AG vs CDE vs HL Stock Comparison

First Majestic Silver, Coeur Mining and Hecla Mining Prices as of Oct 26, 2026 Peers: Industry group
CDE Coeur Mining, Inc.
$13.65 -29.0% 1M -26.8% 1Y
Market cap
$14.63B
P/E
17.2x
Revenue (TTM)
$3.17B
Div. yield
–
Silver Basic Materials
6 wins
HL Hecla Mining Co/De/
$13.98 -23.1% 1M +8.0% 1Y
Market cap
$9.82B
P/E
29.5x
Revenue (TTM)
$1.60B
Div. yield
–
Silver Basic Materials
3 wins

Head to Head

11 decided of 12

Coeur Mining leads on 6 of the 12 questions below (Coeur Mining 6, Hecla Mining 3, First Majestic Silver 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAGCDEHLLeader
Larger companyMarket capitalisation $7.50B $14.63B $9.82B CDE
Cheaper on earningsLower P/E, profitable companies only 21.6x 17.2x 29.5x CDE
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.3x 13.6x 21.8x CDE
Faster revenue growthRevenue growth, trailing twelve months +98.5% +117.3% +74.4% CDE
More profitableNet margin, trailing twelve months 21.2% 26.8% 20.8% CDE
Better return on capitalReturn on invested capital 12.0% 5.9% 19.9% HL
Less leveragedLower net debt / EBITDA -1.0x -0.2x -0.5x AG
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +15.7% -26.8% +8.0% AG
Better 5-year returnAnnualised price return, 5 years +2.4%/yr +15.7%/yr +18.2%/yr HL
Less volatileAnnualised volatility, 1 year 73.7% 72.1% 71.1% HL
Higher overall scoreMean of the five percentile scores vs peers 76/100 77/100 74/100 CDE

Percentile Scorecard

AGCDEHL

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

AxisAGCDEHL
Valuation 75 #41 of 162 80 #33 of 162 61 #64 of 162
Growth 99 #2 of 147 99 #3 of 147 98 #4 of 147
Profitability 84 #20 of 122 75 #31 of 122 93 #10 of 122
Financial Health 69 #52 of 165 72 #47 of 165 88 #21 of 165
Shareholder Returns 50 #54 of 107 58 #46 of 107 32 #73 of 107
Overall 76 77 74
  • AG ranked among 176 companies in Metals and Mining
  • CDE ranked among 176 companies in Metals and Mining
  • HL 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

PeriodAGCDEHLSPY
1 month -21.9%-29.0%-23.1% -0.8%
3 months -8.4%-11.2%-7.9% +3.5%
6 months -27.5%-27.7%-24.9% +7.0%
Year to date -10.9%-23.4%-27.1% +12.2%
1 year +15.7%-26.8%+8.0% +13.0%
3 years +171.0%+435.3%+237.7% +86.3%
3 years, per year +39.4%+75.0%+50.1% +23.1%
5 years +12.5%+107.1%+130.7% +68.6%
5 years, per year +2.4%+15.7%+18.2% +11.0%
10 years +85.9%+24.2%+140.2% +258.0%
10 years, per year +6.4%+2.2%+9.2% +13.6%

Risk

MeasureAGCDEHLSPY
Volatility, 1Y 73.7%72.1%71.1% 12.7%
Downside volatility, 1Y 74.3%72.8%70.1% 12.7%
Beta vs S&P 500, 1Y 2.813.082.63 1.00
Return / volatility, 1Y 0.21-0.370.11 1.02
Max drawdown, 5Y -70.5%-72.0%-56.5% -25.4%
From 52-week high -53.6%-49.7%-56.1% -1.8%
52-week high $32.01$27.15$31.81 $779.14
52-week low $10.67$13.47$11.97 $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.

MultipleAGCDEHL
P/E now vs peer median 20.5xmedian 12.8x 16.5xmedian 12.8x 28.1xmedian 12.8x
P/S now vs peer median 4.4xmedian 3.1x 4.4xmedian 3.1x 5.9xmedian 3.1x
EV/EBITDA now vs peer median 6.4xmedian 7.0x 8.7xmedian 7.0x 9.8xmedian 7.0x
P/FCF now vs peer median 11.8xmedian 15.2x 12.1xmedian 15.2x 19.4xmedian 15.2x
P/B now vs peer median 2.2xmedian 2.1x 1.0xmedian 2.1x 3.5xmedian 2.1x
PEG now vs peer median 0.42median 0.29 0.20median 0.29 0.27median 0.29

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 monthsAGCDEHL
Revenue $1.64B $3.17B $1.60B
Gross profit $827.10M $2.50B –
Operating income $756.62M $1.07B $737.49M
Net income $421.54M $850.41M $333.98M
Free cash flow $617.41M $1.16B $483.99M
R&D – – $30.73M
EPS (diluted) $0.72 $0.82 $0.49
Cash & equivalents $1.09B $1.05B $483.48M
Total debt $1.03B $705.29M $7.56M
Shares (diluted) 484.56M 1.03B 675.89M
Enterprise value $3.56B $11.91B $8.29B

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
MetricAGCDEHL
P/E 20.5x 16.5x 28.1x
P/FCF 11.8x 12.1x 19.4x
P/Operating cash flow 8.8x 9.6x 12.8x
P/S 4.4x 4.4x 5.9x
P/B 2.2x 1.0x 3.5x
P/Tangible book 2.2x 1.0x 3.5x
EV/EBITDA 6.4x 8.7x 9.8x
EV/EBIT 8.4x 12.8x 12.1x
EV/Revenue 3.9x 4.3x 5.6x
EV/FCF 10.3x 11.8x 18.4x
EV/Operating cash flow 7.7x 9.3x 12.1x
PEG (3Y EPS CAGR) 0.42 0.20 0.27

Growth

14 metrics
MetricAGCDEHL
Revenue growth (1Y) 98.5% 117.3% 74.4%
Revenue CAGR (3Y) 39.0% 61.2% 30.6%
Gross profit growth (1Y) 335.5% 296.7% –
Gross profit CAGR (3Y) 283.4% 176.2% –
Operating income growth (1Y) 622.0% 203.1% 344.3%
Operating income CAGR (3Y) 78.9% 52.2% 217.6%
Net income growth (1Y) 517.9% 346.0% 233.1%
Net income CAGR (3Y) 98.2% 146.7% 109.0%
EPS growth (1Y) 294.7% 177.3% 216.5%
EPS CAGR (3Y) 48.3% 83.6% 102.4%
Operating cash flow growth (1Y) 207.8% 226.3% 129.4%
Operating cash flow CAGR (3Y) 131.1% 373.7% 112.8%
Free cash flow growth (1Y) 232.3% 364.5% 293.4%
Free cash flow CAGR (3Y) 80.3% 73.8% 81.0%

Profitability

14 metrics
MetricAGCDEHL
Gross margin 50.4% 79.0% –
EBITDA margin 60.3% 49.6% 56.9%
Operating margin 46.1% 33.8% 46.0%
Pretax margin 46.5% 33.5% 43.4%
Net margin 21.2% 26.8% 20.8%
FCF margin 37.6% 36.5% 30.2%
Operating cash flow margin 50.3% 46.2% 45.8%
Return on equity 12.2% 3.0% 26.7%
Return on assets 8.4% 2.7% 21.4%
Return on invested capital 12.0% 5.9% 19.9%
Return on capital employed 17.5% 7.3% 23.5%
Asset turnover 0.3x 0.2x 0.5x
Cash conversion (OCF / net income) 2.0x 1.7x 2.2x
Stock comp / revenue 0.8% 0.9% 0.7%

Financial Health

11 metrics
MetricAGCDEHL
Debt / assets 6.1% 4.6% 0.2%
Debt / equity 0.1x 0.1x 0.0x
Net debt / EBITDA -1.0x -0.2x -0.5x
Debt / FCF 0.5x 0.6x 0.0x
Liabilities / assets 31.7% 9.9% 15.9%
Equity / assets 68.3% 90.1% 84.1%
Interest coverage 34.3x – 27.3x
Current ratio 2.6x 3.7x 5.2x
Quick ratio 2.3x 2.3x 5.0x
Cash ratio 2.2x 2.2x 3.3x
Altman Z-score 3.75 5.93 12.57

Shareholder Returns

7 metrics
MetricAGCDEHL
Dividend yield 0.4% 0.1% 0.0%
Net buyback yield -1.0% 0.3% -0.4%
Shareholder yield -0.6% 0.4% -0.4%
Payout ratio (earnings) 0.5% – –
Payout ratio (FCF) 0.4% – –
Dividend growth (1Y) -20.6% – –
Dividend CAGR (3Y) -32.9% – –

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.

ConsensusAGCDEHL
Forward P/E 18.3xFY2026 13.6xFY2026 21.8xFY2026
EPS, next fiscal year $0.81FY2026 $1.00FY2026 $0.64FY2026
EPS growth, next FY +76.1%FY2026 +25.0%FY2026 +45.5%FY2026
EPS growth, the year after +17.3% +63.0% +40.6%
Revenue, next fiscal year $1.58BFY2026 $4.94BFY2026 $1.49BFY2026
Revenue growth, next FY +25.6%FY2026 +138.7%FY2026 +5.1%FY2026
Revenue growth, the year after +8.3% +18.1% -7.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAGCDEHL
Held by institutions 47.0% 76.7% 72.1%
Institutions holding 347 678 584
Change in shares held, QoQ -4.4% +2.7% +0.4%
Institutions buying 193 397 313
Institutions selling 104 192 187
Buyers to sellers 1.86 2.07 1.67

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.

AGCDEHL
AG 1.00 0.87 0.90
CDE 0.87 1.00 0.87
HL 0.90 0.87 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AG, CDE and HL?

Coeur Mining (CDE) is the largest by market capitalisation: First Majestic Silver (AG) $7.50B, Coeur Mining (CDE) $14.63B, Hecla Mining (HL) $9.82B.

Which stock is cheaper, AG, CDE and HL?

Coeur Mining (CDE) trades on the lowest price-to-earnings ratio (First Majestic Silver (AG) 21.6x, Coeur Mining (CDE) 17.2x, Hecla Mining (HL) 29.5x). On next year's consensus earnings, Coeur Mining (CDE) is cheapest (First Majestic Silver (AG) 18.3x, Coeur Mining (CDE) 13.6x, Hecla Mining (HL) 21.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Coeur Mining (CDE) grew revenue fastest over the trailing twelve months: First Majestic Silver (AG) +98.5%, Coeur Mining (CDE) +117.3%, Hecla Mining (HL) +74.4%.

Which company is more profitable?

Coeur Mining (CDE) has the highest net margin (First Majestic Silver (AG) 21.2%, Coeur Mining (CDE) 26.8%, Hecla Mining (HL) 20.8%). On return on invested capital, Hecla Mining (HL) leads (First Majestic Silver (AG) 12.0%, Coeur Mining (CDE) 5.9%, Hecla Mining (HL) 19.9%).

Which stock has performed better?

Over the past year First Majestic Silver (AG) returned the most: First Majestic Silver (AG) +15.7%, Coeur Mining (CDE) -26.8%, Hecla Mining (HL) +8.0%. Over five years, Hecla Mining (HL) compounded fastest (First Majestic Silver (AG) +2.4%/yr, Coeur Mining (CDE) +15.7%/yr, Hecla Mining (HL) +18.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: First Majestic Silver (AG) 0.00%, Coeur Mining (CDE) 0.00%, Hecla Mining (HL) 0.00%. Coeur Mining (CDE) and Hecla Mining (HL) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Hecla Mining (HL) has been the steadiest (First Majestic Silver (AG) 73.7%, Coeur Mining (CDE) 72.1%, Hecla Mining (HL) 71.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AG, CDE and HL?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Coeur Mining (CDE) leads on 6. 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.