NYSE:AEMAgnico Eagle Mines Stock Price, Forecast & News

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 41.2% and is now trading at $64.00. View which stocks have been most impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Agnico Eagle Mines in the last year. There are currently 3 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 Wednesday, July 22nd 2020. View our earnings forecast for Agnico Eagle Mines.

Agnico Eagle Mines Ltd (NYSE:AEM) posted its quarterly earnings results on Thursday, April, 30th. The mining company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.05. The mining company earned $671.90 million during the quarter, compared to analyst estimates of $650.33 million. Agnico Eagle Mines had a net margin of 15.74% and a return on equity of 5.18%. The company's revenue for the quarter was up 26.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.14 earnings per share. 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 yield of 1.25%. The ex-dividend date of this dividend is Thursday, February 27th. This is a boost from Agnico Eagle Mines's previous quarterly dividend of $0.18. View Agnico Eagle Mines' dividend history.

12 Wall Street analysts have issued 1-year target prices for Agnico Eagle Mines' stock. Their forecasts range from $50.00 to $102.00. On average, they expect Agnico Eagle Mines' share price to reach $73.17 in the next twelve months. This suggests a possible upside of 14.3% from the stock's current price. View analysts' price targets for Agnico Eagle Mines.

News stories about AEM stock have trended somewhat negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Agnico Eagle Mines earned a news sentiment score of -1.4 on InfoTrie's scale. They also gave media coverage about the mining company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the company's share price in the near term. View the latest news aboutAgnico Eagle Mines.

Agnico Eagle Mines saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,750,000 shares, an increase of 43.2% from the April 30th total of 1,920,000 shares. Based on an average trading volume of 2,660,000 shares, the short-interest ratio is currently 1.0 days. Approximately 1.2% of the company's shares are short sold. View Agnico Eagle Mines' Current Options Chain.

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), Pan American Silver (PAAS), Sibanye Gold (SBGL), Yamana Gold (AUY), Alamos Gold (AGI), First Majestic Silver (AG) and Harmony Gold Mining (HMY). View all competitors.

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), Alibaba Group (BABA), NVIDIA (NVDA), Wheaton Precious Metals (WPM), Micron Technology (MU), Franco Nevada (FNV), Goldcorp (GG) and Tourmaline Oil (TOU).

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

Agnico Eagle Mines' stock is owned by many different institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (5.12%), Massachusetts Financial Services Co. MA (3.62%), First Eagle Investment Management LLC (3.42%), CIBC Asset Management Inc (1.68%), Invesco Ltd. (1.02%) and The Manufacturers Life Insurance Company (0.99%).

AEM stock was sold by a variety of institutional investors in the last quarter, including Connor Clark & Lunn Investment Management Ltd., Van ECK Associates Corp, APG Asset Management N.V., Toronto Dominion Bank, Morgan Stanley, Morgan Stanley, Alberta Investment Management Corp, and Guardian Capital LP.

AEM stock was purchased by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Rockefeller Capital Management L.P., Massachusetts Financial Services Co. MA, Flossbach Von Storch AG, APG Asset Management N.V., APG Asset Management N.V., Federated Hermes Inc., and Hexavest Inc..

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 $64.00.

Agnico Eagle Mines has a market capitalization of $15.45 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.

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]