ASM vs CDE vs HL vs EXK vs PAAS

For growth investors, Coeur Mining, Inc.

(CDE) is the stronger pick with 96. 4% revenue growth year-over-year, versus 5. 9% for Endeavour Silver Corp. (EXK). Coeur Mining, Inc. (CDE) offers the better valuation at 20. 1x trailing P/E (9. 4x forward), making it the more compelling value choice. Analysts rate Avino Silver & Gold Mines Ltd. (ASM) a "Buy" — based on 5 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 Avino Silver & Gold Mines Ltd. at 40. 4x. On forward P/E, Coeur Mining, Inc. is actually cheaper at 9. 4x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Coeur Mining, Inc. wins at 0. 18x versus Pan American Silver Corp. 's 0. 48x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

Over the past 5 years, Avino Silver & Gold Mines Ltd.

(ASM) delivered a total return of +390. 0%, compared to +61. 1% for Endeavour Silver Corp. (EXK). Over 10 years, the gap is even starker: ASM returned +439. 1% versus CDE's +156. 0%. 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), Pan American Silver Corp.

(PAAS) is the lower-risk stock at 0. 88β versus Avino Silver & Gold Mines Ltd. 's 2. 17β — meaning ASM is approximately 146% more volatile than PAAS relative to the S&P 500. On balance sheet safety, Avino Silver & Gold Mines Ltd. (ASM) carries a lower debt/equity ratio of 3% versus 25% for Endeavour Silver Corp. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Coeur Mining, Inc.

(CDE) is pulling ahead at 96. 4% versus 5. 9% for Endeavour Silver Corp. (EXK). On earnings-per-share growth, the picture is similar: Hecla Mining Company grew EPS 765. 7% year-over-year, compared to -519. 4% for Endeavour 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.

Avino Silver & Gold Mines Ltd.

(ASM) is the more profitable company, earning 31. 3% net margin versus -14. 5% for Endeavour Silver Corp. — meaning it keeps 31. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: HL leads at 37. 5% versus 3. 8% for EXK. At the gross margin level — before operating expenses — ASM leads at 48. 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. 18x versus Pan American Silver Corp. 's 0. 48x. 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. 4x forward P/E versus 20. 7x for Hecla Mining Company — 11. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ASM: 57. 9% to $10. 83.

In this comparison, PAAS (0.

8% yield) pays a dividend. ASM, CDE, HL, EXK do not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, Pan American Silver Corp.

(PAAS) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 88), 0. 8% yield, +335. 4% 10Y return). Coeur Mining, Inc. (CDE) carries a higher beta of 1. 89 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (PAAS: +335. 4%, CDE: +156. 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.

In terms of investment character: ASM is a small-cap high-growth stock; CDE is a mid-cap high-growth stock; HL is a mid-cap high-growth stock; EXK is a small-cap quality compounder stock; PAAS is a mid-cap high-growth stock. PAAS pays a dividend while ASM, CDE, HL, EXK do 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.