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AEM vs NEM
Which Stock Would AI Choose? Agnico Eagle Mines (AEM) vs. Newmont Corporation (NEM) Stock Comparison
1. Key Takeaways
- Two senior gold miners, two models: AEM is a Canadian-centered senior producer with a deep organic growth pipeline, while NEM is the world's largest, most diversified gold miner.
- Relative performance favors AEM: Agnico Eagle has outpaced Newmont on a year-to-date basis in recent market activity, even as both have tracked gold prices higher then lower.
- Valuation and cash flow favor NEM: Newmont trades at a lower forward price-to-earnings (P/E) multiple and a higher spot free cash flow (FCF) yield than Agnico Eagle.
- Both are strongly capitalized: Each company ended recent quarters with a net cash position and is returning meaningful capital to shareholders through dividends and buybacks.
- Gold's pullback is the shared risk: After record highs early in the year, bullion has retreated toward two-month lows, pressuring the entire sector.
- Near-term catalysts are pending: Newmont and Agnico Eagle both report quarterly results in the coming weeks, which may reset sentiment.
2. Introduction
Investors seeking exposure to precious metals frequently weigh two of the sector's most prominent names: Agnico Eagle Mines and Newmont Corporation. Both are large, well-capitalized senior gold producers whose share prices have risen and fallen alongside bullion's volatile path over the past year. This stock comparison is relevant for traders and long-term investors evaluating relative performance, market positioning, and the trade-offs between a concentrated growth story and a diversified scale story. By examining recent price behavior, balance-sheet strength, growth catalysts, and valuation, readers can better understand how AEM and NEM compare in the current market environment.
3. AEM Overview and Recent Performance
Agnico Eagle Mines is a Canada-based senior gold mining company with operating mines in Canada, Australia, Finland, and Mexico, plus a portfolio of advanced development and exploration projects. In recent weeks, AEM has delivered one of the stronger year-to-date showings among major gold producers, although its shares have pulled back alongside the broader sector as gold weakened. Sentiment has been supported by record quarterly free cash flow of roughly $1.3 billion and record shareholder returns, including a 12.5% dividend increase to 45 cents per share.
Recent developments have centered on growth rather than just price leverage. Agnico Eagle announced a positive investment decision for the Hope Bay project and has advanced the Odyssey underground project at Canadian Malartic, Detour Lake, Upper Beaver, and San Nicolás. The company also agreed to consolidate Finland's Central Lapland Greenstone Belt (CLGB) through acquisitions totaling about $3 billion, targeting a roughly 500,000-ounce-per-year regional production hub over the next decade. These catalysts support the growth narrative, though rising all-in sustaining costs (AISC) remain a watch item.
4. NEM Overview and Recent Performance
Newmont Corporation is the world's leading gold mining company, with a diversified portfolio of roughly 20 operations across North and South America, Australia, Africa, and Papua New Guinea, producing gold alongside copper, silver, zinc, and lead. In recent market activity, NEM has advanced solidly year to date, though it has lagged Agnico Eagle on a relative basis during parts of the period while both names tracked gold prices. Newmont reported record quarterly free cash flow of $3.1 billion and record earnings earlier in the year, reflecting higher realized gold prices and cost discipline.
The company's recent emphasis has been on portfolio optimization and capital returns. Newmont completed its non-core divestiture program, generating over $4.6 billion in proceeds, and authorized a new $6 billion share repurchase program while maintaining a quarterly dividend. It has also ramped up the Ahafo North operation and is advancing projects such as Cadia Panel Caves and Tanami Expansion 2. Like Agnico Eagle, Newmont ended recent quarters with a net cash position, providing balance-sheet flexibility as gold prices moderate.
5. Trending AI Robots
For traders who prefer a systematic approach to the gold sector, Tickeron's Trending AI Robots page curates a focused selection from hundreds of available AI Trading Bots that monitor thousands of tickers, including AEM and NEM. These bots differ in trading style, strategy, timeframe, performance statistics, and the specific tickers they trade, with some emphasizing momentum, others mean-reversion, and others multi-day trend-following. Rather than listing every bot, the page highlights only those whose signals align best with current market conditions. Exploring the Trending AI Robots section can help investors identify automated strategies whose parameters match their own risk tolerance and time horizon.
6. Head-to-Head Comparison
The most important contrast between the two companies is scope versus focus. NEM offers greater diversification across metals and geographies, which can smooth results but also exposes it to more operational sites and regulatory regimes. AEM is more concentrated in Canadian and other mining-friendly jurisdictions, providing lower geopolitical risk and a clearer internal growth pipeline but less product diversification.
On valuation, Newmont trades at a lower forward P/E multiple and a higher spot free cash flow yield, reflecting its scale and a market that prices in a more modest premium. Agnico Eagle carries a richer multiple, which the market has granted for its growth visibility and balance-sheet quality. On momentum, AEM has shown stronger relative performance over recent periods, while both names remain sensitive to the same macro driver: gold prices, which have retreated from record levels amid a stronger U.S. dollar and elevated Treasury yields. Risk factors differ slightly—AEM faces project-execution and cost pressures at Canadian Malartic, while NEM manages a larger, more complex asset base with higher sustaining capital requirements.
7. Tickeron AI Verdict
Based on observable factors, Tickeron's AI would likely lean toward AEM on the strength of its more consistent relative momentum, lower geopolitical footprint, and clearly defined growth catalysts, while acknowledging that NEM presents a compelling value argument through its lower multiple and higher free cash flow yield. The verdict is probabilistic rather than definitive: if trend consistency and growth catalysts are weighted most heavily, Agnico Eagle appears better positioned at present; if valuation and scale are prioritized, Newmont offers a more attractive entry profile. Both remain closely tied to the near-term direction of gold and upcoming quarterly results.
8. 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 Hold and NEM is a Hold.
AEM in -1.73% downward trend, declining for three consecutive days on October 20, 2026
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where AEM declined for three days, in 166 of 238 cases, the price declined further within the following month. The odds of a continued downward trend are 70%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 46 of 67 cases where AEM's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 69%.
The Momentum Indicator moved below the 0 level on October 22, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on AEM as a result. In 49 of 74 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 66%.
The Moving Average Convergence Divergence Histogram (MACD) for AEM turned negative on October 22, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 55 similar instances when the indicator turned negative. In 36 of the 55 cases the stock turned lower in the days that followed. This puts the odds of success at 65%.
AEM moved below its 50-day moving average on September 30, 2026 date and that indicates a change from an upward trend to a downward trend.
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 8 of 17 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 47%.
The Aroon Indicator for AEM entered a downward trend on October 22, 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.
Bullish Trend Analysis
The 50-day moving average for AEM moved above the 200-day moving average on October 06, 2026. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a +7.07% 3-day Advance, the price is estimated to grow further. Considering data from situations where AEM advanced for three days, in 252 of 325 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.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is 41 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 65, 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 45 (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 84 (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 (3.118) is normal, around the industry mean (1.927). P/E Ratio (15.030) is within average values for comparable stocks, (-15.408). AEM's Projected Growth (PEG Ratio) (30.116) is very high in comparison to the industry average of (2.614). Dividend Yield (0.010) settles around the average of (0.345) among similar stocks. P/S Ratio (6.766) is also within normal values, averaging (7.321).
NEM in -1.51% downward trend, declining for three consecutive days on October 20, 2026
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where NEM declined for three days, in 181 of 276 cases, the price declined further within the following month. The odds of a continued downward trend are 66%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 40 of 62 cases where NEM's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 65%.
The Momentum Indicator moved below the 0 level on October 22, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on NEM as a result. In 47 of 79 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 59%.
NEM moved below its 50-day moving average on September 30, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for NEM 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 6 of 12 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 50%.
The Aroon Indicator for NEM entered a downward trend on October 22, 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.
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for NEM just turned positive on October 19, 2026. Looking at past instances where NEM's MACD turned positive, the stock continued to rise in 41 of 59 cases over the following month. The odds of a continued upward trend are 69%.
Following a +6.31% 3-day Advance, the price is estimated to grow further. Considering data from situations where NEM advanced for three days, in 252 of 324 cases, the price rose further within the following month. The odds of a continued upward trend are 78%.
NEM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is 33 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 65, placing this stock better than average.
The Tickeron SMR rating for this company is 38 (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 43 (best 1 - 100 worst), indicating steady price growth. NEM’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 48 (best 1 - 100 worst), pointing to consistent 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 93 (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 (3.412) is normal, around the industry mean (1.927). P/E Ratio (14.335) is within average values for comparable stocks, (-15.408). Projected Growth (PEG Ratio) (2.781) is also within normal values, averaging (2.614). Dividend Yield (0.009) settles around the average of (0.345) among similar stocks. P/S Ratio (5.144) is also within normal values, averaging (7.321).
AEM | NEM | ||
|---|---|---|---|
OUTLOOK RATING 1..100 | 74 | 78 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 100 Overvalued | 93 Overvalued | |
PROFIT vs RISK RATING 1..100 | 41 | 33 | |
SMR RATING 1..100 | 43 | 38 | |
PRICE GROWTH RATING 1..100 | 45 | 43 | |
P/E GROWTH RATING 1..100 | 84 | 48 | |
SEASONALITY SCORE 1..100 | n/a | 90 |
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.
NEM's Valuation (93) in the Precious Metals industry is in the same range as AEM (100) in the null industry. This means that NEM’s stock grew similarly to AEM’s over the last 12 months.
NEM's Profit vs Risk Rating (33) in the Precious Metals industry is in the same range as AEM (41) in the null industry. This means that NEM’s stock grew similarly to AEM’s over the last 12 months.
NEM's SMR Rating (38) in the Precious Metals industry is in the same range as AEM (43) in the null industry. This means that NEM’s stock grew similarly to AEM’s over the last 12 months.
NEM's Price Growth Rating (43) in the Precious Metals industry is in the same range as AEM (45) in the null industry. This means that NEM’s stock grew similarly to AEM’s over the last 12 months.
NEM's P/E Growth Rating (48) in the Precious Metals industry is somewhat better than the same rating for AEM (84) in the null industry. This means that NEM’s stock grew somewhat faster than AEM’s over the last 12 months.
| AEM | NEM | |
|---|---|---|
| RSI ODDS (%) | N/A | N/A |
| Stochastic ODDS (%) | 1 day ago 69% | 1 day ago 65% |
| Momentum ODDS (%) | 1 day ago 66% | 1 day ago 59% |
| MACD ODDS (%) | 1 day ago 65% | 1 day ago 69% |
| TrendWeek ODDS (%) | 1 day ago 63% | 1 day ago 64% |
| TrendMonth ODDS (%) | 1 day ago 61% | 1 day ago 68% |
| Advances ODDS (%) | 7 days ago 78% | 7 days ago 78% |
| Declines ODDS (%) | 3 days ago 70% | 3 days ago 66% |
| BollingerBands ODDS (%) | 1 day ago 81% | 1 day ago 66% |
| Aroon ODDS (%) | 1 day ago 59% | 1 day ago 62% |
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 NEM’s FA Score has 1 green FA rating(s).
- AEM’s FA Score: 0 green, 5 red.
- NEM’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 3 TA indicator(s) are bullish while NEM’s TA Score has 3 bullish TA indicator(s).
- AEM’s TA Score: 3 bullish, 7 bearish.
- NEM’s TA Score: 3 bullish, 6 bearish.
Price Growth
AEM (@Precious Metals) experienced а -6.08% price change this week, while NEM (@Precious Metals) price change was -1.45% for the same time period.
The average weekly price growth across all stocks in the @Precious Metals industry was -5.92%. For the same industry, the average monthly price growth was -20.21%, and the average quarterly price growth was -15.45%.
Reported Earning Dates
AEM is expected to report earnings on Oct 28, 2026.
NEM is expected to report earnings on Feb 25, 2027.
Industries' Descriptions
@Precious Metals (-5.92% 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.
NEM and
Correlation & Price change
A.I.dvisor indicates that over the last year, NEM has been closely correlated with AEM. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if NEM jumps, then AEM could also see price increases.