AEM.TO vs. KNT.TO
AEM.TO (Agnico Eagle Mines Limited) and KNT.TO (K92 Mining Inc.) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, AEM.TO returned 15.41%/yr vs 35.57%/yr for KNT.TO. At a 0.36 correlation, their price movements are largely independent.
Performance
AEM.TO vs. KNT.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AEM.TO achieves a -1.88% return, which is significantly lower than KNT.TO's -0.18% return. Over the past 10 years, AEM.TO has underperformed KNT.TO with an annualized return of 15.41%, while KNT.TO has yielded a comparatively higher 35.57% annualized return.
AEM.TO
- 1D
- 3.40%
- 1M
- -15.09%
- YTD
- -1.88%
- 6M
- -1.40%
- 1Y
- 38.18%
- 3Y*
- 53.43%
- 5Y*
- 24.09%
- 10Y*
- 15.41%
KNT.TO
- 1D
- 1.34%
- 1M
- -19.54%
- YTD
- -0.18%
- 6M
- 2.86%
- 1Y
- 42.90%
- 3Y*
- 56.58%
- 5Y*
- 20.92%
- 10Y*
- 35.57%
AEM.TO vs. KNT.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AEM.TO Agnico Eagle Mines Limited | -1.88% | 109.63% | 58.54% | 6.65% | 8.01% | -23.56% | 13.64% | 46.58% | -4.22% | 3.57% |
KNT.TO K92 Mining Inc. | -0.18% | 161.41% | 33.33% | -15.12% | 6.68% | -5.52% | 164.24% | 242.86% | 55.56% | -44.33% |
Correlation
The correlation between AEM.TO and KNT.TO is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jan 10, 2011 | 0.36 |
Over the past year, AEM.TO and KNT.TO have become more correlated (0.76) than their long-term average of 0.36, meaning their price movements have been converging.
Fundamentals
AEM.TO:
CA$114.10B
KNT.TO:
CA$5.60B
AEM.TO:
$10.65
KNT.TO:
$1.28
AEM.TO:
15.27
KNT.TO:
12.69
AEM.TO:
0.23
KNT.TO:
0.13
AEM.TO:
6.03
KNT.TO:
5.84
AEM.TO:
3.11
KNT.TO:
4.51
AEM.TO:
$13.56B
KNT.TO:
$685.77M
AEM.TO:
$8.26B
KNT.TO:
$495.11M
AEM.TO:
$9.54B
KNT.TO:
$499.16M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AEM.TO vs. KNT.TO — Risk / Return Rank
AEM.TO
KNT.TO
AEM.TO vs. KNT.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Agnico Eagle Mines Limited (AEM.TO) and K92 Mining Inc. (KNT.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AEM.TO | KNT.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.18 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.00 | 1.12 | -0.12 |
| Martin ratioReturn relative to average drawdown | 2.79 | 2.89 | -0.10 |
Loading charts...
Drawdowns
AEM.TO vs. KNT.TO - Drawdown Comparison
The maximum AEM.TO drawdown since its inception was -70.33%, smaller than the maximum KNT.TO drawdown of -90.67%. Use the drawdown chart below to compare losses from any high point for AEM.TO and KNT.TO.
Loading charts...
Drawdown Indicators
| AEM.TO | KNT.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.33% | -90.67% | +20.34% |
Max Drawdown (1Y)Largest decline over 1 year | -38.24% | -38.35% | +0.11% |
Max Drawdown (3Y)Largest decline over 3 years | -38.24% | -38.35% | +0.11% |
Max Drawdown (5Y)Largest decline over 5 years | -41.38% | -54.53% | +13.15% |
Max Drawdown (10Y)Largest decline over 10 years | -55.07% | -80.47% | +25.40% |
Current DrawdownCurrent decline from peak | -33.88% | -31.72% | -2.16% |
Average DrawdownAverage peak-to-trough decline | -29.18% | -42.61% | +13.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.73% | 14.88% | -1.15% |
Volatility
AEM.TO vs. KNT.TO - Volatility Comparison
The current volatility for Agnico Eagle Mines Limited (AEM.TO) is 15.84%, while K92 Mining Inc. (KNT.TO) has a volatility of 18.12%. This indicates that AEM.TO experiences smaller price fluctuations and is considered to be less risky than KNT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AEM.TO | KNT.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.84% | 18.12% | -2.28% |
Volatility (6M)Calculated over the trailing 6-month period | 35.38% | 39.76% | -4.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.51% | 50.55% | -7.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.15% | 49.19% | -14.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.00% | 58.20% | -22.20% |
Dividends
AEM.TO vs. KNT.TO - Dividend Comparison
AEM.TO's dividend yield for the trailing twelve months is around 1.03%, while KNT.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEM.TO Agnico Eagle Mines Limited | 1.03% | 0.97% | 1.95% | 2.98% | 2.81% | 2.08% | 1.34% | 0.81% | 0.80% | 0.77% | 0.75% | 0.95% |
KNT.TO K92 Mining Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AEM.TO vs. KNT.TO - Financials Comparison
This section allows you to compare key financial metrics between Agnico Eagle Mines Limited and K92 Mining Inc.. 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
AEM.TO vs. KNT.TO - Profitability Comparison
AEM.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Agnico Eagle Mines Limited reported a gross profit of 2.72B and revenue of 4.10B. Therefore, the gross margin over that period was 66.4%.
KNT.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, K92 Mining Inc. reported a gross profit of 170.77M and revenue of 232.41M. Therefore, the gross margin over that period was 73.5%.
AEM.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Agnico Eagle Mines Limited reported an operating income of 2.56B and revenue of 4.10B, resulting in an operating margin of 62.4%.
KNT.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, K92 Mining Inc. reported an operating income of 165.19M and revenue of 232.41M, resulting in an operating margin of 71.1%.
AEM.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Agnico Eagle Mines Limited reported a net income of 1.70B and revenue of 4.10B, resulting in a net margin of 41.4%.
KNT.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, K92 Mining Inc. reported a net income of 114.72M and revenue of 232.41M, resulting in a net margin of 49.4%.
Frequently Asked Questions
AEM.TO and KNT.TO have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for AEM.TO and KNT.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer