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

Company Overview

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.

Key Stats

• Today's Range: C$109.01 to C$112.50
• 50-Day Range: C$95.38 to C$112.44
• 52-Week Range: C$59.36 to C$114.76
• Volume: 286,666 shs
• Average Volume: 1.25 million shs
• Market Capitalization: C$55.31 billion
• P/E Ratio: 70.76
• Dividend Yield: 1.97%
• Price Target: C$105.14
• Consensus Rating: Buy

Agnico Eagle Mines Stock Analysis - MarketRank™

Agnico Eagle Mines scored higher than 31% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.6 / 5
• Analyst Rating: Buy

Consensus Rating

Agnico Eagle Mines has received a consensus rating of Buy. The company's average rating score is 3.20, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Agnico Eagle Mines has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Agnico Eagle Mines is 71.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.64.

Price to Earnings Ratio vs. Sector

The P/E ratio of Agnico Eagle Mines is 71.06, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 126.50.

Price to Earnings Growth Ratio

Agnico Eagle Mines has a PEG Ratio of 22.97. 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 2.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for AEM.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Agnico Eagle Mines pays a meaningful dividend of 2.08%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Agnico Eagle Mines does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Agnico Eagle Mines is 139.10%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for AEM.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.10

News Sentiment

Agnico Eagle Mines has a news sentiment score of 0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.38 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Agnico Eagle Mines this week, compared to 3 articles on an average week.

Search Interest

39 people have searched for AEM on MarketBeat in the last 30 days. This is an increase of 44% compared to the previous 30 days.

MarketBeat Follows

Only 5 people have added Agnico Eagle Mines to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Agnico Eagle Mines insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$10,906,117.00 in company stock.

Percentage Held by Insiders

Only 0.08% of the stock of Agnico Eagle Mines is held by insiders.

Percentage Held by Institutions

71.05% 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.

AEM Stock Analysis - Frequently Asked Questions

How have AEM shares performed this year?

Agnico Eagle Mines' stock was trading at C$72.65 at the start of the year. Since then, AEM stock has increased by 52.6% and is now trading at C$110.85.
View the best growth stocks for 2024 here.

How were Agnico Eagle Mines' earnings last quarter?

Agnico Eagle Mines Limited (TSE:AEM) released its quarterly earnings results on Wednesday, July, 31st. The company reported $1.46 earnings per share for the quarter, beating analysts' consensus estimates of $1.27 by $0.19. The firm earned $2.84 billion during the quarter, compared to analyst estimates of $2.36 billion. Agnico Eagle Mines had a trailing twelve-month return on equity of 3.10% and a net margin of 8.49%.

How do I buy shares of Agnico Eagle Mines?

Shares of AEM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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 Royal Gold (RGLD), Tencent (TCEHY), CVS Health (CVS), Enbridge (ENB), Intel (INTC), Barrick Gold (ABX) and Costco Wholesale (COST).

Company Calendar

• Last Earnings: 7/31/2024
• Ex-Dividend for 9/16 Dividend: 8/30/2024
• Dividend Payable: 9/16/2024
• Today: 9/19/2024
• Next Earnings (Estimated): 10/23/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: Precious Metals
• Current Symbol: TSE:AEM
• CUSIP: N/A
• CIK: N/A
• Web: www.agnicoeagle.com
• Phone: +1-416-9471212
• Fax: N/A
• Employees: 11,800
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$105.14
• High Stock Price Target: C$118.00
• Low Stock Price Target: C$62.00
• Potential Upside/Downside: -5.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.20
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$1.56
• Trailing P/E Ratio: 71.01
• Forward P/E Ratio: 20.52
• P/E Growth: 22.97
• Net Income: C$619.95 million
• Net Margins: 8.49%
• Pretax Margin: N/A
• Return on Equity: 3.10%
• Return on Assets: 3.80%

Debt

• Debt-to-Equity Ratio: 9.94
• Current Ratio: 1.51
• Quick Ratio: 0.89

Sales & Book Value

• Annual Sales: C$7.31 billion
• Price / Sales: 7.59
• Cash Flow: C$3.04 per share
• Price / Cash Flow: 36.39
• Book Value: C$40.00 per share
• Price / Book: 2.77

Miscellaneous

• Outstanding Shares: 501,030,000
• Free Float: N/A
• Market Cap: C$55.50 billion
• Optionable: Not Optionable
• Beta: 1.10