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Agnico Eagle Mines (AEM) Competitors

C$89.78
+2.02 (+2.30%)
(As of 06/10/2024 ET)

AEM vs. NGT, ABX, WPM, FNV, K, TNX, PAAS, AGI, YRI, and WFT

Should you be buying Agnico Eagle Mines stock or one of its competitors? The main competitors of Agnico Eagle Mines include Newmont (NGT), Barrick Gold (ABX), Wheaton Precious Metals (WPM), Franco-Nevada (FNV), Kinross Gold (K), TRX Gold (TNX), Pan American Silver (PAAS), Alamos Gold (AGI), Yamana Gold (YRI), and West Fraser Timber Co. Ltd. (WFT.TO) (WFT). These companies are all part of the "gold" industry.

Agnico Eagle Mines vs.

Agnico Eagle Mines (TSE:AEM) and Newmont (TSE:NGT) are both large-cap basic materials companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, valuation, profitability, media sentiment, institutional ownership, analyst recommendations, community ranking, dividends and risk.

Agnico Eagle Mines currently has a consensus price target of C$97.50, suggesting a potential upside of 11.10%. Newmont has a consensus price target of C$59.00, suggesting a potential upside of 6.17%. Given Agnico Eagle Mines' stronger consensus rating and higher probable upside, analysts clearly believe Agnico Eagle Mines is more favorable than Newmont.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Agnico Eagle Mines
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00
Newmont
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Agnico Eagle Mines has higher earnings, but lower revenue than Newmont. Newmont is trading at a lower price-to-earnings ratio than Agnico Eagle Mines, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Agnico Eagle MinesC$6.95B6.29C$471.61MC$1.0881.26
NewmontC$13.16B4.86-C$2.69B-C$4.47-12.43

71.3% of Agnico Eagle Mines shares are held by institutional investors. Comparatively, 71.0% of Newmont shares are held by institutional investors. 0.1% of Agnico Eagle Mines shares are held by insiders. Comparatively, 0.1% of Newmont shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Agnico Eagle Mines pays an annual dividend of C$2.15 per share and has a dividend yield of 2.4%. Newmont pays an annual dividend of C$1.37 per share and has a dividend yield of 2.5%. Agnico Eagle Mines pays out 199.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Newmont pays out -30.6% of its earnings in the form of a dividend. Newmont is clearly the better dividend stock, given its higher yield and lower payout ratio.

Agnico Eagle Mines has a net margin of 6.79% compared to Newmont's net margin of -20.33%. Agnico Eagle Mines' return on equity of 2.39% beat Newmont's return on equity.

Company Net Margins Return on Equity Return on Assets
Agnico Eagle Mines6.79% 2.39% 3.24%
Newmont -20.33%-10.98%1.54%

Agnico Eagle Mines has a beta of 1.04, suggesting that its stock price is 4% more volatile than the S&P 500. Comparatively, Newmont has a beta of 0.49, suggesting that its stock price is 51% less volatile than the S&P 500.

Agnico Eagle Mines received 463 more outperform votes than Newmont when rated by MarketBeat users. However, 64.00% of users gave Newmont an outperform vote while only 60.51% of users gave Agnico Eagle Mines an outperform vote.

CompanyUnderperformOutperform
Agnico Eagle MinesOutperform Votes
495
60.51%
Underperform Votes
323
39.49%
NewmontOutperform Votes
32
64.00%
Underperform Votes
18
36.00%

In the previous week, Agnico Eagle Mines had 10 more articles in the media than Newmont. MarketBeat recorded 10 mentions for Agnico Eagle Mines and 0 mentions for Newmont. Agnico Eagle Mines' average media sentiment score of 0.87 beat Newmont's score of 0.71 indicating that Agnico Eagle Mines is being referred to more favorably in the media.

Company Overall Sentiment
Agnico Eagle Mines Positive
Newmont Positive

Summary

Agnico Eagle Mines beats Newmont on 15 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding AEM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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AEM vs. The Competition

MetricAgnico Eagle MinesGold IndustryMaterials SectorTSE Exchange
Market CapC$43.72BC$1.17BC$2.55BC$3.93B
Dividend Yield2.29%5.85%5.28%7.12%
P/E Ratio81.26184.35123.0525.04
Price / Sales6.291,643.76805,994.601,790.77
Price / Cash36.3920.5523.1272.85
Price / Book2.233.713.193.45
Net IncomeC$471.61M-C$10.78MC$156.03MC$257.67M
7 Day Performance-6.21%-0.94%-0.51%-0.58%
1 Month Performance-6.17%-1.13%1.38%-0.74%
1 Year Performance29.00%17.60%9.67%15.32%

Agnico Eagle Mines Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NGT
Newmont
0.2236 of 5 stars
C$55.45
-2.9%
C$59.00
+6.4%
+0.3%C$63.77BC$13.16B-12.4021,700Analyst Forecast
News Coverage
ABX
Barrick Gold
3.6014 of 5 stars
C$22.54
-5.1%
C$29.73
+31.9%
-1.9%C$39.67BC$11.50B19.9517,500Positive News
WPM
Wheaton Precious Metals
1.1502 of 5 stars
C$72.20
-3.9%
C$84.33
+16.8%
N/AC$32.73BC$1.10B40.7942
FNV
Franco-Nevada
1.8621 of 5 stars
C$162.58
-4.0%
C$191.17
+17.6%
-16.9%C$31.27BC$1.20B-46.9938
K
Kinross Gold
3.1167 of 5 stars
C$10.48
-5.0%
C$11.88
+13.3%
+57.3%C$12.89BC$4.39B21.392,021
TNX
TRX Gold
0 of 5 stars
C$44.02
-2.5%
N/AN/AC$12.29BC$38.01M47.00130
PAAS
Pan American Silver
0.1748 of 5 stars
C$27.65
-6.6%
C$29.31
+6.0%
+33.1%C$10.04BC$2.53B-41.896,200Analyst Forecast
AGI
Alamos Gold
1.5066 of 5 stars
C$22.38
-3.0%
C$22.55
+0.8%
+33.2%C$8.91BC$1.05B31.521,900Insider Selling
YRI
Yamana Gold
0 of 5 stars
N/AN/AN/AC$7.59BC$1.81B-5.725,091High Trading Volume
WFT
West Fraser Timber Co. Ltd. (WFT.TO)
0 of 5 stars
C$81.94
-2.5%
N/AN/AC$5.63BC$5.29B15.298,200High Trading Volume

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This page (TSE:AEM) was last updated on 6/10/2024 by MarketBeat.com Staff

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