NYSE:AEM

Agnico Eagle Mines Stock Forecast, Price & News

$68.65

-1.35 (-1.93 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$68.32

Now: $68.65▼

$69.82

50-Day Range

$64.47

MA: $70.61▼

$76.39

52-Week Range

$31.00

Now: $68.65▼

$89.23

Volume1.22 million shs

Average Volume1.47 million shs

Market Capitalization$16.68 billion

P/E Ratio26.10

Dividend Yield2.04%

Beta0.63

Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland. The company operates through Northern Business and Southern Business segments. It primarily produces and sells gold deposit, as well as explores for silver, zinc, and copper deposits. The company's flagship property is the LaRonde mine located in the Abitibi region of northwestern Quebec, Canada. As of December 31, 2019, its LaRonde mine had a mineral reserve of approximately 2.9 million ounces of gold. The company is also involved in exploration activities in Europe, Latin America, and the United States. Agnico Eagle Mines Limited was founded in 1953 and is headquartered in Toronto, Canada.

MarketRank^™

Overall MarketRank^™

1.99 out of 5 stars

Basic Materials Sector

43rd out of 652 stocks

Gold & Silver Ores Industry

14th out of 54 stocks

3.5 Analyst's Opinion

Consensus Rating
Agnico Eagle Mines has received a consensus rating of Buy. The company's average rating score is 2.90, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $85.88, Agnico Eagle Mines has a forecasted upside of 25.1% from its current price of $68.65.
Amount of Analyst Coverage
Agnico Eagle Mines has only been the subject of 3 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Agnico Eagle Mines has received 588 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Agnico Eagle Mines has received 832 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Agnico Eagle Mines has received 58.59% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Agnico Eagle Mines and other stocks. Vote “Outperform” if you believe AEM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AEM will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Agnico Eagle Mines pays a meaningful dividend of 2.04%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Agnico Eagle Mines has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Agnico Eagle Mines is 144.33%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Agnico Eagle Mines will have a dividend payout ratio of 36.55% next year. This indicates that Agnico Eagle Mines will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Agnico Eagle Mines insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.51% of the stock of Agnico Eagle Mines is held by insiders.
Percentage Held by Institutions
61.62% of the stock of Agnico Eagle Mines is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Agnico Eagle Mines are expected to grow by 97.42% in the coming year, from $1.94 to $3.83 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Agnico Eagle Mines is 26.10, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.41.
Price to Earnings Ratio vs. Sector
The P/E ratio of Agnico Eagle Mines is 26.10, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 24.97.
Price to Earnings Growth Ratio
Agnico Eagle Mines has a PEG Ratio of 18.35. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Agnico Eagle Mines has a P/B Ratio of 3.22. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Gold & silver ores

Sub-IndustryN/A

SectorBasic Materials

Current SymbolNYSE:AEM

Previous Symbol

CUSIPN/A

CIK2809

Webwww.agnicoeagle.com

Phone416-947-1212

Employees11,101

Debt

Debt-to-Equity Ratio0.30

Current Ratio2.37

Quick Ratio1.04

Price-To-Earnings

Trailing P/E Ratio26.10

Forward P/E Ratio35.39

P/E Growth18.35

Sales & Book Value

Annual Sales$2.49 billion

Price / Sales6.69

Cash Flow$3.17 per share

Price / Cash Flow21.66

Book Value$21.33 per share

Price / Book3.22

Profitability

EPS (Most Recent Fiscal Year)$0.97

Net Income$473.17 million

Net Margins21.54%

Return on Equity7.22%

Return on Assets4.10%

Miscellaneous

Outstanding Shares243,017,000

Market Cap$16.68 billion

Next Earnings Date2/11/2021 (Confirmed)

OptionableOptionable

$68.65

-1.35 (-1.93 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Agnico Eagle Mines (NYSE:AEM) Frequently Asked Questions

How has Agnico Eagle Mines' stock been impacted by Coronavirus (COVID-19)?

Agnico Eagle Mines' stock was trading at $45.32 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AEM shares have increased by 51.5% and is now trading at $68.65.
View which stocks have been most impacted by COVID-19.

Is Agnico Eagle Mines a buy right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Agnico Eagle Mines in the last twelve months. There are currently 2 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Agnico Eagle Mines stock.
View analyst ratings for Agnico Eagle Mines or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Agnico Eagle Mines?

Wall Street analysts have given Agnico Eagle Mines a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Agnico Eagle Mines wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Agnico Eagle Mines' next earnings date?

Agnico Eagle Mines is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021.
View our earnings forecast for Agnico Eagle Mines.

How can I listen to Agnico Eagle Mines' earnings call?

Agnico Eagle Mines will be holding an earnings conference call on Thursday, February 11th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Agnico Eagle Mines' earnings last quarter?

Agnico Eagle Mines Limited (NYSE:AEM) announced its earnings results on Monday, November, 2nd. The mining company reported $0.78 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.10. The mining company earned $980.61 million during the quarter. Agnico Eagle Mines had a return on equity of 7.22% and a net margin of 21.54%. During the same period last year, the company earned $0.37 earnings per share.
View Agnico Eagle Mines' earnings history.

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

Agnico Eagle Mines announced a quarterly dividend on Wednesday, October 28th. Stockholders of record on Wednesday, November 25th will be paid a dividend of $0.35 per share on Tuesday, December 15th. This represents a $1.40 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date of this dividend is Tuesday, November 24th. This is an increase from Agnico Eagle Mines's previous quarterly dividend of $0.20.
View Agnico Eagle Mines' dividend history.

Is Agnico Eagle Mines a good dividend stock?

Agnico Eagle Mines pays an annual dividend of $1.40 per share and currently has a dividend yield of 2.04%. Agnico Eagle Mines does not yet have a strock track record of dividend growth. The dividend payout ratio of Agnico Eagle Mines is 144.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Agnico Eagle Mines will have a dividend payout ratio of 36.55% next year. This indicates that Agnico Eagle Mines will be able to sustain or increase its dividend.
View Agnico Eagle Mines' dividend history.

What price target have analysts set for AEM?

10 Wall Street analysts have issued 1-year target prices for Agnico Eagle Mines' shares. Their forecasts range from $72.00 to $105.00. On average, they expect Agnico Eagle Mines' share price to reach $85.88 in the next year. This suggests a possible upside of 25.1% from the stock's current price.
View analysts' price targets for Agnico Eagle Mines or view Wall Street analyst' top-rated stocks.

Are investors shorting Agnico Eagle Mines?

Agnico Eagle Mines saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 1,620,000 shares, an increase of 23.7% from the December 15th total of 1,310,000 shares. Based on an average daily trading volume, of 1,170,000 shares, the short-interest ratio is currently 1.4 days. Currently, 0.7% of the shares of the stock are sold short.
View Agnico Eagle Mines' Short Interest.

Who are some of Agnico Eagle Mines' key competitors?

Some companies that are related to Agnico Eagle Mines include Barrick Gold Co. (ABX.TO) (ABX), Newmont (NEM), Barrick Gold (GOLD), Franco-Nevada (FNV), Wheaton Precious Metals (WPM), Sibanye Stillwater (SBSW), Kirkland Lake Gold (KL), Sibanye Gold (SBGL), AngloGold Ashanti (AU), Kinross Gold (KGC), Gold Fields (GFI), Pan American Silver (PAAS), B2Gold (BTG), Yamana Gold (AUY) and NovaGold Resources (NG).
View all of AEM's competitors.

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' key executives?

Agnico Eagle Mines' management team includes the following people:

Mr. Sean Boyd F.C.A., FCPA, C.P.A., CPA, C.A., Vice-Chairman & CEO (Age 62, Pay $4.73M)
Mr. Ammar Al-Joundi, Pres (Age 57, Pay $1.41M)
Mr. David Smith, Sr. VP of Fin. & CFO (Age 57, Pay $988.52k)
Mr. Jean Robitaille, Sr. VP of Corp. Devel., Bus. Strategy & Technical Services (Age 58, Pay $758.61k)
Mr. Dominique Girard ENG., Sr. VP of Operations Â Canada & Europe
Mr. Brian James Christie, VP of Investor Relations
Mr. Christopher Vollmershausen L.L.B., Sr. VP of Legal, Gen. Counsel & Corp. Sec.
Ms. Louise Grondin Eng., P.Eng., M.Sc., Ing., P. Eng., Sr. VP of People & Culture (Age 67)
Mr. Marc Hubert Legault Ing, P.Eng., Eng., Sr. Vice-Pres of Operations - U.S.A & Latin America (Age 61)
Mr. Robert Gregory Laing, Sr. VP & Strategic Advisor of legal (Age 62)

What is Agnico Eagle Mines' stock symbol?

Agnico Eagle Mines trades on the New York Stock Exchange (NYSE) under the ticker symbol "AEM."

Who are Agnico Eagle Mines' major shareholders?

Agnico Eagle Mines' stock is owned by a number of institutional and retail investors. Top institutional investors include Hexavest Inc. (0.08%), Cardinal Capital Management Inc. (0.01%), Crossmark Global Holdings Inc. (0.01%), Beacon Financial Group (0.01%), Sowell Financial Services LLC (0.00%) and Salvus Wealth Management LLC (0.00%).

Which major investors are selling Agnico Eagle Mines stock?

AEM stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., Cardinal Capital Management Inc., Beacon Financial Group, and Carroll Financial Associates Inc..

Which major investors are buying Agnico Eagle Mines stock?

AEM stock was acquired by a variety of institutional investors in the last quarter, including Salvus Wealth Management LLC, Uncommon Cents Investing LLC, Sheets Smith Wealth Management, XR Securities LLC, Sowell Financial Services LLC, Crossmark Global Holdings Inc., and Fruth Investment Management.

How do I buy shares of Agnico Eagle Mines?

Shares of AEM 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.

What is Agnico Eagle Mines' stock price today?

One share of AEM stock can currently be purchased for approximately $68.65.

How big of a company is Agnico Eagle Mines?

Agnico Eagle Mines has a market capitalization of $16.68 billion and generates $2.49 billion in revenue each year. The mining company earns $473.17 million in net income (profit) each year or $0.97 on an earnings per share basis. Agnico Eagle Mines employs 11,101 workers across the globe.

What is Agnico Eagle Mines' official website?

The official website for Agnico Eagle Mines is www.agnicoeagle.com.

How can I contact Agnico Eagle Mines?

Agnico Eagle Mines' mailing address is 145 KING STREET EAST SUITE 400, TORONTO A6, M5C 2Y7. The mining company can be reached via phone at 416-947-1212 or via email at [email protected]

This page was last updated on 1/18/2021 by MarketBeat.com Staff

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