Chelsea Counsel Co. Has $10.76 Million Stock Holdings in Agnico Eagle Mines Limited $AEM

Key Points

• Chelsea Counsel Co. reduced its Agnico Eagle Mines stake by 19.7% in the first quarter, selling 13,037 shares and retaining 52,999 shares worth approximately $10.76 million. AEM represents 4.7% of the firm’s portfolio, while institutional investors collectively own 68.34% of the stock.
• Agnico Eagle reported quarterly EPS of $3.05, exceeding the $2.89 consensus estimate, while revenue increased 35% year over year to about $3.77 billion. However, production setbacks, including a reported 370,000-ounce loss and challenges at the Barnat operation, remain key execution risks.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $225.69, though several firms recently lowered their targets and ratings amid concerns about valuation, revenue slightly missing expectations, and reduced earnings forecasts.

Chelsea Counsel Co. lessened its holdings in shares of Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM by 19.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,999 shares of the mining company's stock after selling 13,037 shares during the period. Agnico Eagle Mines makes up 4.7% of Chelsea Counsel Co.'s portfolio, making the stock its 4th biggest position. Chelsea Counsel Co.'s holdings in Agnico Eagle Mines were worth $10,758,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Acumen Wealth Advisors LLC acquired a new stake in Agnico Eagle Mines during the 4th quarter worth approximately $26,000. Jessup Wealth Management Inc acquired a new position in shares of Agnico Eagle Mines in the fourth quarter valued at approximately $35,000. Banque Cantonale Vaudoise acquired a new position in shares of Agnico Eagle Mines in the fourth quarter valued at approximately $39,000. University of Texas Texas AM Investment Management Co. increased its position in shares of Agnico Eagle Mines by 64.7% during the fourth quarter. University of Texas Texas AM Investment Management Co. now owns 229 shares of the mining company's stock worth $39,000 after acquiring an additional 90 shares in the last quarter. Finally, Horizon Investments LLC increased its position in shares of Agnico Eagle Mines by 129.6% during the third quarter. Horizon Investments LLC now owns 248 shares of the mining company's stock worth $42,000 after acquiring an additional 140 shares in the last quarter. 68.34% of the stock is currently owned by institutional investors and hedge funds.

Agnico Eagle Mines Stock Performance

Shares of AEM opened at $145.22 on Monday. The stock has a market capitalization of $73.60 billion, a price-to-earnings ratio of 12.42, a PEG ratio of 1.79 and a beta of 0.61. Agnico Eagle Mines Limited has a 12 month low of $123.34 and a 12 month high of $255.24. The firm has a fifty day simple moving average of $157.36 and a 200 day simple moving average of $189.12. The company has a current ratio of 2.86, a quick ratio of 2.02 and a debt-to-equity ratio of 0.01.

Agnico Eagle Mines (NYSE:AEM - Get Free Report) TSE: AEM last issued its quarterly earnings results on Wednesday, July 29th. The mining company reported $3.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $0.16. Agnico Eagle Mines had a net margin of 40.44% and a return on equity of 22.04%. The firm had revenue of $3.77 billion for the quarter, compared to analyst estimates of $3.78 billion. During the same period in the previous year, the business earned $1.94 EPS. The company's revenue was up 35.0% compared to the same quarter last year. Research analysts forecast that Agnico Eagle Mines Limited will post 11.76 EPS for the current fiscal year.

Key Agnico Eagle Mines News

Here are the key news stories impacting Agnico Eagle Mines this week:

• Positive Sentiment: Agnico Eagle reported adjusted second-quarter earnings of $3.05 per share, above the $2.89 consensus estimate and up from $1.94 a year earlier. Higher gold prices helped drive the improvement, while quarterly revenue rose 35% year over year to approximately $3.77 billion. Agnico Eagle Reports Second Quarter 2026 Results
• Positive Sentiment: Record quarterly free cash flow of about $1.3 billion, production above budget and record shareholder returns support the company’s financial strength. Management also highlighted progress on its growth pipeline and maintained its 2026 outlook. Agnico Eagle Q2 Earnings Call Highlights
• Neutral Sentiment: Options-market implied volatility has risen, signaling that traders expect larger-than-normal price swings around the earnings and guidance news. This reflects increased uncertainty rather than a clear directional signal. Implied Volatility Surging for Agnico Eagle Mines Stock Options
• Negative Sentiment: Investors remain concerned about a reported 370,000-ounce production loss and challenges at the Barnat operation. A pit-wall slide, safety incidents and changes to production and spending guidance raise execution and cost risks, even though management retained its 2026 target. Agnico Eagle Keeps 2026 Target Despite 370,000-Ounce Loss
• Negative Sentiment: Revenue came in slightly below expectations, and Erste Group Bank reduced its 2027 EPS forecast to $12.40 from $13.72. The lowered estimate adds pressure to the stock’s forward-growth narrative despite the quarterly earnings beat. Erste Group Bank Has Pessimistic View of AEM FY2026 Earnings

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on AEM shares. Wall Street Zen lowered shares of Agnico Eagle Mines from a "buy" rating to a "hold" rating in a report on Sunday, July 12th. JPMorgan Chase & Co. reduced their target price on shares of Agnico Eagle Mines from $222.00 to $175.00 and set a "neutral" rating for the company in a research note on Tuesday, July 21st. Weiss Ratings cut Agnico Eagle Mines from a "buy (b)" rating to a "buy (b-)" rating in a report on Thursday, July 2nd. UBS Group dropped their price target on Agnico Eagle Mines from $210.00 to $170.00 and set a "neutral" rating on the stock in a research note on Tuesday, June 30th. Finally, Citigroup cut their price target on Agnico Eagle Mines from $256.00 to $200.00 and set a "buy" rating on the stock in a report on Monday, July 27th. Twelve investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Agnico Eagle Mines currently has a consensus rating of "Moderate Buy" and a consensus price target of $225.69.

Agnico Eagle Mines Profile

Agnico Eagle Mines Limited NYSE: AEM is a Canadian-based senior gold producer headquartered in Toronto, Ontario. The company is principally engaged in the exploration, development, production and reclamation of gold-bearing properties. Agnico Eagle pursues both greenfield and brownfield exploration to expand its resource base and operates a portfolio of producing mines and development projects to generate long-life gold production.

Its core business activities span the full mining lifecycle: grassroots and advanced-stage exploration, prefeasibility and feasibility studies, mine construction, underground and open-pit mining, ore processing and metal recovery, and post-mining reclamation and closure.

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