AEM vs. ABX, WPM, FNV, IAG, AGI, PAAS, YRI, OR, IMG, and EQX
Should you be buying Agnico Eagle Mines stock or one of its competitors? The main competitors of Agnico Eagle Mines include Barrick Gold (ABX), Wheaton Precious Metals (WPM), Franco-Nevada (FNV), iA Financial (IAG), Alamos Gold (AGI), Pan American Silver (PAAS), Yamana Gold (YRI), Osisko Gold Royalties (OR), IAMGOLD (IMG), and Equinox Gold (EQX). These companies are all part of the "precious metals" industry.
Agnico Eagle Mines vs.
Agnico Eagle Mines (TSE:AEM) and Barrick Gold (TSE:ABX) are both large-cap basic materials companies, but which is the better stock? We will contrast the two businesses based on the strength of their media sentiment, analyst recommendations, earnings, dividends, profitability, institutional ownership, community ranking, risk and valuation.
Agnico Eagle Mines pays an annual dividend of C$2.17 per share and has a dividend yield of 1.8%. Barrick Gold pays an annual dividend of C$0.54 per share and has a dividend yield of 2.3%. Agnico Eagle Mines pays out 135.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Barrick Gold pays out 45.4% of its earnings in the form of a dividend. Barrick Gold is clearly the better dividend stock, given its higher yield and lower payout ratio.
Agnico Eagle Mines has a beta of 1.1, meaning that its share price is 10% more volatile than the S&P 500. Comparatively, Barrick Gold has a beta of 0.48, meaning that its share price is 52% less volatile than the S&P 500.
Barrick Gold has higher revenue and earnings than Agnico Eagle Mines. Barrick Gold is trading at a lower price-to-earnings ratio than Agnico Eagle Mines, indicating that it is currently the more affordable of the two stocks.
In the previous week, Barrick Gold had 2 more articles in the media than Agnico Eagle Mines. MarketBeat recorded 5 mentions for Barrick Gold and 3 mentions for Agnico Eagle Mines. Agnico Eagle Mines' average media sentiment score of -0.09 beat Barrick Gold's score of -0.32 indicating that Agnico Eagle Mines is being referred to more favorably in the media.
Barrick Gold received 123 more outperform votes than Agnico Eagle Mines when rated by MarketBeat users. Likewise, 63.21% of users gave Barrick Gold an outperform vote while only 60.41% of users gave Agnico Eagle Mines an outperform vote.
Barrick Gold has a net margin of 12.78% compared to Agnico Eagle Mines' net margin of 8.49%. Barrick Gold's return on equity of 7.20% beat Agnico Eagle Mines' return on equity.
70.9% of Agnico Eagle Mines shares are held by institutional investors. Comparatively, 62.2% of Barrick Gold shares are held by institutional investors. 0.1% of Agnico Eagle Mines shares are held by insiders. Comparatively, 0.6% of Barrick Gold shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Agnico Eagle Mines currently has a consensus price target of C$116.00, indicating a potential downside of 2.04%. Barrick Gold has a consensus price target of C$31.00, indicating a potential upside of 30.69%. Given Barrick Gold's higher probable upside, analysts plainly believe Barrick Gold is more favorable than Agnico Eagle Mines.
Summary
Barrick Gold beats Agnico Eagle Mines on 13 of the 20 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (TSE:AEM) was last updated on 12/6/2024 by MarketBeat.com Staff
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