AGI vs AEM

For growth investors, Agnico Eagle Mines Limited (AEM) is the stronger pick with 43.

7% revenue growth year-over-year, versus 34. 6% for Alamos Gold Inc. (AGI). Alamos Gold Inc. (AGI) offers the better valuation at 20. 7x trailing P/E (15. 5x forward), making it the more compelling value choice. Analysts rate Alamos Gold Inc. (AGI) a "Buy" — based on 13 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, Alamos Gold Inc.

(AGI) is the cheapest at 20. 7x versus Agnico Eagle Mines Limited at 21. 8x. On forward P/E, Agnico Eagle Mines Limited is actually cheaper at 13. 9x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Alamos Gold Inc. wins at 0. 37x versus Agnico Eagle Mines Limited's 0. 42x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

Over the past 5 years, Alamos Gold Inc.

(AGI) delivered a total return of +409. 8%, compared to +194. 1% for Agnico Eagle Mines Limited (AEM). Over 10 years, the gap is even starker: AGI returned +576. 0% versus AEM's +363. 7%. 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), Agnico Eagle Mines Limited (AEM) is the lower-risk stock at 0.

66β versus Alamos Gold Inc. 's 0. 77β — meaning AGI is approximately 17% more volatile than AEM relative to the S&P 500. On balance sheet safety, Agnico Eagle Mines Limited (AEM) carries a lower debt/equity ratio of 1% versus 5% for Alamos Gold Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Agnico Eagle Mines Limited (AEM) is pulling ahead at 43.

7% versus 34. 6% for Alamos Gold Inc. (AGI). On earnings-per-share growth, the picture is similar: Alamos Gold Inc. grew EPS 204. 3% year-over-year, compared to 134. 4% for Agnico Eagle Mines Limited. Over a 3-year CAGR, AGI leads at 30. 2% 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.

Alamos Gold Inc.

(AGI) is the more profitable company, earning 49. 1% net margin versus 37. 5% for Agnico Eagle Mines Limited — meaning it keeps 49. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: AEM leads at 53. 1% versus 44. 5% for AGI. At the gross margin level — before operating expenses — AEM leads at 58. 1%, 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, Alamos Gold Inc. (AGI) is the more undervalued stock at a PEG of 0. 37x versus Agnico Eagle Mines Limited's 0. 42x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Agnico Eagle Mines Limited (AEM) trades at 13. 9x forward P/E versus 15. 5x for Alamos Gold Inc. — 1. 5x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for AGI: 25. 6% to $54. 50.

All stocks in this comparison pay dividends.

Agnico Eagle Mines Limited (AEM) offers the highest yield at 0. 7%, versus 0. 2% for Alamos Gold Inc. (AGI).

For long-horizon retirement investors, Agnico Eagle Mines Limited (AEM) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

66), 0. 7% yield, +363. 7% 10Y return). Both have compounded well over 10 years (AEM: +363. 7%, AGI: +576. 0%), 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.

AEM pays a dividend while AGI does not, making them suitable for different income and tax situations. 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.