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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
How does the Consumer Price Index affect the stock market?
3 reasons to buy AMD before 2024
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
3 biotech powerhouses poised to thrive amid sector rebound
Generative AI boosts UiPath; analysts see triple-digit EPS growth
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
3 must-own China stocks for the Year of the Dragon
Broadcom falls into a buy-the-dip opportunity 
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
How does the Consumer Price Index affect the stock market?
3 reasons to buy AMD before 2024
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
3 biotech powerhouses poised to thrive amid sector rebound
Generative AI boosts UiPath; analysts see triple-digit EPS growth
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
3 must-own China stocks for the Year of the Dragon
Broadcom falls into a buy-the-dip opportunity 
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
How does the Consumer Price Index affect the stock market?
3 reasons to buy AMD before 2024
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
3 biotech powerhouses poised to thrive amid sector rebound
Generative AI boosts UiPath; analysts see triple-digit EPS growth
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
3 must-own China stocks for the Year of the Dragon
Broadcom falls into a buy-the-dip opportunity 

Agnico Eagle Mines Stock Price, News & Analysis (NYSE:AEM)

$51.24
-1.27 (-2.42%)
(As of 12/8/2023 ET)
Compare
Today's Range
$50.97
$52.29
50-Day Range
$43.39
$54.40
52-Week Range
$43.22
$61.15
Volume
3.09 million shs
Average Volume
2.68 million shs
Market Capitalization
$25.44 billion
P/E Ratio
9.61
Dividend Yield
3.12%
Price Target
$70.17

Agnico Eagle Mines MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
36.9% Upside
$70.17 Price Target
Short Interest
Healthy
1.57% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-6.29
Upright™ Environmental Score
News Sentiment
1.30mentions of Agnico Eagle Mines in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.68%
From $2.13 to $2.40 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.53 out of 5 stars

Basic Materials Sector

41st out of 169 stocks

Gold & Silver Ores Industry

8th out of 32 stocks


AEM stock logo

About Agnico Eagle Mines Stock (NYSE:AEM)

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States. Agnico Eagle Mines Limited was incorporated in 1953 and is headquartered in Toronto, Canada.

AEM Stock Price History

AEM Stock News Headlines

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Agnico Eagle Mines (NYSE:AEM) PT Lowered to $66.00
Agnico Eagle goes ex-dividend tomorrow
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Agnico Eagle: Is It Time To Invest For The Long Term?
13 Best Canadian Stocks to Buy and Hold
Agnico Eagle: Too Cheap To Ignore
See More Headlines
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Company Calendar

Ex-Dividend for 9/15 Dividend
8/31/2023
Dividend Payable
9/15/2023
Last Earnings
10/26/2023
Ex-Dividend for 12/15 Dividend
11/30/2023
Today
12/08/2023
Dividend Payable
12/15/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/15/2024

Industry, Sector and Symbol

Industry
Gold & silver ores
Sub-Industry
N/A
CIK
2809
Employees
16,105
Year Founded
1957

Price Target and Rating

Average Stock Price Target
$70.17
High Stock Price Target
$84.00
Low Stock Price Target
$61.00
Potential Upside/Downside
+36.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$670.25 million
Pretax Margin
47.10%

Debt

Sales & Book Value

Annual Sales
$6.25 billion
Cash Flow
$4.32 per share
Book Value
$35.54 per share

Miscellaneous

Free Float
494,010,000
Market Cap
$25.44 billion
Optionable
Optionable
Beta
0.91

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Key Executives

  • Mr. Sean Boyd C.A. (Age 64)
    CPA, F.C.A., FCPA, Executive Chairman
    Comp: $9.99M
  • Mr. Ammar Al-Joundi M.B.A. (Age 59)
    CEO, President & Director
    Comp: $3.93M
  • Mr. Jean Robitaille (Age 60)
    Executive VP and Chief Strategy & Technology Officer
    Comp: $1.39M
  • Mr. Dominique Girard B.Sc.
    ENG., P.Eng., Executive VP and COO of Nunavut, Quebec & Europe
  • Mr. James R. Porter B.A.Sc.
    CPA, CA, CPA, (Illinois), Executive VP of Finance & Chief Financial Officer
  • Mr. Christopher Vollmershausen L.L.B.
    Executive VP of Legal, General Counsel & Corporate Secretary
  • Mr. Peter J. Netupsky C.A. (Age 42)
    C.F.A., CPA, Vice President of Corporate Development
  • Mr. Jason Allaire
    Vice President of Health, Safety, Social Affairs & People
  • Mr. Guy Gosselin Eng.
    Ing, M.Sc., P.Eng., P.Geo., Executive Vice President of Exploration
  • Ms. Natasha Nella Dominica Vaz MBA (Age 43)
    P. Eng., Executive VP and COO of Ontario, Australia & Mexico

Should I Buy Agnico Eagle Mines Stock? AEM Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Agnico Eagle Mines was last updated on Tuesday, November 28, 2023 at 1:32 PM.

Pros

Here are some ways that investors could benefit from investing in Agnico Eagle Mines Limited:

  • Agnico Eagle Mines had a net margin of 40.40%, indicating strong profitability.
  • The company had a return on equity of 5.26%, suggesting efficient use of shareholder's investments.
  • Agnico Eagle Mines's quarterly revenue was up 13.3% on a year-over-year basis, indicating growth in the business.
  • The company recently declared a quarterly dividend, with a dividend yield of 3.21%, providing potential income for investors.
  • The company operates mines in Canada, Australia, Finland, and Mexico, with exploration and development activities in various regions, offering geographic diversification.

Cons

Investors should be bearish about investing in Agnico Eagle Mines Limited for these reasons:

  • The company's dividend payout ratio is currently 30.02%, which may limit future dividend growth.
  • The gold and silver ores industry can be subject to price volatility, which may impact the company's financial performance.
  • Investing in mining companies carries inherent risks related to exploration, production, and regulatory challenges.
  • The company's stock price may be influenced by macroeconomic factors, such as changes in gold prices or global economic conditions.
  • Investors should carefully consider their risk tolerance and investment objectives before investing in Agnico Eagle Mines Limited.














AEM Stock Analysis - Frequently Asked Questions

Should I buy or sell Agnico Eagle Mines stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Agnico Eagle Mines in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AEM shares.
View AEM analyst ratings
or view top-rated stocks.

What is Agnico Eagle Mines' stock price target for 2024?

6 equities research analysts have issued 1-year price targets for Agnico Eagle Mines' stock. Their AEM share price targets range from $61.00 to $84.00. On average, they anticipate the company's stock price to reach $70.17 in the next twelve months. This suggests a possible upside of 36.9% from the stock's current price.
View analysts price targets for AEM
or view top-rated stocks among Wall Street analysts.

How have AEM shares performed in 2023?

Agnico Eagle Mines' stock was trading at $51.99 at the beginning of 2023. Since then, AEM stock has decreased by 1.4% and is now trading at $51.24.
View the best growth stocks for 2023 here
.

Are investors shorting Agnico Eagle Mines?

Agnico Eagle Mines saw a drop in short interest during the month of October. As of October 31st, there was short interest totaling 7,440,000 shares, a drop of 11.3% from the October 15th total of 8,390,000 shares. Based on an average daily trading volume, of 2,460,000 shares, the days-to-cover ratio is currently 3.0 days. Currently, 1.5% of the company's stock are sold short.
View Agnico Eagle Mines' Short Interest
.

When is Agnico Eagle Mines' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024.
View our AEM earnings forecast
.

How were Agnico Eagle Mines' earnings last quarter?

Agnico Eagle Mines Limited (NYSE:AEM) issued its quarterly earnings results on Thursday, October, 26th. The mining company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.43 by $0.01. The mining company earned $1.64 billion during the quarter, compared to analyst estimates of $1.64 billion. Agnico Eagle Mines had a net margin of 40.40% and a trailing twelve-month return on equity of 5.26%. The company's revenue for the quarter was up 13.3% on a year-over-year basis. During the same period last year, the company earned $0.52 EPS.

How often does Agnico Eagle Mines pay dividends? What is the dividend yield for Agnico Eagle Mines?

Agnico Eagle Mines declared a quarterly dividend on Wednesday, October 25th. Stockholders of record on Friday, December 1st will be paid a dividend of $0.40 per share on Friday, December 15th. This represents a $1.60 dividend on an annualized basis and a yield of 3.12%. The ex-dividend date of this dividend is Thursday, November 30th.
Read our dividend analysis for AEM
.

Is Agnico Eagle Mines a good dividend stock?

Agnico Eagle Mines (NYSE:AEM) pays an annual dividend of $1.60 per share and currently has a dividend yield of 2.99%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 30.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AEM will have a dividend payout ratio of 66.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AEM.

What ETF holds Agnico Eagle Mines' stock ?

iShares North American Natural Resources ETF holds 122,828 shares of AEM stock, representing 1.01% of its portfolio.

What is Camerano Luca Valerio's approval rating as Agnico Eagle Mines' CEO?

8 employees have rated Agnico Eagle Mines Chief Executive Officer Camerano Luca Valerio on Glassdoor.com. Camerano Luca Valerio has an approval rating of 87% among the company's employees.

What other stocks do shareholders of Agnico Eagle Mines own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Agnico Eagle Mines investors own include Barrick Gold (GOLD), Newmont (NEM), NVIDIA (NVDA), Royal Gold (RGLD), Micron Technology (MU), Wheaton Precious Metals (WPM), Cisco Systems (CSCO), Intel (INTC), Advanced Micro Devices (AMD) and Alibaba Group (BABA).

Who are Agnico Eagle Mines' major shareholders?

Agnico Eagle Mines' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (4.24%), Massachusetts Financial Services Co. MA (2.78%), Deutsche Bank AG (2.66%), Deutsche Bank AG (2.65%), Mackenzie Financial Corp (1.97%) and The Manufacturers Life Insurance Company (1.69%).

How do I buy shares of Agnico Eagle Mines?

Shares of AEM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

Does Agnico Eagle Mines have any subsidiaries?
The following companies are subsidiares of Agnico Eagle Mines: Agnico Eagle (usa) Limited, Agnico Eagle Finland Oy, Agnico Eagle Mines Limited, Agnico Sonora S.A. de C.V., Grayd Resource Corporation, Meliadine Holdings Inc, Servicios Agnico del Pacifico S.A. de C.V., and Servicios Pinos Altos S.A. de C.V..
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This page (NYSE:AEM) was last updated on 12/9/2023 by MarketBeat.com Staff

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