NB vs ASC

Comparison between NioCorp Developments Ltd (NB, Company) and Ardmore Shipping Corp (ASC, Company).

NB is from the Basic Materials sector, while ASC is from the Industrials sector.

5-Year PerformanceASC has outperformed NB, delivering a return of +41.7% compared to -15.8%

NB vs ASC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NB(COMPANY)	ASC(COMPANY)
Market Cap	$651M	$654M
Max Drawdown	90.44%	82.58%
Sharpe Ratio	0.78	1.51
5Y Beta	0.87	0.42
Industry	Other Industrial Metals & Mining	Marine Shipping
P/E Ratio	-7.40	15.95
Forward P/E	N/A	3.38
PEG Ratio	-0.04	-6.04
Dividend Yield	N/A	3.99%
5Y EPS CAGR	28.70%	N/A
Debt to Equity	0.00%	20.02%
Free Cash Flow Yield	-2.56%	12.48%
P/S Ratio	N/A	2.02
P/B Ratio	1.49	1.01

Market Cap

$651M

Winner

ASC

$654M

Max Drawdown

90.44%

Winner

ASC

82.58%

Sharpe Ratio

0.78

Winner

ASC

1.51

5Y Beta

0.87

Winner

ASC

0.42

Industry

Other Industrial Metals & Mining

ASC

Marine Shipping

P/E Ratio

Winner

-7.40

ASC

15.95

Forward P/E

N/A

ASC

3.38

PEG Ratio

-0.04

Winner

ASC

-6.04

Dividend Yield

N/A

ASC

3.99%

5Y EPS CAGR

28.70%

ASC

N/A

Debt to Equity

Winner

0.00%

ASC

20.02%

Free Cash Flow Yield

-2.56%

Winner

ASC

12.48%

P/S Ratio

N/A

ASC

2.02

P/B Ratio

1.49

Winner

ASC

1.01

NB vs ASC - Historical Returns

Returns include dividend reinvestment.

Period	NB	ASC
1 month	-11.20%	-7.32%
3 months	-23.91%	+4.83%
6 months	-43.38%	+43.37%
1 year	+32.12%	+66.21%
5 years(CAGR)	-15.80%	+41.66%
10 years(CAGR)	-5.22%	+11.10%
Max(CAGR)	+1.44%	+4.61%

-11.20%

Winner

ASC

-7.32%

-23.91%

Winner

ASC

+4.83%

-43.38%

Winner

ASC

+43.37%

+32.12%

Winner

ASC

+66.21%

5Y(CAGR)

-15.80%

Winner

ASC

+41.66%

10Y(CAGR)

-5.22%

Winner

ASC

+11.10%

Max(CAGR)

+1.44%

Winner

ASC

+4.61%

NB vs ASC - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	NB	ASC
2026	-26.72%	+63.40%
2025	+248.68%	-12.37%
2024	-50.95%	-9.54%
2023	-59.34%	+9.22%
2022	-28.16%	+298.07%
2021	+58.39%	+2.42%
2020	-1.09%	-63.24%
2019	+34.26%	+95.04%
2018	-23.50%	-42.35%
2017	+6.12%	+6.67%
2016	+50.67%	-37.00%
2015	N/A	+11.17%
2014	N/A	-15.39%
2013	N/A	+15.84%

NB vs ASC Drawdown Comparison

The maximum drawdown for NB was -90.44%, occurring on Nov 26, 2024. This drawdown has not yet recovered.

The maximum drawdown for ASC was -80.14%, occurring on Nov 4, 2020. Recovery took 1762 trading sessions.

The current NB drawdown is -67.94%. The current ASC drawdown is -21.06%.

Rank	NB	ASC
#1	-90.44% Jun 30, 2021 - Nov 26, 2024	-80.14% Nov 2, 2015 - Nov 1, 2022
#2	-65.81% Mar 14, 2016 - Feb 24, 2021	-61.41% May 21, 2024 - Apr 8, 2025
#3	-22.71% Mar 16, 2021 - Jun 30, 2021	-40.18% Jun 12, 2014 - Jul 20, 2015
#4	-18.81% Feb 22, 2016 - Mar 7, 2016	-35.16% Mar 2, 2023 - May 3, 2024
#5	-18.05% Feb 25, 2021 - Mar 15, 2021	-31.02% Jul 20, 2015 - Nov 2, 2015
#6	-7.56% Feb 4, 2016 - Feb 19, 2016	-19.69% Dec 31, 2013 - Jun 12, 2014
#7	-3.43% Jan 19, 2016 - Jan 22, 2016	-18.87% Dec 2, 2022 - Feb 7, 2023
#8	-3.30% Jan 26, 2016 - Feb 1, 2016	-16.50% Aug 22, 2013 - Dec 19, 2013
#9	-2.41% Jan 6, 2016 - Jan 12, 2016	-6.34% Feb 15, 2023 - Mar 1, 2023
#10	-1.16% Jan 12, 2016 - Jan 19, 2016	-5.22% Nov 8, 2022 - Nov 18, 2022
#11	N/A	-4.49% Nov 22, 2022 - Nov 25, 2022
#12	N/A	-3.82% Nov 25, 2022 - Dec 2, 2022
#13	N/A	-3.58% Feb 9, 2023 - Feb 14, 2023
#14	N/A	-3.37% Feb 7, 2023 - Feb 9, 2023
#15	N/A	-2.21% Nov 4, 2022 - Nov 8, 2022

Correlation

Correlation between NB and ASC is -0.48 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.48

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