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AEM vs PAAS
Which Stock Would AI Choose? Agnico Eagle Mines (AEM) vs. Pan American Silver (PAAS) Stock Comparison
Key Takeaways
- AEM is a gold-focused senior producer with a large-cap profile (roughly $88 billion market capitalization), low leverage, and strong profitability, while PAAS is a mid-cap silver-and-gold producer with higher commodity-price sensitivity.
- Both miners have pulled back from their 2026 highs amid softer precious-metal prices, but PAAS has retraced more sharply from its February peak than AEM.
- AEM emphasizes low-risk mining jurisdictions (Canada, Mexico, Finland, Australia), whereas PAAS carries additional project and geopolitical exposure in Latin America.
- PAAS recently reported record cash generation and introduced an enhanced shareholder-return framework, signaling stronger capital-return momentum than AEM.
- AEM offers a more defensive, lower-beta profile, while PAAS provides higher torque to silver prices and company-specific growth catalysts such as the La Colorada skarn project.
- For more information, explore AEM Major News and AEM Today's Price Move, as well as PAAS Major News and PAAS Today's Price Move.
- To see how automated systems are positioning across these and other tickers, explore the Trending AI Robots page.
Introduction
Precious-metals equities have moved in a volatile range in recent weeks as gold and silver prices retreated from their earlier highs, making relative performance and market positioning central questions for sector investors. This stock comparison examines AEM, Agnico Eagle Mines, a large-cap gold producer, and PAAS, Pan American Silver, a diversified silver and gold miner. The two companies differ in scale, commodity mix, and risk profile, which makes them a useful pairing for traders and investors weighing defensive gold exposure against higher-beta silver leverage. Understanding how each stock has behaved during the recent pullback, and what is driving sentiment, can help frame a more informed view of their respective market positioning.
AEM Overview and Recent Performance
AEM (Agnico Eagle Mines) is one of the world's largest gold producers, operating cornerstone mines in Canada alongside assets in Mexico, Finland, and Australia, with a strategy centered on lower-risk jurisdictions. The company sold roughly 3.4 million ounces of gold in 2025 and maintains a diversified portfolio including Detour Lake, Canadian Malartic, Meadowbank, and Meliadine.
In recent market activity, AEM shares have retreated from their 52-week high, reflecting the broader pullback in gold-linked equities even as the company's fundamentals remain comparatively strong. The stock carries a beta (a measure of price volatility relative to the broader market) below 1.0, signaling lower sensitivity to market swings, and its balance sheet remains lightly levered, with debt-to-equity near 1%. Profitability metrics such as return on equity in the low-to-mid 20% range underscore operational efficiency. Sentiment has been supported by consistent free cash flow, a modest but reliable dividend, and analyst consensus that remains predominantly favorable, though near-term price action has been dictated largely by the gold price rather than company-specific news.
PAAS Overview and Recent Performance
PAAS (Pan American Silver) is a leading producer of silver and gold with a geographically diverse asset base across the Americas, including interests in the Juanicipio mine and the high-potential La Colorada operation in Mexico. Silver remains the primary revenue driver, giving the stock elevated sensitivity to silver-price movements relative to pure gold miners.
In its most recent quarterly results, PAAS reported strong mine operating earnings, record cash and short-term investment balances above $1.8 billion, and robust attributable free cash flow (the cash generated after sustaining capital spending), alongside a new shareholder-return framework targeting distribution of 35–40% of annual free cash flow. Despite this operational strength, the shares have declined meaningfully from their February 2026 peak, with recent weeks marked by volatility tied to softening metal prices and cost pressures. Analysts have highlighted both the company's cash-generation power and the execution risk associated with its large La Colorada skarn development, keeping sentiment balanced between optimism on growth catalysts and caution on capital intensity.
Trending AI Robots
For traders who prefer a systematic approach to navigating volatile markets, Tickeron's Trending AI Robots page offers a curated view of automated trading strategies. Tickeron hosts hundreds of AI trading bots covering thousands of different tickers, each with its own trading style, strategy, timeframe, performance history, statistics, and target stock universe. Rather than listing every available bot, the Trending AI Robots section surfaces only those best suited to current market conditions, helping users identify strategies that are demonstrating relative strength right now. Because these bots vary widely in approach and risk profile, the curated list serves as a practical starting point for evaluating which automated systems are currently aligned with prevailing market dynamics. Explore the Trending AI Robots page to review the latest selections.
Head-to-Head Comparison
From a business-model standpoint, AEM is a concentrated gold producer with scale, geographic stability, and low financial leverage, while PAAS blends silver and gold output with meaningful by-product metals, creating a different earnings profile. Growth drivers also diverge: AEM leans on organic mine life and incremental production in stable jurisdictions, whereas PAAS is advancing higher-impact projects such as the La Colorada skarn, which offers larger upside but carries greater capital and execution risk.
On recent momentum, both names have faced selling pressure tied to retreating metal prices, but PAAS has experienced a deeper drawdown from its peak, reflecting its higher beta and silver leverage. Risk factors also differ, with AEM comparatively insulated by its low debt and defensive jurisdictions, while PAAS navigates factors including the suspended Escobal mine in Guatemala and cost inflation at certain operations. Overall, AEM presents a steadier, lower-volatility profile, while PAAS offers stronger potential torque and a more aggressive capital-return framework, making the choice a trade-off between stability and cyclical upside.
Tickeron AI Verdict
Based on observable factors such as trend consistency, balance-sheet stability, volatility, and relative positioning, Tickeron's AI would likely favor AEM in the current environment. AEM's lower beta, minimal leverage, diversified low-risk asset base, and steadier profitability profile tend to translate into more consistent technical trends during periods of metal-price uncertainty. PAAS offers compelling catalysts through its capital-return program and La Colorada development, but its higher silver sensitivity and steeper recent decline introduce greater short-term variability. Accordingly, an AI-driven assessment would assign a higher probability of trend continuity to AEM, while recognizing that PAAS may deliver stronger upside in a sustained silver rally.
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 PAAS is a Hold.
AEM in -9.68% downward trend, falling for three consecutive days on October 30, 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 165 of 237 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 Momentum Indicator moved below the 0 level on October 29, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on AEM as a result. In 51 of 75 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 68%.
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 52 similar instances when the indicator turned negative. In 33 of the 52 cases the stock turned lower in the days that followed. This puts the odds of success at 63%.
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 10 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 62%.
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.
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
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 +4.22% 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.
Fundamental Analysis (Ratings)
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 Profit vs. Risk Rating rating for this company is 43 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 67, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is 56 (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 85 (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 (2.961) is normal, around the industry mean (1.936). P/E Ratio (14.273) is within average values for comparable stocks, (-12.175). AEM's Projected Growth (PEG Ratio) (30.116) is very high in comparison to the industry average of (2.614). Dividend Yield (0.011) settles around the average of (0.373) among similar stocks. P/S Ratio (6.766) is also within normal values, averaging (7.321).
PAAS's Indicator enters downward trend
The Aroon Indicator for PAAS entered a downward trend on October 30, 2026. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 140 similar instances where the Aroon Indicator formed such a pattern. In 103 of the 140 cases the stock moved lower. This puts the odds of a downward move at 74%.
Technical Analysis (Indicators)
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PAAS 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 72%.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where PAAS's RSI Indicator exited the oversold zone, 25 of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 86%.
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a +4.04% 3-day Advance, the price is estimated to grow further. Considering data from situations where PAAS advanced for three days, in 241 of 299 cases, the price rose further within the following month. The odds of a continued upward trend are 81%.
PAAS 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 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 Valuation Rating of 44 (best 1 - 100 worst) indicates that the company is fair valued 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 (2.158) is normal, around the industry mean (1.936). P/E Ratio (11.328) is within average values for comparable stocks, (-12.175). Projected Growth (PEG Ratio) (0.030) is also within normal values, averaging (2.614). Dividend Yield (0.019) settles around the average of (0.373) among similar stocks. P/S Ratio (4.533) is also within normal values, averaging (7.321).
The Tickeron Price Growth Rating for this company is 63 (best 1 - 100 worst), indicating fairly steady price growth. PAAS’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 63 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 67, placing this stock slightly better than average.
The Tickeron PE Growth Rating for this company is 90 (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.
AEM | PAAS | ||
|---|---|---|---|
OUTLOOK RATING 1..100 | 16 | 16 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 100 Overvalued | 44 Fair valued | |
PROFIT vs RISK RATING 1..100 | 43 | 63 | |
SMR RATING 1..100 | 43 | 43 | |
PRICE GROWTH RATING 1..100 | 56 | 63 | |
P/E GROWTH RATING 1..100 | 85 | 90 | |
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.
PAAS's Valuation (44) in the Precious Metals industry is somewhat better than the same rating for AEM (100) in the null industry. This means that PAAS’s stock grew somewhat faster than AEM’s over the last 12 months.
AEM's Profit vs Risk Rating (43) in the null industry is in the same range as PAAS (63) in the Precious Metals industry. This means that AEM’s stock grew similarly to PAAS’s over the last 12 months.
AEM's SMR Rating (43) in the null industry is in the same range as PAAS (43) in the Precious Metals industry. This means that AEM’s stock grew similarly to PAAS’s over the last 12 months.
AEM's Price Growth Rating (56) in the null industry is in the same range as PAAS (63) in the Precious Metals industry. This means that AEM’s stock grew similarly to PAAS’s over the last 12 months.
AEM's P/E Growth Rating (85) in the null industry is in the same range as PAAS (90) in the Precious Metals industry. This means that AEM’s stock grew similarly to PAAS’s over the last 12 months.
| AEM | PAAS | |
|---|---|---|
| RSI ODDS (%) | N/A | 2 days ago 86% |
| Stochastic ODDS (%) | 2 days ago 78% | 2 days ago 87% |
| Momentum ODDS (%) | 2 days ago 68% | N/A |
| MACD ODDS (%) | 2 days ago 63% | N/A |
| TrendWeek ODDS (%) | 2 days ago 63% | 2 days ago 71% |
| TrendMonth ODDS (%) | 2 days ago 62% | 2 days ago 70% |
| Advances ODDS (%) | 8 days ago 78% | 8 days ago 81% |
| Declines ODDS (%) | 6 days ago 70% | 6 days ago 72% |
| BollingerBands ODDS (%) | 2 days ago 82% | 2 days ago 88% |
| Aroon ODDS (%) | 2 days ago 63% | 2 days ago 74% |
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 PAAS’s FA Score has 0 green FA rating(s).
- AEM’s FA Score: 0 green, 5 red.
- PAAS’s FA Score: 0 green, 5 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 4 TA indicator(s) are bullish while PAAS’s TA Score has 4 bullish TA indicator(s).
- AEM’s TA Score: 4 bullish, 6 bearish.
- PAAS’s TA Score: 4 bullish, 2 bearish.
Price Growth
AEM (@Precious Metals) experienced а -7.43% price change this week, while PAAS (@Precious Metals) price change was -8.09% for the same time period.
The average weekly price growth across all stocks in the @Precious Metals industry was -1.63%. For the same industry, the average monthly price growth was -8.48%, and the average quarterly price growth was -15.09%.
Reported Earning Dates
AEM is expected to report earnings on Feb 18, 2027.
PAAS is expected to report earnings on Nov 04, 2026.
Industries' Descriptions
@Precious Metals (-1.63% 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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