Gold
Compare Stocks
4 / 10Stock Comparison
CDE vs AEM vs NEM vs HL
Revenue, margins, valuation, and 5-year total return — side by side.
Gold
Gold
Gold
CDE vs AEM vs NEM vs HL — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Gold | Gold | Gold | Gold |
| Market Cap | $12.09B | $96.80B | $129.09B | $12.48B |
| Revenue (TTM) | $2.57B | $11.87B | $17.23B | $1.57B |
| Net Income (TTM) | $799M | $4.45B | $5.26B | $559M |
| Gross Margin | 35.4% | 57.3% | 52.1% | 50.9% |
| Operating Margin | 39.4% | 52.9% | 49.3% | 44.1% |
| Forward P/E | 9.4x | 13.9x | 11.2x | 20.7x |
| Total Debt | $365M | $321M | $474M | $299M |
| Cash & Equiv. | $554M | $2.87B | $7.65B | $242M |
CDE vs AEM vs NEM vs HL — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Coeur Mining, Inc. (CDE) | 100 | 322.8 | +222.8% |
| Agnico Eagle Mines … (AEM) | 100 | 301.9 | +201.9% |
| Newmont Corporation (NEM) | 100 | 199.3 | +99.3% |
| Hecla Mining Company (HL) | 100 | 560.5 | +460.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CDE vs AEM vs NEM vs HL
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CDE is the #2 pick in this set and the best alternative if growth exposure and valuation efficiency is your priority.
- Rev growth 96.4%, EPS growth 5.0%, 3Y rev CAGR 38.1%
- PEG 0.18 vs NEM's 0.87
- 96.4% revenue growth vs NEM's 19.1%
- Lower P/E (9.4x vs 20.7x)
AEM carries the broadest edge in this set and is the clearest fit for income & stability and sleep-well-at-night.
- Dividend streak 2 yrs, beta 0.66, yield 0.7%
- Lower volatility, beta 0.66, Low D/E 1.3%, current ratio 2.02x
- Beta 0.66, yield 0.7%, current ratio 2.02x
- 37.5% margin vs NEM's 30.5%
NEM lags the leaders in this set but could rank higher in a more targeted comparison.
HL is the clearest fit if your priority is long-term compounding.
- 373.7% 10Y total return vs AEM's 363.7%
- +278.6% vs AEM's +69.9%
- 16.3% ROA vs NEM's 9.4%, ROIC 15.3% vs 24.9%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 96.4% revenue growth vs NEM's 19.1% | |
| Value | Lower P/E (9.4x vs 20.7x) | |
| Quality / Margins | 37.5% margin vs NEM's 30.5% | |
| Stability / Safety | Beta 0.66 vs CDE's 1.89, lower leverage | |
| Dividends | 0.7% yield, 2-year raise streak, vs NEM's 0.9%, (1 stock pays no dividend) | |
| Momentum (1Y) | +278.6% vs AEM's +69.9% | |
| Efficiency (ROA) | 16.3% ROA vs NEM's 9.4%, ROIC 15.3% vs 24.9% |
CDE vs AEM vs NEM vs HL — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
CDE vs AEM vs NEM vs HL — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
AEM leads in 1 of 6 categories
CDE leads 1 • NEM leads 0 • HL leads 0 • 4 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
AEM leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
NEM is the larger business by revenue, generating $17.2B annually — 11.0x HL's $1.6B. AEM is the more profitable business, keeping 37.5% of every revenue dollar as net income compared to NEM's 30.5%. On growth, CDE holds the edge at +137.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $2.6B | $11.9B | $17.2B | $1.6B |
| EBITDAEarnings before interest/tax | $1.2B | $7.9B | $12.7B | $853M |
| Net IncomeAfter-tax profit | $799M | $4.4B | $5.3B | $559M |
| Free Cash FlowCash after capex | $915M | $4.4B | $12.9B | $472M |
| Gross MarginGross profit ÷ Revenue | +35.4% | +57.3% | +52.1% | +50.9% |
| Operating MarginEBIT ÷ Revenue | +39.4% | +52.9% | +49.3% | +44.1% |
| Net MarginNet income ÷ Revenue | +31.1% | +37.5% | +30.5% | +35.6% |
| FCF MarginFCF ÷ Revenue | +35.6% | +37.1% | +75.0% | +30.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +137.8% | +64.9% | -100.0% | +57.4% |
| EPS Growth (YoY)Latest quarter vs prior year | +4.9% | +199.0% | -100.0% | -160.0% |
Valuation Metrics
CDE leads this category, winning 4 of 7 comparable metrics.
Valuation Metrics
At 18.2x trailing earnings, NEM trades at a 52% valuation discount to HL's 38.0x P/E. Adjusting for growth (PEG ratio), CDE offers better value at 0.39x vs NEM's 1.42x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $12.1B | $96.8B | $129.1B | $12.5B |
| Enterprise ValueMkt cap + debt − cash | $11.9B | $94.3B | $121.9B | $12.5B |
| Trailing P/EPrice ÷ TTM EPS | 20.62x | 21.81x | 18.18x | 37.98x |
| Forward P/EPrice ÷ next-FY EPS est. | 9.37x | 13.94x | 11.17x | 20.75x |
| PEG RatioP/E ÷ EPS growth rate | 0.39x | 0.65x | 1.42x | — |
| EV / EBITDAEnterprise value multiple | 11.63x | 11.82x | 9.29x | 17.75x |
| Price / SalesMarket cap ÷ Revenue | 5.84x | 8.13x | 5.84x | 8.77x |
| Price / BookPrice ÷ Book value/share | 3.65x | 3.93x | 3.79x | 4.71x |
| Price / FCFMarket cap ÷ FCF | 18.15x | 22.71x | 17.69x | 40.23x |
Profitability & Efficiency
Evenly matched — NEM and HL each lead in 3 of 9 comparable metrics.
Profitability & Efficiency
HL delivers a 22.5% return on equity — every $100 of shareholder capital generates $23 in annual profit, vs $15 for CDE. AEM carries lower financial leverage with a 0.01x debt-to-equity ratio, signaling a more conservative balance sheet compared to HL's 0.12x. On the Piotroski fundamental quality scale (0–9), NEM scores 9/9 vs CDE's 6/9, reflecting strong financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +15.2% | +19.3% | +15.6% | +22.5% |
| ROA (TTM)Return on assets | +11.2% | +13.7% | +9.4% | +16.3% |
| ROICReturn on invested capital | +23.5% | +21.9% | +24.9% | +15.3% |
| ROCEReturn on capital employed | +23.9% | +20.9% | +20.7% | +16.8% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 8 | 9 | 8 |
| Debt / EquityFinancial leverage | 0.11x | 0.01x | 0.01x | 0.12x |
| Net DebtTotal debt minus cash | -$188M | -$2.5B | -$7.2B | $57M |
| Cash & Equiv.Liquid assets | $554M | $2.9B | $7.6B | $242M |
| Total DebtShort + long-term debt | $365M | $321M | $474M | $299M |
| Interest CoverageEBIT ÷ Interest expense | 47.33x | 73.32x | 50.54x | 19.04x |
Total Returns (Dividends Reinvested)
Evenly matched — CDE and HL each lead in 2 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in AEM five years ago would be worth $29,406 today (with dividends reinvested), compared to $18,174 for NEM. Over the past 12 months, HL leads with a +278.6% total return vs AEM's +69.9%. The 3-year compound annual growth rate (CAGR) favors CDE at 74.1% vs NEM's 35.4% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +5.8% | +13.6% | +15.4% | -1.4% |
| 1-Year ReturnPast 12 months | +166.3% | +69.9% | +122.4% | +278.6% |
| 3-Year ReturnCumulative with dividends | +427.3% | +233.6% | +148.4% | +203.4% |
| 5-Year ReturnCumulative with dividends | +104.0% | +194.1% | +81.7% | +161.8% |
| 10-Year ReturnCumulative with dividends | +156.0% | +363.7% | +302.6% | +373.7% |
| CAGR (3Y)Annualised 3-year return | +74.1% | +49.4% | +35.4% | +44.8% |
Risk & Volatility
Evenly matched — AEM and NEM each lead in 1 of 2 comparable metrics.
Risk & Volatility
AEM is the less volatile stock with a 0.66 beta — it tends to amplify market swings less than CDE's 1.89 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NEM currently trades 86.4% from its 52-week high vs HL's 54.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.89x | 0.66x | 0.86x | 1.51x |
| 52-Week HighHighest price in past year | $27.77 | $255.24 | $134.88 | $34.17 |
| 52-Week LowLowest price in past year | $6.20 | $103.38 | $48.27 | $4.68 |
| % of 52W HighCurrent price vs 52-week peak | +66.8% | +75.7% | +86.4% | +54.5% |
| RSI (14)Momentum oscillator 0–100 | 46.0 | 41.7 | 51.5 | 46.2 |
| Avg Volume (50D)Average daily shares traded | 22.1M | 2.5M | 9.1M | 15.2M |
Analyst Outlook
Evenly matched — AEM and NEM each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: CDE as "Buy", AEM as "Buy", NEM as "Buy", HL as "Hold". Consensus price targets imply 46.6% upside for CDE (target: $27) vs 18.0% for NEM (target: $138). For income investors, NEM offers the higher dividend yield at 0.86% vs AEM's 0.75%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Hold |
| Price TargetConsensus 12-month target | $27.20 | $237.71 | $137.50 | $22.21 |
| # AnalystsCovering analysts | 21 | 31 | 36 | 26 |
| Dividend YieldAnnual dividend ÷ price | — | +0.7% | +0.9% | +0.1% |
| Dividend StreakConsecutive years of raises | 0 | 2 | 1 | 0 |
| Dividend / ShareAnnual DPS | — | $1.45 | $1.00 | $0.01 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.1% | +0.7% | +1.8% | +0.0% |
AEM leads in 1 of 6 categories (Income & Cash Flow). CDE leads in 1 (Valuation Metrics). 4 tied.
CDE vs AEM vs NEM vs HL: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is CDE or AEM or NEM or HL a better buy right now?
For growth investors, Coeur Mining, Inc.
(CDE) is the stronger pick with 96. 4% revenue growth year-over-year, versus 19. 1% for Newmont Corporation (NEM). Newmont Corporation (NEM) offers the better valuation at 18. 2x trailing P/E (11. 2x 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.
02Which has the better valuation — CDE or AEM or NEM or HL?
On trailing P/E, Newmont Corporation (NEM) is the cheapest at 18.
2x versus Hecla Mining Company at 38. 0x. On forward P/E, Coeur Mining, Inc. is actually cheaper at 9. 4x — 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: Coeur Mining, Inc. wins at 0. 18x versus Newmont Corporation's 0. 87x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — CDE or AEM or NEM or HL?
Over the past 5 years, Agnico Eagle Mines Limited (AEM) delivered a total return of +194.
1%, compared to +81. 7% for Newmont Corporation (NEM). Over 10 years, the gap is even starker: HL returned +373. 7% 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.
04Which is safer — CDE or AEM or NEM or HL?
By beta (market sensitivity over 5 years), Agnico Eagle Mines Limited (AEM) is the lower-risk stock at 0.
66β versus Coeur Mining, Inc. 's 1. 89β — meaning CDE is approximately 187% 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 12% for Hecla Mining Company — giving it more financial flexibility in a downturn.
05Which is growing faster — CDE or AEM or NEM or HL?
By revenue growth (latest reported year), Coeur Mining, Inc.
(CDE) is pulling ahead at 96. 4% versus 19. 1% for Newmont Corporation (NEM). On earnings-per-share growth, the picture is similar: Hecla Mining Company grew EPS 765. 7% year-over-year, compared to 124. 1% for Newmont Corporation. 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.
06Which has better profit margins — CDE or AEM or NEM or HL?
Agnico Eagle Mines Limited (AEM) is the more profitable company, earning 37.
5% net margin versus 22. 6% for Hecla Mining Company — meaning it keeps 37. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: AEM leads at 53. 1% versus 36. 3% for CDE. 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.
07Is CDE or AEM or NEM or HL more undervalued right now?
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 Newmont Corporation's 0. 87x. 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 CDE: 46. 6% to $27. 20.
08Which pays a better dividend — CDE or AEM or NEM or HL?
In this comparison, NEM (0.
9% yield), AEM (0. 7% yield) pay a dividend. CDE, HL do not pay a meaningful dividend and should not be held primarily for income.
09Is CDE or AEM or NEM or HL better for a retirement portfolio?
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). 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 (AEM: +363. 7%, 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.
10What are the main differences between CDE and AEM and NEM and HL?
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, NEM pay a dividend while CDE, HL 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.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform all of them.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.