EGO vs. AEM

Last updated Apr 2, 2026

Compare and contrast key facts about Eldorado Gold Corporation (EGO) and Agnico Eagle Mines Limited (AEM).

Performance

EGO vs. AEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eldorado Gold Corporation (EGO) and Agnico Eagle Mines Limited (AEM). The values are adjusted to include any dividend payments, if applicable.

EGO vs. AEM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EGO Eldorado Gold Corporation	0.75%	141.56%	14.65%	55.14%	-10.59%	-29.54%	65.26%	178.82%	-59.72%	-55.28%
AEM Agnico Eagle Mines Limited	24.14%	119.53%	46.04%	8.98%	1.08%	-22.81%	17.39%	54.18%	-11.51%	10.92%

Fundamentals

Market Cap EGO : $7.22B AEM : $105.61B
EPS EGO : $2.50 AEM : $8.83
PE Ratio EGO : 14.44 AEM : 23.79
PEG Ratio EGO : 0.22 AEM : 0.37
PS Ratio EGO : 4.04 AEM : 8.91
PB Ratio EGO : 1.69 AEM : 4.27
Total Revenue (TTM) EGO : $1.82B AEM : $11.87B
Gross Profit (TTM) EGO : $845.38M AEM : $6.80B
EBITDA (TTM) EGO : $876.11M AEM : $8.35B

Returns By Period

In the year-to-date period, EGO achieves a 0.75% return, which is significantly lower than AEM's 24.14% return. Over the past 10 years, EGO has underperformed AEM with an annualized return of 8.82%, while AEM has yielded a comparatively higher 21.40% annualized return.

EGO

• 1D: 5.24%
• 1M: -22.02%
• YTD: 0.75%
• 6M: 22.88%
• 1Y: 105.62%
• 3Y*: 51.73%
• 5Y*: 26.17%
• 10Y*: 8.82%

AEM

• 1D: 3.50%
• 1M: -16.70%
• YTD: 24.14%
• 6M: 23.94%
• 1Y: 96.09%
• 3Y*: 63.68%
• 5Y*: 31.78%
• 10Y*: 21.40%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

EGO vs. AEM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EGO

EGO Risk / Return Rank: 87
EGO Sharpe Ratio Rank: 90
EGO Sortino Ratio Rank: 83
EGO Omega Ratio Rank: 84
EGO Calmar Ratio Rank: 86
EGO Martin Ratio Rank: 90

AEM

AEM Risk / Return Rank: 88
AEM Sharpe Ratio Rank: 92
AEM Sortino Ratio Rank: 85
AEM Omega Ratio Rank: 86
AEM Calmar Ratio Rank: 87
AEM Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EGO vs. AEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eldorado Gold Corporation (EGO) and Agnico Eagle Mines Limited (AEM). 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.

	EGO	AEM	Difference
Sharpe ratio Return per unit of total volatility	2.06	2.19	-0.14
Sortino ratio Return per unit of downside risk	2.36	2.45	-0.09
Omega ratio Gain probability vs. loss probability	1.33	1.35	-0.02
Calmar ratio Return relative to maximum drawdown	3.14	3.31	-0.17
Martin ratio Return relative to average drawdown	10.89	11.38	-0.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EGO vs. AEM - Sharpe Ratio Comparison

The current EGO Sharpe Ratio is 2.06, which is comparable to the AEM Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of EGO and AEM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EGO	AEM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.06	2.19	-0.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.88	-0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.16	0.57	-0.41
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.18	-0.05

Correlation

The correlation between EGO and AEM is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

EGO vs. AEM - Dividend Comparison

EGO's dividend yield for the trailing twelve months is around 0.21%, less than AEM's 0.79% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EGO Eldorado Gold Corporation	0.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.40%	0.00%	0.67%
AEM Agnico Eagle Mines Limited	0.79%	0.94%	2.05%	2.92%	3.08%	2.63%	2.36%	0.89%	1.09%	0.89%	0.86%	1.22%

Drawdowns

EGO vs. AEM - Drawdown Comparison

The maximum EGO drawdown since its inception was -97.49%, which is greater than AEM's maximum drawdown of -90.49%. Use the drawdown chart below to compare losses from any high point for EGO and AEM.

Drawdown Indicators

	EGO	AEM	Difference
Max Drawdown Largest peak-to-trough decline	-97.49%	-90.49%	-7.00%
Max Drawdown (1Y) Largest decline over 1 year	-36.73%	-28.97%	-7.76%
Max Drawdown (5Y) Largest decline over 5 years	-57.70%	-46.76%	-10.94%
Max Drawdown (10Y) Largest decline over 10 years	-89.51%	-53.86%	-35.65%
Current Drawdown Current decline from peak	-65.53%	-16.70%	-48.83%
Average Drawdown Average peak-to-trough decline	-55.58%	-46.76%	-8.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.57%	8.42%	+2.15%

Volatility

EGO vs. AEM - Volatility Comparison

Eldorado Gold Corporation (EGO) has a higher volatility of 18.92% compared to Agnico Eagle Mines Limited (AEM) at 15.66%. This indicates that EGO's price experiences larger fluctuations and is considered to be riskier than AEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EGO	AEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.92%	15.66%	+3.26%
Volatility (6M) Calculated over the trailing 6-month period	43.20%	35.75%	+7.45%
Volatility (1Y) Calculated over the trailing 1-year period	51.85%	44.10%	+7.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.35%	36.39%	+8.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.46%	37.46%	+18.00%

Financials

EGO vs. AEM - Profitability Comparison

The chart below illustrates the profitability comparison between Eldorado Gold Corporation and Agnico Eagle Mines Limited over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

EGO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Eldorado Gold Corporation reported a gross profit of 288.77M and revenue of 586.03M. Therefore, the gross margin over that period was 49.3%.

AEM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Agnico Eagle Mines Limited reported a gross profit of 2.20B and revenue of 3.56B. Therefore, the gross margin over that period was 61.7%.

EGO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Eldorado Gold Corporation reported an operating income of 268.67M and revenue of 586.03M, resulting in an operating margin of 45.9%.

AEM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Agnico Eagle Mines Limited reported an operating income of 1.99B and revenue of 3.56B, resulting in an operating margin of 55.9%.

EGO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Eldorado Gold Corporation reported a net income of 244.52M and revenue of 586.03M, resulting in a net margin of 41.7%.

AEM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Agnico Eagle Mines Limited reported a net income of 1.52B and revenue of 3.56B, resulting in a net margin of 42.7%.