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IPX vs MLTX

Comparison between IperionX Ltd (IPX, Company) and MoonLake Immunotherapeutics - Class A (MLTX, Company).

IPX is from the Basic Materials sector, while MLTX is from the Healthcare sector.

IPX vs MLTX - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
Winner
IPX
$1.43B
MLTX
$1.42B
Max Drawdown
Winner
IPX
65.86%
MLTX
90.22%
Sharpe Ratio
IPX
-0.09
Winner
MLTX
0.55
5Y Beta
IPX
1.51
Winner
MLTX
0.95
Industry
IPX
Other Industrial Metals & Mining
MLTX
Biotechnology
P/E Ratio
Winner
IPX
-61.27
MLTX
-5.57
Forward P/E
IPX
1666.67
MLTX
N/A
PEG Ratio
IPX
-0.00
Winner
MLTX
-0.03
5Y EPS CAGR
IPX
668.26%
MLTX
N/A
Debt to Equity
Winner
IPX
4.26%
MLTX
38.98%
Free Cash Flow Yield
Winner
IPX
-2.50%
MLTX
-15.76%
P/B Ratio
IPX
19.09
Winner
MLTX
6.42

IPX vs MLTX - Historical Returns

Returns include dividend reinvestment.

1M
IPX
-21.17%
Winner
MLTX
-9.48%
3M
IPX
-19.36%
Winner
MLTX
+16.49%
6M
IPX
-53.82%
Winner
MLTX
+20.05%
1Y
Winner
IPX
-29.33%
MLTX
-62.55%
5Y(CAGR)
Winner
IPX
+34.98%
MLTX
+14.94%
Max(CAGR)
Winner
IPX
+34.98%
MLTX
+11.94%

IPX vs MLTX - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

YearIPXMLTX
2026-39.99%+67.87%
2025+2.22%-75.40%
2024+264.41%-9.07%
2023+85.57%+447.76%
2022-32.88%+5.85%
2021N/A-8.76%
2020N/A+8.39%

IPX vs MLTX Drawdown Comparison

The maximum drawdown for IPX was -65.86%, occurring on Apr 8, 2025. Recovery took 140 trading sessions.

The maximum drawdown for MLTX was -90.22%, occurring on Sep 29, 2025. This drawdown has not yet recovered.

The current IPX drawdown is -60.16%. The current MLTX drawdown is -68.59%.

RankIPXMLTX
#1-65.86%
Dec 30, 2024 - Jul 24, 2025
-90.22%
Feb 12, 2024 - Sep 29, 2025
#2-63.43%
Jan 23, 2026 - Mar 26, 2026
-64.60%
Apr 5, 2022 - Feb 7, 2023
#3-51.34%
Oct 15, 2025 - Jan 23, 2026
-41.80%
Oct 5, 2023 - Dec 27, 2023
#4-49.21%
Jun 13, 2023 - Feb 14, 2024
-25.65%
Feb 18, 2021 - Apr 5, 2022
#5-43.16%
Jun 22, 2022 - Apr 21, 2023
-19.79%
Mar 8, 2023 - Apr 24, 2023
#6-31.91%
Apr 24, 2023 - Jun 13, 2023
-18.38%
Jul 28, 2023 - Oct 5, 2023
#7-20.99%
Jun 3, 2024 - Jul 2, 2024
-15.06%
Dec 27, 2023 - Feb 9, 2024
#8-19.70%
Jul 3, 2024 - Aug 28, 2024
-14.12%
Apr 24, 2023 - May 4, 2023
#9-17.12%
Oct 11, 2024 - Nov 8, 2024
-12.27%
Jun 9, 2023 - Jun 26, 2023
#10-15.29%
Feb 15, 2024 - May 28, 2024
-7.95%
Jul 19, 2023 - Jul 26, 2023
#11-14.25%
Dec 5, 2024 - Dec 26, 2024
-7.48%
Jul 5, 2023 - Jul 14, 2023
#12-13.27%
Sep 5, 2025 - Sep 26, 2025
-5.83%
Oct 22, 2020 - Dec 1, 2020
#13-11.51%
Aug 30, 2024 - Sep 25, 2024
-5.45%
May 10, 2023 - May 25, 2023
#14-8.45%
Nov 11, 2024 - Nov 21, 2024
-5.45%
Dec 31, 2020 - Jan 8, 2021
#15-8.17%
Aug 5, 2025 - Aug 15, 2025
-4.78%
Jan 8, 2021 - Feb 11, 2021

Correlation

Correlation between IPX and MLTX is -0.06 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.06
-101

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