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AEM vs NEM stock comparison

AGNICO EAGLE MINES LIMITED vs NEWMONT CORPORATION, two Mining stocks. A side-by-side on valuation, growth, margins, returns, and what each price is betting.

The margin gap between the gold majors is real but modest, Agnico Eagle netting 37.5% of revenue against Newmont's 30.1%, and every other line tightens further: returns on equity of 18% and 21.4%, returns on assets near 13% both. The multiples do not tighten: 17.7 times for Agnico against 12.5 for Newmont, five turns of premium for the operator with the tidier jurisdiction map and the cleaner execution record. Newmont pays the bigger dividend, 1%, and yields more cash, 8.8% against 5.6%. Two definitional gold majors at the same point in the same cycle; the spread is entirely reputation, which in mining is another word for memory.

Comparison updated 2026-07-10.

AEM vs NEM: the numbers

MetricAEMNEM
Price$157.18$96.09
Market cap$78.9B$104.4B
SectorMiningMining
StageCyclicalCyclical
P/E17.712.5
P/B3.192.98
P/S6.634.18
EV/EBITDA39.4
Revenue growth+33.1%+26.8%
Net margin37.5%30.1%
Return on equity18.0%21.4%
Return on assets12.9%13.0%
FCF yield5.6%8.8%
Dividend yield0.4%1.0%
Debt / equity0.000.14
Current ratio2.022.44
Altman Z (solvency)5.523.50
Piotroski F (quality)8 / 98 / 9
Full AEM report → Full NEM report →
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The stronger value is highlighted per metric where one is strictly better on that single number; it is not an overall verdict on either company. For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.