AEM vs. RS: Agnico Eagle Mines vs. Reliance Stock Comparison

November 11, 2026

How do Agnico Eagle Mines (AEM) and Reliance (RS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Agnico Eagle Mines (AEM) and Reliance (RS) both belong to the Metals & Mining industry, though AEM is classified under Gold while RS falls under Steel.

Company profile comparison for Agnico Eagle Mines (AEM) and Reliance (RS)
Profile Item	AEM	RS
Name	Agnico Eagle Mines Limited	Reliance, Inc.
Country/Region	Canada	United States
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Metals & Mining	Metals & Mining
GICS Sub-Industry	Gold	Steel
Market Capitalization	96.85 billion USD	21.24 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	February 21, 1973	September 16, 1994
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

AEM

GSPC

Agnico Eagle Mines (AEM) vs. Reliance (RS), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Agnico Eagle Mines (AEM) and Reliance (RS). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Agnico Eagle Mines (AEM) and Reliance (RS). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Agnico Eagle Mines (AEM) and Reliance (RS)
Metric	AEM	RS
Total Return (1Y)	24.35%	54.53%
Total Return (3Y, Annualized)	64.16%	18.36%
Total Return (5Y, Annualized)	32.08%	22.28%

Risk Profile

Drawdown History

AEM

GSPC

Agnico Eagle Mines (AEM) vs. Reliance (RS), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Agnico Eagle Mines (AEM) and Reliance (RS). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Agnico Eagle Mines (AEM) and Reliance (RS)
Metric	AEM	RS
Volatility (1Y, Annualized)	49.17%	25.64%
Beta (5Y)	0.62	0.97
Max Drawdown (5Y)	-45.80%	-22.32%
Avg. Volume (3M)	2.33M	311.43K

Risk-Adjusted Performance

Risk-Return Positioning

AEM and RS are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Agnico Eagle Mines (AEM) and Reliance (RS)
Metric	AEM	RS
Sharpe Ratio (1Y)	0.41	1.96
Sortino Ratio (1Y)	0.59	2.92

Profitability

ROE (TTM)

Agnico Eagle Mines (AEM) at 23.24% sits in the top ROE quartile, while Reliance (RS) at 14.75% is closer to the peer norm — stronger capital efficiency for AEM.

AEM

Materials industry group

23.24%

Max: 52.88%
AEM: 23.24%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

RS

Materials industry group

14.75%

Max: 52.88%
Q3: 19.49%
RS: 14.75%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

Agnico Eagle Mines (AEM) vs. Reliance (RS): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Agnico Eagle Mines (AEM) at 41.01% converts revenue to bottom-line profit above its industry’s benchmark range, while Reliance (RS) at 6.38% keeps roughly the typical share for its industry.

AEM

Materials industry group

41.01%

AEM: 41.01%
Max: 38.66%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

RS

Materials industry group

6.38%

Max: 38.66%
Q3: 15.98%
RS: 6.38%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

Agnico Eagle Mines (AEM) vs. Reliance (RS): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Agnico Eagle Mines (AEM) at 55.49% operates in the top operating margin quartile, ahead of Reliance (RS) at 10.63%, which runs around its industry’s norm.

AEM

Materials industry group

55.49%

Max: 66.70%
AEM: 55.49%
Q3: 28.92%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

RS

Materials industry group

10.63%

Max: 66.70%
Q3: 28.92%
Median: 12.56%
RS: 10.63%
Q1: 3.28%
Min: -14.07%

Agnico Eagle Mines (AEM) vs. Reliance (RS): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for Agnico Eagle Mines (AEM) and Reliance (RS)
Metric	AEM	RS
ROE (TTM)	23.24%	14.75%
ROA (TTM)	15.80%	8.83%
Net Margin (TTM)	41.01%	6.38%
Operating Margin (TTM)	55.49%	10.63%
Gross Margin (TTM)	74.52%	28.17%

Growth

Revenue Growth

Agnico Eagle Mines (AEM) at 43.71% sits in the top revenue growth quartile, while Reliance (RS) at 3.32% is closer to the peer norm — faster top-line expansion for AEM.

Agnico Eagle Mines (AEM) vs. Reliance (RS): A comparison of their Revenue Growth across different time periods.

EPS Growth

Agnico Eagle Mines (AEM) at 134.39% sits in the top EPS growth quartile, while Reliance (RS) at -10.15% is closer to the peer norm — faster per-share earnings growth for AEM.

Agnico Eagle Mines (AEM) vs. Reliance (RS): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Agnico Eagle Mines (AEM) and Reliance (RS)
Metric	AEM	RS
Revenue Growth (YoY)	43.71%	3.32%
Revenue Growth (3Y CAGR)	27.53%	-5.66%
EPS Growth (YoY)	134.39%	-10.15%
EPS Growth (3Y CAGR)	79.58%	-22.40%

Financial Strength

Current Ratio (MRQ)

Agnico Eagle Mines (AEM) at 2.75 keeps current ratio within its industry’s typical mid-range, while Reliance (RS) at 4.12 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

AEM

Materials industry group

2.75

Max: 5.96
Q3: 3.30
AEM: 2.75
Median: 2.24
Q1: 1.45
Min: 0.16

RS

Materials industry group

4.12

Max: 5.96
RS: 4.12
Q3: 3.30
Median: 2.24
Q1: 1.45
Min: 0.16

Agnico Eagle Mines (AEM) vs. Reliance (RS): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Agnico Eagle Mines (AEM) at 0.01 keeps leverage in the lower industry quartile, while Reliance (RS) at 0.25 runs a more typical debt-to-equity mix.

AEM

Materials industry group

0.01

Max: 1.98
Q3: 0.89
Median: 0.47
Q1: 0.13
AEM: 0.01
Min: 0.00

RS

Materials industry group

0.25

Max: 1.98
Q3: 0.89
Median: 0.47
RS: 0.25
Q1: 0.13
Min: 0.00

Agnico Eagle Mines (AEM) vs. Reliance (RS): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Agnico Eagle Mines (AEM) and Reliance (RS)
Metric	AEM	RS
Current Ratio (MRQ)	2.75	4.12
Debt / Equity (MRQ)	0.01	0.25
Net Debt / EBITDA	-0.31	0.93

Dividends

Dividend Yield (TTM)

Both Agnico Eagle Mines (AEM) at 0.93% and Reliance (RS) at 1.20% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

AEM

Materials industry group

0.93%

Max: 4.52%
Q3: 1.85%
AEM: 0.93%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

RS

Materials industry group

1.20%

Max: 4.52%
Q3: 1.85%
RS: 1.20%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

Agnico Eagle Mines (AEM) vs. Reliance (RS): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Both Agnico Eagle Mines (AEM) at 14.26% and Reliance (RS) at 23.08% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

AEM

Materials industry group

14.26%

Max: 83.62%
Q3: 41.37%
AEM: 14.26%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

RS

Materials industry group

23.08%

Max: 83.62%
Q3: 41.37%
RS: 23.08%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

Agnico Eagle Mines (AEM) vs. Reliance (RS): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Agnico Eagle Mines (AEM) and Reliance (RS)
Metric	AEM	RS
Dividend Yield (TTM)	0.93%	1.20%
Dividend Payout Ratio (TTM)	14.26%	23.08%

Valuation

P/E Ratio (TTM)

Both Agnico Eagle Mines (AEM) at 15.61 and Reliance (RS) at 19.44 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

AEM

Materials industry group

15.61

Max: 59.00
Q3: 32.93
Median: 18.82
AEM: 15.61
Q1: 11.96
Min: 3.93

RS

Materials industry group

19.44

Max: 59.00
Q3: 32.93
RS: 19.44
Median: 18.82
Q1: 11.96
Min: 3.93

Agnico Eagle Mines (AEM) vs. Reliance (RS): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

Reliance (RS) at 1.22 is priced about in line with its industry on P/S ratio, while Agnico Eagle Mines (AEM) at 6.44 sits in the pricier quartile — AEM costs more per dollar of sales.

AEM

Materials industry group

6.44

Max: 9.62
AEM: 6.44
Q3: 4.34
Median: 1.87
Q1: 0.73
Min: 0.00

RS

Materials industry group

1.22

Max: 9.62
Q3: 4.34
Median: 1.87
RS: 1.22
Q1: 0.73
Min: 0.00

Agnico Eagle Mines (AEM) vs. Reliance (RS): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Agnico Eagle Mines (AEM) at 3.27 and Reliance (RS) at 2.75 are valued close to their industries’ norm against book — neither stands out from peers.

AEM

Materials industry group

3.27

Max: 6.59
Q3: 3.55
AEM: 3.27
Median: 2.08
Q1: 1.26
Min: -0.17

RS

Materials industry group

2.75

Max: 6.59
Q3: 3.55
RS: 2.75
Median: 2.08
Q1: 1.26
Min: -0.17

Agnico Eagle Mines (AEM) vs. Reliance (RS): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for Agnico Eagle Mines (AEM) and Reliance (RS)
Metric	AEM	RS
P/E Ratio (TTM)	15.61	19.44
P/S Ratio (TTM)	6.44	1.22
P/B Ratio (MRQ)	3.27	2.75
Free Cash Flow Yield (TTM)	3.87%	1.19%