B vs NEM vs PAAS Stock Comparison

Barrick Mining, Newmont and Pan American Silver Prices as of Oct 27, 2026 Peers: Industry group
B Barrick Mining Corp
$39.25 -8.5% 1M +23.3% 1Y
Market cap
$66.95B
P/E
10.3x
Revenue (TTM)
$20.66B
Div. yield
0.01%
Gold Basic Materials
8 wins
NEM NEWMONT Corp /DE/
$112.65 -7.2% 1M +43.3% 1Y
Market cap
$118.26B
P/E
12.8x
Revenue (TTM)
$26.61B
Div. yield
0.01%
Gold Basic Materials
3 wins

Head to Head

12 decided of 12

Barrick Mining leads on 8 of the 12 questions below (Barrick Mining 8, Newmont 3, Pan American Silver 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBNEMPAASLeader
Larger companyMarket capitalisation $66.95B $118.26B $15.76B NEM
Cheaper on earningsLower P/E, profitable companies only 10.3x 12.8x 50.9x B
Cheaper on forward earningsLower price / next fiscal year consensus EPS 10.5x 11.8x 13.1x B
Faster revenue growthRevenue growth, trailing twelve months +49.4% +23.7% +2.3% B
More profitableNet margin, trailing twelve months 31.6% 34.7% 9.7% NEM
Better return on capitalReturn on invested capital 24.8% 8.6% 0.0% B
Less leveragedLower net debt / EBITDA -0.1x -0.5x -4.4x PAAS
Higher dividend yieldTrailing dividend yield 0.01% 0.01% 0.00% B
Better 1-year returnPrice return, last 12 months +23.3% +43.3% +20.0% NEM
Better 5-year returnAnnualised price return, 5 years +15.7%/yr +15.5%/yr +9.7%/yr B
Less volatileAnnualised volatility, 1 year 46.8% 48.0% 57.9% B
Higher overall scoreMean of the five percentile scores vs peers 78/100 72/100 68/100 B

Percentile Scorecard

BNEMPAAS

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

AxisBNEMPAAS
Valuation 87 #22 of 162 73 #45 of 162 57 #71 of 162
Growth 90 #15 of 147 83 #26 of 147 73 #40 of 147
Profitability 93 #9 of 122 84 #21 of 122 52 #59 of 122
Financial Health 52 #79 of 164 54 #76 of 164 85 #25 of 164
Shareholder Returns 68 #35 of 107 65 #38 of 107 71 #32 of 107
Overall 78 72 68
  • B ranked among 176 companies in Metals and Mining
  • NEM ranked among 176 companies in Metals and Mining
  • PAAS 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

PeriodBNEMPAASSPY
1 month -8.5%-7.2%-13.3% -0.2%
3 months +7.0%+23.1%-3.7% +3.9%
6 months +0.2%+2.5%-20.5% +8.2%
Year to date -9.9%+12.8%-19.6% +12.9%
1 year +23.3%+43.3%+20.0% +12.3%
3 years +140.4%+189.1%+175.5% +87.4%
3 years, per year +34.0%+42.5%+40.2% +23.3%
5 years +107.2%+105.1%+58.8% +67.9%
5 years, per year +15.7%+15.5%+9.7% +10.9%
10 years +132.9%+223.8%+168.4% +261.1%
10 years, per year +8.8%+12.5%+10.4% +13.7%

Risk

MeasureBNEMPAASSPY
Volatility, 1Y 46.8%48.0%57.9% 12.7%
Downside volatility, 1Y 50.3%51.3%60.1% 12.7%
Beta vs S&P 500, 1Y 1.801.802.07 1.00
Return / volatility, 1Y 0.500.900.34 0.97
Max drawdown, 5Y -48.8%-65.0%-59.2% -25.4%
From 52-week high -25.9%-16.6%-39.4% -1.2%
52-week high $52.98$135.14$68.70 $779.14
52-week low $31.67$78.63$33.20 $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.

MultipleBNEMPAAS
P/E now vs peer median 10.3xmedian 13.3x 12.8xmedian 13.3x 51.3xmedian 13.3x
P/S now vs peer median 3.2xmedian 3.2x 4.4xmedian 3.2x 5.5xmedian 3.2x
EV/EBITDA now vs peer median 4.9xmedian 7.3x 13.9xmedian 7.3x 45.0xmedian 7.3x
P/FCF now vs peer median 5.8xmedian 14.7x 11.6xmedian 14.7x 15.7xmedian 14.7x
P/B now vs peer median 2.4xmedian 2.2x 3.3xmedian 2.2x 2.4xmedian 2.2x
PEG now vs peer median 0.03median 0.31 0.11median 0.31 1.16median 0.31

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 monthsBNEMPAAS
Revenue $20.66B $26.61B $3.19B
Gross profit $11.56B $18.41B $882.07M
Operating income $10.94B $5.60B $1.90M
Net income $9.49B $9.44B $930.65M
Free cash flow $11.25B $10.07B $1.12B
R&D $481.00M $193.00M –
EPS (diluted) $3.82 $8.79 $0.81
Cash & equivalents $5.93B $8.83B $1.57B
Total debt $18.98B $5.09B $3.00M
Shares (diluted) 1.71B 1.05B 381.58M
Enterprise value $42.15B $83.41B $10.61B

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
MetricBNEMPAAS
P/E 10.3x 12.8x 51.3x
P/FCF 5.8x 11.6x 15.7x
P/Operating cash flow 7.0x 8.9x 15.7x
P/S 3.2x 4.4x 5.5x
P/B 2.4x 3.3x 2.4x
P/Tangible book 2.4x 3.3x 2.4x
EV/EBITDA 4.9x 13.9x 45.0x
EV/EBIT 5.9x 20.2x 8,419x
EV/Revenue 3.1x 4.3x 5.0x
EV/FCF 5.7x 11.2x 14.3x
EV/Operating cash flow 6.9x 8.7x 14.3x
PEG (3Y EPS CAGR) 0.03 0.11 1.16

Growth

14 metrics
MetricBNEMPAAS
Revenue growth (1Y) 49.4% 23.7% 2.3%
Revenue CAGR (3Y) 24.2% 34.0% 22.3%
Gross profit growth (1Y) 89.0% 41.0% -0.3%
Gross profit CAGR (3Y) 56.9% 55.7% 104.0%
Operating income growth (1Y) 111.0% 298.7% 116.1%
Operating income CAGR (3Y) 62.3% 45.7% 127.1%
Net income growth (1Y) 137.0% 30.4% 123.6%
Net income CAGR (3Y) 196.2% 136.8% 75.4%
EPS growth (1Y) 142.2% 34.6% -57.1%
EPS CAGR (3Y) 332.2% 119.7% 44.1%
Operating cash flow growth (1Y) 84.0% 42.0% 74.4%
Operating cash flow CAGR (3Y) 43.8% 60.7% –
Free cash flow growth (1Y) 69.3% 64.6% 66.2%
Free cash flow CAGR (3Y) 33.2% 136.1% 56.4%

Profitability

14 metrics
MetricBNEMPAAS
Gross margin 56.0% 69.2% 27.7%
EBITDA margin 63.2% 30.6% 11.1%
Operating margin 53.0% 21.0% 0.1%
Pretax margin 58.9% 52.8% 0.1%
Net margin 31.6% 34.7% 9.7%
FCF margin 54.4% 37.9% 35.1%
Operating cash flow margin 45.5% 49.2% 35.1%
Return on equity 29.6% 26.5% 0.0%
Return on assets 18.1% 16.3% 0.0%
Return on invested capital 24.8% 8.6% 0.0%
Return on capital employed 22.2% 10.7% 0.0%
Asset turnover 0.4x 0.5x 0.3x
Cash conversion (OCF / net income) 1.0x 1.4x 1.2x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricBNEMPAAS
Debt / assets 8.9% 8.7% 0.0%
Debt / equity 0.2x 0.1x 0.0x
Net debt / EBITDA -0.1x -0.5x -4.4x
Debt / FCF 0.4x 0.5x 0.0x
Liabilities / assets 47.8% 38.4% 27.5%
Equity / assets 52.2% 61.6% 72.5%
Interest coverage 63.6x – 21.3x
Current ratio 3.0x 2.5x 14.1x
Quick ratio 2.1x 1.9x 2.5x
Cash ratio 1.9x 1.6x 2.2x
Altman Z-score 2.82 4.24 5.18

Shareholder Returns

7 metrics
MetricBNEMPAAS
Dividend yield 2.4% 0.9% 1.6%
Net buyback yield 0.2% 4.8% -1.4%
Shareholder yield 2.6% 5.8% 0.2%
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.

ConsensusBNEMPAAS
Forward P/E 10.5xFY2026 11.8xFY2026 13.1xFY2026
EPS, next fiscal year $3.75FY2026 $9.57FY2026 $3.18FY2026
EPS growth, next FY +55.6%FY2026 +38.9%FY2026 +25.7%FY2026
EPS growth, the year after +14.4% +10.1% +32.1%
Revenue, next fiscal year $20.23BFY2026 $24.82BFY2026 $4.51BFY2026
Revenue growth, next FY +19.7%FY2026 +9.5%FY2026 +24.9%FY2026
Revenue growth, the year after +24.8% +20.0% +12.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBNEMPAAS
Held by institutions 0.0% 77.2% 56.5%
Institutions holding 1 1,787 584
Change in shares held, QoQ – +1.5% -1.0%
Institutions buying 1 842 268
Institutions selling 0 719 199
Buyers to sellers – 1.17 1.35

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.

BNEMPAAS
B 1.00 0.88 0.85
NEM 0.88 1.00 0.85
PAAS 0.85 0.85 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, B, NEM and PAAS?

Newmont (NEM) is the largest by market capitalisation: Barrick Mining (B) $66.95B, Newmont (NEM) $118.26B, Pan American Silver (PAAS) $15.76B.

Which stock is cheaper, B, NEM and PAAS?

Barrick Mining (B) trades on the lowest price-to-earnings ratio (Barrick Mining (B) 10.3x, Newmont (NEM) 12.8x, Pan American Silver (PAAS) 50.9x). On next year's consensus earnings, Barrick Mining (B) is cheapest (Barrick Mining (B) 10.5x, Newmont (NEM) 11.8x, Pan American Silver (PAAS) 13.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Barrick Mining (B) grew revenue fastest over the trailing twelve months: Barrick Mining (B) +49.4%, Newmont (NEM) +23.7%, Pan American Silver (PAAS) +2.3%.

Which company is more profitable?

Newmont (NEM) has the highest net margin (Barrick Mining (B) 31.6%, Newmont (NEM) 34.7%, Pan American Silver (PAAS) 9.7%). On return on invested capital, Barrick Mining (B) leads (Barrick Mining (B) 24.8%, Newmont (NEM) 8.6%, Pan American Silver (PAAS) 0.0%).

Which stock has performed better?

Over the past year Newmont (NEM) returned the most: Barrick Mining (B) +23.3%, Newmont (NEM) +43.3%, Pan American Silver (PAAS) +20.0%. Over five years, Barrick Mining (B) compounded fastest (Barrick Mining (B) +15.7%/yr, Newmont (NEM) +15.5%/yr, Pan American Silver (PAAS) +9.7%/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%, Newmont (NEM) 0.01%, Pan American Silver (PAAS) 0.00%. Pan American Silver (PAAS) 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%, Newmont (NEM) 48.0%, Pan American Silver (PAAS) 57.9%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Barrick Mining (B) leads on 8. 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.