Agnico Eagle Mines Limited (AEM)’s Financial Results Comparing With Eldorado Gold Corporation (NYSE:EGO)

Agnico Eagle Mines Limited (NYSE:AEM) and Eldorado Gold Corporation (NYSE:EGO), are influenced by contrast since they are both players in the Gold. These factors are particularly influence the dividends, institutional ownership, analyst recommendations, profitability, risk, earnings and valuation of the two firms.

Valuation & Earnings

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Agnico Eagle Mines Limited 49 6.73 N/A -1.34 0.00
Eldorado Gold Corporation 6 3.32 N/A -2.51 0.00

Table 1 highlights Agnico Eagle Mines Limited and Eldorado Gold Corporation’s gross revenue, earnings per share and valuation.

Profitability

Table 2 hightlights the net margins, return on assets and return on equity of the two companies.

Net Margins Return on Equity Return on Assets
Agnico Eagle Mines Limited 0.00% -6.7% -3.9%
Eldorado Gold Corporation 0.00% -11.6% -8.3%

Volatility and Risk

Agnico Eagle Mines Limited has a -0.4 beta, while its volatility is 140.00%, thus making it less volatile than Standard and Poor’s 500. Eldorado Gold Corporation’s 2.09 beta is the reason why it is 109.00% more volatile than Standard and Poor’s 500.

Liquidity

The Current Ratio and Quick Ratio of Agnico Eagle Mines Limited are 1.3 and 0.6 respectively. Its competitor Eldorado Gold Corporation’s Current Ratio is 4 and its Quick Ratio is 2.7. Eldorado Gold Corporation can pay off short and long-term obligations better than Agnico Eagle Mines Limited.

Analyst Recommendations

In next table is given Agnico Eagle Mines Limited and Eldorado Gold Corporation’s ratings and recommendations.

Sell Ratings Hold Ratings Buy Ratings Rating Score
Agnico Eagle Mines Limited 0 1 1 2.50
Eldorado Gold Corporation 0 1 0 2.00

The average target price of Agnico Eagle Mines Limited is $61.5, with potential upside of 2.67%. Meanwhile, Eldorado Gold Corporation’s average target price is $6, while its potential downside is -32.96%. The data from earlier shows that analysts belief suggest that Agnico Eagle Mines Limited seems more appealing than Eldorado Gold Corporation.

Insider & Institutional Ownership

Institutional investors owned 78.1% of Agnico Eagle Mines Limited shares and 75.8% of Eldorado Gold Corporation shares. 0.2% are Agnico Eagle Mines Limited’s share owned by insiders. Competitively, Eldorado Gold Corporation has 0.8% of it’s share owned by insiders.

Performance

In this table we provide the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Agnico Eagle Mines Limited -2.65% 4% 27.55% 21.78% 24.54% 29.28%
Eldorado Gold Corporation -1.28% 32.99% 87.35% 161.9% 43.93% 167.36%

For the past year Agnico Eagle Mines Limited’s stock price has smaller growth than Eldorado Gold Corporation.

Summary

On 7 of the 9 factors Agnico Eagle Mines Limited beats Eldorado Gold Corporation.

Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Finland, and Mexico. It operates through three segments: Northern Business, Southern Business, and Exploration. The company primarily produces and sells gold, as well as explores for silver, zinc, and copper. Its flagship property is the LaRonde mine located in the Abitibi region of northwestern Quebec, Canada. As of December, 31, 2016, the LaRonde mine had a proven and probable mineral reserve of approximately 3.05 million ounces of gold. The company has exploration activities in Canada, Europe, Latin America, and the United States. Agnico Eagle Mines Limited was founded in 1953 and is headquartered in Toronto, Canada.

Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. The company also explores for iron, silver, lead, and zinc. It holds 100% interests in the Kisladag and Efemcukuru gold mines in Turkey; 95% interests in Olympias and Skouries, and 100% interests in Perama Hill gold projects in Greece; 81% interests in Certej gold project in Romania; 100% interests in Tocantinzinho gold project in Brazil; 95% interests in Stratoni lead and zinc mines in Greece; and 100% interests in Vila Nova iron ore mine in Brazil. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in April 1996. Eldorado Gold Corporation was founded in 1992 and is headquartered in Vancouver, Canada.

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