What is Scotiabank's Estimate for TSE:AEM FY2025 Earnings?

Agnico Eagle Mines Limited (TSE:AEM - Free Report) NYSE: AEM - Investment analysts at Scotiabank dropped their FY2025 earnings per share estimates for Agnico Eagle Mines in a research report issued to clients and investors on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now forecasts that the company will post earnings per share of $6.11 for the year, down from their prior forecast of $6.49. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $5.50 per share.

A number of other research analysts also recently commented on the stock. National Bank Financial raised shares of Agnico Eagle Mines to a "strong-buy" rating in a research report on Friday, March 21st. Stifel Canada raised Agnico Eagle Mines to a "strong-buy" rating in a report on Wednesday, March 19th. National Bankshares lifted their price objective on shares of Agnico Eagle Mines from C$160.00 to C$190.00 and gave the company an "outperform" rating in a research note on Wednesday, March 19th. Finally, Royal Bank of Canada increased their target price on shares of Agnico Eagle Mines to C$105.00 and gave the stock a "buy" rating in a research note on Thursday, March 6th. Four investment analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of C$128.71.

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Agnico Eagle Mines Stock Up 3.2 %

Agnico Eagle Mines stock traded up C$4.76 during mid-day trading on Monday, hitting C$154.34. The company had a trading volume of 849,542 shares, compared to its average volume of 1,013,176. The stock has a market cap of C$54.57 billion, a price-to-earnings ratio of 54.22, a PEG ratio of 22.97 and a beta of 1.10. The company has a quick ratio of 0.89, a current ratio of 1.75 and a debt-to-equity ratio of 7.88. Agnico Eagle Mines has a 1 year low of C$78.89 and a 1 year high of C$154.39. The business has a fifty day moving average of C$139.22 and a 200 day moving average of C$123.14.

Insider Transactions at Agnico Eagle Mines

In other Agnico Eagle Mines news, Senior Officer Guy Gosselin sold 22,500 shares of the firm's stock in a transaction dated Thursday, January 9th. The stock was sold at an average price of C$121.80, for a total value of C$2,740,500.00. Also, Senior Officer Carol-Ann Plummer-Theriault sold 5,000 shares of Agnico Eagle Mines stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of C$150.99, for a total value of C$754,950.00. Insiders sold a total of 85,269 shares of company stock valued at $10,634,722 over the last three months. 0.08% of the stock is currently owned by insiders.

Agnico Eagle Mines Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, March 14th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.04%. The ex-dividend date was Friday, February 28th. Agnico Eagle Mines's payout ratio is 76.24%.

About Agnico Eagle Mines

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.