Gold
Compare Stocks
4 / 10Stock Comparison
NG vs IAG vs AEM vs EGO
Revenue, margins, valuation, and 5-year total return — side by side.
Gold
Gold
Gold
NG vs IAG vs AEM vs EGO — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Gold | Gold | Gold | Gold |
| Market Cap | $3.47B | $10.80B | $94.03B | $6.55B |
| Revenue (TTM) | $0.00 | $3.42B | $11.87B | $1.82B |
| Net Income (TTM) | $-95M | $1.01B | $4.45B | $510M |
| Gross Margin | — | 47.9% | 57.3% | 46.4% |
| Operating Margin | — | 44.8% | 52.9% | 40.0% |
| Forward P/E | — | 7.7x | 13.5x | 7.8x |
| Total Debt | $166M | $840M | $321M | $1.30B |
| Cash & Equiv. | $110M | $421M | $2.87B | $868M |
NG vs IAG vs AEM vs EGO — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| NovaGold Resources … (NG) | 100 | 89.3 | -10.7% |
| IAMGOLD Corporation (IAG) | 100 | 490.4 | +390.4% |
| Agnico Eagle Mines … (AEM) | 100 | 293.3 | +193.3% |
| Eldorado Gold Corpo… (EGO) | 100 | 394.6 | +294.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NG vs IAG vs AEM vs EGO
Each card shows where this stock fits in a portfolio — not just who wins on paper.
NG plays a supporting role in this comparison — it may shine differently against other peers.
IAG carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 77.8%, EPS growth -22.7%, 3Y rev CAGR 44.7%
- 439.4% 10Y total return vs AEM's 351.2%
- PEG 0.12 vs AEM's 0.40
- 77.8% revenue growth vs NG's -108.3%
AEM is the #2 pick in this set and the best alternative if income & stability and sleep-well-at-night is your priority.
- Dividend streak 2 yrs, beta 0.52, yield 0.8%
- Lower volatility, beta 0.52, Low D/E 1.3%, current ratio 2.02x
- Beta 0.52, yield 0.8%, current ratio 2.02x
- 37.5% margin vs NG's -2.9%
EGO lags the leaders in this set but could rank higher in a more targeted comparison.
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 77.8% revenue growth vs NG's -108.3% | |
| Value | Lower P/E (7.7x vs 7.8x), PEG 0.12 vs 0.29 | |
| Quality / Margins | 37.5% margin vs NG's -2.9% | |
| Stability / Safety | Beta 0.52 vs NG's 1.39, lower leverage | |
| Dividends | 0.8% yield; 2-year raise streak; the other 3 pay no meaningful dividend | |
| Momentum (1Y) | +163.9% vs AEM's +61.4% | |
| Efficiency (ROA) | 17.6% ROA vs NG's -28.2%, ROIC 19.1% vs -25.1% |
NG vs IAG vs AEM vs EGO — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
Segment breakdown not available.
NG vs IAG vs AEM vs EGO — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
AEM leads in 2 of 6 categories
IAG leads 1 • NG leads 0 • EGO leads 0 • 3 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
Evenly matched — IAG and AEM each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
AEM and NG operate at a comparable scale, with $11.9B and $0 in trailing revenue. AEM is the more profitable business, keeping 37.5% of every revenue dollar as net income compared to EGO's 28.0%. On growth, IAG holds the edge at +115.9% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $0 | $3.4B | $11.9B | $1.8B |
| EBITDAEarnings before interest/tax | -$47M | $2.0B | $7.9B | $993M |
| Net IncomeAfter-tax profit | -$95M | $1.0B | $4.4B | $510M |
| Free Cash FlowCash after capex | -$39M | $1.3B | $4.4B | -$184M |
| Gross MarginGross profit ÷ Revenue | — | +47.9% | +57.3% | +46.4% |
| Operating MarginEBIT ÷ Revenue | — | +44.8% | +52.9% | +40.0% |
| Net MarginNet income ÷ Revenue | — | +29.5% | +37.5% | +28.0% |
| FCF MarginFCF ÷ Revenue | — | +37.3% | +37.1% | -10.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | +115.9% | +64.9% | +34.5% |
| EPS Growth (YoY)Latest quarter vs prior year | -17.8% | +8.4% | +199.0% | +134.6% |
Valuation Metrics
Evenly matched — IAG and EGO each lead in 3 of 7 comparable metrics.
Valuation Metrics
At 13.2x trailing earnings, EGO trades at a 38% valuation discount to AEM's 21.2x P/E. Adjusting for growth (PEG ratio), IAG offers better value at 0.24x vs AEM's 0.63x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $3.5B | $10.8B | $94.0B | $6.6B |
| Enterprise ValueMkt cap + debt − cash | $3.5B | $11.2B | $91.5B | $7.0B |
| Trailing P/EPrice ÷ TTM EPS | -32.82x | 15.81x | 21.18x | 13.21x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 7.70x | 13.47x | 7.76x |
| PEG RatioP/E ÷ EPS growth rate | — | 0.24x | 0.63x | 0.49x |
| EV / EBITDAEnterprise value multiple | — | 7.18x | 11.47x | 6.72x |
| Price / SalesMarket cap ÷ Revenue | — | 3.72x | 7.90x | 3.54x |
| Price / BookPrice ÷ Book value/share | 19.52x | 2.52x | 3.82x | 1.59x |
| Price / FCFMarket cap ÷ FCF | — | 14.00x | 22.06x | — |
Profitability & Efficiency
AEM leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
IAG delivers a 25.8% return on equity — every $100 of shareholder capital generates $26 in annual profit, vs $-58 for NG. AEM carries lower financial leverage with a 0.01x debt-to-equity ratio, signaling a more conservative balance sheet compared to NG's 1.02x. On the Piotroski fundamental quality scale (0–9), AEM scores 8/9 vs NG's 3/9, reflecting strong financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | -57.8% | +25.8% | +19.3% | +12.4% |
| ROA (TTM)Return on assets | -28.2% | +17.6% | +13.7% | +8.0% |
| ROICReturn on invested capital | -25.1% | +19.1% | +21.9% | +13.3% |
| ROCEReturn on capital employed | -21.7% | +21.2% | +20.9% | +13.5% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 7 | 8 | 6 |
| Debt / EquityFinancial leverage | 1.02x | 0.20x | 0.01x | 0.30x |
| Net DebtTotal debt minus cash | $56M | $419M | -$2.5B | $428M |
| Cash & Equiv.Liquid assets | $110M | $421M | $2.9B | $868M |
| Total DebtShort + long-term debt | $166M | $840M | $321M | $1.3B |
| Interest CoverageEBIT ÷ Interest expense | -3.20x | 20.83x | 73.32x | 20.66x |
Total Returns (Dividends Reinvested)
IAG leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in IAG five years ago would be worth $55,408 today (with dividends reinvested), compared to $8,870 for NG. Over the past 12 months, IAG leads with a +163.9% total return vs AEM's +61.4%. The 3-year compound annual growth rate (CAGR) favors IAG at 78.2% vs NG's 15.7% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | -7.2% | +13.1% | +10.4% | -6.2% |
| 1-Year ReturnPast 12 months | +118.2% | +163.9% | +61.4% | +66.3% |
| 3-Year ReturnCumulative with dividends | +54.9% | +466.0% | +224.3% | +178.5% |
| 5-Year ReturnCumulative with dividends | -11.3% | +454.1% | +183.3% | +198.0% |
| 10-Year ReturnCumulative with dividends | +37.6% | +439.4% | +351.2% | +58.6% |
| CAGR (3Y)Annualised 3-year return | +15.7% | +78.2% | +48.0% | +40.7% |
Risk & Volatility
Evenly matched — IAG and AEM each lead in 1 of 2 comparable metrics.
Risk & Volatility
AEM is the less volatile stock with a 0.52 beta — it tends to amplify market swings less than NG's 1.39 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. IAG currently trades 73.7% from its 52-week high vs NG's 59.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.39x | 0.93x | 0.52x | 0.57x |
| 52-Week HighHighest price in past year | $14.40 | $24.87 | $255.24 | $51.16 |
| 52-Week LowLowest price in past year | $3.37 | $6.06 | $103.38 | $17.18 |
| % of 52W HighCurrent price vs 52-week peak | +59.3% | +73.7% | +73.5% | +64.8% |
| RSI (14)Momentum oscillator 0–100 | 50.7 | 53.8 | 43.1 | 45.3 |
| Avg Volume (50D)Average daily shares traded | 3.7M | 6.9M | 2.5M | 3.0M |
Analyst Outlook
AEM leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Analyst consensus: NG as "Buy", IAG as "Buy", AEM as "Buy", EGO as "Hold". Consensus price targets imply 60.9% upside for IAG (target: $30) vs 26.6% for AEM (target: $238). AEM is the only dividend payer here at 0.77% yield — a key consideration for income-focused portfolios.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Hold |
| Price TargetConsensus 12-month target | $13.40 | $29.50 | $237.71 | $52.67 |
| # AnalystsCovering analysts | 5 | 29 | 31 | 24 |
| Dividend YieldAnnual dividend ÷ price | — | — | +0.8% | — |
| Dividend StreakConsecutive years of raises | — | 0 | 2 | 0 |
| Dividend / ShareAnnual DPS | — | — | $1.45 | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.5% | +0.7% | +3.3% |
AEM leads in 2 of 6 categories (Profitability & Efficiency, Analyst Outlook). IAG leads in 1 (Total Returns). 3 tied.
NG vs IAG vs AEM vs EGO: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is NG or IAG or AEM or EGO a better buy right now?
For growth investors, IAMGOLD Corporation (IAG) is the stronger pick with 77.
8% revenue growth year-over-year, versus 39. 9% for Eldorado Gold Corporation (EGO). Eldorado Gold Corporation (EGO) offers the better valuation at 13. 2x trailing P/E (7. 8x forward), making it the more compelling value choice. Analysts rate NovaGold Resources Inc. (NG) 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.
02Which has the better valuation — NG or IAG or AEM or EGO?
On trailing P/E, Eldorado Gold Corporation (EGO) is the cheapest at 13.
2x versus Agnico Eagle Mines Limited at 21. 2x. On forward P/E, IAMGOLD Corporation is actually cheaper at 7. 7x — 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: IAMGOLD Corporation wins at 0. 12x versus Agnico Eagle Mines Limited's 0. 40x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — NG or IAG or AEM or EGO?
Over the past 5 years, IAMGOLD Corporation (IAG) delivered a total return of +454.
1%, compared to -11. 3% for NovaGold Resources Inc. (NG). Over 10 years, the gap is even starker: IAG returned +439. 4% versus NG's +37. 6%. 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 — NG or IAG or AEM or EGO?
By beta (market sensitivity over 5 years), Agnico Eagle Mines Limited (AEM) is the lower-risk stock at 0.
52β versus NovaGold Resources Inc. 's 1. 39β — meaning NG is approximately 165% 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 102% for NovaGold Resources Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — NG or IAG or AEM or EGO?
By revenue growth (latest reported year), IAMGOLD Corporation (IAG) is pulling ahead at 77.
8% versus 39. 9% for Eldorado Gold Corporation (EGO). On earnings-per-share growth, the picture is similar: Agnico Eagle Mines Limited grew EPS 134. 4% year-over-year, compared to -100. 0% for NovaGold Resources Inc.. Over a 3-year CAGR, IAG leads at 44. 7% 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 — NG or IAG or AEM or EGO?
Agnico Eagle Mines Limited (AEM) is the more profitable company, earning 37.
5% net margin versus 0. 0% for NovaGold Resources Inc. — 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 0. 0% for NG. 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 NG or IAG or AEM or EGO 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, IAMGOLD Corporation (IAG) is the more undervalued stock at a PEG of 0. 12x versus Agnico Eagle Mines Limited's 0. 40x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, IAMGOLD Corporation (IAG) trades at 7. 7x forward P/E versus 13. 5x for Agnico Eagle Mines Limited — 5. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for IAG: 60. 9% to $29. 50.
08Which pays a better dividend — NG or IAG or AEM or EGO?
In this comparison, AEM (0.
8% yield) pays a dividend. NG, IAG, EGO do not pay a meaningful dividend and should not be held primarily for income.
09Is NG or IAG or AEM or EGO 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.
52), 0. 8% yield, +351. 2% 10Y return). Both have compounded well over 10 years (AEM: +351. 2%, NG: +37. 6%), 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 NG and IAG and AEM and EGO?
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: NG is a small-cap quality compounder stock; IAG is a mid-cap high-growth stock; AEM is a mid-cap high-growth stock; EGO is a small-cap high-growth stock. AEM pays a dividend while NG, IAG, EGO 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.