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

$73.37
+0.33 (+0.45%)
(As of 07/26/2024 ET)
Today's Range
$73.33
$74.26
50-Day Range
$63.79
$76.49
52-Week Range
$43.22
$77.04
Volume
1.68 million shs
Average Volume
2.83 million shs
Market Capitalization
$36.70 billion
P/E Ratio
77.23
Dividend Yield
2.18%
Price Target
$75.22

Agnico Eagle Mines MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
2.5% Upside
$75.22 Price Target
Short Interest
Healthy
1.56% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-6.29
Upright™ Environmental Score
News Sentiment
0.72mentions of Agnico Eagle Mines in the last 14 days
Based on 23 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.94%
From $3.42 to $3.76 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.44 out of 5 stars

Basic Materials Sector

35th out of 175 stocks

Gold & Silver Ores Industry

5th out of 40 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. It explores for gold. 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

625,000% Gain
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Agnico Eagle Mines (AEM) Set to Announce Earnings on Wednesday
AEM Jun 2025 55.000 put
5 Reasons Agnico Eagle Mines Remains A Buy
625,000% Gain
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AEM Jul 2026 65.000 put
A Slow Recovery for Newmont
See More Headlines
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Company Calendar

Last Earnings
4/25/2024
Ex-Dividend for 6/14 Dividend
5/31/2024
Dividend Payable
6/14/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Gold & silver ores
Sub-Industry
N/A
CIK
2809
Employees
15,875
Year Founded
1957

Price Target and Rating

Average Stock Price Target
$75.22
High Stock Price Target
$101.00
Low Stock Price Target
$61.00
Potential Upside/Downside
+2.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
$1.94 billion
Pretax Margin
12.99%

Debt

Sales & Book Value

Annual Sales
$6.63 billion
Cash Flow
$5.12 per share
Book Value
$39.02 per share

Miscellaneous

Free Float
497,724,000
Market Cap
$36.70 billion
Optionable
Optionable
Beta
1.06

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Key Executives

  • Mr. James R. Porter B.A.Sc.
    CPA, CA, CPA, (Illinois), Executive VP of Finance & Chief Financial Officer
  • Mr. Jean Robitaille (Age 61)
    Executive VP and Chief Strategy & Technology Officer
    Comp: $1.02M
  • Ms. Natasha Nella Dominica Vaz MBA (Age 44)
    P. Eng., Executive VP and COO of Ontario, Australia & Mexico
    Comp: $1.06M
  • Mr. Ammar Al-Joundi M.B.A. (Age 60)
    CEO, President & Director
    Comp: $3.93M
  • Mr. Christopher Vollmershausen L.L.B.
    Executive VP of Legal, General Counsel & Corporate Secretary
  • Mr. Jason Allaire
    Vice President of Health, Safety, Social Affairs & People
  • Mr. Dominique Girard B.Sc.
    ENG., P.Eng., Executive VP and COO of Nunavut, Quebec & Europe
  • Ms. Carol-Ann Plummer-Theriault B.Sc.
    Eng., P.Eng., Executive Vice President of Operational Excellence
  • Mr. Guy Gosselin Eng.
    Ing, M.Sc., P.Eng., P.Geo., Executive Vice President of Exploration
  • Mr. Mohammed Ali
    Vice President of Sustainability & Regulatory Affairs

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

Pros

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

  • Agnico Eagle Mines has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • The company has a low debt-to-equity ratio of 0.09, which signifies a healthy balance sheet and lower financial risk.
  • With a 1 year high of $71.50, the stock price has shown strong upward momentum, potentially offering capital gains for investors.
  • Positive analyst ratings and price target upgrades suggest a favorable outlook for the company's stock performance.
  • Institutional investors, including major hedge funds, have been increasing their holdings in Agnico Eagle Mines, indicating confidence in the company's future prospects.

Cons

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

  • The company's price-to-earnings ratio of 69.87 is relatively high, which may indicate an overvalued stock compared to industry peers.
  • The quick ratio of 0.88 suggests a lower ability to cover short-term obligations with liquid assets, posing liquidity risks.
  • Despite positive earnings results, the P/E/G ratio of 0.72 may indicate that the stock is not undervalued considering its growth prospects.
  • Market volatility and fluctuations in gold prices can impact the company's profitability and stock performance.
  • Investors should consider the beta of 1.11, indicating the stock's sensitivity to market movements and potential risks associated with market fluctuations.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these Agnico Eagle Mines pros and cons to contact@marketbeat.com.

AEM Stock Analysis - Frequently Asked Questions

How have AEM shares performed this year?

Agnico Eagle Mines' stock was trading at $54.85 at the start of the year. Since then, AEM shares have increased by 33.8% and is now trading at $73.37.
View the best growth stocks for 2024 here
.

How were Agnico Eagle Mines' earnings last quarter?

Agnico Eagle Mines Limited (NYSE:AEM) announced its quarterly earnings data on Thursday, April, 25th. The mining company reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.16. The business's revenue for the quarter was up 21.2% on a year-over-year basis.

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.

Does Agnico Eagle Mines have any subsidiaries?

Agnico Eagle Mines subsidiaries include Agnico Eagle Finland Oy, Agnico Eagle Mines Limited, Agnico Eagle (usa) 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..

Who are Agnico Eagle Mines' major shareholders?

Top institutional shareholders of Agnico Eagle Mines include Ninety One UK Ltd (0.37%), St. James Investment Company LLC (0.16%), Bank of New York Mellon Corp (0.10%) and Galibier Capital Management Ltd. (0.09%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Agnico Eagle Mines own?

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

This page (NYSE:AEM) was last updated on 7/27/2024 by MarketBeat.com Staff

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