LAC vs IPX
Comparison between Lithium Americas Corp (NewCo) (LAC, Company) and IperionX Ltd (IPX, Company).
Both LAC and IPX are from the Basic Materials sector.
LAC vs IPX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
LAC
$1.44B
IPX
$1.43B
Max Drawdown
LAC
81.83%
Winner
IPX
65.86%
Sharpe Ratio
Winner
LAC
0.85
IPX
0.74
5Y Beta
LAC
1.57
Winner
IPX
1.48
Industry
LAC
Other Industrial Metals & Mining
IPX
Other Industrial Metals & Mining
P/E Ratio
LAC
-9.67
Winner
IPX
-61.27
Forward P/E
Winner
LAC
40.00
IPX
1666.67
PEG Ratio
Winner
LAC
-0.13
IPX
-0.00
5Y EPS CAGR
LAC
N/A
IPX
668.26%
Debt to Equity
Winner
LAC
0.00%
IPX
4.26%
Free Cash Flow Yield
LAC
-69.86%
Winner
IPX
-2.50%
P/S Ratio
LAC
177.97
IPX
N/A
P/B Ratio
Winner
LAC
1.08
IPX
19.09
LAC vs IPX - Historical Returns
Returns include dividend reinvestment.
1M
LAC
-18.67%
Winner
IPX
-10.94%
3M
Winner
LAC
-0.44%
IPX
-11.12%
6M
LAC
-11.52%
Winner
IPX
+1.07%
1Y
Winner
LAC
+72.24%
IPX
+32.34%
Max(CAGR)
LAC
-25.82%
Winner
IPX
+50.81%
LAC vs IPX - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | LAC | IPX |
|---|---|---|
| 2026 | -5.03% | -9.67% |
| 2025 | +42.48% | +2.22% |
| 2024 | -53.08% | +264.41% |
| 2023 | -36.82% | +85.57% |
| 2022 | N/A | -32.88% |
LAC vs IPX Drawdown Comparison
The maximum drawdown for LAC was -81.83%, occurring on Aug 12, 2024. This drawdown has not yet recovered.
The maximum drawdown for IPX was -65.86%, occurring on Apr 8, 2025. Recovery took 140 trading sessions.
The current LAC drawdown is -61.35%. The current IPX drawdown is -40.03%.
| Rank | LAC | IPX |
|---|---|---|
| #1 | -81.83% Oct 4, 2023 - Aug 12, 2024 | -65.86% Dec 30, 2024 - Jul 24, 2025 |
| #2 | -4.54% Oct 2, 2023 - Oct 4, 2023 | -63.43% Jan 23, 2026 - Mar 26, 2026 |
| #3 | N/A | -51.34% Oct 15, 2025 - Jan 23, 2026 |
| #4 | N/A | -49.21% Jun 13, 2023 - Feb 14, 2024 |
| #5 | N/A | -43.16% Jun 22, 2022 - Apr 21, 2023 |
| #6 | N/A | -31.91% Apr 24, 2023 - Jun 13, 2023 |
| #7 | N/A | -20.99% Jun 3, 2024 - Jul 2, 2024 |
| #8 | N/A | -19.70% Jul 3, 2024 - Aug 28, 2024 |
| #9 | N/A | -17.12% Oct 11, 2024 - Nov 8, 2024 |
| #10 | N/A | -15.29% Feb 15, 2024 - May 28, 2024 |
| #11 | N/A | -14.25% Dec 5, 2024 - Dec 26, 2024 |
| #12 | N/A | -13.27% Sep 5, 2025 - Sep 26, 2025 |
| #13 | N/A | -11.51% Aug 30, 2024 - Sep 25, 2024 |
| #14 | N/A | -8.45% Nov 11, 2024 - Nov 21, 2024 |
| #15 | N/A | -8.17% Aug 5, 2025 - Aug 15, 2025 |
Correlation
Correlation between LAC and IPX is -0.02 which considered as a very weak or no correlation - the stocks move independently of each other.
-0.02
-101
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