B vs AU vs NEM Stock Comparison

Barrick Mining, AngloGold Ashanti and Newmont Prices as of Oct 23, 2026 Peers: Industry group
B Barrick Mining Corp
$38.13 -10.3% 1M +19.4% 1Y
Market cap
$65.26B
P/E
10.0x
Revenue (TTM)
$20.66B
Div. yield
0.01%
Gold Basic Materials
3 wins
AU AngloGold Ashanti PLC
$83.57 -15.4% 1M +21.8% 1Y
Market cap
$43.27B
P/E
11.4x
Revenue (TTM)
$11.83B
Div. yield
–
Gold Basic Materials
5 wins
NEM NEWMONT Corp /DE/
$108.86 -11.9% 1M +22.4% 1Y
Market cap
$115.72B
P/E
12.5x
Revenue (TTM)
$26.61B
Div. yield
0.01%
Gold Basic Materials
4 wins

Head to Head

12 decided of 12

AngloGold Ashanti leads on 5 of the 12 questions below (AngloGold Ashanti 5, Newmont 4, Barrick Mining 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBAUNEMLeader
Larger companyMarket capitalisation $65.26B $43.27B $115.72B NEM
Cheaper on earningsLower P/E, profitable companies only 10.0x 11.4x 12.5x B
Cheaper on forward earningsLower price / next fiscal year consensus EPS 10.1x 9.6x 11.5x AU
Faster revenue growthRevenue growth, trailing twelve months +49.4% +54.6% +23.7% AU
More profitableNet margin, trailing twelve months 31.6% 32.2% 34.7% NEM
Better return on capitalReturn on invested capital 24.8% 40.5% 8.6% AU
Less leveragedLower net debt / EBITDA -0.1x — -0.5x NEM
Higher dividend yieldTrailing dividend yield 0.01% 0.00% 0.01% B
Better 1-year returnPrice return, last 12 months +19.4% +21.8% +22.4% NEM
Better 5-year returnAnnualised price return, 5 years +14.4%/yr +33.8%/yr +13.6%/yr AU
Less volatileAnnualised volatility, 1 year 46.8% 60.4% 48.7% B
Higher overall scoreMean of the five percentile scores vs peers 79/100 81/100 72/100 AU

Percentile Scorecard

BAUNEM

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

AxisBAUNEM
Valuation 87 #22 of 162 76 #40 of 162 72 #46 of 162
Growth 90 #15 of 147 88 #18 of 147 83 #26 of 147
Profitability 93 #9 of 122 97 #5 of 122 84 #20 of 122
Financial Health 53 #78 of 166 49 #85 of 166 54 #77 of 166
Shareholder Returns 73 #30 of 107 97 #4 of 107 65 #38 of 107
Overall 79 81 72
  • B ranked among 176 companies in Metals and Mining
  • AU ranked among 176 companies in Metals and Mining
  • NEM 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

PeriodBAUNEMSPY
1 month -10.3%-15.4%-11.9% -1.0%
3 months +2.7%+4.9%+16.8% +2.9%
6 months -7.2%-15.8%-9.8% +6.4%
Year to date -12.4%-2.0%+9.0% +11.4%
1 year +19.4%+21.8%+22.4% +13.1%
3 years +130.3%+347.1%+183.1% +79.4%
3 years, per year +32.1%+64.8%+41.5% +21.5%
5 years +95.7%+328.1%+89.0% +67.7%
5 years, per year +14.4%+33.8%+13.6% +10.9%
10 years +125.4%+502.1%+199.5% +255.2%
10 years, per year +8.5%+19.7%+11.6% +13.5%

Risk

MeasureBAUNEMSPY
Volatility, 1Y 46.8%60.4%48.7% 12.7%
Downside volatility, 1Y 50.2%62.1%52.5% 12.7%
Beta vs S&P 500, 1Y 1.772.131.70 1.00
Return / volatility, 1Y 0.410.360.46 1.03
Max drawdown, 5Y -48.8%-52.8%-65.0% -25.4%
From 52-week high -28.0%-34.8%-19.4% -2.5%
52-week high $52.98$128.26$135.14 $779.14
52-week low $31.67$63.61$78.63 $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.

MultipleBAUNEM
P/E now vs peer median 10.0xmedian 12.7x 11.2xmedian 12.7x 12.4xmedian 12.7x
P/S now vs peer median 3.1xmedian 3.1x 3.6xmedian 3.1x 4.3xmedian 3.1x
EV/EBITDA now vs peer median 4.8xmedian 6.9x —median 6.9x 13.5xmedian 6.9x
P/FCF now vs peer median 5.7xmedian 15.1x 6.7xmedian 15.1x 11.2xmedian 15.1x
P/B now vs peer median 2.3xmedian 2.1x 4.7xmedian 2.1x 3.2xmedian 2.1x
PEG now vs peer median 0.03median 0.27 —median 0.27 0.10median 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 monthsBAUNEM
Revenue $20.66B $11.83B $26.61B
Gross profit $11.56B $6.48B $18.41B
Operating income $10.94B $4.91B $5.60B
Net income $9.49B $4.48B $9.44B
Free cash flow $11.25B $6.34B $10.07B
R&D $481.00M $259.00M $193.00M
EPS (diluted) $3.82 $7.48 $8.79
Cash & equivalents $5.93B $2.78B $8.83B
Total debt $18.98B $1.57B $5.09B
Shares (diluted) 1.71B 509.09M 1.05B
Enterprise value $40.46B $31.16B $80.86B

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
MetricBAUNEM
P/E 10.0x 11.2x 12.4x
P/FCF 5.7x 6.7x 11.2x
P/Operating cash flow 6.8x 6.8x 8.6x
P/S 3.1x 3.6x 4.3x
P/B 2.3x 4.7x 3.2x
P/Tangible book 2.4x 4.7x 3.2x
EV/EBITDA 4.8x – 13.5x
EV/EBIT 5.7x 8.3x 19.5x
EV/Revenue 3.0x 3.5x 4.1x
EV/FCF 5.6x 6.4x 10.9x
EV/Operating cash flow 6.7x 6.6x 8.4x
PEG (3Y EPS CAGR) 0.03 – 0.10

Growth

14 metrics
MetricBAUNEM
Revenue growth (1Y) 49.4% 54.6% 23.7%
Revenue CAGR (3Y) 24.2% – 34.0%
Gross profit growth (1Y) 89.0% 97.4% 41.0%
Gross profit CAGR (3Y) 56.9% – 55.7%
Operating income growth (1Y) 111.0% 165.2% 298.7%
Operating income CAGR (3Y) 62.3% – 42.0%
Net income growth (1Y) 137.0% 115.8% 30.4%
Net income CAGR (3Y) 196.2% – 136.8%
EPS growth (1Y) 142.2% 78.5% 34.6%
EPS CAGR (3Y) 332.2% – 119.7%
Operating cash flow growth (1Y) 84.0% 103.4% 42.0%
Operating cash flow CAGR (3Y) 43.8% – 60.7%
Free cash flow growth (1Y) 69.3% 108.6% 64.6%
Free cash flow CAGR (3Y) 33.2% – 136.1%

Profitability

14 metrics
MetricBAUNEM
Gross margin 56.0% 54.8% 69.2%
EBITDA margin 63.2% – 30.6%
Operating margin 53.0% 41.5% 21.0%
Pretax margin 58.9% 51.7% 52.8%
Net margin 31.6% 32.2% 34.7%
FCF margin 54.4% 53.6% 37.9%
Operating cash flow margin 45.5% 52.3% 49.2%
Return on equity 29.6% 46.3% 26.5%
Return on assets 18.1% 28.7% 16.3%
Return on invested capital 24.8% 40.5% 8.6%
Return on capital employed 22.2% 35.2% 10.7%
Asset turnover 0.4x 0.8x 0.5x
Cash conversion (OCF / net income) 1.0x 1.4x 1.4x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricBAUNEM
Debt / assets 8.9% 10.1% 8.7%
Debt / equity 0.2x 0.2x 0.1x
Net debt / EBITDA -0.1x – -0.5x
Debt / FCF 0.4x 0.2x 0.5x
Liabilities / assets 47.8% 42.4% 38.4%
Equity / assets 52.2% 57.6% 61.6%
Interest coverage 63.6x – –
Current ratio 3.0x 2.7x 2.5x
Quick ratio 2.1x 2.1x 1.9x
Cash ratio 1.9x 1.8x 1.6x
Altman Z-score 2.78 – 4.14

Shareholder Returns

7 metrics
MetricBAUNEM
Dividend yield 2.5% 5.4% 0.9%
Net buyback yield 0.2% – 5.0%
Shareholder yield 2.6% 5.4% 6.0%
Payout ratio (earnings) 8.5% – 11.7%
Payout ratio (FCF) 7.2% – 10.9%
Dividend growth (1Y) -7.5% – -1.2%
Dividend CAGR (3Y) -0.1% – -7.4%

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.

ConsensusBAUNEM
Forward P/E 10.1xFY2026 9.6xFY2026 11.5xFY2026
EPS, next fiscal year $3.76FY2026 $8.67FY2026 $9.48FY2026
EPS growth, next FY +56.0%FY2026 +61.5%FY2026 +37.6%FY2026
EPS growth, the year after +14.1% +11.0% +13.9%
Revenue, next fiscal year $20.00BFY2026 $11.91BFY2026 $24.93BFY2026
Revenue growth, next FY +18.3%FY2026 +22.5%FY2026 +10.0%FY2026
Revenue growth, the year after +25.1% +4.2% +21.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBAUNEM
Held by institutions 58.0% 45.9% 77.2%
Institutions holding 1,005 563 1,786
Change in shares held, QoQ -4.7% +3.0% +1.5%
Institutions buying 486 323 841
Institutions selling 337 166 719
Buyers to sellers 1.44 1.95 1.17

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.

BAUNEM
B 1.00 0.85 0.88
AU 0.85 1.00 0.86
NEM 0.88 0.86 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, B, AU and NEM?

Newmont (NEM) is the largest by market capitalisation: Barrick Mining (B) $65.26B, AngloGold Ashanti (AU) $43.27B, Newmont (NEM) $115.72B.

Which stock is cheaper, B, AU and NEM?

Barrick Mining (B) trades on the lowest price-to-earnings ratio (Barrick Mining (B) 10.0x, AngloGold Ashanti (AU) 11.4x, Newmont (NEM) 12.5x). On next year's consensus earnings, AngloGold Ashanti (AU) is cheapest (Barrick Mining (B) 10.1x, AngloGold Ashanti (AU) 9.6x, Newmont (NEM) 11.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

AngloGold Ashanti (AU) grew revenue fastest over the trailing twelve months: Barrick Mining (B) +49.4%, AngloGold Ashanti (AU) +54.6%, Newmont (NEM) +23.7%.

Which company is more profitable?

Newmont (NEM) has the highest net margin (Barrick Mining (B) 31.6%, AngloGold Ashanti (AU) 32.2%, Newmont (NEM) 34.7%). On return on invested capital, AngloGold Ashanti (AU) leads (Barrick Mining (B) 24.8%, AngloGold Ashanti (AU) 40.5%, Newmont (NEM) 8.6%).

Which stock has performed better?

Over the past year Newmont (NEM) returned the most: Barrick Mining (B) +19.4%, AngloGold Ashanti (AU) +21.8%, Newmont (NEM) +22.4%. Over five years, AngloGold Ashanti (AU) compounded fastest (Barrick Mining (B) +14.4%/yr, AngloGold Ashanti (AU) +33.8%/yr, Newmont (NEM) +13.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Barrick Mining (B) has the highest dividend yield: Barrick Mining (B) 0.01%, AngloGold Ashanti (AU) 0.00%, Newmont (NEM) 0.01%. AngloGold Ashanti (AU) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Barrick Mining (B) has been the steadiest (Barrick Mining (B) 46.8%, AngloGold Ashanti (AU) 60.4%, Newmont (NEM) 48.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, B, AU and NEM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, AngloGold Ashanti (AU) 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.