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AEM vs FNV
Which Stock Would AI Choose? Agnico Eagle Mines (AEM) vs. Franco-Nevada (FNV) Stock Comparison
Key Takeaways
- AEM is a gold-mining producer with direct exposure to operating costs, while FNV is a royalty and streaming company that earns high-margin, asset-light cash flows.
- Both stocks benefit from elevated gold prices, but FNV has posted stronger margin stability and carries a debt-free balance sheet, whereas AEM has faced rising all-in sustaining costs (AISC, a measure of total mining costs per ounce).
- AEM beat third-quarter earnings estimates on higher realized gold prices, even as production slipped; FNV reported record first-quarter results and 57% revenue growth in the second quarter.
- Tickeron AI Verdict: FNV is the favored ticker of the two, reflecting a more consistent trend and a lower-risk, higher-margin business model.
- For more detail, explore AEM Major News and AEM Today's Price Move, as well as FNV Major News and FNV Today's Price Move.
- To see how AI trading systems are positioning across the market, visit Trending AI Robots.
Introduction
Gold-focused equities have drawn renewed attention as precious-metals prices have stayed elevated, but not all gold exposure is created equal. This stock comparison looks at two prominent names with very different ways of profiting from the metal: AEM (Agnico Eagle Mines), a diversified gold producer, and FNV (Franco-Nevada), a royalty and streaming company. Understanding how these contrasting models perform under current conditions can help both longer-term investors and active traders weigh relative performance, market positioning, and risk. The comparison centers on observable business fundamentals and recent momentum rather than short-term price swings.
AEM Overview and Recent Performance
Agnico Eagle Mines (AEM) is a senior gold producer with mines across Canada, Australia, Finland, and Mexico. In its latest quarterly report, the company beat earnings estimates, with adjusted earnings of $2.61 per share and revenue up 17.1% year over year, supported by a higher average realized gold price. Payable gold production, however, declined about 6% year over year, reflecting lower throughput and grades at Canadian Malartic and Meadowbank. Total cash costs rose to roughly $1,133 per ounce and all-in sustaining costs (AISC) climbed about 24% to around $1,648 per ounce, pressured by diesel, labor, and royalty costs. In recent weeks, the shares have outperformed the broader gold-mining group, and the company maintains a net cash position while returning capital through dividends and buybacks. Sentiment remains tied closely to the gold price and to the company's ability to contain operating-cost inflation.
FNV Overview and Recent Performance
Franco-Nevada (FNV) operates a gold-focused royalty and streaming portfolio, meaning it provides upfront financing to miners in exchange for a share of future production or revenue without directly operating mines. This structure produces notably high margins, with adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) margins near or above 90% in recent quarters. The company posted record first-quarter revenue of $650.7 million, up 77% year over year, and second-quarter revenue of $581 million, up 57%, driven by higher precious-metal and energy prices and contributions from assets such as Côté Gold and Casa Berardi. FNV remains debt-free with billions in available capital, and management has indicated 2026 gold-equivalent-ounce sales are tracking toward the upper half of guidance. In recent market activity, the shares have outperformed the broader market, supported by the Cobre Panamá stockpile-processing approval and a constructive deal pipeline.
Trending AI Robots
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Head-to-Head Comparison
The core contrast is business model: AEM is an operator that bears direct exposure to production volumes and mining-cost inflation, while FNV is a financier that earns royalty and stream cash flows with structurally higher margins and no debt. This gives FNV a more defensive profile, with a lower beta and greater insulation from rising input costs, but it also means more modest operational leverage to production growth. AEM offers greater torque to gold-price moves through its own output, though its recent results show cost inflation eroding part of that leverage. On momentum, both have benefited from firm gold prices, but FNV's margin stability and catalyst pipeline, including Cobre Panamá, contrast with AEM's near-term cost and production headwinds. For sector exposure, both concentrate on precious metals, yet FNV adds diversified energy and base-metal interests that modestly reduce single-commodity risk.
Tickeron AI Verdict
Based on observable factors such as trend consistency, margin stability, balance-sheet strength, and catalyst positioning, Tickeron's AI framework would likely favor FNV over AEM in the current environment. The royalty model's high margins, debt-free balance sheet, and diversified revenue base support a more consistent and lower-volatility trend, while AEM's rising costs and softer production introduce comparatively greater operational uncertainty. This assessment reflects relative positioning rather than a definitive forecast, and conditions could shift with changes in commodity prices or company-specific developments.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is AEM is a StrongBuy and FNV is a Buy.
AEM in upward trend: price rose above 50-day moving average on November 06, 2026
AEM moved above its 50-day moving average on November 06, 2026 date and that indicates a change from a downward trend to an upward trend. In 35 of 40 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 88%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 05, 2026. You may want to consider a long position or call options on AEM as a result. In 59 of 74 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 80%.
The Moving Average Convergence Divergence (MACD) for AEM just turned positive on November 05, 2026. Looking at past instances where AEM's MACD turned positive, the stock continued to rise in 38 of 51 cases over the following month. The odds of a continued upward trend are 75%.
Following a +4.43% 3-day Advance, the price is estimated to grow further. Considering data from situations where AEM advanced for three days, in 252 of 323 cases, the price rose further within the following month. The odds of a continued upward trend are 78%.
AEM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The 10-day moving average for AEM crossed bearishly below the 50-day moving average on October 06, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 7 of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 44%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AEM declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 70%.
The Aroon Indicator for AEM entered a downward trend on October 30, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is 35 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 62, placing this stock slightly better than average.
The Tickeron SMR rating for this company is 43 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is 47 (best 1 - 100 worst), indicating steady price growth. AEM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 81 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of 100 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.391) is normal, around the industry mean (2.041). P/E Ratio (16.346) is within average values for comparable stocks, (-11.985). AEM's Projected Growth (PEG Ratio) (30.116) is very high in comparison to the industry average of (2.614). Dividend Yield (0.009) settles around the average of (0.331) among similar stocks. P/S Ratio (6.766) is also within normal values, averaging (7.321).
FNV in upward trend: price rose above 50-day moving average on November 05, 2026
FNV moved above its 50-day moving average on November 05, 2026 date and that indicates a change from a downward trend to an upward trend. In 25 of 37 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 68%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where FNV's RSI Oscillator exited the oversold zone, 12 of 23 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 52%.
The Momentum Indicator moved above the 0 level on November 05, 2026. You may want to consider a long position or call options on FNV as a result. In 47 of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 60%.
The Moving Average Convergence Divergence (MACD) for FNV just turned positive on November 04, 2026. Looking at past instances where FNV's MACD turned positive, the stock continued to rise in 30 of 46 cases over the following month. The odds of a continued upward trend are 65%.
Following a +5.29% 3-day Advance, the price is estimated to grow further. Considering data from situations where FNV advanced for three days, in 204 of 328 cases, the price rose further within the following month. The odds of a continued upward trend are 62%.
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The 10-day moving average for FNV crossed bearishly below the 50-day moving average on October 06, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 14 of 20 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 70%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FNV declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 62%.
FNV broke above its upper Bollinger Band on November 05, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for FNV entered a downward trend on October 09, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is 26 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 62, placing this stock better than average.
The Tickeron Price Growth Rating for this company is 43 (best 1 - 100 worst), indicating steady price growth. FNV’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 46 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is 69 (best 1 - 100 worst), pointing to slightly better than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of 74 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (5.967) is normal, around the industry mean (2.041). P/E Ratio (33.240) is within average values for comparable stocks, (-11.985). Projected Growth (PEG Ratio) (0.190) is also within normal values, averaging (2.614). Dividend Yield (0.007) settles around the average of (0.331) among similar stocks. FNV's P/S Ratio (21.645) is slightly higher than the industry average of (7.321).
AEM | FNV | ||
|---|---|---|---|
OUTLOOK RATING 1..100 | 30 | 37 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 100 Overvalued | 74 Overvalued | |
PROFIT vs RISK RATING 1..100 | 35 | 26 | |
SMR RATING 1..100 | 43 | 46 | |
PRICE GROWTH RATING 1..100 | 47 | 43 | |
P/E GROWTH RATING 1..100 | 81 | 69 | |
SEASONALITY SCORE 1..100 | n/a | n/a |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
FNV's Valuation (74) in the Precious Metals industry is in the same range as AEM (100) in the null industry. This means that FNV’s stock grew similarly to AEM’s over the last 12 months.
FNV's Profit vs Risk Rating (26) in the Precious Metals industry is in the same range as AEM (35) in the null industry. This means that FNV’s stock grew similarly to AEM’s over the last 12 months.
AEM's SMR Rating (43) in the null industry is in the same range as FNV (46) in the Precious Metals industry. This means that AEM’s stock grew similarly to FNV’s over the last 12 months.
FNV's Price Growth Rating (43) in the Precious Metals industry is in the same range as AEM (47) in the null industry. This means that FNV’s stock grew similarly to AEM’s over the last 12 months.
FNV's P/E Growth Rating (69) in the Precious Metals industry is in the same range as AEM (81) in the null industry. This means that FNV’s stock grew similarly to AEM’s over the last 12 months.
| AEM | FNV | |
|---|---|---|
| RSI ODDS (%) | N/A | 5 days ago 52% |
| Stochastic ODDS (%) | 2 days ago 64% | 2 days ago 64% |
| Momentum ODDS (%) | 2 days ago 80% | 2 days ago 60% |
| MACD ODDS (%) | 2 days ago 75% | 2 days ago 65% |
| TrendWeek ODDS (%) | 2 days ago 75% | 2 days ago 64% |
| TrendMonth ODDS (%) | 2 days ago 76% | 2 days ago 63% |
| Advances ODDS (%) | 2 days ago 78% | 2 days ago 62% |
| Declines ODDS (%) | 9 days ago 70% | 9 days ago 62% |
| BollingerBands ODDS (%) | 2 days ago 76% | 2 days ago 63% |
| Aroon ODDS (%) | 2 days ago 65% | 2 days ago 63% |
Long-Term Analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is overvalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
AEM’s FA Score shows that 0 FA rating(s) are green while FNV’s FA Score has 1 green FA rating(s).
- AEM’s FA Score: 0 green, 5 red.
- FNV’s FA Score: 1 green, 4 red.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
AEM’s TA Score shows that 5 TA indicator(s) are bullish while FNV’s TA Score has 5 bullish TA indicator(s).
- AEM’s TA Score: 5 bullish, 4 bearish.
- FNV’s TA Score: 5 bullish, 5 bearish.
Price Growth
AEM (@Precious Metals) experienced а +15.84% price change this week, while FNV (@Precious Metals) price change was +13.34% for the same time period.
The average weekly price growth across all stocks in the @Precious Metals industry was +11.18%. For the same industry, the average monthly price growth was -2.35%, and the average quarterly price growth was -12.03%.
Reported Earning Dates
AEM is expected to report earnings on Feb 18, 2027.
FNV is expected to report earnings on Nov 11, 2026.
Industries' Descriptions
@Precious Metals (+11.18% weekly)The Precious Metals industry is engaged in exploring/mining metals that are considered to be rare and/or have a high economic value. Popular precious metals include gold, platinum and silver - all three of which are largely used in jewelry, art and coinage alongwith having some industrial uses as well. Precious metals used in industrial processes include iridium, (used in specialty alloys), and palladium ( used in electronics and chemical applications). Historically, precious metals have traded at much higher prices than common industrial metals. Newmont Goldcorp Corp, Barrick Gold Corp and Freeport-McMoRan are few of the major precious metals producing companies in the U.S.
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AEM and
Correlation & Price change
A.I.dvisor indicates that over the last year, AEM has been closely correlated with WPM. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if AEM jumps, then WPM could also see price increases.
FNV and
Correlation & Price change
A.I.dvisor indicates that over the last year, FNV has been closely correlated with WPM. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if FNV jumps, then WPM could also see price increases.