USA.TO vs. ASTS

Last updated Jun 4, 2026

USA.TO (Americas Gold and Silver Corporation) and ASTS (AST SpaceMobile, Inc.) are both stocks. USA.TO operates in Other Industrial Metals & Mining (Basic Materials), while ASTS operates in Telecom Services (Communication Services). Over the past 5 years, USA.TO returned 9.56%/yr vs 72.04%/yr for ASTS. At a 0.10 correlation, their price movements are largely independent.

Performance

USA.TO vs. ASTS - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Americas Gold and Silver Corporation (USA.TO) and AST SpaceMobile, Inc. (ASTS). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, USA.TO achieves a 16.62% return, which is significantly lower than ASTS's 50.22% return.

USA.TO

• 1D: -7.34%
• 1M: 2.88%
• YTD: 16.62%
• 6M: 30.32%
• 1Y: 212.76%
• 3Y*: 79.27%
• 5Y*: 9.56%
• 10Y*: -2.15%

ASTS

• 1D: -8.46%
• 1M: 60.57%
• YTD: 50.22%
• 6M: 74.66%
• 1Y: 333.36%
• 3Y*: 170.74%
• 5Y*: 72.04%
• 10Y*: —

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

USA.TO vs. ASTS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
USA.TO Americas Gold and Silver Corporation	16.62%	402.86%	69.70%	-57.14%	-24.51%	-75.00%	0.25%	-0.73%
ASTS AST SpaceMobile, Inc.	50.22%	228.43%	279.98%	22.35%	-34.97%	-42.06%	35.26%	-0.23%

Correlation

The correlation between USA.TO and ASTS is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (All Time) Calculated using the full available price history since Nov 4, 2019	0.10

The correlation between USA.TO and ASTS shifts across timeframes, from 0.10 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap USA.TO : CA$2.84B ASTS : $31.32B
EPS USA.TO : -CA$0.19 ASTS : -$1.84
PS Ratio USA.TO : 15.70 ASTS : 336.59
PB Ratio USA.TO : 11.89 ASTS : 11.77
Total Revenue (TTM) USA.TO : CA$161.35M ASTS : $84.94M
Gross Profit (TTM) USA.TO : CA$49.57M ASTS : -$22.93M
EBITDA (TTM) USA.TO : -CA$9.09M ASTS : -$536.80M

Return for Risk

USA.TO vs. ASTS — Risk / Return Rank

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

USA.TO

USA.TO Risk / Return Rank: 84
USA.TO Sharpe Ratio Rank: 77
USA.TO Sortino Ratio Rank: 86
USA.TO Omega Ratio Rank: 92
USA.TO Calmar Ratio Rank: 85
USA.TO Martin Ratio Rank: 82

ASTS

ASTS Risk / Return Rank: 91
ASTS Sharpe Ratio Rank: 95
ASTS Sortino Ratio Rank: 88
ASTS Omega Ratio Rank: 85
ASTS Calmar Ratio Rank: 95
ASTS Martin Ratio Rank: 91

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.

USA.TO vs. ASTS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Americas Gold and Silver Corporation (USA.TO) and AST SpaceMobile, Inc. (ASTS). 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.

	USA.TO	ASTS	Difference
Sharpe ratio: Return per unit of total volatility	1.26	3.22	-1.95
Sortino ratio: Return per unit of downside risk	2.86	3.10	-0.25
Omega ratio: Gain probability vs. loss probability	1.48	1.36	+0.11
Calmar ratio: Return relative to maximum drawdown	3.57	7.12	-3.55
Martin ratio: Return relative to average drawdown	7.29	14.30	-7.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

USA.TO vs. ASTS - Sharpe Ratio Comparison

The current USA.TO Sharpe Ratio is 1.26, which is lower than the ASTS Sharpe Ratio of 3.22. The chart below compares the historical Sharpe Ratios of USA.TO and ASTS, 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

	USA.TO	ASTS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.26	3.22	-1.95
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.10	0.65	-0.56
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.03	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.06	0.46	-0.52

Drawdowns

USA.TO vs. ASTS - Drawdown Comparison

The maximum USA.TO drawdown since its inception was -99.42%, which is greater than ASTS's maximum drawdown of -90.45%. Use the drawdown chart below to compare losses from any high point for USA.TO and ASTS.

Drawdown Indicators

	USA.TO	ASTS	Difference
Max Drawdown Largest peak-to-trough decline	-99.42%	-90.45%	-8.97%
Max Drawdown (1Y) Largest decline over 1 year	-60.06%	-47.18%	-12.88%
Max Drawdown (3Y) Largest decline over 3 years	-60.06%	-69.80%	+9.74%
Max Drawdown (5Y) Largest decline over 5 years	-86.67%	-84.75%	-1.92%
Max Drawdown (10Y) Largest decline over 10 years	-95.33%	—	—
Current Drawdown Current decline from peak	-93.16%	-18.75%	-74.41%
Average Drawdown Average peak-to-trough decline	-82.01%	-43.11%	-38.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.32%	23.44%	+5.88%

Volatility

USA.TO vs. ASTS - Volatility Comparison

The current volatility for Americas Gold and Silver Corporation (USA.TO) is 28.95%, while AST SpaceMobile, Inc. (ASTS) has a volatility of 40.68%. This indicates that USA.TO experiences smaller price fluctuations and is considered to be less risky than ASTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USA.TO	ASTS	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.95%	40.68%	-11.73%
Volatility (6M) Calculated over the trailing 6-month period	66.34%	83.60%	-17.26%
Volatility (1Y) Calculated over the trailing 1-year period	170.37%	104.50%	+65.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	97.69%	110.81%	-13.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	82.49%	99.83%	-17.34%

Dividends

USA.TO vs. ASTS - Dividend Comparison

Neither USA.TO nor ASTS has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both USA.TO and ASTS in my portfolio?

USA.TO and ASTS have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.