NGT vs. AEM, ABX, WPM, FNV, K, TNX, AGI, PAAS, LUG, and YRI
Should you be buying Newmont stock or one of its competitors? The main competitors of Newmont include Agnico Eagle Mines (AEM), Barrick Gold (ABX), Wheaton Precious Metals (WPM), Franco-Nevada (FNV), Kinross Gold (K), TRX Gold (TNX), Alamos Gold (AGI), Pan American Silver (PAAS), Lundin Gold (LUG), and Yamana Gold (YRI). These companies are all part of the "gold" industry.
Newmont vs.
Newmont (TSE:NGT) and Agnico Eagle Mines (TSE:AEM) are both large-cap basic materials companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, institutional ownership, community ranking, dividends, risk, profitability, analyst recommendations, valuation and media sentiment.
In the previous week, Agnico Eagle Mines had 7 more articles in the media than Newmont. MarketBeat recorded 16 mentions for Agnico Eagle Mines and 9 mentions for Newmont. Newmont's average media sentiment score of 0.95 beat Agnico Eagle Mines' score of 0.51 indicating that Newmont is being referred to more favorably in the media.
73.1% of Newmont shares are held by institutional investors. Comparatively, 70.9% of Agnico Eagle Mines shares are held by institutional investors. 0.1% of Newmont shares are held by company insiders. Comparatively, 0.1% of Agnico Eagle Mines shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Newmont pays an annual dividend of C$1.35 per share and has a dividend yield of 2.2%. Agnico Eagle Mines pays an annual dividend of C$2.17 per share and has a dividend yield of 1.8%. Newmont pays out -35.6% of its earnings in the form of a dividend. Agnico Eagle Mines pays out 135.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Newmont is clearly the better dividend stock, given its higher yield and lower payout ratio.
Agnico Eagle Mines has a net margin of 8.49% compared to Newmont's net margin of -13.29%. Agnico Eagle Mines' return on equity of 3.10% beat Newmont's return on equity.
Newmont currently has a consensus price target of C$56.50, indicating a potential downside of 6.27%. Agnico Eagle Mines has a consensus price target of C$116.00, indicating a potential downside of 5.76%. Given Agnico Eagle Mines' stronger consensus rating and higher possible upside, analysts clearly believe Agnico Eagle Mines is more favorable than Newmont.
Newmont has a beta of 0.51, meaning that its stock price is 49% less volatile than the S&P 500. Comparatively, Agnico Eagle Mines has a beta of 1.1, meaning that its stock price is 10% more volatile than the S&P 500.
Agnico Eagle Mines received 460 more outperform votes than Newmont when rated by MarketBeat users. However, 62.90% of users gave Newmont an outperform vote while only 60.41% of users gave Agnico Eagle Mines an outperform vote.
Agnico Eagle Mines has lower revenue, but higher earnings than Newmont. Newmont is trading at a lower price-to-earnings ratio than Agnico Eagle Mines, indicating that it is currently the more affordable of the two stocks.
Summary
Agnico Eagle Mines beats Newmont on 13 of the 21 factors compared between the two stocks.
Get Newmont News Delivered to You Automatically
Sign up to receive the latest news and ratings for NGT and its competitors with MarketBeat's FREE daily newsletter.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Related Companies and Tools
This page (TSE:NGT) was last updated on 1/18/2025 by MarketBeat.com Staff
Free NGT Stock Alerts