Agnico Eagle Mines Limited (TSE:AEM - Free Report) NYSE: AEM - Equities research analysts at National Bank Financial increased their FY2025 earnings estimates for Agnico Eagle Mines in a research report issued to clients and investors on Tuesday, July 15th. National Bank Financial analyst S. Nagle now anticipates that the company will earn $10.30 per share for the year, up from their previous forecast of $9.09. National Bank Financial has a "Strong-Buy" rating on the stock. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $5.50 per share. National Bank Financial also issued estimates for Agnico Eagle Mines' FY2026 earnings at $11.12 EPS.
A number of other brokerages have also commented on AEM. Cfra Research upgraded Agnico Eagle Mines to a "strong-buy" rating in a research note on Friday, April 25th. UBS Group lowered Agnico Eagle Mines from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 31st. Stifel Nicolaus increased their price objective on Agnico Eagle Mines from C$185.00 to C$195.00 in a research note on Monday, April 28th. Raymond James Financial upgraded Agnico Eagle Mines to a "moderate buy" rating in a research note on Monday, June 30th. Finally, BMO Capital Markets upgraded Agnico Eagle Mines to a "strong-buy" rating in a research note on Tuesday, April 15th. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and four have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Agnico Eagle Mines currently has an average rating of "Buy" and an average target price of C$152.00.
Check Out Our Latest Stock Report on AEM
Agnico Eagle Mines Stock Up 0.5%
Shares of AEM traded up C$0.78 during trading hours on Friday, reaching C$163.80. The company's stock had a trading volume of 123,831 shares, compared to its average volume of 1,032,854. Agnico Eagle Mines has a 1-year low of C$99.05 and a 1-year high of C$175.33. The firm has a market cap of C$57.92 billion, a price-to-earnings ratio of 57.55, a P/E/G ratio of 22.97 and a beta of 1.10. The company has a 50 day moving average of C$161.98 and a two-hundred day moving average of C$149.65. The company has a quick ratio of 0.89, a current ratio of 1.75 and a debt-to-equity ratio of 7.88.
Insider Buying and Selling at Agnico Eagle Mines
In related news, Senior Officer Guy Gosselin sold 3,527 shares of Agnico Eagle Mines stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of C$157.50, for a total value of C$555,502.50. Also, Senior Officer Ammar Al-Joundi sold 20,000 shares of Agnico Eagle Mines stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of C$169.00, for a total value of C$3,379,960.00. Insiders have sold a total of 45,632 shares of company stock worth $7,657,810 over the last three months. Company insiders own 0.08% of the company's stock.
Agnico Eagle Mines Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 16th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.98%. The ex-dividend date of this dividend was Friday, May 30th. Agnico Eagle Mines's dividend payout ratio (DPR) is presently 76.24%.
About Agnico Eagle Mines
(
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Agnico Eagle Mines is a gold miner operating mines in Canada, Mexico, and Finland. It also owns 50% of the Canadian Malartic mine. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines on line in rapid succession in the following years. The company produced more than 1.7 million gold ounces in 2020.
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