ABX.TO vs. AEM.TO
Compare and contrast key facts about Barrick Gold Corporation (ABX.TO) and Agnico Eagle Mines Limited (AEM.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABX.TO or AEM.TO.
Key characteristics
| ABX.TO | AEM.TO | |
|---|---|---|
| YTD Return | 2.15% | 32.47% |
| 1Y Return | 3.15% | 35.85% |
| 3Y Return (Ann) | -5.49% | 5.94% |
| 5Y Return (Ann) | 9.77% | 14.30% |
| 10Y Return (Ann) | 4.27% | 12.54% |
| Sharpe Ratio | -0.00 | 1.25 |
| Daily Std Dev | 27.12% | 26.32% |
| Max Drawdown | -84.54% | -84.27% |
| Current Drawdown | -47.32% | -7.22% |
Fundamentals
| ABX.TO | AEM.TO | |
|---|---|---|
| Market Cap | CA$40.63B | CA$46.60B |
| EPS | CA$1.12 | CA$1.08 |
| PE Ratio | 20.66 | 86.60 |
| PEG Ratio | 2.23 | 28.26 |
| Revenue (TTM) | CA$11.50B | CA$6.95B |
| Gross Profit (TTM) | CA$3.47B | CA$3.10B |
| EBITDA (TTM) | CA$4.99B | CA$3.39B |
Correlation
The correlation between ABX.TO and AEM.TO is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ABX.TO vs. AEM.TO - Performance Comparison
In the year-to-date period, ABX.TO achieves a 2.15% return, which is significantly lower than AEM.TO's 32.47% return. Over the past 10 years, ABX.TO has underperformed AEM.TO with an annualized return of 4.27%, while AEM.TO has yielded a comparatively higher 12.54% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ABX.TO vs. AEM.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Barrick Gold Corporation (ABX.TO) and Agnico Eagle Mines Limited (AEM.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ABX.TO vs. AEM.TO - Dividend Comparison
ABX.TO's dividend yield for the trailing twelve months is around 1.64%, less than AEM.TO's 1.68% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABX.TO Barrick Gold Corporation | 1.64% | 1.67% | 1.72% | 1.50% | 1.07% | 0.81% | 1.03% | 0.88% | 0.49% | 1.63% | 2.05% | 2.96% |
AEM.TO Agnico Eagle Mines Limited | 1.68% | 2.20% | 2.27% | 2.71% | 1.06% | 0.69% | 0.80% | 0.71% | 0.82% | 0.88% | 1.42% | 3.97% |
Drawdowns
ABX.TO vs. AEM.TO - Drawdown Comparison
The maximum ABX.TO drawdown since its inception was -84.54%, roughly equal to the maximum AEM.TO drawdown of -84.27%. Use the drawdown chart below to compare losses from any high point for ABX.TO and AEM.TO. For additional features, visit the drawdowns tool.
Volatility
ABX.TO vs. AEM.TO - Volatility Comparison
Barrick Gold Corporation (ABX.TO) has a higher volatility of 8.51% compared to Agnico Eagle Mines Limited (AEM.TO) at 6.99%. This indicates that ABX.TO's price experiences larger fluctuations and is considered to be riskier than AEM.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ABX.TO vs. AEM.TO - Financials Comparison
This section allows you to compare key financial metrics between Barrick Gold Corporation and Agnico Eagle Mines Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities