AEM vs. NEM
Compare and contrast key facts about Agnico Eagle Mines Limited (AEM) and Newmont Goldcorp Corporation (NEM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AEM or NEM.
Correlation
The correlation between AEM and NEM is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AEM vs. NEM - Performance Comparison
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Key characteristics
AEM:
1.70
NEM:
0.53
AEM:
2.16
NEM:
0.93
AEM:
1.30
NEM:
1.13
AEM:
3.28
NEM:
0.39
AEM:
10.88
NEM:
1.13
AEM:
5.35%
NEM:
18.08%
AEM:
34.24%
NEM:
37.05%
AEM:
-90.33%
NEM:
-77.55%
AEM:
-13.78%
NEM:
-34.96%
Fundamentals
AEM:
$53.63B
NEM:
$55.76B
AEM:
$4.78
NEM:
$4.41
AEM:
22.28
NEM:
11.36
AEM:
28.15
NEM:
0.79
AEM:
6.01
NEM:
2.84
AEM:
2.48
NEM:
1.78
AEM:
$8.94B
NEM:
$19.65B
AEM:
$4.30B
NEM:
$7.72B
AEM:
$5.17B
NEM:
$9.78B
Returns By Period
The year-to-date returns for both stocks are quite close, with AEM having a 36.68% return and NEM slightly lower at 35.40%. Over the past 10 years, AEM has outperformed NEM with an annualized return of 14.72%, while NEM has yielded a comparatively lower 8.91% annualized return.
AEM
36.68%
-13.13%
39.93%
57.79%
11.96%
14.72%
NEM
35.40%
-10.46%
23.86%
19.63%
-2.81%
8.91%
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Risk-Adjusted Performance
AEM vs. NEM — Risk-Adjusted Performance Rank
AEM
NEM
AEM vs. NEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Agnico Eagle Mines Limited (AEM) and Newmont Goldcorp Corporation (NEM). 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.
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Dividends
AEM vs. NEM - Dividend Comparison
AEM's dividend yield for the trailing twelve months is around 1.50%, less than NEM's 2.00% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
AEM Agnico Eagle Mines Limited | 1.50% | 2.05% | 2.92% | 3.08% | 2.63% | 1.35% | 1.10% | 1.09% | 0.89% | 0.86% | 1.22% | 1.29% |
NEM Newmont Goldcorp Corporation | 2.00% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% | 1.19% |
Drawdowns
AEM vs. NEM - Drawdown Comparison
The maximum AEM drawdown since its inception was -90.33%, which is greater than NEM's maximum drawdown of -77.55%. Use the drawdown chart below to compare losses from any high point for AEM and NEM. For additional features, visit the drawdowns tool.
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Volatility
AEM vs. NEM - Volatility Comparison
Agnico Eagle Mines Limited (AEM) has a higher volatility of 13.44% compared to Newmont Goldcorp Corporation (NEM) at 11.59%. This indicates that AEM's price experiences larger fluctuations and is considered to be riskier than NEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
AEM vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between Agnico Eagle Mines Limited and Newmont Goldcorp Corporation. 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 vs. NEM - Profitability Comparison
AEM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Agnico Eagle Mines Limited reported a gross profit of 1.28B and revenue of 2.47B. Therefore, the gross margin over that period was 52.0%.
NEM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Newmont Goldcorp Corporation reported a gross profit of 2.31B and revenue of 5.01B. Therefore, the gross margin over that period was 46.1%.
AEM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Agnico Eagle Mines Limited reported an operating income of 1.16B and revenue of 2.47B, resulting in an operating margin of 47.0%.
NEM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Newmont Goldcorp Corporation reported an operating income of 2.02B and revenue of 5.01B, resulting in an operating margin of 40.2%.
AEM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Agnico Eagle Mines Limited reported a net income of 814.73M and revenue of 2.47B, resulting in a net margin of 33.0%.
NEM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Newmont Goldcorp Corporation reported a net income of 1.89B and revenue of 5.01B, resulting in a net margin of 37.7%.