NYSE:AEM - Agnico Eagle Mines Stock Price, Forecast & News

Agnico Eagle Mines' stock was trading at $45.32 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, AEM stock has decreased by 14.4% and is now trading at $38.79. View which stocks have been mosted impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Agnico Eagle Mines in the last year. There are currently 4 hold ratings, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Agnico Eagle Mines.

Agnico Eagle Mines is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Agnico Eagle Mines.

Agnico Eagle Mines Ltd (NYSE:AEM) posted its quarterly earnings data on Thursday, February, 13th. The mining company reported $0.37 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.35 by $0.02. The mining company earned $753.10 million during the quarter, compared to analysts' expectations of $757.48 million. Agnico Eagle Mines had a return on equity of 4.81% and a net margin of 18.97%. The firm's revenue for the quarter was up 40.0% on a year-over-year basis. During the same period last year, the business posted $0.14 EPS. View Agnico Eagle Mines' earnings history.

Agnico Eagle Mines declared a quarterly dividend on Thursday, February 13th. Stockholders of record on Friday, February 28th will be given a dividend of $0.20 per share on Monday, March 16th. This represents a $0.80 annualized dividend and a dividend yield of 2.06%. The ex-dividend date of this dividend is Thursday, February 27th. This is an increase from Agnico Eagle Mines's previous quarterly dividend of $0.18. View Agnico Eagle Mines' dividend history.

13 analysts have issued 1-year price objectives for Agnico Eagle Mines' stock. Their forecasts range from $50.00 to $102.00. On average, they anticipate Agnico Eagle Mines' share price to reach $74.32 in the next year. This suggests a possible upside of 91.6% from the stock's current price. View analysts' price targets for Agnico Eagle Mines.

Media headlines about AEM stock have trended somewhat positive recently, according to InfoTrie. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Agnico Eagle Mines earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave news coverage about the mining company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutAgnico Eagle Mines.

Agnico Eagle Mines saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 3,700,000 shares, an increase of 13.1% from the February 13th total of 3,270,000 shares. Based on an average daily volume of 1,740,000 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.6% of the company's stock are short sold. View Agnico Eagle Mines' Current Options Chain.

Some companies that are related to Agnico Eagle Mines include Newmont Goldcorp (NEM), Barrick Gold (GOLD), Franco Nevada (FNV), Wheaton Precious Metals (WPM), AngloGold Ashanti (AU), Kirkland Lake Gold (KL), Kinross Gold (KGC), Gold Fields (GFI), Pan American Silver (PAAS), Sibanye Gold (SBGL), Yamana Gold (AUY), Alamos Gold (AGI), First Majestic Silver (AG), Harmony Gold Mining (HMY) and Osisko gold royalties (OR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Agnico Eagle Mines investors own include Royal Gold (RGLD), Barrick Gold (GOLD), Newmont Goldcorp (NEM), Wheaton Precious Metals (WPM), NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Goldcorp (GG), Tourmaline Oil (TOU) and Pan American Silver (PAAS).

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

Agnico Eagle Mines' stock is owned by a variety of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (5.38%), First Eagle Investment Management LLC (3.33%), Massachusetts Financial Services Co. MA (3.11%), Capital World Investors (2.09%), FMR LLC (1.89%) and FIL Ltd (1.82%).

AEM stock was sold by a variety of institutional investors in the last quarter, including Findlay Park Partners LLP, FIL Ltd, Goldman Sachs Group Inc., Amundi Pioneer Asset Management Inc., Addenda Capital Inc., Connor Clark & Lunn Investment Management Ltd., Guardian Capital LP, and Renaissance Technologies LLC.

AEM stock was bought by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Norges Bank, FMR LLC, National Pension Service, Alberta Investment Management Corp, Bank of America Corp DE, Janus Henderson Group PLC, and St. James Investment Company LLC.

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

One share of AEM stock can currently be purchased for approximately $38.79.

Agnico Eagle Mines has a market capitalization of $9.34 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 5,990 workers across the globe. View additional information about Agnico Eagle Mines.

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

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]agnicoeagle.com.