Free Trial
NYSE:AEM

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

$76.89
-1.82 (-2.31%)
(As of 09/6/2024 ET)
Today's Range
$76.45
$79.09
50-Day Range
$65.03
$82.78
52-Week Range
$43.22
$83.50
Volume
1.97 million shs
Average Volume
2.74 million shs
Market Capitalization
$38.47 billion
P/E Ratio
80.94
Dividend Yield
2.08%
Price Target
$82.86

Agnico Eagle Mines MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
7.8% Upside
$82.86 Price Target
Short Interest
Healthy
1.52% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-6.29
Upright™ Environmental Score
News Sentiment
0.76mentions of Agnico Eagle Mines in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
0.55%
From $3.65 to $3.67 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.23 out of 5 stars

Basic Materials Sector

51st out of 180 stocks

Gold & Silver Ores Industry

7th out of 39 stocks

AEM stock logo

About Agnico Eagle Mines Stock (NYSE:AEM)

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.

AEM Stock Price History

AEM Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
A Bull Case on Agnico Eagle Mining (AEM)
3 Gold Stocks to Hedge Against Market Uncertainty
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
See More Headlines
Receive AEM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Agnico Eagle Mines and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 6/14 Dividend
5/31/2024
Dividend Payable
6/14/2024
Last Earnings
7/31/2024
Ex-Dividend for 9/16 Dividend
8/30/2024
Today
9/07/2024
Dividend Payable
9/16/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Gold & silver ores
Sub-Industry
Precious Metals
CIK
2809
Employees
15,875
Year Founded
1957

Price Target and Rating

Average Stock Price Target
$82.86
High Stock Price Target
$101.00
Low Stock Price Target
$66.00
Potential Upside/Downside
+7.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$1.94 billion
Pretax Margin
15.76%

Debt

Sales & Book Value

Annual Sales
$7.31 billion
Cash Flow
$4.91 per share
Book Value
$39.93 per share

Miscellaneous

Free Float
497,724,000
Market Cap
$38.47 billion
Optionable
Optionable
Beta
1.06

Social Links

These 7 Stocks Will Be Magnificent in 2024 Cover

With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.

Get This Free Report

Key Executives

  • Mr. James R. Porter B.A.Sc.
    CPA, CA, CPA, (Illinois), Executive VP of Finance & Chief Financial Officer
  • Mr. Jean Robitaille (Age 61)
    Executive VP and Chief Strategy & Technology Officer
    Comp: $1.02M
  • Ms. Natasha Nella Dominica Vaz MBA (Age 44)
    P. Eng., Executive VP and COO of Ontario, Australia & Mexico
    Comp: $1.06M
  • Mr. Ammar Al-Joundi M.B.A. (Age 60)
    CEO, President & Director
    Comp: $3.93M
  • Mr. Christopher Vollmershausen L.L.B.
    Executive VP of Legal, General Counsel & Corporate Secretary
  • Mr. Jason Allaire
    Vice President of Health, Safety, Social Affairs & People
  • Mr. Dominique Girard B.Sc.
    ENG., P.Eng., Executive VP and COO of Nunavut, Quebec & Europe
  • Ms. Carol-Ann Plummer-Theriault B.Sc.
    Eng., P.Eng., Executive Vice President of Operational Excellence
  • Mr. Guy Gosselin Eng.
    Ing, M.Sc., P.Eng., P.Geo., Executive Vice President of Exploration
  • Mr. Mohammed Ali
    Vice President of Sustainability & Regulatory Affairs

Should I Buy Agnico Eagle Mines Stock? AEM Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Agnico Eagle Mines Limited:

  • Agnico Eagle Mines' stock price has been consistently increasing, reaching $82.27 on the latest trading day, indicating positive market sentiment.
  • The company has a strong financial position with a market capitalization of $41.16 billion, reflecting stability and potential for growth.
  • Analysts have raised earnings estimates for Agnico Eagle Mines, suggesting confidence in the company's performance and profitability.
  • Agnico Eagle Mines has a diversified portfolio of precious metal assets, reducing risk exposure and providing opportunities for revenue generation.
  • The company's recent quarterly earnings report exceeded expectations, demonstrating operational efficiency and strong financial results.

Cons

Investors should be bearish about investing in Agnico Eagle Mines Limited for these reasons:

  • The stock's price-to-earnings ratio of 86.60 is relatively high, indicating that the stock may be overvalued compared to industry peers.
  • Agnico Eagle Mines' beta of 1.06 suggests higher volatility compared to the market average, potentially leading to greater price fluctuations.
  • The company's debt-to-equity ratio of 0.06 may raise concerns about its leverage and financial risk management.
  • Despite positive analyst ratings, there is always inherent risk in investing in mining companies due to factors like commodity price fluctuations and geopolitical uncertainties.
  • Investors should consider the cyclical nature of the mining industry, which can impact the company's performance during economic downturns.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 3, 2024. Please send any questions or comments about these Agnico Eagle Mines pros and cons to contact@marketbeat.com.

AEM Stock Analysis - Frequently Asked Questions

How have AEM shares performed this year?

Agnico Eagle Mines' stock was trading at $54.85 at the beginning of the year. Since then, AEM stock has increased by 40.2% and is now trading at $76.89.
View the best growth stocks for 2024 here
.

How were Agnico Eagle Mines' earnings last quarter?

Agnico Eagle Mines Limited (NYSE:AEM) posted its quarterly earnings data on Wednesday, July, 31st. The mining company reported $1.07 earnings per share for the quarter, topping analysts' consensus estimates of $0.93 by $0.14. The firm's quarterly revenue was up 20.9% compared to the same quarter last year.

What is Camerano Luca Valerio's approval rating as Agnico Eagle Mines' CEO?

8 employees have rated Agnico Eagle Mines Chief Executive Officer Camerano Luca Valerio on Glassdoor.com. Camerano Luca Valerio has an approval rating of 87% among the company's employees.

Does Agnico Eagle Mines have any subsidiaries?

The following companies are subsidiaries of Agnico Eagle Mines: Agnico Eagle Finland Oy, Agnico Eagle Mines Limited, Agnico Eagle (usa) Limited, Agnico Sonora S.A. de C.V., Grayd Resource Corporation, Meliadine Holdings Inc, Servicios Agnico del Pacifico S.A. de C.V., and Servicios Pinos Altos S.A. de C.V..

Who are Agnico Eagle Mines' major shareholders?

Top institutional shareholders of Agnico Eagle Mines include Van ECK Associates Corp (4.46%), Massachusetts Financial Services Co. MA (2.65%), Mackenzie Financial Corp (1.79%) and First Eagle Investment Management LLC (1.33%).

How do I buy shares of Agnico Eagle Mines?

Shares of AEM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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 Barrick Gold (GOLD), Newmont (NEM), NVIDIA (NVDA), Royal Gold (RGLD), Micron Technology (MU), Wheaton Precious Metals (WPM) and Cisco Systems (CSCO).

This page (NYSE:AEM) was last updated on 9/7/2024 by MarketBeat.com Staff

From Our Partners