NGD vs. AEM
Compare and contrast key facts about New Gold Inc. (NGD) and Agnico Eagle Mines Limited (AEM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NGD or AEM.
Correlation
The correlation between NGD and AEM is 0.19, 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
NGD vs. AEM - Performance Comparison
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Key characteristics
NGD:
1.63
AEM:
1.73
NGD:
2.46
AEM:
2.32
NGD:
1.29
AEM:
1.32
NGD:
1.19
AEM:
3.60
NGD:
9.91
AEM:
12.64
NGD:
10.47%
AEM:
5.05%
NGD:
59.11%
AEM:
34.23%
NGD:
-96.73%
AEM:
-90.33%
NGD:
-72.88%
AEM:
-13.78%
Fundamentals
NGD:
$3.02B
AEM:
$53.64B
NGD:
$0.18
AEM:
$4.70
NGD:
21.17
AEM:
22.65
NGD:
-2.09
AEM:
28.15
NGD:
3.20
AEM:
6.04
NGD:
3.20
AEM:
2.48
NGD:
$934.03M
AEM:
$8.94B
NGD:
$251.76M
AEM:
$4.30B
NGD:
$379.29M
AEM:
$5.17B
Returns By Period
In the year-to-date period, NGD achieves a 53.63% return, which is significantly higher than AEM's 36.70% return. Over the past 10 years, NGD has underperformed AEM with an annualized return of 1.09%, while AEM has yielded a comparatively higher 14.38% annualized return.
NGD
53.63%
6.72%
50.59%
95.38%
31.87%
1.09%
AEM
36.70%
-9.51%
37.49%
58.75%
13.32%
14.38%
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Risk-Adjusted Performance
NGD vs. AEM — Risk-Adjusted Performance Rank
NGD
AEM
NGD vs. AEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for New Gold Inc. (NGD) 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.
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Dividends
NGD vs. AEM - Dividend Comparison
NGD has not paid dividends to shareholders, while AEM's dividend yield for the trailing twelve months is around 1.50%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NGD New Gold 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% |
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% |
Drawdowns
NGD vs. AEM - Drawdown Comparison
The maximum NGD drawdown since its inception was -96.73%, which is greater than AEM's maximum drawdown of -90.33%. Use the drawdown chart below to compare losses from any high point for NGD and AEM. For additional features, visit the drawdowns tool.
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Volatility
NGD vs. AEM - Volatility Comparison
New Gold Inc. (NGD) has a higher volatility of 23.90% compared to Agnico Eagle Mines Limited (AEM) at 14.77%. This indicates that NGD'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.
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Financials
NGD vs. AEM - Financials Comparison
This section allows you to compare key financial metrics between New Gold Inc. 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
NGD vs. AEM - Profitability Comparison
NGD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, New Gold Inc. reported a gross profit of 47.57M and revenue of 208.17M. Therefore, the gross margin over that period was 22.9%.
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%.
NGD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, New Gold Inc. reported an operating income of 22.00M and revenue of 208.17M, resulting in an operating margin of 10.6%.
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%.
NGD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, New Gold Inc. reported a net income of -16.65M and revenue of 208.17M, resulting in a net margin of -8.0%.
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%.