VLE.TO vs. CNL

Last updated Apr 1, 2026

Compare and contrast key facts about Valeura Energy Inc. (VLE.TO) and Collective Mining Ltd (CNL).

Performance

VLE.TO vs. CNL - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Valeura Energy Inc. (VLE.TO) and Collective Mining Ltd (CNL). The values are adjusted to include any dividend payments, if applicable.

VLE.TO vs. CNL - Yearly Performance Comparison

	2026 (YTD)	2025	2024
VLE.TO Valeura Energy Inc.	66.99%	12.67%	69.23%
CNL Collective Mining Ltd	28.13%	234.63%	63.77%

Different Trading Currencies

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

Fundamentals

EPS VLE.TO : CA$0.22 CNL : -$0.91
Total Revenue (TTM) VLE.TO : CA$663.04M CNL : $0.00
Gross Profit (TTM) VLE.TO : CA$248.83M CNL : -$97.50K
EBITDA (TTM) VLE.TO : CA$308.11M CNL : -$48.35M

Returns By Period

In the year-to-date period, VLE.TO achieves a 66.99% return, which is significantly higher than CNL's 28.13% return.

VLE.TO

• 1D: -7.45%
• 1M: 24.86%
• YTD: 66.99%
• 6M: 92.94%
• 1Y: 50.77%
• 3Y*: 66.87%
• 5Y*: 88.76%
• 10Y*: 35.19%

CNL

• 1D: 4.68%
• 1M: -7.72%
• YTD: 28.13%
• 6M: 24.80%
• 1Y: 106.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

VLE.TO vs. CNL — Risk / Return Rank

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

VLE.TO

VLE.TO Risk / Return Rank: 76
VLE.TO Sharpe Ratio Rank: 77
VLE.TO Sortino Ratio Rank: 77
VLE.TO Omega Ratio Rank: 74
VLE.TO Calmar Ratio Rank: 80
VLE.TO Martin Ratio Rank: 74

CNL

CNL Risk / Return Rank: 82
CNL Sharpe Ratio Rank: 85
CNL Sortino Ratio Rank: 80
CNL Omega Ratio Rank: 76
CNL Calmar Ratio Rank: 87
CNL Martin Ratio Rank: 83

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.

VLE.TO vs. CNL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Valeura Energy Inc. (VLE.TO) and Collective Mining Ltd (CNL). 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.

	VLE.TO	CNL	Difference
Sharpe ratio Return per unit of total volatility	0.88	1.59	-0.71
Sortino ratio Return per unit of downside risk	1.61	2.13	-0.53
Omega ratio Gain probability vs. loss probability	1.20	1.26	-0.06
Calmar ratio Return relative to maximum drawdown	1.58	3.23	-1.66
Martin ratio Return relative to average drawdown	2.96	6.98	-4.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VLE.TO vs. CNL - Sharpe Ratio Comparison

The current VLE.TO Sharpe Ratio is 0.88, which is lower than the CNL Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of VLE.TO and CNL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VLE.TO	CNL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.88	1.59	-0.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.09	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.02	3.45	-3.43

Correlation

The correlation between VLE.TO and CNL is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

VLE.TO vs. CNL - Dividend Comparison

Neither VLE.TO nor CNL has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

VLE.TO vs. CNL - Drawdown Comparison

The maximum VLE.TO drawdown since its inception was -98.16%, which is greater than CNL's maximum drawdown of -32.52%. Use the drawdown chart below to compare losses from any high point for VLE.TO and CNL.

Drawdown Indicators

	VLE.TO	CNL	Difference
Max Drawdown Largest peak-to-trough decline	-98.16%	-33.29%	-64.87%
Max Drawdown (1Y) Largest decline over 1 year	-33.55%	-33.29%	-0.26%
Max Drawdown (5Y) Largest decline over 5 years	-46.06%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-96.93%	—	—
Current Drawdown Current decline from peak	-3.40%	-11.08%	+7.68%
Average Drawdown Average peak-to-trough decline	-75.81%	-9.17%	-66.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.90%	15.42%	+2.48%

Volatility

VLE.TO vs. CNL - Volatility Comparison

The current volatility for Valeura Energy Inc. (VLE.TO) is 19.48%, while Collective Mining Ltd (CNL) has a volatility of 26.67%. This indicates that VLE.TO experiences smaller price fluctuations and is considered to be less risky than CNL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VLE.TO	CNL	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.48%	26.67%	-7.19%
Volatility (6M) Calculated over the trailing 6-month period	31.97%	53.09%	-21.12%
Volatility (1Y) Calculated over the trailing 1-year period	57.95%	67.30%	-9.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	82.06%	63.49%	+18.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	88.65%	63.49%	+25.16%

Financials