Agnico Eagle Mines Limited vs Newmont Corporation
WatchlistAEM / NEMPrices through Oct 22, 2026
Why these are rivals: #1 and #2 by market value ($124B vs $95B) in Nasdaq's "Precious Metals" industry; SEC SIC 1040 / 1040 (same major group); #1 and #2 by market value ($124B vs $95B) with SEC SIC 1040 (Gold and Silver Ores).
Rivals, but right now the price gap does not have a measured habit of closing, so there is no paper idea, whatever the gap.
- Mean reversion: ADF t-statistic of the spread: -1.55 (needs <= -2.873 (5% critical value))
Business leadership
Business size
Annual revenue reported to the SEC. Scale, not market share.
| Year | AEM | NEM | Larger |
|---|---|---|---|
| 2025 | - | $22.7B | - |
| 2024 | - | $18.7B | - |
| 2023 | - | $11.8B | - |
| 2022 | - | $11.9B | - |
| 2021 | - | $12.2B | - |
| 2020 | - | $11.5B | - |
Market value: AEM $95.2B, NEM $124.3B.
Stock leadership
NEM is ahead now
Measured against the pair's own last 252 trading days.
NEM leads AEM by 1.36 standard deviations: +11.0% over its usual price ratio. 0 lead switches in the last year.
| Price change | 3 mo | 6 mo | 12 mo |
|---|---|---|---|
| AEM | +21.4% | -11.5% | +7.9% |
| NEM | +22.4% | +2.7% | +32.2% |
Relationship
Not a measured twin today
Only these tests can make a pair tradable on paper.
- Pass
- Aligned sessions: 2521 (needs >= 254)
- Pass
- Co-movement: daily return correlation, 252 sessions: 0.89 (needs >= 0.60)
- Fail
- Mean reversion: ADF t-statistic of the spread: -1.55 (needs <= -2.873 (5% critical value))
- Pass
- Speed: half-life of the spread, sessions: 35.88 (needs <= 63)
- Data
- Both stocks current
The twins over two years
Prices side by side, and the gap between them
AEM Agnico Eagle Mines Limited NEM Newmont CorporationPrice index, 100 = 2024-10-18. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
Spread z-score: AEM relative to NEM, against the 252 sessions before each day. Above 0: AEM ahead; below 0: NEM ahead. Lines at +/-2 (idea) and +/-4 (stop).
Data table (504 sessions)
| Date | AEM index | NEM index | z | Ahead |
|---|---|---|---|---|
| 2026-10-22 | 204.42 | 198.04 | -1.36 | NEM ahead |
| 2026-10-21 | 217.43 | 203.37 | -0.91 | NEM ahead |
| 2026-10-20 | 216.14 | 202.72 | -0.95 | NEM ahead |
| 2026-10-19 | 217.72 | 204.81 | -1.00 | NEM ahead |
| 2026-10-16 | 219.95 | 205.83 | -0.94 | NEM ahead |
| 2026-10-15 | 217.66 | 200.95 | -0.77 | NEM ahead |
| 2026-10-14 | 205.42 | 193.61 | -1.05 | NEM ahead |
| 2026-10-13 | 215.40 | 200.61 | -0.90 | NEM ahead |
| 2026-10-12 | 218.38 | 203.31 | -0.90 | NEM ahead |
| 2026-10-09 | 218.38 | 204.51 | -0.98 | NEM ahead |
| 2026-10-08 | 213.38 | 200.54 | -1.04 | NEM ahead |
| 2026-10-07 | 209.34 | 197.05 | -1.06 | NEM ahead |
| 2026-10-06 | 215.89 | 202.00 | -1.00 | NEM ahead |
| 2026-10-05 | 212.75 | 201.01 | -1.13 | NEM ahead |
| 2026-10-02 | 213.17 | 200.56 | -1.08 | NEM ahead |
| 2026-10-01 | 209.57 | 199.01 | -1.21 | NEM ahead |
| 2026-09-30 | 212.68 | 200.17 | -1.10 | NEM ahead |
| 2026-09-29 | 215.66 | 203.21 | -1.13 | NEM ahead |
| 2026-09-28 | 213.71 | 201.41 | -1.14 | NEM ahead |
| 2026-09-25 | 225.69 | 210.74 | -1.03 | NEM ahead |
| 2026-09-24 | 225.00 | 210.52 | -1.06 | NEM ahead |
| 2026-09-23 | 226.96 | 214.42 | -1.19 | NEM ahead |
| 2026-09-22 | 236.22 | 220.86 | -1.07 | NEM ahead |
| 2026-09-21 | 229.17 | 213.55 | -1.04 | NEM ahead |
| 2026-09-18 | 231.51 | 214.18 | -0.95 | NEM ahead |
| 2026-09-17 | 233.69 | 215.88 | -0.94 | NEM ahead |
| 2026-09-16 | 226.96 | 211.32 | -1.05 | NEM ahead |
| 2026-09-15 | 228.50 | 215.53 | -1.22 | NEM ahead |
| 2026-09-14 | 229.26 | 213.59 | -1.07 | NEM ahead |
| 2026-09-11 | 232.52 | 220.08 | -1.28 | NEM ahead |
| 2026-09-10 | 228.25 | 218.92 | -1.45 | NEM ahead |
| 2026-09-09 | 235.08 | 223.38 | -1.35 | NEM ahead |
| 2026-09-08 | 234.23 | 220.57 | -1.24 | NEM ahead |
| 2026-09-04 | 237.59 | 222.30 | -1.17 | NEM ahead |
| 2026-09-03 | 240.37 | 226.36 | -1.26 | NEM ahead |
| 2026-09-02 | 228.22 | 217.22 | -1.41 | NEM ahead |
| 2026-09-01 | 224.51 | 212.83 | -1.37 | NEM ahead |
| 2026-08-31 | 235.71 | 218.78 | -1.12 | NEM ahead |
| 2026-08-28 | 239.35 | 222.11 | -1.12 | NEM ahead |
| 2026-08-27 | 250.02 | 229.59 | -1.00 | NEM ahead |
| 2026-08-26 | 248.39 | 228.39 | -1.03 | NEM ahead |
| 2026-08-25 | 260.08 | 234.54 | -0.79 | NEM ahead |
| 2026-08-24 | 252.86 | 228.81 | -0.84 | NEM ahead |
| 2026-08-21 | 250.74 | 228.36 | -0.93 | NEM ahead |
| 2026-08-20 | 246.07 | 221.52 | -0.79 | NEM ahead |
| 2026-08-19 | 241.06 | 217.08 | -0.80 | NEM ahead |
| 2026-08-18 | 216.94 | 201.28 | -1.18 | NEM ahead |
| 2026-08-17 | 219.08 | 208.83 | -1.52 | NEM ahead |
| 2026-08-14 | 216.39 | 204.37 | -1.42 | NEM ahead |
| 2026-08-13 | 209.31 | 198.18 | -1.46 | NEM ahead |
| 2026-08-12 | 214.90 | 204.51 | -1.54 | NEM ahead |
| 2026-08-11 | 210.92 | 203.42 | -1.72 | NEM ahead |
| 2026-08-10 | 209.45 | 203.51 | -1.83 | NEM ahead |
| 2026-08-07 | 207.52 | 196.08 | -1.50 | NEM ahead |
| 2026-08-06 | 194.87 | 182.97 | -1.43 | NEM ahead |
| 2026-08-05 | 192.00 | 181.00 | -1.49 | NEM ahead |
| 2026-08-04 | 174.78 | 169.61 | -1.87 | NEM ahead |
| 2026-08-03 | 171.08 | 165.52 | -1.85 | NEM ahead |
| 2026-07-31 | 168.59 | 162.63 | -1.84 | NEM ahead |
| 2026-07-30 | 174.94 | 166.19 | -1.66 | NEM ahead |
| 2026-07-29 | 167.61 | 158.52 | -1.62 | NEM ahead |
| 2026-07-28 | 166.77 | 158.83 | -1.72 | NEM ahead |
| 2026-07-27 | 169.39 | 162.22 | -1.81 | NEM ahead |
| 2026-07-24 | 168.42 | 161.73 | -1.86 | NEM ahead |
| 2026-07-23 | 167.70 | 164.39 | -2.14 | NEM ahead |
| 2026-07-22 | 170.65 | 166.17 | -2.08 | NEM ahead |
| 2026-07-21 | 164.35 | 160.52 | -2.14 | NEM ahead |
| 2026-07-20 | 158.22 | 154.81 | -2.19 | NEM ahead |
| 2026-07-17 | 158.95 | 155.68 | -2.23 | NEM ahead |
| 2026-07-16 | 159.32 | 157.64 | -2.39 | NEM ahead |
| 2026-07-15 | 165.06 | 165.24 | -2.58 | NEM ahead |
| 2026-07-14 | 167.59 | 164.44 | -2.35 | NEM ahead |
| 2026-07-13 | 166.54 | 161.58 | -2.23 | NEM ahead |
| 2026-07-10 | 170.44 | 165.38 | -2.26 | NEM ahead |
| 2026-07-09 | 172.95 | 164.54 | -2.02 | NEM ahead |
| 2026-07-08 | 168.14 | 161.75 | -2.19 | NEM ahead |
| 2026-07-07 | 174.46 | 164.98 | -1.98 | NEM ahead |
| 2026-07-06 | 179.81 | 170.43 | -2.04 | NEM ahead |
| 2026-07-02 | 178.55 | 168.41 | -1.99 | NEM ahead |
| 2026-07-01 | 179.70 | 161.92 | -1.37 | NEM ahead |
| 2026-06-30 | 180.03 | 162.10 | -1.37 | NEM ahead |
| 2026-06-29 | 178.44 | 164.02 | -1.67 | NEM ahead |
| 2026-06-26 | 182.46 | 166.83 | -1.61 | NEM ahead |
| 2026-06-25 | 181.25 | 165.48 | -1.60 | NEM ahead |
| 2026-06-24 | 178.09 | 163.21 | -1.67 | NEM ahead |
| 2026-06-23 | 185.87 | 169.80 | -1.64 | NEM ahead |
| 2026-06-22 | 193.63 | 176.67 | -1.63 | NEM ahead |
| 2026-06-18 | 193.41 | 180.13 | -1.93 | NEM ahead |
| 2026-06-17 | 200.75 | 183.39 | -1.68 | NEM ahead |
| 2026-06-16 | 204.04 | 188.20 | -1.82 | NEM ahead |
| 2026-06-15 | 199.37 | 183.62 | -1.81 | NEM ahead |
| 2026-06-12 | 188.74 | 173.95 | -1.83 | NEM ahead |
| 2026-06-11 | 183.08 | 169.37 | -1.88 | NEM ahead |
| 2026-06-10 | 176.95 | 161.00 | -1.67 | NEM ahead |
| 2026-06-09 | 185.60 | 171.02 | -1.84 | NEM ahead |
| 2026-06-08 | 188.13 | 171.80 | -1.73 | NEM ahead |
| 2026-06-05 | 189.93 | 173.05 | -1.70 | NEM ahead |
| 2026-06-04 | 205.12 | 188.01 | -1.79 | NEM ahead |
| 2026-06-03 | 199.20 | 186.52 | -2.09 | NEM ahead |
| 2026-06-02 | 207.66 | 190.04 | -1.79 | NEM ahead |
| 2026-06-01 | 204.91 | 187.76 | -1.82 | NEM ahead |
| 2026-05-29 | 212.54 | 190.58 | -1.54 | NEM ahead |
| 2026-05-28 | 206.53 | 187.83 | -1.74 | NEM ahead |
| 2026-05-27 | 202.98 | 186.10 | -1.86 | NEM ahead |
| 2026-05-26 | 209.55 | 193.70 | -1.98 | NEM ahead |
| 2026-05-22 | 204.14 | 186.81 | -1.86 | NEM ahead |
| 2026-05-21 | 206.28 | 188.01 | -1.83 | NEM ahead |
| 2026-05-20 | 206.74 | 186.38 | -1.70 | NEM ahead |
| 2026-05-19 | 201.23 | 182.38 | -1.79 | NEM ahead |
| 2026-05-18 | 207.97 | 190.65 | -1.95 | NEM ahead |
| 2026-05-15 | 209.27 | 189.27 | -1.79 | NEM ahead |
| 2026-05-14 | 223.58 | 201.89 | -1.79 | NEM ahead |
| 2026-05-13 | 227.42 | 206.46 | -1.88 | NEM ahead |
| 2026-05-12 | 228.68 | 207.72 | -1.90 | NEM ahead |
| 2026-05-11 | 228.43 | 209.42 | -2.04 | NEM ahead |
| 2026-05-08 | 224.22 | 202.20 | -1.84 | NEM ahead |
| 2026-05-07 | 217.91 | 196.96 | -1.89 | NEM ahead |
| 2026-05-06 | 220.27 | 199.76 | -1.95 | NEM ahead |
| 2026-05-05 | 206.73 | 189.19 | -2.09 | NEM ahead |
| 2026-05-04 | 208.81 | 188.01 | -1.89 | NEM ahead |
| 2026-05-01 | 213.02 | 188.51 | -1.67 | NEM ahead |
| 2026-04-30 | 218.42 | 192.80 | -1.65 | NEM ahead |
| 2026-04-29 | 213.02 | 186.76 | -1.57 | NEM ahead |
| 2026-04-28 | 219.60 | 190.73 | -1.46 | NEM ahead |
| 2026-04-27 | 229.93 | 201.46 | -1.59 | NEM ahead |
| 2026-04-24 | 232.37 | 209.48 | -1.98 | NEM ahead |
| 2026-04-23 | 230.89 | 192.75 | -0.97 | NEM ahead |
| 2026-04-22 | 236.82 | 194.12 | -0.74 | NEM ahead |
| 2026-04-21 | 235.69 | 189.69 | -0.51 | NEM ahead |
| 2026-04-20 | 251.12 | 199.31 | -0.34 | near the usual relationship |
| 2026-04-17 | 255.43 | 202.19 | -0.31 | near the usual relationship |
| 2026-04-16 | 249.43 | 196.82 | -0.27 | near the usual relationship |
| 2026-04-15 | 248.81 | 196.18 | -0.27 | near the usual relationship |
| 2026-04-14 | 255.24 | 207.05 | -0.64 | NEM ahead |
| 2026-04-13 | 252.27 | 202.19 | -0.49 | near the usual relationship |
| 2026-04-10 | 253.86 | 209.82 | -0.88 | NEM ahead |
| 2026-04-09 | 251.18 | 206.54 | -0.83 | NEM ahead |
| 2026-04-08 | 250.19 | 205.05 | -0.79 | NEM ahead |
| 2026-04-07 | 243.26 | 198.98 | -0.77 | NEM ahead |
| 2026-04-06 | 241.96 | 195.82 | -0.65 | NEM ahead |
| 2026-04-02 | 242.01 | 197.93 | -0.78 | NEM ahead |
| 2026-04-01 | 243.80 | 197.48 | -0.67 | NEM ahead |
| 2026-03-31 | 235.56 | 187.87 | -0.49 | near the usual relationship |
| 2026-03-30 | 222.65 | 178.97 | -0.59 | NEM ahead |
| 2026-03-27 | 224.44 | 177.20 | -0.38 | near the usual relationship |
| 2026-03-26 | 217.66 | 172.44 | -0.42 | near the usual relationship |
| 2026-03-25 | 222.90 | 176.19 | -0.40 | near the usual relationship |
| 2026-03-24 | 212.94 | 171.85 | -0.66 | NEM ahead |
| 2026-03-23 | 213.58 | 170.32 | -0.52 | NEM ahead |
| 2026-03-20 | 207.88 | 166.26 | -0.56 | NEM ahead |
| 2026-03-19 | 214.44 | 172.16 | -0.61 | NEM ahead |
| 2026-03-18 | 227.56 | 184.90 | -0.76 | NEM ahead |
| 2026-03-17 | 243.07 | 192.71 | -0.48 | near the usual relationship |
| 2026-03-16 | 243.89 | 191.24 | -0.35 | near the usual relationship |
| 2026-03-13 | 240.85 | 190.18 | -0.44 | near the usual relationship |
| 2026-03-12 | 253.27 | 198.68 | -0.37 | near the usual relationship |
| 2026-03-11 | 258.57 | 201.68 | -0.31 | near the usual relationship |
| 2026-03-10 | 263.36 | 206.35 | -0.37 | near the usual relationship |
| 2026-03-09 | 260.82 | 202.99 | -0.30 | near the usual relationship |
| 2026-03-06 | 256.47 | 201.82 | -0.43 | near the usual relationship |
| 2026-03-05 | 257.04 | 201.48 | -0.39 | near the usual relationship |
| 2026-03-04 | 270.08 | 207.17 | -0.16 | near the usual relationship |
| 2026-03-03 | 272.16 | 205.69 | +0.00 | near the usual relationship |
| 2026-03-02 | 292.67 | 223.41 | -0.11 | near the usual relationship |
| 2026-02-27 | 291.98 | 225.62 | -0.25 | near the usual relationship |
| 2026-02-26 | 285.95 | 221.23 | -0.27 | near the usual relationship |
| 2026-02-25 | 279.16 | 216.68 | -0.31 | near the usual relationship |
| 2026-02-24 | 283.32 | 215.36 | -0.09 | near the usual relationship |
| 2026-02-23 | 279.09 | 215.64 | -0.27 | near the usual relationship |
| 2026-02-20 | 264.89 | 211.96 | -0.66 | NEM ahead |
| 2026-02-19 | 260.50 | 217.63 | -1.14 | NEM ahead |
| 2026-02-18 | 256.05 | 216.40 | -1.28 | NEM ahead |
| 2026-02-17 | 247.14 | 212.27 | -1.47 | NEM ahead |
| 2026-02-13 | 251.35 | 218.33 | -1.61 | NEM ahead |
| 2026-02-12 | 238.15 | 205.00 | -1.52 | NEM ahead |
| 2026-02-11 | 252.05 | 216.24 | -1.50 | NEM ahead |
| 2026-02-10 | 245.90 | 210.92 | -1.51 | NEM ahead |
| 2026-02-09 | 243.52 | 209.53 | -1.56 | NEM ahead |
| 2026-02-06 | 228.15 | 200.14 | -1.79 | NEM ahead |
| 2026-02-05 | 219.86 | 188.35 | -1.54 | NEM ahead |
| 2026-02-04 | 230.41 | 202.79 | -1.87 | NEM ahead |
| 2026-02-03 | 229.02 | 203.30 | -1.99 | NEM ahead |
| 2026-02-02 | 221.45 | 195.85 | -1.97 | NEM ahead |
| 2026-01-30 | 221.07 | 194.98 | -1.96 | NEM ahead |
| 2026-01-29 | 250.10 | 220.29 | -1.96 | NEM ahead |
| 2026-01-28 | 258.78 | 229.00 | -2.04 | NEM ahead |
| 2026-01-27 | 250.85 | 220.41 | -1.99 | NEM ahead |
| 2026-01-26 | 249.98 | 218.54 | -1.95 | NEM ahead |
| 2026-01-23 | 248.97 | 215.74 | -1.87 | NEM ahead |
| 2026-01-22 | 247.99 | 211.19 | -1.68 | NEM ahead |
| 2026-01-21 | 238.31 | 206.37 | -1.90 | NEM ahead |
| 2026-01-20 | 242.65 | 206.42 | -1.70 | NEM ahead |
| 2026-01-16 | 229.17 | 198.06 | -1.91 | NEM ahead |
| 2026-01-15 | 232.59 | 198.21 | -1.76 | NEM ahead |
| 2026-01-14 | 228.94 | 198.11 | -1.97 | NEM ahead |
| 2026-01-13 | 231.03 | 198.94 | -1.93 | NEM ahead |
| 2026-01-12 | 225.52 | 196.04 | -2.08 | NEM ahead |
| 2026-01-09 | 221.82 | 189.15 | -1.86 | NEM ahead |
| 2026-01-08 | 216.40 | 185.51 | -1.95 | NEM ahead |
| 2026-01-07 | 211.29 | 187.45 | -2.42 | NEM ahead |
| 2026-01-06 | 209.61 | 189.52 | -2.71 | NEM ahead |
| 2026-01-05 | 203.27 | 179.68 | -2.46 | NEM ahead |
| 2026-01-02 | 197.81 | 175.67 | -2.56 | NEM ahead |
| 2025-12-31 | 196.74 | 173.29 | -2.50 | NEM ahead |
| 2025-12-30 | 199.42 | 176.78 | -2.63 | NEM ahead |
| 2025-12-29 | 198.84 | 173.22 | -2.43 | NEM ahead |
| 2025-12-26 | 212.61 | 183.58 | -2.34 | NEM ahead |
| 2025-12-24 | 212.61 | 181.76 | -2.23 | NEM ahead |
| 2025-12-23 | 210.36 | 182.66 | -2.49 | NEM ahead |
| 2025-12-22 | 209.04 | 182.02 | -2.57 | NEM ahead |
| 2025-12-19 | 202.17 | 175.79 | -2.60 | NEM ahead |
| 2025-12-18 | 195.67 | 172.41 | -2.85 | NEM ahead |
| 2025-12-17 | 194.39 | 172.60 | -3.03 | NEM ahead |
| 2025-12-16 | 193.26 | 170.13 | -2.96 | NEM ahead |
| 2025-12-15 | 195.43 | 173.01 | -3.12 | NEM ahead |
| 2025-12-12 | 195.28 | 170.32 | -2.94 | NEM ahead |
| 2025-12-11 | 197.75 | 172.54 | -3.01 | NEM ahead |
| 2025-12-10 | 190.45 | 163.83 | -2.83 | NEM ahead |
| 2025-12-09 | 192.97 | 163.29 | -2.61 | NEM ahead |
| 2025-12-08 | 191.16 | 154.46 | -1.85 | NEM ahead |
| 2025-12-05 | 195.93 | 155.78 | -1.59 | NEM ahead |
| 2025-12-04 | 198.94 | 157.45 | -1.52 | NEM ahead |
| 2025-12-03 | 196.33 | 155.59 | -1.56 | NEM ahead |
| 2025-12-02 | 197.02 | 157.03 | -1.67 | NEM ahead |
| 2025-12-01 | 199.62 | 159.37 | -1.71 | NEM ahead |
| 2025-11-28 | 202.43 | 157.46 | -1.26 | NEM ahead |
| 2025-11-26 | 200.79 | 157.10 | -1.36 | NEM ahead |
| 2025-11-25 | 192.49 | 149.72 | -1.26 | NEM ahead |
| 2025-11-24 | 192.87 | 150.17 | -1.28 | NEM ahead |
| 2025-11-21 | 185.68 | 144.90 | -1.32 | NEM ahead |
| 2025-11-20 | 184.05 | 142.31 | -1.16 | NEM ahead |
| 2025-11-19 | 194.58 | 151.87 | -1.31 | NEM ahead |
| 2025-11-18 | 193.21 | 150.30 | -1.25 | NEM ahead |
| 2025-11-17 | 191.41 | 151.15 | -1.51 | NEM ahead |
| 2025-11-14 | 195.09 | 152.38 | -1.31 | NEM ahead |
| 2025-11-13 | 195.97 | 155.71 | -1.60 | NEM ahead |
| 2025-11-12 | 200.88 | 161.52 | -1.80 | NEM ahead |
| 2025-11-11 | 194.78 | 156.11 | -1.75 | NEM ahead |
| 2025-11-10 | 194.87 | 153.18 | -1.42 | NEM ahead |
| 2025-11-07 | 187.32 | 144.72 | -1.11 | NEM ahead |
| 2025-11-06 | 184.86 | 143.23 | -1.16 | NEM ahead |
| 2025-11-05 | 185.31 | 141.67 | -0.93 | NEM ahead |
| 2025-11-04 | 180.93 | 136.93 | -0.75 | NEM ahead |
| 2025-11-03 | 188.59 | 141.65 | -0.62 | NEM ahead |
| 2025-10-31 | 186.62 | 140.52 | -0.65 | NEM ahead |
| 2025-10-30 | 188.71 | 142.85 | -0.72 | NEM ahead |
| 2025-10-29 | 181.94 | 138.27 | -0.78 | NEM ahead |
| 2025-10-28 | 181.95 | 137.70 | -0.69 | NEM ahead |
| 2025-10-27 | 180.07 | 136.46 | -0.67 | NEM ahead |
| 2025-10-24 | 189.57 | 144.69 | -0.73 | NEM ahead |
| 2025-10-23 | 191.10 | 154.30 | -1.50 | NEM ahead |
| 2025-10-22 | 189.74 | 151.01 | -1.23 | NEM ahead |
| 2025-10-21 | 189.39 | 149.81 | -1.09 | NEM ahead |
| 2025-10-20 | 207.15 | 164.68 | -1.10 | NEM ahead |
| 2025-10-17 | 202.50 | 157.53 | -0.79 | NEM ahead |
| 2025-10-16 | 215.30 | 170.55 | -0.96 | NEM ahead |
| 2025-10-15 | 207.43 | 162.41 | -0.79 | NEM ahead |
| 2025-10-14 | 198.67 | 157.13 | -0.87 | NEM ahead |
| 2025-10-13 | 199.72 | 155.15 | -0.64 | NEM ahead |
| 2025-10-10 | 190.76 | 147.76 | -0.58 | NEM ahead |
| 2025-10-09 | 187.69 | 147.88 | -0.74 | NEM ahead |
| 2025-10-08 | 196.79 | 153.42 | -0.60 | NEM ahead |
| 2025-10-07 | 192.98 | 150.90 | -0.61 | NEM ahead |
| 2025-10-06 | 197.76 | 153.61 | -0.53 | NEM ahead |
| 2025-10-03 | 196.61 | 150.75 | -0.38 | near the usual relationship |
| 2025-10-02 | 195.13 | 150.00 | -0.39 | near the usual relationship |
| 2025-10-01 | 197.50 | 149.17 | -0.21 | near the usual relationship |
| 2025-09-30 | 195.61 | 146.32 | -0.10 | near the usual relationship |
| 2025-09-29 | 193.54 | 146.72 | -0.22 | near the usual relationship |
| 2025-09-26 | 189.65 | 147.95 | -0.47 | near the usual relationship |
| 2025-09-25 | 185.56 | 145.21 | -0.48 | near the usual relationship |
| 2025-09-24 | 183.28 | 144.86 | -0.55 | NEM ahead |
| 2025-09-23 | 188.45 | 146.95 | -0.42 | near the usual relationship |
| 2025-09-22 | 187.06 | 145.30 | -0.37 | near the usual relationship |
| 2025-09-19 | 187.06 | 141.83 | -0.15 | near the usual relationship |
| 2025-09-18 | 179.16 | 135.93 | -0.15 | near the usual relationship |
| 2025-09-17 | 177.79 | 136.57 | -0.25 | near the usual relationship |
| 2025-09-16 | 176.86 | 137.14 | -0.32 | near the usual relationship |
| 2025-09-15 | 178.44 | 137.73 | -0.27 | near the usual relationship |
| 2025-09-12 | 177.85 | 137.54 | -0.27 | near the usual relationship |
| 2025-09-11 | 178.40 | 138.23 | -0.28 | near the usual relationship |
| 2025-09-10 | 177.35 | 136.12 | -0.19 | near the usual relationship |
| 2025-09-09 | 177.27 | 131.76 | +0.08 | near the usual relationship |
| 2025-09-08 | 178.93 | 131.46 | +0.18 | near the usual relationship |
| 2025-09-05 | 176.22 | 132.19 | +0.02 | near the usual relationship |
| 2025-09-04 | 172.21 | 129.95 | -0.02 | near the usual relationship |
| 2025-09-03 | 172.65 | 130.89 | -0.05 | near the usual relationship |
| 2025-09-02 | 171.45 | 131.66 | -0.14 | near the usual relationship |
| 2025-08-29 | 167.31 | 129.12 | -0.17 | near the usual relationship |
| 2025-08-28 | 161.44 | 126.64 | -0.29 | near the usual relationship |
| 2025-08-27 | 161.89 | 125.63 | -0.20 | near the usual relationship |
| 2025-08-26 | 162.09 | 125.70 | -0.19 | near the usual relationship |
| 2025-08-25 | 158.55 | 123.39 | -0.21 | near the usual relationship |
| 2025-08-22 | 159.29 | 122.82 | -0.13 | near the usual relationship |
| 2025-08-21 | 158.22 | 121.64 | -0.10 | near the usual relationship |
| 2025-08-20 | 156.31 | 119.75 | -0.07 | near the usual relationship |
| 2025-08-19 | 151.13 | 116.94 | -0.14 | near the usual relationship |
| 2025-08-18 | 154.94 | 119.75 | -0.12 | near the usual relationship |
| 2025-08-15 | 154.75 | 120.32 | -0.16 | near the usual relationship |
| 2025-08-14 | 154.03 | 118.85 | -0.10 | near the usual relationship |
| 2025-08-13 | 155.15 | 118.99 | -0.05 | near the usual relationship |
| 2025-08-12 | 157.11 | 119.63 | +0.01 | near the usual relationship |
| 2025-08-11 | 157.20 | 119.52 | +0.03 | near the usual relationship |
| 2025-08-08 | 157.37 | 119.72 | +0.03 | near the usual relationship |
| 2025-08-07 | 157.57 | 119.87 | +0.04 | near the usual relationship |
| 2025-08-06 | 157.15 | 117.88 | +0.14 | near the usual relationship |
| 2025-08-05 | 156.14 | 116.70 | +0.18 | near the usual relationship |
| 2025-08-04 | 152.48 | 113.54 | +0.21 | near the usual relationship |
| 2025-08-01 | 145.32 | 108.63 | +0.19 | near the usual relationship |
| 2025-07-31 | 144.32 | 107.78 | +0.20 | near the usual relationship |
| 2025-07-30 | 143.17 | 108.14 | +0.13 | near the usual relationship |
| 2025-07-29 | 146.57 | 111.06 | +0.11 | near the usual relationship |
| 2025-07-28 | 143.60 | 110.48 | +0.01 | near the usual relationship |
| 2025-07-25 | 147.21 | 114.11 | -0.03 | near the usual relationship |
| 2025-07-24 | 145.98 | 106.75 | +0.36 | near the usual relationship |
| 2025-07-23 | 147.62 | 106.59 | +0.46 | near the usual relationship |
| 2025-07-22 | 149.26 | 107.08 | +0.50 | AEM ahead |
| 2025-07-21 | 142.36 | 103.89 | +0.40 | near the usual relationship |
| 2025-07-18 | 136.63 | 100.99 | +0.32 | near the usual relationship |
| 2025-07-17 | 137.65 | 100.64 | +0.39 | near the usual relationship |
| 2025-07-16 | 138.92 | 101.44 | +0.41 | near the usual relationship |
| 2025-07-15 | 138.17 | 99.53 | +0.50 | AEM ahead |
| 2025-07-14 | 138.75 | 105.55 | +0.15 | near the usual relationship |
| 2025-07-11 | 139.12 | 104.36 | +0.25 | near the usual relationship |
| 2025-07-10 | 137.11 | 103.75 | +0.20 | near the usual relationship |
| 2025-07-09 | 136.58 | 101.96 | +0.29 | near the usual relationship |
| 2025-07-08 | 134.78 | 99.98 | +0.34 | near the usual relationship |
| 2025-07-07 | 141.75 | 104.41 | +0.39 | near the usual relationship |
| 2025-07-03 | 139.33 | 103.96 | +0.31 | near the usual relationship |
| 2025-07-02 | 137.75 | 104.23 | +0.22 | near the usual relationship |
| 2025-07-01 | 136.89 | 102.10 | +0.32 | near the usual relationship |
| 2025-06-30 | 138.02 | 101.11 | +0.44 | near the usual relationship |
| 2025-06-27 | 134.76 | 98.51 | +0.46 | near the usual relationship |
| 2025-06-26 | 142.80 | 102.72 | +0.57 | AEM ahead |
| 2025-06-25 | 139.00 | 100.76 | +0.53 | AEM ahead |
| 2025-06-24 | 139.83 | 100.82 | +0.57 | AEM ahead |
| 2025-06-23 | 142.00 | 103.19 | +0.52 | AEM ahead |
| 2025-06-20 | 140.44 | 101.06 | +0.59 | AEM ahead |
| 2025-06-18 | 142.33 | 101.11 | +0.68 | AEM ahead |
| 2025-06-17 | 143.80 | 101.56 | +0.72 | AEM ahead |
| 2025-06-16 | 143.91 | 100.87 | +0.77 | AEM ahead |
| 2025-06-13 | 144.44 | 100.49 | +0.83 | AEM ahead |
| 2025-06-12 | 141.69 | 97.05 | +0.93 | AEM ahead |
| 2025-06-11 | 137.99 | 92.52 | +1.07 | AEM ahead |
| 2025-06-10 | 135.84 | 91.22 | +1.07 | AEM ahead |
| 2025-06-09 | 137.52 | 92.47 | +1.07 | AEM ahead |
| 2025-06-06 | 136.90 | 90.87 | +1.16 | AEM ahead |
| 2025-06-05 | 141.65 | 94.60 | +1.13 | AEM ahead |
| 2025-06-04 | 143.45 | 95.94 | +1.13 | AEM ahead |
| 2025-06-03 | 142.17 | 96.04 | +1.08 | AEM ahead |
| 2025-06-02 | 144.23 | 96.46 | +1.15 | AEM ahead |
| 2025-05-30 | 136.93 | 91.50 | +1.17 | AEM ahead |
| 2025-05-29 | 137.14 | 91.15 | +1.21 | AEM ahead |
| 2025-05-28 | 136.79 | 91.72 | +1.16 | AEM ahead |
| 2025-05-27 | 134.97 | 91.48 | +1.11 | AEM ahead |
| 2025-05-23 | 136.50 | 93.11 | +1.07 | AEM ahead |
| 2025-05-22 | 132.98 | 91.37 | +1.04 | AEM ahead |
| 2025-05-21 | 134.19 | 91.36 | +1.10 | AEM ahead |
| 2025-05-20 | 130.64 | 90.77 | +0.98 | AEM ahead |
| 2025-05-19 | 125.59 | 88.39 | +0.91 | AEM ahead |
| 2025-05-16 | 123.53 | 86.95 | +0.91 | AEM ahead |
| 2025-05-15 | 123.60 | 86.50 | +0.96 | AEM ahead |
| 2025-05-14 | 121.60 | 84.45 | +1.01 | AEM ahead |
| 2025-05-13 | 124.17 | 86.90 | +0.97 | AEM ahead |
| 2025-05-12 | 123.55 | 88.13 | +0.86 | AEM ahead |
| 2025-05-09 | 136.15 | 93.68 | +1.10 | AEM ahead |
| 2025-05-08 | 133.06 | 91.69 | +1.10 | AEM ahead |
| 2025-05-07 | 136.13 | 93.70 | +1.11 | AEM ahead |
| 2025-05-06 | 138.25 | 94.78 | +1.15 | AEM ahead |
| 2025-05-05 | 132.64 | 92.05 | +1.08 | AEM ahead |
| 2025-05-02 | 128.95 | 89.43 | +1.09 | AEM ahead |
| 2025-05-01 | 130.63 | 89.36 | +1.19 | AEM ahead |
| 2025-04-30 | 136.45 | 91.43 | +1.33 | AEM ahead |
| 2025-04-29 | 135.05 | 91.91 | +1.24 | AEM ahead |
| 2025-04-28 | 138.12 | 93.84 | +1.26 | AEM ahead |
| 2025-04-25 | 137.53 | 93.61 | +1.26 | AEM ahead |
| 2025-04-24 | 138.83 | 96.67 | +1.12 | AEM ahead |
| 2025-04-23 | 137.22 | 92.24 | +1.36 | AEM ahead |
| 2025-04-22 | 140.54 | 94.65 | +1.36 | AEM ahead |
| 2025-04-21 | 143.29 | 95.82 | +1.42 | AEM ahead |
| 2025-04-17 | 141.04 | 95.59 | +1.34 | AEM ahead |
| 2025-04-16 | 142.21 | 97.10 | +1.31 | AEM ahead |
| 2025-04-15 | 139.92 | 94.72 | +1.38 | AEM ahead |
| 2025-04-14 | 137.39 | 95.09 | +1.24 | AEM ahead |
| 2025-04-11 | 136.53 | 95.40 | +1.19 | AEM ahead |
| 2025-04-10 | 129.45 | 88.41 | +1.35 | AEM ahead |
| 2025-04-09 | 122.78 | 84.61 | +1.30 | AEM ahead |
| 2025-04-08 | 116.20 | 78.03 | +1.49 | AEM ahead |
| 2025-04-07 | 115.62 | 77.85 | +1.48 | AEM ahead |
| 2025-04-04 | 115.45 | 76.67 | +1.59 | AEM ahead |
| 2025-04-03 | 125.90 | 83.88 | +1.58 | AEM ahead |
| 2025-04-02 | 124.79 | 84.57 | +1.48 | AEM ahead |
| 2025-04-01 | 125.61 | 83.81 | +1.60 | AEM ahead |
| 2025-03-31 | 125.81 | 83.79 | +1.63 | AEM ahead |
| 2025-03-28 | 124.59 | 83.44 | +1.61 | AEM ahead |
| 2025-03-27 | 125.14 | 83.98 | +1.61 | AEM ahead |
| 2025-03-26 | 121.56 | 82.25 | +1.57 | AEM ahead |
| 2025-03-25 | 122.37 | 82.52 | +1.61 | AEM ahead |
| 2025-03-24 | 120.90 | 81.26 | +1.65 | AEM ahead |
| 2025-03-21 | 121.09 | 82.19 | +1.59 | AEM ahead |
| 2025-03-20 | 122.33 | 82.89 | +1.62 | AEM ahead |
| 2025-03-19 | 122.41 | 83.29 | +1.61 | AEM ahead |
| 2025-03-18 | 122.80 | 82.97 | +1.67 | AEM ahead |
| 2025-03-17 | 122.18 | 82.47 | +1.70 | AEM ahead |
| 2025-03-14 | 120.23 | 80.25 | +1.80 | AEM ahead |
| 2025-03-13 | 119.16 | 79.23 | +1.85 | AEM ahead |
| 2025-03-12 | 117.27 | 75.72 | +2.08 | AEM ahead |
| 2025-03-11 | 116.71 | 75.36 | +2.11 | AEM ahead |
| 2025-03-10 | 112.60 | 73.53 | +2.05 | AEM ahead |
| 2025-03-07 | 114.65 | 76.14 | +1.95 | AEM ahead |
| 2025-03-06 | 113.59 | 76.22 | +1.90 | AEM ahead |
| 2025-03-05 | 115.53 | 76.10 | +2.06 | AEM ahead |
| 2025-03-04 | 111.26 | 73.78 | +2.04 | AEM ahead |
| 2025-03-03 | 111.33 | 73.52 | +2.10 | AEM ahead |
| 2025-02-28 | 111.73 | 74.35 | +2.06 | AEM ahead |
| 2025-02-27 | 110.35 | 73.10 | +2.13 | AEM ahead |
| 2025-02-26 | 114.15 | 75.63 | +2.15 | AEM ahead |
| 2025-02-25 | 112.39 | 74.51 | +2.18 | AEM ahead |
| 2025-02-24 | 113.14 | 76.43 | +2.05 | AEM ahead |
| 2025-02-21 | 111.52 | 78.67 | +1.73 | AEM ahead |
| 2025-02-20 | 113.78 | 83.46 | +1.43 | AEM ahead |
| 2025-02-19 | 113.79 | 82.28 | +1.56 | AEM ahead |
| 2025-02-18 | 112.94 | 82.45 | +1.49 | AEM ahead |
| 2025-02-14 | 111.23 | 80.77 | +1.55 | AEM ahead |
| 2025-02-13 | 116.99 | 82.87 | +1.76 | AEM ahead |
| 2025-02-12 | 115.53 | 81.24 | +1.84 | AEM ahead |
| 2025-02-11 | 114.16 | 78.95 | +1.99 | AEM ahead |
| 2025-02-10 | 116.64 | 80.63 | +2.02 | AEM ahead |
| 2025-02-07 | 114.13 | 77.82 | +2.15 | AEM ahead |
| 2025-02-06 | 114.84 | 77.89 | +2.22 | AEM ahead |
| 2025-02-05 | 114.42 | 78.03 | +2.20 | AEM ahead |
| 2025-02-04 | 110.93 | 75.23 | +2.28 | AEM ahead |
| 2025-02-03 | 110.08 | 74.84 | +2.29 | AEM ahead |
| 2025-01-31 | 107.86 | 74.14 | +2.23 | AEM ahead |
| 2025-01-30 | 109.62 | 74.78 | +2.32 | AEM ahead |
| 2025-01-29 | 104.57 | 72.18 | +2.25 | AEM ahead |
| 2025-01-28 | 104.41 | 71.76 | +2.32 | AEM ahead |
| 2025-01-27 | 103.83 | 72.15 | +2.26 | AEM ahead |
| 2025-01-24 | 104.38 | 72.96 | +2.23 | AEM ahead |
| 2025-01-23 | 102.94 | 72.80 | +2.16 | AEM ahead |
| 2025-01-22 | 103.55 | 72.34 | +2.29 | AEM ahead |
| 2025-01-21 | 102.82 | 73.50 | +2.12 | AEM ahead |
| 2025-01-17 | 98.68 | 72.32 | +1.92 | AEM ahead |
| 2025-01-16 | 97.69 | 72.28 | +1.85 | AEM ahead |
| 2025-01-15 | 97.88 | 71.80 | +1.95 | AEM ahead |
| 2025-01-14 | 97.41 | 69.70 | +2.19 | AEM ahead |
| 2025-01-13 | 95.58 | 67.98 | +2.28 | AEM ahead |
| 2025-01-10 | 97.83 | 67.86 | +2.53 | AEM ahead |
| 2025-01-08 | 96.74 | 67.91 | +2.45 | AEM ahead |
| 2025-01-07 | 94.17 | 66.23 | +2.46 | AEM ahead |
| 2025-01-06 | 92.45 | 65.58 | +2.41 | AEM ahead |
| 2025-01-03 | 94.09 | 66.14 | +2.52 | AEM ahead |
| 2025-01-02 | 95.15 | 66.59 | +2.60 | AEM ahead |
| 2024-12-31 | 90.76 | 64.60 | +2.47 | AEM ahead |
| 2024-12-30 | 90.34 | 64.21 | +2.52 | AEM ahead |
| 2024-12-27 | 91.27 | 65.67 | +2.43 | AEM ahead |
| 2024-12-26 | 91.69 | 66.11 | +2.44 | AEM ahead |
| 2024-12-24 | 91.37 | 66.49 | +2.38 | AEM ahead |
| 2024-12-23 | 91.49 | 66.23 | +2.46 | AEM ahead |
| 2024-12-20 | 90.70 | 66.44 | +2.38 | AEM ahead |
| 2024-12-19 | 89.78 | 64.25 | +2.64 | AEM ahead |
| 2024-12-18 | 90.24 | 65.32 | +2.56 | AEM ahead |
| 2024-12-17 | 94.85 | 69.07 | +2.53 | AEM ahead |
| 2024-12-16 | 95.90 | 69.56 | +2.61 | AEM ahead |
| 2024-12-13 | 97.16 | 69.80 | +2.75 | AEM ahead |
| 2024-12-12 | 98.89 | 72.13 | +2.63 | AEM ahead |
| 2024-12-11 | 101.37 | 73.38 | +2.75 | AEM ahead |
| 2024-12-10 | 97.84 | 72.01 | +2.62 | AEM ahead |
| 2024-12-09 | 98.10 | 72.42 | +2.62 | AEM ahead |
| 2024-12-06 | 97.01 | 71.35 | +2.70 | AEM ahead |
| 2024-12-05 | 98.65 | 71.28 | +2.94 | AEM ahead |
| 2024-12-04 | 99.23 | 71.87 | +2.96 | AEM ahead |
| 2024-12-03 | 99.79 | 72.15 | +3.04 | AEM ahead |
| 2024-12-02 | 96.17 | 71.00 | +2.86 | AEM ahead |
| 2024-11-29 | 97.97 | 72.79 | +2.84 | AEM ahead |
| 2024-11-27 | 96.96 | 72.96 | +2.74 | AEM ahead |
| 2024-11-26 | 97.61 | 73.33 | +2.80 | AEM ahead |
| 2024-11-25 | 94.84 | 73.69 | +2.46 | AEM ahead |
| 2024-11-22 | 97.83 | 75.29 | +2.60 | AEM ahead |
| 2024-11-21 | 96.98 | 75.18 | +2.55 | AEM ahead |
| 2024-11-20 | 96.09 | 74.61 | +2.57 | AEM ahead |
| 2024-11-19 | 95.68 | 74.94 | +2.51 | AEM ahead |
| 2024-11-18 | 92.83 | 73.52 | +2.41 | AEM ahead |
| 2024-11-15 | 89.08 | 71.03 | +2.36 | AEM ahead |
| 2024-11-14 | 90.10 | 70.60 | +2.60 | AEM ahead |
| 2024-11-13 | 88.19 | 71.56 | +2.22 | AEM ahead |
| 2024-11-12 | 89.53 | 72.16 | +2.33 | AEM ahead |
| 2024-11-11 | 90.67 | 73.46 | +2.30 | AEM ahead |
| 2024-11-08 | 97.30 | 78.17 | +2.43 | AEM ahead |
| 2024-11-07 | 99.26 | 78.38 | +2.68 | AEM ahead |
| 2024-11-06 | 96.52 | 77.20 | +2.55 | AEM ahead |
| 2024-11-05 | 99.56 | 79.83 | +2.55 | AEM ahead |
| 2024-11-04 | 99.68 | 79.42 | +2.65 | AEM ahead |
| 2024-11-01 | 99.57 | 78.55 | +2.81 | AEM ahead |
| 2024-10-31 | 100.14 | 78.86 | +2.87 | AEM ahead |
| 2024-10-30 | 102.40 | 81.46 | +2.77 | AEM ahead |
| 2024-10-29 | 103.11 | 82.96 | +2.66 | AEM ahead |
| 2024-10-28 | 100.68 | 83.93 | +2.24 | AEM ahead |
| 2024-10-25 | 100.82 | 84.03 | +2.26 | AEM ahead |
| 2024-10-24 | 102.04 | 85.47 | +2.22 | AEM ahead |
| 2024-10-23 | 102.83 | 100.21 | +0.32 | near the usual relationship |
| 2024-10-22 | 102.11 | 101.84 | +0.04 | near the usual relationship |
| 2024-10-21 | 100.53 | 99.91 | +0.09 | near the usual relationship |
| 2024-10-18 | 100.00 | 100.00 | +0.02 | near the usual relationship |
One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Oct 24, 2024 (AEM -0.8%, NEM -14.7%); Apr 24, 2026 (AEM +0.6%, NEM +8.7%). Upcoming earnings: AEM Oct 28, 2026 (after-hours).
Paired trades
The shared paper book and the replay, kept apart
Forward paper record
No paper position on this pair yet.
Historical simulation (a diagnostic, same rules)
No simulated trade through Oct 20, 2026: the pair rarely passed every test while 2 standard deviations apart.
Per $10,000 a leg. A replay on today's companies cannot prove an edge.
The companies
AEM and NEM at a glance
AEM Agnico Eagle Mines Limited
- Listing
- NYSE · SEC CIK 2809
- Industry
- Precious Metals · SIC 1040 Gold and Silver Ores
- Market value
- $95.2B
- Price history
- 2,521 daily closes, Oct 12, 2016 to Oct 22, 2026
NEM Newmont Corporation
- Listing
- NYSE · SEC CIK 1164727
- Industry
- Precious Metals · SIC 1040 Gold and Silver Ores
- Market value
- $124.3B
- Price history
- 2,521 daily closes, Oct 12, 2016 to Oct 22, 2026
Daily prices: Nasdaq.com. Filings and industry codes: SEC EDGAR. Earnings dates: Nasdaq earnings calendar.
Related
All pairs →Other rivals of AEM and NEM
Follow the research behind the paper book
Boostio is a research-first platform in private beta: crypto candidates, daily market stories, public paper trading and now rival stocks. Exploring these pages stays free and open.
Explore the private betaPaper only: hypothetical paired positions with modelled costs. No broker, no orders, no real money. A historical simulation is a diagnostic, not proof of an edge. Not investment advice.
