Stifel Canada Analysts Raise Earnings Estimates for TSE:AEM

Agnico Eagle Mines Limited (TSE:AEM - Free Report) NYSE: AEM - Stock analysts at Stifel Canada lifted their Q4 2024 earnings per share estimates for shares of Agnico Eagle Mines in a research report issued on Tuesday, February 4th. Stifel Canada analyst I. Rico now forecasts that the company will post earnings per share of $1.80 for the quarter, up from their prior forecast of $1.71. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $5.50 per share. Stifel Canada also issued estimates for Agnico Eagle Mines' FY2026 earnings at $6.48 EPS.

AEM has been the subject of several other research reports. Stifel Nicolaus increased their price target on shares of Agnico Eagle Mines from C$114.00 to C$140.00 in a research note on Monday, October 21st. National Bankshares increased their price objective on Agnico Eagle Mines from C$143.00 to C$144.00 and gave the stock an "outperform" rating in a research report on Friday, November 1st. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Agnico Eagle Mines currently has a consensus rating of "Buy" and a consensus target price of C$116.00.

Agnico Eagle Mines Trading Down 0.8 %

Agnico Eagle Mines stock traded down C$1.14 during midday trading on Thursday, hitting C$140.48. 685,145 shares of the stock were exchanged, compared to its average volume of 835,762. The company has a current ratio of 1.51, a quick ratio of 0.89 and a debt-to-equity ratio of 9.94. The stock's 50-day simple moving average is C$121.99 and its 200 day simple moving average is C$114.51. Agnico Eagle Mines has a fifty-two week low of C$60.17 and a fifty-two week high of C$142.89. The stock has a market capitalization of C$70.38 billion, a price-to-earnings ratio of 87.80, a PEG ratio of 22.97 and a beta of 1.10.

Insider Buying and Selling at Agnico Eagle Mines

In other news, Senior Officer Ammar Al-Joundi sold 19,900 shares of the stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of C$109.25, for a total transaction of C$2,174,075.00. Also, Director John Merfyn Roberts sold 2,000 shares of the firm's stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of C$118.43, for a total transaction of C$236,860.00. Insiders have sold a total of 114,616 shares of company stock valued at $13,256,431 over the last quarter. 0.08% of the stock is owned by company insiders.

Agnico Eagle Mines Company Profile

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.