Analyzing Gold Equities’ Valuation Upside and Downside Catalysts

Anuradha Garg
Analyzing Gold Equities’ Valuation Upside and Downside Catalysts

Agnico Eagle Mines has the highest forward enterprise value-to-EBITDA multiple among the senior and intermediate mining companies under review. It's trading at a multiple of 11.8x, implying a premium of 51% to its close peers and 14.6% to its trailing-five-year multiple.