AGI vs EQX vs AEM Stock Comparison

Alamos Gold, Equinox Gold and Agnico Eagle Mines Prices as of Oct 26, 2026 Peers: Industry group
AGI Alamos Gold Inc
$30.22 -12.4% 1M -4.2% 1Y
Market cap
$13.09B
P/E
11.2x
Revenue (TTM)
$2.23B
Div. yield
–
Gold Basic Materials
4 wins
EQX Equinox Gold Corp.
$10.06 -15.5% 1M -8.8% 1Y
Market cap
$6.57B
P/E
13.3x
Revenue (TTM)
$2.41B
Div. yield
–
Gold Basic Materials
2 wins
AEM Agnico Eagle Mines Ltd
$175.68 -9.6% 1M +7.5% 1Y
Market cap
$90.58B
P/E
15.4x
Revenue (TTM)
$14.53B
Div. yield
–
Gold Basic Materials
5 wins

Head to Head

11 decided of 12

Agnico Eagle Mines leads on 5 of the 12 questions below (Agnico Eagle Mines 5, 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 $13.09B $6.57B $90.58B AEM
Cheaper on earningsLower P/E, profitable companies only 11.2x 13.3x 15.4x AGI
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.5x 10.1x 16.1x EQX
Faster revenue growthRevenue growth, trailing twelve months +47.8% +98.8% +50.3% EQX
More profitableNet margin, trailing twelve months 52.6% 20.5% 40.4% AGI
Better return on capitalReturn on invested capital 30.3% 9.9% 23.3% AGI
Less leveragedLower net debt / EBITDA -0.3x 0.1x -0.3x AEM
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -4.2% -8.8% +7.5% AEM
Better 5-year returnAnnualised price return, 5 years +29.6%/yr +4.9%/yr +25.4%/yr AGI
Less volatileAnnualised volatility, 1 year 54.8% 62.5% 48.1% AEM
Higher overall scoreMean of the five percentile scores vs peers 72/100 70/100 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 60 #65 of 162 79 #35 of 162 65 #58 of 162
Growth 78 #33 of 147 100 #1 of 147 75 #38 of 147
Profitability 90 #13 of 122 70 #37 of 122 95 #7 of 122
Financial Health 70 #51 of 165 62 #63 of 165 76 #40 of 165
Shareholder Returns 61 #42 of 107 41 #64 of 107 79 #23 of 107
Overall 72 70 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 -12.4%-15.5%-9.6% -0.8%
3 months +1.7%+5.7%+20.4% +3.5%
6 months -30.6%-29.8%-11.3% +7.0%
Year to date -21.7%-28.3%+3.6% +12.2%
1 year -4.2%-8.8%+7.5% +13.0%
3 years +135.7%+118.2%+260.1% +86.3%
3 years, per year +33.1%+29.7%+53.3% +23.1%
5 years +265.0%+27.2%+209.7% +68.6%
5 years, per year +29.6%+4.9%+25.4% +11.0%
10 years +260.2%+34.5%+263.0% +258.0%
10 years, per year +13.7%+3.0%+13.8% +13.6%

Risk

MeasureAGIEQXAEMSPY
Volatility, 1Y 54.8%62.5%48.1% 12.7%
Downside volatility, 1Y 59.6%64.9%50.9% 12.7%
Beta vs S&P 500, 1Y 1.892.091.73 1.00
Return / volatility, 1Y -0.08-0.140.16 1.02
Max drawdown, 5Y -49.7%-71.6%-45.9% -25.4%
From 52-week high -45.4%-46.4%-30.3% -1.8%
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 10.8xmedian 12.8x 12.8xmedian 12.8x 15.0xmedian 12.8x
P/S now vs peer median 5.7xmedian 3.1x 3.3xmedian 3.1x 6.0xmedian 3.1x
EV/EBITDA now vs peer median 7.2xmedian 7.0x 6.4xmedian 7.0x 7.5xmedian 7.0x
P/FCF now vs peer median -110.2xmedian 15.2x —median 15.2x 16.2xmedian 15.2x
P/B now vs peer median 2.6xmedian 2.1x 1.2xmedian 2.1x 3.1xmedian 2.1x
PEG now vs peer median 0.12median 0.29 0.09median 0.29 0.52median 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 monthsAGIEQXAEM
Revenue $2.23B $2.41B $14.53B
Gross profit – – $9.99B
Operating income $1.49B $740.90M $9.64B
Net income $1.17B $1.74B $5.87B
Free cash flow -$115.10M – $5.43B
R&D $27.80M $25.27M $226.87M
EPS (diluted) $2.78 $0.78 $11.67
Cash & equivalents $636.90M $317.78M $3.46B
Total debt $900.00M $553.95M $785.64M
Shares (diluted) 422.66M 630.31M 503.43M
Enterprise value $10.51B $4.53B $80.22B

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 10.8x 12.8x 15.0x
P/FCF -110.2x – 16.2x
P/Operating cash flow – – 11.8x
P/S 5.7x 3.3x 6.0x
P/B 2.6x 1.2x 3.1x
P/Tangible book 2.6x 1.2x 3.1x
EV/EBITDA 7.2x 6.4x 7.5x
EV/EBIT 8.2x 10.8x 8.8x
EV/Revenue 5.5x 3.3x 5.8x
EV/FCF -106.1x – 15.6x
EV/Operating cash flow – – 11.4x
PEG (3Y EPS CAGR) 0.12 0.09 0.52

Growth

14 metrics
MetricAGIEQXAEM
Revenue growth (1Y) 47.8% 98.8% 50.3%
Revenue CAGR (3Y) 32.5% 33.7% 33.8%
Gross profit growth (1Y) – – 72.8%
Gross profit CAGR (3Y) – – 44.0%
Operating income growth (1Y) 128.1% 363.9% 49.1%
Operating income CAGR (3Y) 80.0% 256.1% 42.3%
Net income growth (1Y) 238.3% 638.7% 98.5%
Net income CAGR (3Y) 92.1% 385.5% 34.7%
EPS growth (1Y) 228.6% 372.4% 97.4%
EPS CAGR (3Y) 90.4% 149.9% 28.7%
Operating cash flow growth (1Y) – – 45.3%
Operating cash flow CAGR (3Y) – – 47.2%
Free cash flow growth (1Y) -144.0% – 55.8%
Free cash flow CAGR (3Y) -30.7% – 11.0%

Profitability

14 metrics
MetricAGIEQXAEM
Gross margin – – 68.8%
EBITDA margin 75.7% 51.5% 78.0%
Operating margin 66.8% 30.7% 66.3%
Pretax margin 75.9% 26.8% 60.4%
Net margin 52.6% 20.5% 40.4%
FCF margin -5.2% – 37.4%
Operating cash flow margin – – 51.1%
Return on equity 24.9% 16.3% 21.4%
Return on assets 17.7% 9.7% 16.1%
Return on invested capital 30.3% 9.9% 23.3%
Return on capital employed 24.5% – 27.9%
Asset turnover 0.3x 0.4x 0.4x
Cash conversion (OCF / net income) – – 1.3x
Stock comp / revenue 2.1% – 0.7%

Financial Health

11 metrics
MetricAGIEQXAEM
Debt / assets 3.0% 5.7% 0.5%
Debt / equity 0.0x 0.1x 0.0x
Net debt / EBITDA -0.3x 0.1x -0.3x
Debt / FCF -1.7x – 0.0x
Liabilities / assets 28.4% 35.0% 24.3%
Equity / assets 71.6% 65.0% 75.7%
Interest coverage 316.7x 21.9x 131.9x
Current ratio 2.1x – 2.9x
Quick ratio 1.3x – 1.8x
Cash ratio 1.2x – 1.8x
Altman Z-score 5.29 – 7.38

Shareholder Returns

7 metrics
MetricAGIEQXAEM
Dividend yield 0.5% 0.4% 1.0%
Net buyback yield 0.0% – 0.3%
Shareholder yield 0.5% 0.4% 1.3%
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 13.5xFY2026 10.1xFY2026 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 472 327 1,053
Change in shares held, QoQ -1.1% +0.5% -0.6%
Institutions buying 240 184 467
Institutions selling 151 88 396
Buyers to sellers 1.59 2.09 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 0.85 0.87
EQX 0.85 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) $13.09B, Equinox Gold (EQX) $6.57B, Agnico Eagle Mines (AEM) $90.58B.

Which stock is cheaper, AGI, EQX and AEM?

Alamos Gold (AGI) trades on the lowest price-to-earnings ratio (Alamos Gold (AGI) 11.2x, Equinox Gold (EQX) 13.3x, Agnico Eagle Mines (AEM) 15.4x). On next year's consensus earnings, Equinox Gold (EQX) is cheapest (Alamos Gold (AGI) 13.5x, Equinox Gold (EQX) 10.1x, 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) +47.8%, Equinox Gold (EQX) +98.8%, Agnico Eagle Mines (AEM) +50.3%.

Which company is more profitable?

Alamos Gold (AGI) has the highest net margin (Alamos Gold (AGI) 52.6%, Equinox Gold (EQX) 20.5%, Agnico Eagle Mines (AEM) 40.4%). On return on invested capital, Alamos Gold (AGI) leads (Alamos Gold (AGI) 30.3%, Equinox Gold (EQX) 9.9%, Agnico Eagle Mines (AEM) 23.3%).

Which stock has performed better?

Over the past year Agnico Eagle Mines (AEM) returned the most: Alamos Gold (AGI) -4.2%, Equinox Gold (EQX) -8.8%, Agnico Eagle Mines (AEM) +7.5%. Over five years, Alamos Gold (AGI) compounded fastest (Alamos Gold (AGI) +29.6%/yr, Equinox Gold (EQX) +4.9%/yr, Agnico Eagle Mines (AEM) +25.4%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Agnico Eagle Mines (AEM) has been the steadiest (Alamos Gold (AGI) 54.8%, Equinox Gold (EQX) 62.5%, Agnico Eagle Mines (AEM) 48.1%). 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 5. 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.