AGI vs EQX vs AEM Stock Comparison

Alamos Gold, Equinox Gold and Agnico Eagle Mines Prices as of Oct 29, 2026 Peers: Industry group
1 more company in this comparison (AU) Create a free account to keep reading and compare up to 10 companies.
AGI Alamos Gold Inc
$28.83 -12.8% 1M -9.5% 1Y
Market cap
$12.10B
P/E
11.4x
Revenue (TTM)
$2.28B
Div. yield
0.52%
Gold Basic Materials
4 wins
EQX Equinox Gold Corp.
$10.18 -10.6% 1M -6.7% 1Y
Market cap
$8.00B
P/E
13.0x
Revenue (TTM)
$2.41B
Div. yield
0.39%
Gold Basic Materials
2 wins
AEM Agnico Eagle Mines Ltd
$175.71 -5.4% 1M +12.1% 1Y
Market cap
$87.86B
P/E
14.3x
Revenue (TTM)
$15.05B
Div. yield
1.00%
Gold Basic Materials
6 wins

Head to Head

12 decided of 12

Agnico Eagle Mines leads on 6 of the 12 questions below (Agnico Eagle Mines 6, Alamos Gold 4, Equinox Gold 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAGIEQXAEMLeader
Larger companyMarket capitalisation $12.10B $8.00B $87.86B AEM
Cheaper on earningsLower P/E, profitable companies only 11.4x 13.0x 14.3x AGI
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.9x 10.2x 16.1x EQX
Faster revenue growthRevenue growth, trailing twelve months +41.5% +98.8% +42.4% EQX
More profitableNet margin, trailing twelve months 46.7% 20.5% 41.0% AGI
Better return on capitalReturn on invested capital 25.6% 9.9% 21.0% AGI
Less leveragedLower net debt / EBITDA -0.3x 0.1x -0.3x AEM
Higher dividend yieldTrailing dividend yield 0.52% 0.39% 1.00% AEM
Better 1-year returnPrice return, last 12 months -9.5% -6.7% +12.1% AEM
Better 5-year returnAnnualised price return, 5 years +31.1%/yr +6.5%/yr +27.1%/yr AGI
Less volatileAnnualised volatility, 1 year 55.5% 62.5% 48.3% AEM
Higher overall scoreMean of the five percentile scores vs peers 69/100 71/100 78/100 AEM

Percentile Scorecard

AGIEQXAEM

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

AxisAGIEQXAEM
Valuation 62 #63 of 163 79 #35 of 163 66 #56 of 163
Growth 71 #43 of 148 100 #1 of 148 74 #40 of 148
Profitability 89 #15 of 123 71 #36 of 123 95 #7 of 123
Financial Health 61 #64 of 164 63 #61 of 164 77 #39 of 164
Shareholder Returns 65 #39 of 108 42 #63 of 108 79 #23 of 108
Overall 69 71 78
  • AGI ranked among 176 companies in Metals and Mining
  • EQX ranked among 176 companies in Metals and Mining
  • AEM 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

PeriodAGIEQXAEMSPY
1 month -12.8%-10.6%-5.4% +0.7%
3 months +1.5%+8.0%+16.6% +3.7%
6 months -27.8%-27.1%-6.6% +7.1%
Year to date -25.3%-27.5%+3.6% +12.8%
1 year -9.5%-6.7%+12.1% +11.9%
3 years +126.1%+126.7%+269.0% +85.2%
3 years, per year +31.3%+31.4%+54.6% +22.8%
5 years +287.5%+37.0%+231.2% +67.6%
5 years, per year +31.1%+6.5%+27.1% +10.9%
10 years +275.4%+35.9%+255.7% +262.0%
10 years, per year +14.1%+3.1%+13.5% +13.7%

Risk

MeasureAGIEQXAEMSPY
Volatility, 1Y 55.5%62.5%48.3% 12.7%
Downside volatility, 1Y 60.9%64.8%51.3% 12.6%
Beta vs S&P 500, 1Y 1.922.111.75 1.00
Return / volatility, 1Y -0.17-0.110.25 0.94
Max drawdown, 5Y -49.7%-71.6%-45.9% -25.4%
From 52-week high -47.9%-45.7%-30.3% -1.2%
52-week high $55.33$18.76$252.19 $779.14
52-week low $27.82$8.61$136.36 $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.

MultipleAGIEQXAEM
P/E now vs peer median 11.4xmedian 13.2x 13.0xmedian 13.2x 14.3xmedian 13.2x
P/S now vs peer median 5.3xmedian 3.1x 3.3xmedian 3.1x 5.8xmedian 3.1x
EV/EBITDA now vs peer median 7.8xmedian 7.2x 6.5xmedian 7.2x 7.8xmedian 7.2x
P/FCF now vs peer median -521.7xmedian 15.2x —median 15.2x 15.6xmedian 15.2x
P/B now vs peer median 2.4xmedian 2.2x 1.3xmedian 2.2x 3.0xmedian 2.2x
PEG now vs peer median 0.16median 0.30 0.09median 0.30 0.49median 0.30

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 monthsAGIEQXAEM
Revenue $2.28B $2.41B $15.05B
Gross profit – – $9.92B
Operating income $1.30B $740.90M $9.17B
Net income $1.06B $1.74B $6.17B
Free cash flow -$23.20M – $5.65B
R&D $35.10M $25.27M $501.74M
EPS (diluted) $2.51 $0.78 $12.26
Cash & equivalents $597.40M $317.78M $3.61B
Total debt $200.00M $553.95M $197.10M
Shares (diluted) 422.66M 630.31M 503.43M
Enterprise value $9.40B $5.96B $74.81B

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
MetricAGIEQXAEM
P/E 11.4x 13.0x 14.3x
P/FCF -521.7x – 15.6x
P/Operating cash flow – – 11.9x
P/S 5.3x 3.3x 5.8x
P/B 2.4x 1.3x 3.0x
P/Tangible book 2.4x 1.3x 3.0x
EV/EBITDA 7.8x 6.5x 7.8x
EV/EBIT 9.0x 10.9x 9.2x
EV/Revenue 5.1x 3.3x 5.6x
EV/FCF -502.7x – 15.0x
EV/Operating cash flow – – 11.5x
PEG (3Y EPS CAGR) 0.16 0.09 0.49

Growth

14 metrics
MetricAGIEQXAEM
Revenue growth (1Y) 41.5% 98.8% 42.4%
Revenue CAGR (3Y) 31.5% 33.7% 34.0%
Gross profit growth (1Y) – – 60.0%
Gross profit CAGR (3Y) – – 42.5%
Operating income growth (1Y) 40.7% 363.9% 25.4%
Operating income CAGR (3Y) 61.7% 256.1% 38.7%
Net income growth (1Y) 97.3% 638.7% 79.0%
Net income CAGR (3Y) 73.5% 385.5% 35.0%
EPS growth (1Y) 91.6% 372.4% 78.1%
EPS CAGR (3Y) 71.5% 149.9% 28.9%
Operating cash flow growth (1Y) – – 26.0%
Operating cash flow CAGR (3Y) – – 48.3%
Free cash flow growth (1Y) -118.6% – 28.9%
Free cash flow CAGR (3Y) -26.9% – 13.3%

Profitability

14 metrics
MetricAGIEQXAEM
Gross margin – – 65.9%
EBITDA margin 65.6% 51.5% 72.4%
Operating margin 57.2% 30.7% 60.9%
Pretax margin 65.7% 26.8% 60.9%
Net margin 46.7% 20.5% 41.0%
FCF margin -1.0% – 37.5%
Operating cash flow margin – – 48.9%
Return on equity 21.8% 16.3% 21.2%
Return on assets 15.6% 9.7% 16.0%
Return on invested capital 25.6% 9.9% 21.0%
Return on capital employed 20.8% – 25.3%
Asset turnover 0.3x 0.4x 0.4x
Cash conversion (OCF / net income) – – 1.2x
Stock comp / revenue 1.3% – 0.6%

Financial Health

11 metrics
MetricAGIEQXAEM
Debt / assets 2.9% 5.7% 0.5%
Debt / equity 0.0x 0.1x 0.0x
Net debt / EBITDA -0.3x 0.1x -0.3x
Debt / FCF -8.6x – 0.0x
Liabilities / assets 28.3% 35.0% 24.3%
Equity / assets 71.7% 65.0% 75.7%
Interest coverage – 21.9x 143.3x
Current ratio 2.0x – 2.7x
Quick ratio 1.3x – 1.6x
Cash ratio 1.2x – 1.6x
Altman Z-score 4.91 – 7.15

Shareholder Returns

7 metrics
MetricAGIEQXAEM
Dividend yield 0.5% 0.4% 1.0%
Net buyback yield 0.0% – 0.1%
Shareholder yield 0.5% 0.4% 1.1%
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.

ConsensusAGIEQXAEM
Forward P/E 12.9xFY2026 10.2xFY2026 16.1xFY2026
EPS, next fiscal year $2.24FY2026 $1.00FY2026 $10.92FY2026
EPS growth, next FY +60.0%FY2026 +49.3%FY2026 +32.8%FY2026
EPS growth, the year after +21.4% +31.0% +3.2%
Revenue, next fiscal year $2.52BFY2026 $4.20BFY2026 $14.44BFY2026
Revenue growth, next FY +39.2%FY2026 +130.7%FY2026 +22.2%FY2026
Revenue growth, the year after +26.5% +32.3% +2.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAGIEQXAEM
Held by institutions 56.4% 70.9% 62.5%
Institutions holding 473 328 1,054
Change in shares held, QoQ -1.1% +0.5% -0.6%
Institutions buying 241 185 467
Institutions selling 151 88 397
Buyers to sellers 1.60 2.10 1.18

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.

AGIEQXAEM
AGI 1.00 0.84 0.87
EQX 0.84 1.00 0.87
AEM 0.87 0.87 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AGI, EQX and AEM?

Agnico Eagle Mines (AEM) is the largest by market capitalisation: Alamos Gold (AGI) $12.10B, Equinox Gold (EQX) $8.00B, Agnico Eagle Mines (AEM) $87.86B.

Which stock is cheaper, AGI, EQX and AEM?

Alamos Gold (AGI) trades on the lowest price-to-earnings ratio (Alamos Gold (AGI) 11.4x, Equinox Gold (EQX) 13.0x, Agnico Eagle Mines (AEM) 14.3x). On next year's consensus earnings, Equinox Gold (EQX) is cheapest (Alamos Gold (AGI) 12.9x, Equinox Gold (EQX) 10.2x, Agnico Eagle Mines (AEM) 16.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Equinox Gold (EQX) grew revenue fastest over the trailing twelve months: Alamos Gold (AGI) +41.5%, Equinox Gold (EQX) +98.8%, Agnico Eagle Mines (AEM) +42.4%.

Which company is more profitable?

Alamos Gold (AGI) has the highest net margin (Alamos Gold (AGI) 46.7%, Equinox Gold (EQX) 20.5%, Agnico Eagle Mines (AEM) 41.0%). On return on invested capital, Alamos Gold (AGI) leads (Alamos Gold (AGI) 25.6%, Equinox Gold (EQX) 9.9%, Agnico Eagle Mines (AEM) 21.0%).

Which stock has performed better?

Over the past year Agnico Eagle Mines (AEM) returned the most: Alamos Gold (AGI) -9.5%, Equinox Gold (EQX) -6.7%, Agnico Eagle Mines (AEM) +12.1%. Over five years, Alamos Gold (AGI) compounded fastest (Alamos Gold (AGI) +31.1%/yr, Equinox Gold (EQX) +6.5%/yr, Agnico Eagle Mines (AEM) +27.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Agnico Eagle Mines (AEM) has the highest dividend yield: Alamos Gold (AGI) 0.52%, Equinox Gold (EQX) 0.39%, Agnico Eagle Mines (AEM) 1.00%.

Which stock is riskier?

By one-year price volatility, Agnico Eagle Mines (AEM) has been the steadiest (Alamos Gold (AGI) 55.5%, Equinox Gold (EQX) 62.5%, Agnico Eagle Mines (AEM) 48.3%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Agnico Eagle Mines (AEM) 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.