AG vs CDE

For growth investors, First Majestic Silver Corp.

(AG) is the stronger pick with 128. 2% revenue growth year-over-year, versus 96. 4% for Coeur Mining, Inc. (CDE). Coeur Mining, Inc. (CDE) offers the better valuation at 20. 1x trailing P/E (9. 1x forward), making it the more compelling value choice. Analysts rate Coeur Mining, Inc. (CDE) a "Buy" — based on 21 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Coeur Mining, Inc.

(CDE) is the cheapest at 20. 1x versus First Majestic Silver Corp. at 61. 1x. On forward P/E, Coeur Mining, Inc. is actually cheaper at 9. 1x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Coeur Mining, Inc. wins at 0. 17x versus First Majestic Silver Corp. 's 0. 78x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

Over the past 5 years, Coeur Mining, Inc.

(CDE) delivered a total return of +96. 0%, compared to +31. 0% for First Majestic Silver Corp. (AG). Over 10 years, the gap is even starker: CDE returned +149. 9% versus AG's +128. 5%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), First Majestic Silver Corp.

(AG) is the lower-risk stock at 1. 56β versus Coeur Mining, Inc. 's 1. 81β — meaning CDE is approximately 16% more volatile than AG relative to the S&P 500. On balance sheet safety, First Majestic Silver Corp. (AG) carries a lower debt/equity ratio of 10% versus 11% for Coeur Mining, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), First Majestic Silver Corp.

(AG) is pulling ahead at 128. 2% versus 96. 4% for Coeur Mining, Inc. (CDE). On earnings-per-share growth, the picture is similar: Coeur Mining, Inc. grew EPS 500. 0% year-over-year, compared to 202. 9% for First Majestic Silver Corp.. Over a 3-year CAGR, CDE leads at 38. 1% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Coeur Mining, Inc.

(CDE) is the more profitable company, earning 28. 3% net margin versus 13. 1% for First Majestic Silver Corp. — meaning it keeps 28. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CDE leads at 36. 3% versus 27. 8% for AG. At the gross margin level — before operating expenses — CDE leads at 39. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, Coeur Mining, Inc. (CDE) is the more undervalued stock at a PEG of 0. 17x versus First Majestic Silver Corp. 's 0. 78x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Coeur Mining, Inc. (CDE) trades at 9. 1x forward P/E versus 20. 4x for First Majestic Silver Corp. — 11. 3x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CDE: 60. 1% to $29. 00.

None of the stocks in this comparison currently pay a material dividend.

All are effectively zero-yield and should be held for capital appreciation rather than income.

For long-horizon retirement investors, First Majestic Silver Corp.

(AG) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+128. 5% 10Y return). Coeur Mining, Inc. (CDE) carries a higher beta of 1. 81 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (AG: +128. 5%, CDE: +149. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Basic Materials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.