EXK vs USAS vs AG Stock Comparison

Endeavour Silver, Americas Gold & Silver and First Majestic Silver Prices as of Oct 26, 2026 Peers: Industry group
EXK Endeavour Silver Corp
$7.50 -20.1% 1M -7.3% 1Y
Market cap
$2.22B
P/E
33.7x
Revenue (TTM)
$737.30M
Div. yield
–
Silver Basic Materials
4 wins

Head to Head

11 decided of 12

First Majestic Silver leads on 6 of the 12 questions below (First Majestic Silver 6, Endeavour Silver 4, Americas Gold & Silver 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEXKUSASAGLeader
Larger companyMarket capitalisation $2.22B $848.79M $7.50B AG
Cheaper on earningsLower P/E, profitable companies only 33.7x -20.6x 21.6x AG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 11.4x 33.4x 18.3x EXK
Faster revenue growthRevenue growth, trailing twelve months +197.5% +88.0% +98.5% EXK
More profitableNet margin, trailing twelve months 8.9% -22.7% 21.2% AG
Better return on capitalReturn on invested capital 16.1% 1.3% 12.0% EXK
Less leveragedLower net debt / EBITDA -0.9x -6.9x -1.0x USAS
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -7.3% -25.1% +15.7% AG
Better 5-year returnAnnualised price return, 5 years +7.3%/yr +5.3%/yr +2.4%/yr EXK
Less volatileAnnualised volatility, 1 year 76.4% 88.2% 73.7% AG
Higher overall scoreMean of the five percentile scores vs peers 69/100 60/100 76/100 AG

Percentile Scorecard

EXKUSASAG

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

AxisEXKUSASAG
Valuation 70 #49 of 162 52 #78 of 162 75 #41 of 162
Growth 88 #19 of 147 80 #30 of 147 99 #2 of 147
Profitability 65 #43 of 122 44 #69 of 122 84 #20 of 122
Financial Health 64 #60 of 165 77 #39 of 165 69 #52 of 165
Shareholder Returns 59 #45 of 107 47 #57 of 107 50 #54 of 107
Overall 69 60 76
  • EXK ranked among 176 companies in Metals and Mining
  • USAS ranked among 176 companies in Metals and Mining
  • AG 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

PeriodEXKUSASAGSPY
1 month -20.1%-37.6%-21.9% -0.8%
3 months -5.4%-25.9%-8.4% +3.5%
6 months -22.8%-49.1%-27.5% +7.0%
Year to date -20.2%-41.1%-10.9% +12.2%
1 year -7.3%-25.1%+15.7% +13.0%
3 years +231.9%+280.1%+171.0% +86.3%
3 years, per year +49.2%+56.1%+39.4% +23.1%
5 years +42.3%+29.7%+12.5% +68.6%
5 years, per year +7.3%+5.3%+2.4% +11.0%
10 years +72.8%-55.6%+85.9% +258.0%
10 years, per year +5.6%-7.8%+6.4% +13.6%

Risk

MeasureEXKUSASAGSPY
Volatility, 1Y 76.4%88.2%73.7% 12.7%
Downside volatility, 1Y 77.6%93.8%74.3% 12.7%
Beta vs S&P 500, 1Y 3.163.792.81 1.00
Return / volatility, 1Y -0.10-0.280.21 1.02
Max drawdown, 5Y -75.1%-83.6%-70.5% -25.4%
From 52-week high -46.9%-70.0%-53.6% -1.8%
52-week high $14.12$10.03$32.01 $779.14
52-week low $7.07$3.01$10.67 $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.

MultipleEXKUSASAG
P/E now vs peer median 32.3xmedian 12.8x -19.5xmedian 12.8x 20.5xmedian 12.8x
P/S now vs peer median 2.7xmedian 3.1x 5.3xmedian 3.1x 4.4xmedian 3.1x
EV/EBITDA now vs peer median 7.0xmedian 7.0x 74.5xmedian 7.0x 6.4xmedian 7.0x
P/FCF now vs peer median 11.9xmedian 15.2x 16.8xmedian 15.2x 11.8xmedian 15.2x
P/B now vs peer median 2.8xmedian 2.1x 3.3xmedian 2.1x 2.2xmedian 2.1x
PEG now vs peer median 0.89median 0.29 -0.50median 0.29 0.42median 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 monthsEXKUSASAG
Revenue $737.30M $181.59M $1.64B
Gross profit $229.80M $92.90M $827.10M
Operating income $176.30M $4.62M $756.62M
Net income -$124.97M -$47.71M $421.54M
Free cash flow $165.81M $57.37M $617.41M
R&D – $7.36M –
EPS (diluted) $0.23 $-0.15 $0.72
Cash & equivalents $236.60M $88.88M $1.09B
Total debt $337.87M $6.95M $1.03B
Shares (diluted) 283.08M 267.34M 484.56M
Enterprise value $1.47B $468.60M $3.56B

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
MetricEXKUSASAG
P/E 32.3x -19.5x 20.5x
P/FCF 11.9x 16.8x 11.8x
P/Operating cash flow 19.1x 21.4x 8.8x
P/S 2.7x 5.3x 4.4x
P/B 2.8x 3.3x 2.2x
P/Tangible book 2.8x 3.3x 2.2x
EV/EBITDA 7.0x 74.5x 6.4x
EV/EBIT 9.8x 191.1x 8.4x
EV/Revenue 2.4x 4.9x 3.9x
EV/FCF 10.5x 15.4x 10.3x
EV/Operating cash flow 16.9x 19.5x 7.7x
PEG (3Y EPS CAGR) 0.89 -0.50 0.42

Growth

14 metrics
MetricEXKUSASAG
Revenue growth (1Y) 197.5% 88.0% 98.5%
Revenue CAGR (3Y) 48.1% 28.8% 39.0%
Gross profit growth (1Y) 463.2% 684.7% 335.5%
Gross profit CAGR (3Y) 60.7% 109.3% 283.4%
Operating income growth (1Y) 834.6% -37.5% 622.0%
Operating income CAGR (3Y) 42.2% 63.9% 78.9%
Net income growth (1Y) -24.8% -42.6% 517.9%
Net income CAGR (3Y) -122.0% 3.6% 98.2%
EPS growth (1Y) 260.2% -281.6% 294.7%
EPS CAGR (3Y) 36.3% 39.1% 48.3%
Operating cash flow growth (1Y) 261.3% 712.7% 207.8%
Operating cash flow CAGR (3Y) 22.3% 84.2% 131.1%
Free cash flow growth (1Y) 1,855% 207.2% 232.3%
Free cash flow CAGR (3Y) 7.0% 60.6% 80.3%

Profitability

14 metrics
MetricEXKUSASAG
Gross margin 31.2% 51.2% 50.4%
EBITDA margin 33.5% 6.5% 60.3%
Operating margin 23.9% 2.5% 46.1%
Pretax margin -7.7% -16.4% 46.5%
Net margin 8.9% -22.7% 21.2%
FCF margin 22.5% 31.6% 37.6%
Operating cash flow margin 14.0% 24.9% 50.3%
Return on equity 9.7% -8.5% 12.2%
Return on assets 5.2% -5.2% 8.4%
Return on invested capital 16.1% 1.3% 12.0%
Return on capital employed 16.9% – 17.5%
Asset turnover 0.6x 0.4x 0.3x
Cash conversion (OCF / net income) -0.8x -0.9x 2.0x
Stock comp / revenue 0.5% 5.7% 0.8%

Financial Health

11 metrics
MetricEXKUSASAG
Debt / assets 0.4% 1.6% 6.1%
Debt / equity 0.0x 0.0x 0.1x
Net debt / EBITDA -0.9x -6.9x -1.0x
Debt / FCF 0.0x 0.1x 0.5x
Liabilities / assets 44.0% 31.5% 31.7%
Equity / assets 56.0% 68.5% 68.3%
Interest coverage 7.5x 1.2x 34.3x
Current ratio 2.0x – 2.6x
Quick ratio 1.4x – 2.3x
Cash ratio 1.1x – 2.2x
Altman Z-score 2.95 – 3.75

Shareholder Returns

7 metrics
MetricEXKUSASAG
Dividend yield – – 0.4%
Net buyback yield -0.4% -0.8% -1.0%
Shareholder yield -0.4% -0.8% -0.6%
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.

ConsensusEXKUSASAG
Forward P/E 11.4xFY2026 33.4xFY2026 18.3xFY2026
EPS, next fiscal year $0.66FY2026 $0.09FY2026 $0.81FY2026
EPS growth, next FY – – +76.1%FY2026
EPS growth, the year after +45.5% +244.4% +17.3%
Revenue, next fiscal year $813.71MFY2026 $244.05MFY2026 $1.58BFY2026
Revenue growth, next FY +88.0%FY2026 +107.0%FY2026 +25.6%FY2026
Revenue growth, the year after +39.6% +63.3% +8.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEXKUSASAG
Held by institutions 50.1% – 47.0%
Institutions holding 222 – 347
Change in shares held, QoQ -6.4% – -4.4%
Institutions buying 122 – 193
Institutions selling 55 – 104
Buyers to sellers 2.22 – 1.86

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.

EXKUSASAG
EXK 1.00 0.81 0.92
USAS 0.81 1.00 0.83
AG 0.92 0.83 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EXK, USAS and AG?

First Majestic Silver (AG) is the largest by market capitalisation: Endeavour Silver (EXK) $2.22B, Americas Gold & Silver (USAS) $848.79M, First Majestic Silver (AG) $7.50B.

Which stock is cheaper, EXK, USAS and AG?

First Majestic Silver (AG) trades on the lowest price-to-earnings ratio (Endeavour Silver (EXK) 33.7x, Americas Gold & Silver (USAS) -20.6x, First Majestic Silver (AG) 21.6x). On next year's consensus earnings, Endeavour Silver (EXK) is cheapest (Endeavour Silver (EXK) 11.4x, Americas Gold & Silver (USAS) 33.4x, First Majestic Silver (AG) 18.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Endeavour Silver (EXK) grew revenue fastest over the trailing twelve months: Endeavour Silver (EXK) +197.5%, Americas Gold & Silver (USAS) +88.0%, First Majestic Silver (AG) +98.5%.

Which company is more profitable?

First Majestic Silver (AG) has the highest net margin (Endeavour Silver (EXK) 8.9%, Americas Gold & Silver (USAS) -22.7%, First Majestic Silver (AG) 21.2%). On return on invested capital, Endeavour Silver (EXK) leads (Endeavour Silver (EXK) 16.1%, Americas Gold & Silver (USAS) 1.3%, First Majestic Silver (AG) 12.0%).

Which stock has performed better?

Over the past year First Majestic Silver (AG) returned the most: Endeavour Silver (EXK) -7.3%, Americas Gold & Silver (USAS) -25.1%, First Majestic Silver (AG) +15.7%. Over five years, Endeavour Silver (EXK) compounded fastest (Endeavour Silver (EXK) +7.3%/yr, Americas Gold & Silver (USAS) +5.3%/yr, First Majestic Silver (AG) +2.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Endeavour Silver (EXK) 0.00%, Americas Gold & Silver (USAS) 0.00%, First Majestic Silver (AG) 0.00%. Endeavour Silver (EXK) and Americas Gold & Silver (USAS) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, First Majestic Silver (AG) has been the steadiest (Endeavour Silver (EXK) 76.4%, Americas Gold & Silver (USAS) 88.2%, First Majestic Silver (AG) 73.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EXK, USAS and AG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, First Majestic Silver (AG) 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.