Agnico Eagle Mines (AEM) offers superior revenue growth across key periods, better profitability, and relatively lower valuation vs Alamos Gold (AGI), suggesting you may be better off investing in AEM
- AEM’s quarterly revenue growth was 34.9%, vs. AGI’s 20.0%.
- In addition, its Last 3-Year Average revenue growth came in at 28.4%, ahead of AGI’s 21.8%.
- AEM leads on profitability over both periods – LTM margin of 41.8% and 3-year average of 31.8%.
AGI engages in acquiring, exploring, developing, and extracting precious metals across Canada, Mexico, the US, and Turkey, with a flagship mine in Northern Ontario spanning 5,587 hectares. AEM engages in exploration, development, and production of mineral properties in Canada, Mexico, and Finland, operating through Northern and Southern segments, with flagship LaRonde mine in Quebec.
Valuation & Performance Overview
| AGI | AEM | Preferred | |
|---|---|---|---|
| Valuation | |||
| P/EBIT Ratio | 27.4 | 21.9 | AEM |
| Revenue Growth | |||
| Last Quarter | 20.0% | 34.9% | AEM |
| Last 12 Months | 33.6% | 28.5% | AGI |
| Last 3 Year Average | 21.8% | 28.4% | AEM |
| Operating Margins | |||
| Last 12 Months | 36.9% | 41.8% | AEM |
| Last 3 Year Average | 29.8% | 31.8% | AEM |
| Momentum | |||
| Last 3 Year Return | 411.9% | 347.9% | AEM |
Note: For “Last 3 Year Return” metric, preferred stock is one with higher returns unless the returns are too high (>300%) which creates risk of sell off.
See more revenue details: AGI Revenue Comparison | AEM Revenue Comparison
See more margin details: AGI Operating Income Comparison | AEM Operating Income Comparison
But do these numbers tell the full story? Read Buy or Sell AEM Stock to see if Agnico Eagle Mines’s edge holds up under the hood or if Alamos Gold still has cards to play (see Buy or Sell AGI Stock).
That is one way to look at stocks. Trefis High Quality Portfolio evaluates much more, and is designed to reduce stock-specific risk while giving upside exposure
Historical Market Performance
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | Avg | Best | |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| AGI Return | 47% | -11% | 33% | 34% | 38% | 84% | 466% | <===< font>===<> | |
| AEM Return | 16% | -23% | 1% | 9% | 46% | 110% | 200% | ||
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 13% | 106% | ||
| Monthly Win Rates [3] | |||||||||
| AGI Win Rate | 58% | 58% | 58% | 58% | 50% | 75% | 60% | ||
| AEM Win Rate | 58% | 50% | 50% | 58% | 50% | 100% | 61% | ||
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 62% | 63% | <===< font>===<> | |
| Max Drawdowns [4] | |||||||||
| AGI Max Drawdown | -35% | -21% | -15% | -3% | -15% | 0% | -15% | ||
| AEM Max Drawdown | -41% | -31% | -28% | -14% | -18% | 0% | -22% | ||
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | -12% | <===< font>===<> | |
[1] Cumulative total returns since the beginning of 2020
[2] 2025 data is for the year up to 9/23/2025 (YTD)
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
No matter how good the numbers, stock investment is never a smooth ride. There is a risk you must factor in. Read AEM Dip Buyer Analyses and AGI Dip Buyer Analyses to see how these stocks have fallen and recovered in the past.
Disclaimer: The story “Big Move for AGI, but Do AEM’s Margins and Growth Give It the Edge?” first appeared on Trefis and is syndicated via Digpu & NewsTex.