino Ratio Rank: 75
TMRC Omega Ratio Rank: 71
TMRC Calmar Ratio Rank: 70
TMRC Martin Ratio Rank: 62

TFPM

TFPM Risk / Return Rank: 65
TFPM Sharpe Ratio Rank: 66
TFPM Sortino Ratio Rank: 59
TFPM Omega Ratio Rank: 59
TFPM Calmar Ratio Rank: 70
TFPM Martin Ratio Rank: 70

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.

TMRC vs. TFPM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Texas Rare Earth Resources Corp (TMRC) and Triple Flag Precious Metals Corp (TFPM). 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.

	TMRC	TFPM	Difference
Sharpe ratio Return per unit of total volatility	0.51	0.83	-0.32
Sortino ratio Return per unit of downside risk	2.06	1.26	+0.80
Omega ratio Gain probability vs. loss probability	1.24	1.17	+0.07
Calmar ratio Return relative to maximum drawdown	1.67	1.61	+0.07
Martin ratio Return relative to average drawdown	2.38	3.87	-1.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TMRC vs. TFPM - Sharpe Ratio Comparison

The current TMRC Sharpe Ratio is 0.51, which is lower than the TFPM Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of TMRC and TFPM, 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

	TMRC	TFPM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.51	0.83	-0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.11	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.24	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	0.85	-0.67

Drawdowns

TMRC vs. TFPM - Drawdown Comparison

The maximum TMRC drawdown since its inception was -95.42%, which is greater than TFPM's maximum drawdown of -36.48%. Use the drawdown chart below to compare losses from any high point for TMRC and TFPM.

Drawdown Indicators

	TMRC	TFPM	Difference
Max Drawdown Largest peak-to-trough decline	-95.42%	-36.48%	-58.94%
Max Drawdown (1Y) Largest decline over 1 year	-77.33%	-26.26%	-51.07%
Max Drawdown (3Y) Largest decline over 3 years	-83.33%	-26.26%	-57.07%
Max Drawdown (5Y) Largest decline over 5 years	-91.57%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-95.42%	—	—
Current Drawdown Current decline from peak	-74.51%	-24.98%	-49.53%
Average Drawdown Average peak-to-trough decline	-53.89%	-13.31%	-40.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	54.35%	10.89%	+43.46%

Volatility

TMRC vs. TFPM - Volatility Comparison

Texas Rare Earth Resources Corp (TMRC) has a higher volatility of 27.59% compared to Triple Flag Precious Metals Corp (TFPM) at 14.96%. This indicates that TMRC's price experiences larger fluctuations and is considered to be riskier than TFPM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TMRC	TFPM	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.59%	14.96%	+12.63%
Volatility (6M) Calculated over the trailing 6-month period	86.91%	32.90%	+54.01%
Volatility (1Y) Calculated over the trailing 1-year period	159.61%	42.83%	+116.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	109.05%	37.24%	+71.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	109.64%	37.24%	+72.40%

Dividends

TMRC vs. TFPM - Dividend Comparison

TMRC has not paid dividends to shareholders, while TFPM's dividend yield for the trailing twelve months is around 0.74%.

Position	TTM	2025	2024	2023	2022	2021
TFPM Triple Flag Precious Metals Corp	0.74%	0.68%	1.43%	1.54%	1.07%	0.39%
TMRC Texas Rare Earth Resources Corp	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both TMRC and TFPM in my portfolio?

TMRC and TFPM have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TMRC or TFPM?

TMRC has higher volatility (27.59%) compared to TFPM (14.96%). In terms of maximum drawdown, TMRC dropped -95.42% vs TFPM's -36.48%.

Which has better risk-adjusted returns?

TFPM currently has the higher Sharpe Ratio (0.83 vs 0.51), 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.