IAG vs AGI vs BTG Stock Comparison

Iamgold, Alamos Gold and B2Gold Prices as of Oct 23, 2026 Peers: Industry group
IAG Iamgold Corp
$16.24 -18.4% 1M +34.9% 1Y
Market cap
$9.41B
P/E
6.5x
Revenue (TTM)
$3.68B
Div. yield
–
Gold Basic Materials
6 wins
AGI Alamos Gold Inc
$29.95 -13.2% 1M -6.0% 1Y
Market cap
$12.69B
P/E
10.8x
Revenue (TTM)
$2.23B
Div. yield
–
Gold Basic Materials
4 wins
BTG B2Gold Corp
$4.78 -10.5% 1M -8.6% 1Y
Market cap
$6.38B
P/E
7.8x
Revenue (TTM)
—
Div. yield
–
Gold Basic Materials
1 win

Head to Head

11 decided of 12

Iamgold leads on 6 of the 12 questions below (Iamgold 6, Alamos Gold 4, B2Gold 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionIAGAGIBTGLeader
Larger companyMarket capitalisation $9.41B $12.69B $6.38B AGI
Cheaper on earningsLower P/E, profitable companies only 6.5x 10.8x 7.8x IAG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 8.6x 13.0x 8.1x BTG
Faster revenue growthRevenue growth, trailing twelve months +87.2% +47.8% — IAG
More profitableNet margin, trailing twelve months 39.4% 52.6% — AGI
Better return on capitalReturn on invested capital 52.3% 30.3% 44.5% IAG
Less leveragedLower net debt / EBITDA 0.0x -0.3x 0.1x AGI
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +34.9% -6.0% -8.6% IAG
Better 5-year returnAnnualised price return, 5 years +41.6%/yr +30.2%/yr +2.0%/yr IAG
Less volatileAnnualised volatility, 1 year 63.4% 54.8% 60.5% AGI
Higher overall scoreMean of the five percentile scores vs peers 88/100 72/100 76/100 IAG

Percentile Scorecard

IAGAGIBTG

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

AxisIAGAGIBTG
Valuation 94 #11 of 162 60 #65 of 162 94 #10 of 162
Growth 97 #6 of 147 78 #33 of 147 84 #25 of 147
Profitability 100 #1 of 122 89 #14 of 122 96 #6 of 122
Financial Health 61 #65 of 166 69 #52 of 166 65 #59 of 166
Shareholder Returns – 62 #41 of 107 41 #64 of 107
Overall 88 72 76
  • IAG ranked among 176 companies in Metals and Mining
  • AGI ranked among 176 companies in Metals and Mining
  • BTG 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

PeriodIAGAGIBTGSPY
1 month -18.4%-13.2%-10.5% -1.0%
3 months +10.9%+1.2%+23.8% +2.9%
6 months -5.7%-33.7%-3.8% +6.4%
Year to date -1.5%-22.4%+6.0% +11.4%
1 year +34.9%-6.0%-8.6% +13.1%
3 years +565.6%+131.8%+45.3% +79.4%
3 years, per year +88.2%+32.4%+13.3% +21.5%
5 years +467.8%+274.4%+10.1% +67.7%
5 years, per year +41.6%+30.2%+2.0% +10.9%
10 years +296.1%+244.3%+71.9% +255.2%
10 years, per year +14.8%+13.2%+5.6% +13.5%

Risk

MeasureIAGAGIBTGSPY
Volatility, 1Y 63.4%54.8%60.5% 12.7%
Downside volatility, 1Y 64.1%59.3%60.3% 12.7%
Beta vs S&P 500, 1Y 2.211.852.06 1.00
Return / volatility, 1Y 0.55-0.11-0.14 1.03
Max drawdown, 5Y -73.6%-49.7%-53.7% -25.4%
From 52-week high -33.9%-45.9%-23.0% -2.5%
52-week high $24.57$55.33$6.21 $779.14
52-week low $10.96$27.82$3.64 $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.

MultipleIAGAGIBTG
P/E now vs peer median 6.4xmedian 12.7x 10.7xmedian 12.7x 7.7xmedian 12.7x
P/S now vs peer median 2.6xmedian 3.1x 5.6xmedian 3.1x —median 3.1x
EV/EBITDA now vs peer median 3.2xmedian 6.9x 7.2xmedian 6.9x 4.7xmedian 6.9x
P/FCF now vs peer median 4.4xmedian 15.1x -109.3xmedian 15.1x 6.4xmedian 15.1x
P/B now vs peer median 2.2xmedian 2.1x 2.6xmedian 2.1x 1.6xmedian 2.1x
PEG now vs peer median 0.06median 0.27 0.12median 0.27 0.41median 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 monthsIAGAGIBTG
Revenue $3.68B $2.23B –
Gross profit $1.85B – $1.86B
Operating income $2.54B $1.49B $1.93B
Net income $1.27B $1.17B $828.55M
Free cash flow $2.19B -$115.10M $1.00B
R&D $30.20M $27.80M –
EPS (diluted) $2.49 $2.78 $0.55
Cash & equivalents $501.40M $636.90M $286.58M
Total debt $2.62B $900.00M $2.06B
Shares (diluted) 581.70M 422.66M 1.48B
Enterprise value $7.62B $10.12B $4.87B

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
MetricIAGAGIBTG
P/E 6.4x 10.7x 7.7x
P/FCF 4.4x -109.3x 6.4x
P/Operating cash flow 4.8x – 6.4x
P/S 2.6x 5.6x –
P/B 2.2x 2.6x 1.6x
P/Tangible book 2.2x 2.6x 1.6x
EV/EBITDA 3.2x 7.2x 4.7x
EV/EBIT 3.8x 8.1x 3.4x
EV/Revenue 2.6x 5.4x –
EV/FCF 4.4x -105.1x 6.6x
EV/Operating cash flow 4.8x – 6.6x
PEG (3Y EPS CAGR) 0.06 0.12 0.41

Growth

14 metrics
MetricIAGAGIBTG
Revenue growth (1Y) 87.2% 47.8% –
Revenue CAGR (3Y) 58.4% 32.5% –
Gross profit growth (1Y) 192.3% – 107.1%
Gross profit CAGR (3Y) 154.4% – 35.3%
Operating income growth (1Y) 57.6% 128.1% 1,748%
Operating income CAGR (3Y) 826.2% 80.0% 46.0%
Net income growth (1Y) 34.0% 238.3% 298.7%
Net income CAGR (3Y) 112.4% 92.1% 33.4%
EPS growth (1Y) 234.8% 228.6% 272.5%
EPS CAGR (3Y) 111.5% 90.4% 19.0%
Operating cash flow growth (1Y) 328.3% – 86.2%
Operating cash flow CAGR (3Y) 67.2% – 9.5%
Free cash flow growth (1Y) 144.4% -144.0% 86.2%
Free cash flow CAGR (3Y) 122.0% -30.7% 9.5%

Profitability

14 metrics
MetricIAGAGIBTG
Gross margin 50.3% – –
EBITDA margin 82.1% 75.7% –
Operating margin 69.1% 66.8% –
Pretax margin 49.1% 75.9% –
Net margin 39.4% 52.6% –
FCF margin 59.5% -5.2% –
Operating cash flow margin 54.3% – –
Return on equity 29.2% 24.9% 44.1%
Return on assets 21.3% 17.7% 29.1%
Return on invested capital 52.3% 30.3% 44.5%
Return on capital employed 46.9% 24.5% –
Asset turnover 0.6x 0.3x –
Cash conversion (OCF / net income) 1.6x – 1.2x
Stock comp / revenue – 2.1% –

Financial Health

11 metrics
MetricIAGAGIBTG
Debt / assets 7.5% 3.0% 7.9%
Debt / equity 0.1x 0.0x 0.1x
Net debt / EBITDA 0.0x -0.3x 0.1x
Debt / FCF 0.2x -1.7x 0.5x
Liabilities / assets 26.1% 28.4% 30.3%
Equity / assets 73.9% 71.6% 69.7%
Interest coverage 137.4x 316.7x 31.7x
Current ratio 1.7x 2.1x –
Quick ratio 1.0x 1.3x –
Cash ratio 0.9x 1.2x –
Altman Z-score 6.16 5.25 –

Shareholder Returns

7 metrics
MetricIAGAGIBTG
Dividend yield – 0.5% 1.7%
Net buyback yield – 0.0% -3.8%
Shareholder yield 0.0% 0.5% -2.1%
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.

ConsensusIAGAGIBTG
Forward P/E 8.6xFY2026 13.0xFY2026 8.1xFY2026
EPS, next fiscal year $1.88FY2026 $2.31FY2026 $0.59FY2026
EPS growth, next FY +54.1%FY2026 +65.0%FY2026 +28.3%FY2026
EPS growth, the year after +11.7% +20.3% +55.9%
Revenue, next fiscal year $3.71BFY2026 $2.53BFY2026 $3.59BFY2026
Revenue growth, next FY +30.6%FY2026 +39.8%FY2026 +17.5%FY2026
Revenue growth, the year after +5.5% +27.3% +25.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersIAGAGIBTG
Held by institutions 65.8% 56.4% 59.9%
Institutions holding 319 472 301
Change in shares held, QoQ +1.5% -1.1% +6.2%
Institutions buying 170 240 155
Institutions selling 101 151 85
Buyers to sellers 1.68 1.59 1.82

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.

IAGAGIBTG
IAG 1.00 0.86 0.81
AGI 0.86 1.00 0.77
BTG 0.81 0.77 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, IAG, AGI and BTG?

Alamos Gold (AGI) is the largest by market capitalisation: Iamgold (IAG) $9.41B, Alamos Gold (AGI) $12.69B, B2Gold (BTG) $6.38B.

Which stock is cheaper, IAG, AGI and BTG?

Iamgold (IAG) trades on the lowest price-to-earnings ratio (Iamgold (IAG) 6.5x, Alamos Gold (AGI) 10.8x, B2Gold (BTG) 7.8x). On next year's consensus earnings, B2Gold (BTG) is cheapest (Iamgold (IAG) 8.6x, Alamos Gold (AGI) 13.0x, B2Gold (BTG) 8.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Iamgold (IAG) grew revenue fastest over the trailing twelve months: Iamgold (IAG) +87.2%, Alamos Gold (AGI) +47.8%.

Which company is more profitable?

Alamos Gold (AGI) has the highest net margin (Iamgold (IAG) 39.4%, Alamos Gold (AGI) 52.6%). On return on invested capital, Iamgold (IAG) leads (Iamgold (IAG) 52.3%, Alamos Gold (AGI) 30.3%, B2Gold (BTG) 44.5%).

Which stock has performed better?

Over the past year Iamgold (IAG) returned the most: Iamgold (IAG) +34.9%, Alamos Gold (AGI) -6.0%, B2Gold (BTG) -8.6%. Over five years, Iamgold (IAG) compounded fastest (Iamgold (IAG) +41.6%/yr, Alamos Gold (AGI) +30.2%/yr, B2Gold (BTG) +2.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Alamos Gold (AGI) has been the steadiest (Iamgold (IAG) 63.4%, Alamos Gold (AGI) 54.8%, B2Gold (BTG) 60.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, IAG, AGI and BTG?

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