NYSE:AEMAgnico 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. Since then, AEM stock has increased by 68.8% and is now trading at $76.51.
View which stocks have been most impacted by COVID-19.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Agnico Eagle Mines in the last year. There are currently 2 hold ratings, 9 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 Wednesday, October 28th 2020.
View our earnings forecast for Agnico Eagle Mines.

Agnico Eagle Mines Ltd (NYSE:AEM) released its quarterly earnings results on Wednesday, July, 29th. The mining company reported $0.18 earnings per share for the quarter, beating analysts' consensus estimates of $0.17 by $0.01. The mining company had revenue of $557.18 million for the quarter, compared to analysts' expectations of $545.82 million. Agnico Eagle Mines had a return on equity of 5.46% and a net margin of 18.46%. The company's quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.12 EPS.
View Agnico Eagle Mines' earnings history.

Agnico Eagle Mines declared a quarterly dividend on Thursday, February 13th. Shareholders 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 1.05%. The ex-dividend date of this dividend is Thursday, February 27th. This is a positive change from Agnico Eagle Mines's previous quarterly dividend of $0.18.
View Agnico Eagle Mines' dividend history.

12 brokerages have issued 12-month price targets for Agnico Eagle Mines' stock. Their forecasts range from $50.00 to $102.00. On average, they anticipate Agnico Eagle Mines' stock price to reach $76.27 in the next year. This suggests that the stock has a possible downside of 0.3%.
View analysts' price targets for Agnico Eagle Mines.

Headlines about AEM stock have been trending neutral recently, according to InfoTrie. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Agnico Eagle Mines earned a coverage optimism score of 0.2 on InfoTrie's scale. They also assigned news articles about the mining company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future.
View the latest news about Agnico Eagle Mines.

Agnico Eagle Mines saw a decline in short interest in February. As of February 15th, there was short interest totaling 3,270,000 shares, a decline of 12.8% from the January 31st total of 3,750,000 shares. Based on an average daily trading volume, of 1,540,000 shares, the days-to-cover ratio is currently 2.1 days. Currently, 1.4% of the company's shares are short sold.
View Agnico Eagle Mines' Short Interest.

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

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

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

Agnico Eagle Mines' stock is owned by a number of retail and institutional investors. Top institutional investors include First Eagle Investment Management LLC (3.41%), CIBC Asset Management Inc (1.51%), Swiss National Bank (0.84%), Sumitomo Mitsui Trust Holdings Inc. (0.50%), Addenda Capital Inc. (0.32%) and St. James Investment Company LLC (0.24%).

AEM stock was sold by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, CIBC Asset Management Inc, Sumitomo Mitsui Trust Holdings Inc., St. James Investment Company LLC, Jennison Associates LLC, Hexavest Inc., Victory Capital Management Inc., and Assenagon Asset Management S.A..

AEM stock was purchased by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Sloane Robinson LLP, General American Investors Co. Inc., K.J. Harrison & Partners Inc, Frontier Capital Management Co. LLC, Euro Pacific Asset Management LLC, Symons Capital Management Inc., and Swiss National Bank.

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 $76.51.

Agnico Eagle Mines has a market capitalization of $18.54 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.

The official website for Agnico Eagle Mines is 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]