AMRK vs NEM vs AEM vs RGLD

For growth investors, Royal Gold, Inc.

(RGLD) is the stronger pick with 44. 6% revenue growth year-over-year, versus 13. 2% for A-Mark Precious Metals, Inc. (AMRK). Newmont Corporation (NEM) offers the better valuation at 17. 7x trailing P/E (10. 9x forward), making it the more compelling value choice. Analysts rate A-Mark Precious Metals, Inc. (AMRK) a "Buy" — based on 4 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, Newmont Corporation (NEM) is the cheapest at 17.

7x versus A-Mark Precious Metals, Inc. at 65. 8x. On forward P/E, Newmont Corporation is actually cheaper at 10. 9x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Agnico Eagle Mines Limited wins at 0. 40x versus Royal Gold, Inc. 's 2. 51x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

Over the past 5 years, Agnico Eagle Mines Limited (AEM) delivered a total return of +183.

3%, compared to +80. 0% for Newmont Corporation (NEM). Over 10 years, the gap is even starker: AMRK returned +397. 5% versus NEM's +293. 1%. 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.

52β versus A-Mark Precious Metals, Inc. 's 1. 07β — meaning AMRK is approximately 105% 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 129% for A-Mark Precious Metals, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Royal Gold, Inc.

(RGLD) is pulling ahead at 44. 6% versus 13. 2% for A-Mark Precious Metals, Inc. (AMRK). On earnings-per-share growth, the picture is similar: Agnico Eagle Mines Limited grew EPS 134. 4% year-over-year, compared to -75. 0% for A-Mark Precious Metals, Inc.. Over a 3-year CAGR, AEM leads at 29. 3% 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.

Royal Gold, Inc.

(RGLD) is the more profitable company, earning 45. 2% net margin versus 0. 2% for A-Mark Precious Metals, Inc. — meaning it keeps 45. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: RGLD leads at 64. 5% versus 0. 4% for AMRK. At the gross margin level — before operating expenses — RGLD leads at 69. 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, Agnico Eagle Mines Limited (AEM) is the more undervalued stock at a PEG of 0. 40x versus Royal Gold, Inc. 's 2. 51x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Newmont Corporation (NEM) trades at 10. 9x forward P/E versus 19. 5x for Royal Gold, Inc. — 8. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for RGLD: 31. 0% to $304. 80.

All stocks in this comparison pay dividends.

A-Mark Precious Metals, Inc. (AMRK) offers the highest yield at 1. 6%, versus 0. 7% for Royal Gold, Inc. (RGLD).

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.

52), 0. 8% yield, +351. 2% 10Y return). Both have compounded well over 10 years (AEM: +351. 2%, AMRK: +397. 5%), 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.

These companies operate in different sectors (AMRK (Financial Services) and NEM (Basic Materials) and AEM (Basic Materials) and RGLD (Basic Materials)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

In terms of investment character: AMRK is a small-cap quality compounder stock; NEM is a mid-cap high-growth stock; AEM is a mid-cap high-growth stock; RGLD is a mid-cap high-growth stock. 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.