3 Gold Stocks With Net Margins Over 26%

Government bonds around the world have been under pressure, with the 10 year US Treasury yield above 5% for the first time since 2007. Higher funding costs can put weaker businesses on the edge, while financially solid gold producers with low extraction costs can sometimes feel like rare safe harbours. This article picks out three financially disciplined gold miners from our high quality producer list.

The three stocks highlighted next are only a small sample. The full Elite Gold Stocks screen surfaces 33 more producers that share similarly compelling balance sheets and cost profiles but are not covered in this article.

If you want to identify which of these miners best fits your risk appetite and time horizon, go straight to the Elite Gold Stocks screener to filter and analyze the full set of high conviction ideas.

Newmont (NEM)

Overview: Newmont is a global mining group that primarily produces gold from large-scale operations, with additional output from copper, silver and other metals.

Operations: Revenue is concentrated in large gold assets such as NGM at about US$4.4b, Peñasquito at US$3.7b and Boddington at US$2.5b.

Market Cap: US$127.1b

For an investor focused on Elite Gold Stocks, Newmont matters because it brings large, established gold mines and a long operating history to the table. Together, these factors can help support scale, cost efficiency and balance sheet strength when conditions tighten.

“Persistent global inflation and monetary debasement are likely to reinforce investor and central bank demand for gold, which will support higher sustained gold prices and directly increase Newmont’s future revenues and earnings.”

What happens to Newmont’s margins if a single key pressure on its cost base moves against that smooth inflation story?

That pressure point is exactly where the story gets interesting, so read the full narrative for Newmont to see how Newmont’s cost profile could decouple from simple inflation assumptions.

Agnico Eagle Mines (AEM)

Overview: Agnico Eagle Mines is a Toronto based precious metals producer that primarily mines gold across large, low cost sites in Canada, Finland, Mexico and Australia.

Operations: Agnico Eagle Mines generates most of its revenue from Canadian gold hubs, led by Detour Lake at about US$3.2b and Canadian Malartic at about US$2.5b, with meaningful contributions from Nunavut’s Meadowbank complex at about US$2.0b and Meliadine at about US$1.6b.

Market Cap: US$98.5b

Agnico Eagle Mines fits the Elite Gold Stocks theme because it pairs a sizeable gold production base with relatively low operating costs and a balance sheet supported by significant free cash flow.

“Continuation of strong free cash flow generation, highlighted by about $1.3b in Q2 2026 and supported by company wide cash costs and all in sustaining costs that sit hundreds of dollars per ounce below the industry average, can support future revenue resilience, net margins and earnings capacity.”

The real tension for Agnico Eagle Mines is whether one unresolved pressure on future output quietly reshapes how durable those margins really are.

That unresolved pressure is exactly what matters, so read the full narrative for Agnico Eagle Mines to see whether Agnico Eagle Mines’ cash flow strength is quietly masking future margin risk or upside.

Coeur Mining (CDE)

Overview: Coeur Mining is a Chicago based producer that runs gold focused mines like Rochester, Kensington, Wharf and Las Chispas, with silver and base metals as additional outputs.

Operations: Coeur generates about US$611 million from Palmarejo, US$603 million from Rochester and US$641 million from Las Chispas, mainly across Mexico and the United States.

Market Cap: US$19.8b

Coeur Mining gives this Elite Gold Stocks screen exposure to an operator whose key gold mines feed directly into theme linked production and cash flow, while a broader silver and base metals mix adds extra leverage to mine performance.

“The successful ramp-up and integration of the Rochester expansion and Las Chispas asset are driving significant increases in silver and gold production, positioning Coeur for robust revenue and earnings growth in the near to medium term.”

The real test for Coeur Mining is how one evolving pressure on funding and dilution shapes the pay-off from those stronger operations.

That funding question is exactly where things can accelerate, so read the full narrative for Coeur Mining to see how Coeur Mining balances dilution risk with upside potential.

Seeking Fresh Alternatives Beyond Gold?

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This article by Simply Wall St is general in nature. We provide commentary based on historical data
and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your
financial situation. We aim to bring you long-term focused analysis driven by fundamental data.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.

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