Zacks Research Issues Positive Forecast for TSE:AEM Earnings

Agnico Eagle Mines Limited (TSE:AEM - Free Report) NYSE: AEM - Equities researchers at Zacks Research raised their Q1 2025 EPS estimates for shares of Agnico Eagle Mines in a note issued to investors on Wednesday, February 26th. Zacks Research analyst A. Barman now forecasts that the company will earn $1.43 per share for the quarter, up from their prior forecast of $1.14. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $5.50 per share. Zacks Research also issued estimates for Agnico Eagle Mines' FY2025 earnings at $5.81 EPS and FY2026 earnings at $5.44 EPS.

Separately, Royal Bank of Canada upped their target price on shares of Agnico Eagle Mines to C$105.00 and gave the stock a "buy" rating in a research report on Thursday. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Agnico Eagle Mines currently has an average rating of "Buy" and a consensus target price of C$122.14.

Agnico Eagle Mines Stock Down 2.0 %

Shares of TSE:AEM traded down C$2.80 during midday trading on Monday, reaching C$139.99. The company's stock had a trading volume of 848,986 shares, compared to its average volume of 978,150. The firm has a 50 day moving average of C$130.02 and a 200-day moving average of C$118.97. The firm has a market capitalization of C$49.50 billion, a P/E ratio of 49.18, 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 12-month low of C$72.59 and a 12-month high of C$145.25.

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Insider Activity at Agnico Eagle Mines

In other Agnico Eagle Mines news, Director John Merfyn Roberts sold 2,000 shares of the company's stock in a transaction dated Monday, January 13th. The shares were sold at an average price of C$118.43, for a total transaction of C$236,860.00. Also, Director Martine Celej sold 2,208 shares of the company's stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of C$111.84, for a total transaction of C$246,942.72. In the last ninety days, insiders have sold 70,269 shares of company stock valued at $8,396,572. 0.08% of the stock is owned by insiders.

Agnico Eagle Mines Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, March 14th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.14%. The ex-dividend date of this dividend is Friday, February 28th. Agnico Eagle Mines's dividend payout ratio (DPR) is 76.24%.

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.