$21.65
Up 1.07% · live quote Sep 3, 2026
Market cap
$22.25B
Market cap $22.25B
Adjust assumptions
Adjust the usable peer mix to see how each valuation multiple moves the blended fair value.
Peer-implied fair value
$17.10
Blended value per share under the current mix.
Current price
$21.65
Sep 03, 2026
Peer gap
-21.0%
Peers imply 21.0% downside
Weighting mixer
Value contribution
5 peers →EV / EBITDA
$5.22B
Price / Sales
$6.92B
Price / Earnings
$5.44B
EV / EBITDA
$15.35B
Price / Sales
$20.97B
Price / Earnings
$16.49B
Equal-weight baseline
Discount 0.1%The simple average of every usable peer method, before your weighting adjustments.
Baseline equity value
$17.60B
Baseline / share
$17.13
Relative valuation prices this company against what the market already pays for its peers. For a cash-flow view that does not inherit peer sentiment, open the intrinsic model.
Spreadsheet data
Audit the saved peer set and the method inputs behind the blended fair value.
The saved peer set across price, scale, operating metrics, and raw valuation multiples.
| Peer | Price | Market cap | Enterprise value | Revenue |
|---|
| EBITDA |
|---|
| Net income |
|---|
| P/E |
|---|
| P/S |
|---|
| EV/EBITDA |
|---|
NEM NEWMONT Corp /DE/ FY ended Feb 12, 2026 | $130.43 | $137.43B | $120.64B | $22.67B | $11.93B | $7.09B | 20.41x | 6.06x | 9.92x |
GOLD BARRICK GOLD CORP FY ended Dec 31, 2025 | $41.48 | $69.49B | $65.09B | $16.96B | $5.05B | $3.27B | 14.16x | 4.10x | 12.87x |
AEM AGNICO EAGLE MINES LTD FY ended Dec 31, 2025 | $207.13 | $103.57B | $103.16B | $11.91B | -$348.53M | -$406.53M | 23.30x | 8.70x | — |
HL HECLA MINING CO/DE/ FY ended Feb 12, 2026 | $21.21 | $14.25B | $12.99B | $1.42B | $453.55M | $321.71M | 43.29x | 10.01x | 25.96x |
RGLD ROYAL GOLD INC FY ended Feb 11, 2026 | $264.85 | $22.44B | $19.44B | $1.03B | $588.49M | $466.28M | 39.59x | 21.78x | 32.98x |
NEM
NEWMONT Corp /DE/
$130.43
$137.43B
$120.64B
$22.67B
$11.93B
20.41x
6.06x
9.92x
Cap $137.43BEV $120.64BRev $22.67BEBITDA $11.93BP/E 20.41xP/S 6.06xEV/EBITDA 9.92x
GOLD
BARRICK GOLD CORP
$41.48
$69.49B
$65.09B
$16.96B
$5.05B
14.16x
4.10x
12.87x
Cap $69.49BEV $65.09BRev $16.96BEBITDA $5.05BP/E 14.16xP/S 4.10xEV/EBITDA 12.87x
AEM
AGNICO EAGLE MINES LTD
$207.13
$103.57B
$103.16B
$11.91B
-$348.53M
23.30x
8.70x
—
Cap $103.57BEV $103.16BRev $11.91BEBITDA -$348.53MP/E 23.30xP/S 8.70xEV/EBITDA —
HL
HECLA MINING CO/DE/
$21.21
$14.25B
$12.99B
$1.42B
$453.55M
43.29x
10.01x
25.96x
Cap $14.25BEV $12.99BRev $1.42BEBITDA $453.55MP/E 43.29xP/S 10.01xEV/EBITDA 25.96x
RGLD
ROYAL GOLD INC
$264.85
$22.44B
$19.44B
$1.03B
$588.49M
39.59x
21.78x
32.98x
Cap $22.44BEV $19.44BRev $1.03BEBITDA $588.49MP/E 39.59xP/S 21.78xEV/EBITDA 32.98x
Which peer averages feed the weighted fair value, and which methods are excluded.
| Method | Type | Avg. multiple | Coverage | Implied equity value | Fair value / share | Status |
|---|---|---|---|---|---|---|
EV / EBITDA EVActive | Enterprise Multiple | 20.59x | 4/5 | $15.35B | $14.94 | Included in the active peer mix. |
Price / Sales PSActive | Equity Multiple | 10.13x | 5/5 | $20.97B | $20.40 | Included in the active peer mix. |
Price / Earnings PEActive | Equity Multiple | 28.15x | 5/5 | $16.49B | $16.04 | Included in the active peer mix. |
EV / EBITDA
EV · Enterprise Multiple
Avg. multiple
20.59x
Coverage
4/5
Implied equity value
$15.35B
Fair value / share
$14.94
Included in the active peer mix.
Price / Sales
PS · Equity Multiple
Avg. multiple
10.13x
Coverage
5/5
Implied equity value
$20.97B
Fair value / share
$20.40
Included in the active peer mix.
Price / Earnings
PE · Equity Multiple
Avg. multiple
28.15x
Coverage
5/5
Implied equity value
$16.49B
Fair value / share
$16.04
Included in the active peer mix.
