Gold
Compare Stocks
5 / 10Stock Comparison
TRX vs GLDG vs GORO vs AEM vs NEM
Revenue, margins, valuation, and 5-year total return — side by side.
Gold
Gold
Gold
Gold
TRX vs GLDG vs GORO vs AEM vs NEM — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Gold | Gold | Gold | Gold | Gold |
| Market Cap | $355M | $250M | $231M | $94.03B | $125.72B |
| Revenue (TTM) | $98M | $0.00 | $93M | $11.87B | $17.23B |
| Net Income (TTM) | $-6M | $-15M | $-6M | $4.45B | $5.26B |
| Gross Margin | 47.1% | — | 18.9% | 57.3% | 52.1% |
| Operating Margin | 35.2% | — | 13.1% | 52.9% | 49.3% |
| Forward P/E | 71.6x | — | 28.6x | 13.9x | 11.2x |
| Total Debt | $5M | $387K | $91M | $321M | $474M |
| Cash & Equiv. | $15M | $12M | $25M | $2.87B | $7.65B |
TRX vs GLDG vs GORO vs AEM vs NEM — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| TRX Gold Corporation (TRX) | 100 | 148.3 | +48.3% |
| GoldMining Inc. (GLDG) | 100 | 107.1 | +7.1% |
| Gold Resource Corpo… (GORO) | 100 | 33.6 | -66.4% |
| Agnico Eagle Mines … (AEM) | 100 | 301.9 | +201.9% |
| Newmont Corporation (NEM) | 100 | 199.3 | +99.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: TRX vs GLDG vs GORO vs AEM vs NEM
Each card shows where this stock fits in a portfolio — not just who wins on paper.
TRX ranks third and is worth considering specifically for momentum.
- +289.2% vs GLDG's +48.9%
Among these 5 stocks, GLDG doesn't own a clear edge in any measured category.
GORO is the #2 pick in this set and the best alternative if sleep-well-at-night is your priority.
- Lower volatility, beta 0.38, current ratio 2.85x
- 44.0% revenue growth vs NEM's 19.1%
- Beta 0.38 vs TRX's 1.79
AEM carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 43.7%, EPS growth 134.4%, 3Y rev CAGR 29.3%
- 351.2% 10Y total return vs NEM's 293.1%
- PEG 0.42 vs NEM's 0.87
- 37.5% margin vs GORO's -6.9%
NEM is the clearest fit if your priority is income & stability and defensive.
- Dividend streak 1 yrs, beta 0.75, yield 0.9%
- Beta 0.75, yield 0.9%, current ratio 1.72x
- Lower P/E (11.2x vs 28.6x)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 44.0% revenue growth vs NEM's 19.1% | |
| Value | Lower P/E (11.2x vs 28.6x) | |
| Quality / Margins | 37.5% margin vs GORO's -6.9% | |
| Stability / Safety | Beta 0.38 vs TRX's 1.79 | |
| Dividends | 0.8% yield, 2-year raise streak, vs NEM's 0.9%, (3 stocks pay no dividend) | |
| Momentum (1Y) | +289.2% vs GLDG's +48.9% | |
| Efficiency (ROA) | 13.7% ROA vs GLDG's -8.3%, ROIC 21.9% vs -18.3% |
TRX vs GLDG vs GORO vs AEM vs NEM — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
Segment breakdown not available.
TRX vs GLDG vs GORO vs AEM vs NEM — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
AEM leads in 3 of 6 categories
NEM leads 1 • TRX leads 0 • GLDG leads 0 • GORO leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
AEM leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
NEM and GLDG operate at a comparable scale, with $17.2B and $0 in trailing revenue. AEM is the more profitable business, keeping 37.5% of every revenue dollar as net income compared to GORO's -6.9%. On growth, GORO holds the edge at +2.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $98M | $0 | $93M | $11.9B | $17.2B |
| EBITDAEarnings before interest/tax | $40M | -$24M | $25M | $7.9B | $12.7B |
| Net IncomeAfter-tax profit | -$6M | -$15M | -$6M | $4.4B | $5.3B |
| Free Cash FlowCash after capex | $6M | -$30M | -$4M | $4.4B | $12.9B |
| Gross MarginGross profit ÷ Revenue | +47.1% | — | +18.9% | +57.3% | +52.1% |
| Operating MarginEBIT ÷ Revenue | +35.2% | — | +13.1% | +52.9% | +49.3% |
| Net MarginNet income ÷ Revenue | -6.5% | — | -6.9% | +37.5% | +30.5% |
| FCF MarginFCF ÷ Revenue | +6.0% | — | -4.2% | +37.1% | +75.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +103.5% | — | +2.5% | +64.9% | -100.0% |
| EPS Growth (YoY)Latest quarter vs prior year | — | +104.2% | +193.3% | +199.0% | -100.0% |
Valuation Metrics
NEM leads this category, winning 3 of 7 comparable metrics.
Valuation Metrics
At 17.7x trailing earnings, NEM trades at a 16% valuation discount to AEM's 21.2x P/E. Adjusting for growth (PEG ratio), AEM offers better value at 0.63x vs NEM's 1.38x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $355M | $250M | $231M | $94.0B | $125.7B |
| Enterprise ValueMkt cap + debt − cash | $348M | $241M | $297M | $91.5B | $118.6B |
| Trailing P/EPrice ÷ TTM EPS | — | -12.09x | -30.43x | 21.18x | 17.70x |
| Forward P/EPrice ÷ next-FY EPS est. | 71.59x | — | 28.60x | 13.94x | 11.17x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | 0.63x | 1.38x |
| EV / EBITDAEnterprise value multiple | 17.54x | — | 11.93x | 11.47x | 9.03x |
| Price / SalesMarket cap ÷ Revenue | 6.11x | — | 2.48x | 7.90x | 5.69x |
| Price / BookPrice ÷ Book value/share | 3.54x | 2.65x | 4.46x | 3.82x | 3.69x |
| Price / FCFMarket cap ÷ FCF | 187.70x | — | 359.20x | 22.06x | 17.22x |
Profitability & Efficiency
AEM leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
AEM delivers a 19.3% return on equity — every $100 of shareholder capital generates $19 in annual profit, vs $-23 for GORO. GLDG carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to GORO's 2.07x. On the Piotroski fundamental quality scale (0–9), NEM scores 9/9 vs GLDG's 2/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | -6.1% | -8.5% | -22.7% | +19.3% | +15.6% |
| ROA (TTM)Return on assets | -3.5% | -8.3% | -4.0% | +13.7% | +9.4% |
| ROICReturn on invested capital | +15.5% | -18.3% | +13.5% | +21.9% | +24.9% |
| ROCEReturn on capital employed | +15.3% | -20.8% | +8.2% | +20.9% | +20.7% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 2 | 7 | 8 | 9 |
| Debt / EquityFinancial leverage | 0.04x | 0.00x | 2.07x | 0.01x | 0.01x |
| Net DebtTotal debt minus cash | -$9M | -$11M | $66M | -$2.5B | -$7.2B |
| Cash & Equiv.Liquid assets | $15M | $12M | $25M | $2.9B | $7.6B |
| Total DebtShort + long-term debt | $5M | $387,000 | $91M | $321M | $474M |
| Interest CoverageEBIT ÷ Interest expense | 8.73x | -113.47x | 0.73x | 73.32x | 50.54x |
Total Returns (Dividends Reinvested)
AEM leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in AEM five years ago would be worth $28,328 today (with dividends reinvested), compared to $5,415 for GORO. Over the past 12 months, TRX leads with a +289.2% total return vs GLDG's +48.9%. The 3-year compound annual growth rate (CAGR) favors AEM at 48.0% vs GLDG's 3.6% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +36.7% | -4.8% | +70.2% | +10.4% | +12.4% |
| 1-Year ReturnPast 12 months | +289.2% | +48.9% | +143.4% | +61.4% | +112.0% |
| 3-Year ReturnCumulative with dividends | +110.8% | +11.2% | +50.5% | +224.3% | +142.1% |
| 5-Year ReturnCumulative with dividends | +119.6% | -26.1% | -45.8% | +183.3% | +80.0% |
| 10-Year ReturnCumulative with dividends | +164.5% | +6.3% | -47.8% | +351.2% | +293.1% |
| CAGR (3Y)Annualised 3-year return | +28.2% | +3.6% | +14.6% | +48.0% | +34.3% |
Risk & Volatility
Evenly matched — GORO and NEM each lead in 1 of 2 comparable metrics.
Risk & Volatility
GORO is the less volatile stock with a 0.38 beta — it tends to amplify market swings less than TRX's 1.79 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NEM currently trades 84.1% from its 52-week high vs TRX's 43.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.98x | 1.47x | 0.43x | 0.66x | 0.86x |
| 52-Week HighHighest price in past year | $2.80 | $2.27 | $1.87 | $255.24 | $134.88 |
| 52-Week LowLowest price in past year | $0.30 | $0.72 | $0.43 | $103.38 | $48.27 |
| % of 52W HighCurrent price vs 52-week peak | +43.9% | +52.4% | +76.5% | +73.5% | +84.1% |
| RSI (14)Momentum oscillator 0–100 | 45.1 | 46.3 | 47.9 | 43.1 | 53.5 |
| Avg Volume (50D)Average daily shares traded | 4.4M | 2.1M | 1.8M | 2.5M | 9.2M |
Analyst Outlook
Evenly matched — AEM and NEM each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: TRX as "Buy", GLDG as "Buy", GORO as "Buy", AEM as "Buy", NEM as "Buy". Consensus price targets imply 135.3% upside for GLDG (target: $3) vs 21.2% for NEM (target: $138). For income investors, NEM offers the higher dividend yield at 0.88% vs AEM's 0.77%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $1.88 | $2.80 | $2.00 | $237.71 | $137.50 |
| # AnalystsCovering analysts | 1 | 1 | 4 | 31 | 36 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | +0.8% | +0.9% |
| Dividend StreakConsecutive years of raises | — | — | 0 | 2 | 1 |
| Dividend / ShareAnnual DPS | — | — | — | $1.45 | $1.00 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.2% | 0.0% | 0.0% | +0.7% | +1.8% |
AEM leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). NEM leads in 1 (Valuation Metrics). 2 tied.
TRX vs GLDG vs GORO vs AEM vs NEM: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is TRX or GLDG or GORO or AEM or NEM a better buy right now?
For growth investors, Gold Resource Corporation (GORO) is the stronger pick with 44.
0% revenue growth year-over-year, versus 19. 1% for Newmont Corporation (NEM). Newmont Corporation (NEM) offers the better valuation at 17. 7x trailing P/E (11. 2x forward), making it the more compelling value choice. Analysts rate TRX Gold Corporation (TRX) a "Buy" — based on 1 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 — TRX or GLDG or GORO or AEM or NEM?
On trailing P/E, Newmont Corporation (NEM) is the cheapest at 17.
7x versus Agnico Eagle Mines Limited at 21. 2x. On forward P/E, Newmont Corporation is actually cheaper at 11. 2x. 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. 42x 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 — TRX or GLDG or GORO or AEM or NEM?
Over the past 5 years, Agnico Eagle Mines Limited (AEM) delivered a total return of +183.
3%, compared to -45. 8% for Gold Resource Corporation (GORO). Over 10 years, the gap is even starker: AEM returned +363. 7% versus GORO's -51. 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 — TRX or GLDG or GORO or AEM or NEM?
By beta (market sensitivity over 5 years), Gold Resource Corporation (GORO) is the lower-risk stock at 0.
43β versus TRX Gold Corporation's 1. 98β — meaning TRX is approximately 363% more volatile than GORO relative to the S&P 500. On balance sheet safety, GoldMining Inc. (GLDG) carries a lower debt/equity ratio of 0% versus 2% for Gold Resource Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — TRX or GLDG or GORO or AEM or NEM?
By revenue growth (latest reported year), Gold Resource Corporation (GORO) is pulling ahead at 44.
0% versus 19. 1% for Newmont Corporation (NEM). On earnings-per-share growth, the picture is similar: Agnico Eagle Mines Limited grew EPS 134. 4% year-over-year, compared to 19. 5% for GoldMining Inc.. Over a 3-year CAGR, TRX leads at 60. 4% 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 — TRX or GLDG or GORO or AEM or NEM?
Agnico Eagle Mines Limited (AEM) is the more profitable company, earning 37.
5% net margin versus -6. 9% for Gold Resource Corporation — 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 GLDG. 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 TRX or GLDG or GORO or AEM or NEM 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, Agnico Eagle Mines Limited (AEM) is the more undervalued stock at a PEG of 0. 42x versus Newmont Corporation's 0. 87x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Newmont Corporation (NEM) trades at 11. 2x forward P/E versus 71. 6x for TRX Gold Corporation — 60. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for GLDG: 135. 3% to $2. 80.
08Which pays a better dividend — TRX or GLDG or GORO or AEM or NEM?
In this comparison, NEM (0.
9% yield), AEM (0. 8% yield) pay a dividend. TRX, GLDG, GORO do not pay a meaningful dividend and should not be held primarily for income.
09Is TRX or GLDG or GORO or AEM or NEM 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. 8% yield, +363. 7% 10Y return). TRX Gold Corporation (TRX) carries a higher beta of 1. 98 — 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%, TRX: +171. 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 TRX and GLDG and GORO and AEM and NEM?
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: TRX is a small-cap high-growth stock; GLDG is a small-cap quality compounder stock; GORO is a small-cap high-growth stock; AEM is a mid-cap high-growth stock; NEM is a mid-cap high-growth stock. AEM, NEM pay a dividend while TRX, GLDG, GORO 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.