AEM vs AGI vs IAG Stock Comparison

Agnico Eagle Mines, Alamos Gold and Iamgold Prices as of Oct 23, 2026 Peers: Industry group
AEM Agnico Eagle Mines Ltd
$173.89 -11.1% 1M +5.6% 1Y
Market cap
$88.25B
P/E
15.0x
Revenue (TTM)
$14.53B
Div. yield
–
Gold Basic Materials
3 wins
AGI Alamos Gold Inc
$29.95 -13.2% 1M -6.0% 1Y
Market cap
$12.69B
P/E
10.8x
Revenue (TTM)
$2.23B
Div. yield
–
Gold Basic Materials
1 win
IAG Iamgold Corp
$16.24 -18.4% 1M +34.9% 1Y
Market cap
$9.41B
P/E
6.5x
Revenue (TTM)
$3.68B
Div. yield
–
Gold Basic Materials
7 wins

Head to Head

11 decided of 12

Iamgold leads on 7 of the 12 questions below (Iamgold 7, Agnico Eagle Mines 3, Alamos Gold 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAEMAGIIAGLeader
Larger companyMarket capitalisation $88.25B $12.69B $9.41B AEM
Cheaper on earningsLower P/E, profitable companies only 15.0x 10.8x 6.5x IAG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 15.9x 13.0x 8.6x IAG
Faster revenue growthRevenue growth, trailing twelve months +50.3% +47.8% +87.2% IAG
More profitableNet margin, trailing twelve months 40.4% 52.6% 39.4% AGI
Better return on capitalReturn on invested capital 23.3% 30.3% 52.3% IAG
Less leveragedLower net debt / EBITDA -0.3x -0.3x 0.0x AEM
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +5.6% -6.0% +34.9% IAG
Better 5-year returnAnnualised price return, 5 years +25.0%/yr +30.2%/yr +41.6%/yr IAG
Less volatileAnnualised volatility, 1 year 48.3% 54.8% 63.4% AEM
Higher overall scoreMean of the five percentile scores vs peers 78/100 72/100 88/100 IAG

Percentile Scorecard

AEMAGIIAG

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAEMAGIIAG
Valuation 66 #56 of 162 60 #65 of 162 94 #11 of 162
Growth 75 #38 of 147 78 #33 of 147 97 #6 of 147
Profitability 95 #7 of 122 89 #14 of 122 100 #1 of 122
Financial Health 77 #39 of 166 69 #52 of 166 61 #65 of 166
Shareholder Returns 79 #23 of 107 62 #41 of 107 –
Overall 78 72 88
  • AEM ranked among 176 companies in Metals and Mining
  • AGI ranked among 176 companies in Metals and Mining
  • IAG ranked among 176 companies in Metals and Mining

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAEMAGIIAGSPY
1 month -11.1%-13.2%-18.4% -1.0%
3 months +19.8%+1.2%+10.9% +2.9%
6 months -13.2%-33.7%-5.7% +6.4%
Year to date +2.6%-22.4%-1.5% +11.4%
1 year +5.6%-6.0%+34.9% +13.1%
3 years +251.7%+131.8%+565.6% +79.4%
3 years, per year +52.1%+32.4%+88.2% +21.5%
5 years +204.4%+274.4%+467.8% +67.7%
5 years, per year +25.0%+30.2%+41.6% +10.9%
10 years +254.5%+244.3%+296.1% +255.2%
10 years, per year +13.5%+13.2%+14.8% +13.5%

Risk

MeasureAEMAGIIAGSPY
Volatility, 1Y 48.3%54.8%63.4% 12.7%
Downside volatility, 1Y 51.1%59.3%64.1% 12.7%
Beta vs S&P 500, 1Y 1.671.852.21 1.00
Return / volatility, 1Y 0.12-0.110.55 1.03
Max drawdown, 5Y -45.9%-49.7%-73.6% -25.4%
From 52-week high -31.0%-45.9%-33.9% -2.5%
52-week high $252.19$55.33$24.57 $779.14
52-week low $136.36$27.82$10.96 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAEMAGIIAG
P/E now vs peer median 14.9xmedian 12.7x 10.7xmedian 12.7x 6.4xmedian 12.7x
P/S now vs peer median 6.0xmedian 3.1x 5.6xmedian 3.1x 2.6xmedian 3.1x
EV/EBITDA now vs peer median 7.4xmedian 6.9x 7.2xmedian 6.9x 3.2xmedian 6.9x
P/FCF now vs peer median 16.0xmedian 15.1x -109.3xmedian 15.1x 4.4xmedian 15.1x
P/B now vs peer median 3.0xmedian 2.1x 2.6xmedian 2.1x 2.2xmedian 2.1x
PEG now vs peer median 0.52median 0.27 0.12median 0.27 0.06median 0.27

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAEMAGIIAG
Revenue $14.53B $2.23B $3.68B
Gross profit $9.99B – $1.85B
Operating income $9.64B $1.49B $2.54B
Net income $5.87B $1.17B $1.27B
Free cash flow $5.43B -$115.10M $2.19B
R&D $226.87M $27.80M $30.20M
EPS (diluted) $11.67 $2.78 $2.49
Cash & equivalents $3.46B $636.90M $501.40M
Total debt $785.64M $900.00M $2.62B
Shares (diluted) 503.43M 422.66M 581.70M
Enterprise value $77.88B $10.12B $7.62B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAEMAGIIAG
P/E 14.9x 10.7x 6.4x
P/FCF 16.0x -109.3x 4.4x
P/Operating cash flow 11.7x – 4.8x
P/S 6.0x 5.6x 2.6x
P/B 3.0x 2.6x 2.2x
P/Tangible book 3.0x 2.6x 2.2x
EV/EBITDA 7.4x 7.2x 3.2x
EV/EBIT 8.7x 8.1x 3.8x
EV/Revenue 5.8x 5.4x 2.6x
EV/FCF 15.4x -105.1x 4.4x
EV/Operating cash flow 11.3x – 4.8x
PEG (3Y EPS CAGR) 0.52 0.12 0.06

Growth

14 metrics
MetricAEMAGIIAG
Revenue growth (1Y) 50.3% 47.8% 87.2%
Revenue CAGR (3Y) 33.8% 32.5% 58.4%
Gross profit growth (1Y) 72.8% – 192.3%
Gross profit CAGR (3Y) 44.0% – 154.4%
Operating income growth (1Y) 49.1% 128.1% 57.6%
Operating income CAGR (3Y) 42.3% 80.0% 826.2%
Net income growth (1Y) 98.5% 238.3% 34.0%
Net income CAGR (3Y) 34.7% 92.1% 112.4%
EPS growth (1Y) 97.4% 228.6% 234.8%
EPS CAGR (3Y) 28.7% 90.4% 111.5%
Operating cash flow growth (1Y) 45.3% – 328.3%
Operating cash flow CAGR (3Y) 47.2% – 67.2%
Free cash flow growth (1Y) 55.8% -144.0% 144.4%
Free cash flow CAGR (3Y) 11.0% -30.7% 122.0%

Profitability

14 metrics
MetricAEMAGIIAG
Gross margin 68.8% – 50.3%
EBITDA margin 78.0% 75.7% 82.1%
Operating margin 66.3% 66.8% 69.1%
Pretax margin 60.4% 75.9% 49.1%
Net margin 40.4% 52.6% 39.4%
FCF margin 37.4% -5.2% 59.5%
Operating cash flow margin 51.1% – 54.3%
Return on equity 21.4% 24.9% 29.2%
Return on assets 16.1% 17.7% 21.3%
Return on invested capital 23.3% 30.3% 52.3%
Return on capital employed 27.9% 24.5% 46.9%
Asset turnover 0.4x 0.3x 0.6x
Cash conversion (OCF / net income) 1.3x – 1.6x
Stock comp / revenue 0.7% 2.1% –

Financial Health

11 metrics
MetricAEMAGIIAG
Debt / assets 0.5% 3.0% 7.5%
Debt / equity 0.0x 0.0x 0.1x
Net debt / EBITDA -0.3x -0.3x 0.0x
Debt / FCF 0.0x -1.7x 0.2x
Liabilities / assets 24.3% 28.4% 26.1%
Equity / assets 75.7% 71.6% 73.9%
Interest coverage 131.9x 316.7x 137.4x
Current ratio 2.9x 2.1x 1.7x
Quick ratio 1.8x 1.3x 1.0x
Cash ratio 1.8x 1.2x 0.9x
Altman Z-score 7.32 5.25 6.16

Shareholder Returns

7 metrics
MetricAEMAGIIAG
Dividend yield 1.0% 0.5% –
Net buyback yield 0.3% 0.0% –
Shareholder yield 1.3% 0.5% 0.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAEMAGIIAG
Forward P/E 15.9xFY2026 13.0xFY2026 8.6xFY2026
EPS, next fiscal year $10.91FY2026 $2.31FY2026 $1.88FY2026
EPS growth, next FY +32.7%FY2026 +65.0%FY2026 +54.1%FY2026
EPS growth, the year after +3.8% +20.3% +11.7%
Revenue, next fiscal year $14.34BFY2026 $2.53BFY2026 $3.71BFY2026
Revenue growth, next FY +21.4%FY2026 +39.8%FY2026 +30.6%FY2026
Revenue growth, the year after +3.0% +27.3% +5.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAEMAGIIAG
Held by institutions 62.5% 56.4% 65.8%
Institutions holding 1,053 472 319
Change in shares held, QoQ -0.6% -1.1% +1.5%
Institutions buying 467 240 170
Institutions selling 396 151 101
Buyers to sellers 1.18 1.59 1.68

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AEMAGIIAG
AEM 1.00 0.86 0.89
AGI 0.86 1.00 0.86
IAG 0.89 0.86 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AEM, AGI and IAG?

Agnico Eagle Mines (AEM) is the largest by market capitalisation: Agnico Eagle Mines (AEM) $88.25B, Alamos Gold (AGI) $12.69B, Iamgold (IAG) $9.41B.

Which stock is cheaper, AEM, AGI and IAG?

Iamgold (IAG) trades on the lowest price-to-earnings ratio (Agnico Eagle Mines (AEM) 15.0x, Alamos Gold (AGI) 10.8x, Iamgold (IAG) 6.5x). On next year's consensus earnings, Iamgold (IAG) is cheapest (Agnico Eagle Mines (AEM) 15.9x, Alamos Gold (AGI) 13.0x, Iamgold (IAG) 8.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Iamgold (IAG) grew revenue fastest over the trailing twelve months: Agnico Eagle Mines (AEM) +50.3%, Alamos Gold (AGI) +47.8%, Iamgold (IAG) +87.2%.

Which company is more profitable?

Alamos Gold (AGI) has the highest net margin (Agnico Eagle Mines (AEM) 40.4%, Alamos Gold (AGI) 52.6%, Iamgold (IAG) 39.4%). On return on invested capital, Iamgold (IAG) leads (Agnico Eagle Mines (AEM) 23.3%, Alamos Gold (AGI) 30.3%, Iamgold (IAG) 52.3%).

Which stock has performed better?

Over the past year Iamgold (IAG) returned the most: Agnico Eagle Mines (AEM) +5.6%, Alamos Gold (AGI) -6.0%, Iamgold (IAG) +34.9%. Over five years, Iamgold (IAG) compounded fastest (Agnico Eagle Mines (AEM) +25.0%/yr, Alamos Gold (AGI) +30.2%/yr, Iamgold (IAG) +41.6%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Agnico Eagle Mines (AEM) has been the steadiest (Agnico Eagle Mines (AEM) 48.3%, Alamos Gold (AGI) 54.8%, Iamgold (IAG) 63.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AEM, AGI and IAG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Iamgold (IAG) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.