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NYSE:AEM

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

Agnico Eagle Mines logo
$78.16 +0.80 (+1.03%)
(As of 12/20/2024 05:31 PM ET)

About Agnico Eagle Mines Stock (NYSE:AEM)

Key Stats

Today's Range
$77.29
$79.25
50-Day Range
$75.99
$88.90
52-Week Range
$44.37
$89.00
Volume
3.18 million shs
Average Volume
2.59 million shs
Market Capitalization
$39.23 billion
P/E Ratio
39.08
Dividend Yield
2.05%
Price Target
$86.78
Consensus Rating
Moderate Buy

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.

Agnico Eagle Mines Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
84th Percentile Overall Score

AEM MarketRank™: 

Agnico Eagle Mines scored higher than 84% of companies evaluated by MarketBeat, and ranked 60th out of 193 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Agnico Eagle Mines has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Agnico Eagle Mines has only been the subject of 1 research reports in the past 90 days.

  • Read more about Agnico Eagle Mines' stock forecast and price target.
  • Earnings Growth

    Earnings for Agnico Eagle Mines are expected to grow by 13.27% in the coming year, from $4.07 to $4.61 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Agnico Eagle Mines is 39.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.76.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Agnico Eagle Mines is 39.08, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 112.35.

  • Price to Earnings Growth Ratio

    Agnico Eagle Mines has a PEG Ratio of 0.68. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Agnico Eagle Mines has a P/B Ratio of 2.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.05% of the float of Agnico Eagle Mines has been sold short.
  • Short Interest Ratio / Days to Cover

    Agnico Eagle Mines has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Agnico Eagle Mines has recently increased by 25.24%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Agnico Eagle Mines pays a meaningful dividend of 1.96%, 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 80.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, Agnico Eagle Mines will have a dividend payout ratio of 34.71% next year. This indicates that Agnico Eagle Mines will be able to sustain or increase its dividend.

  • Read more about Agnico Eagle Mines' dividend.
  • Percentage of Shares Shorted

    1.05% of the float of Agnico Eagle Mines has been sold short.
  • Short Interest Ratio / Days to Cover

    Agnico Eagle Mines has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Agnico Eagle Mines has recently increased by 25.24%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Agnico Eagle Mines has a news sentiment score of 0.65. 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 higher news sentiment than the 0.48 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Agnico Eagle Mines this week, compared to 8 articles on an average week.
  • Search Interest

    Only 15 people have searched for AEM on MarketBeat in the last 30 days. This is a decrease of -58% compared to the previous 30 days.
  • MarketBeat Follows

    Only 20 people have added Agnico Eagle Mines to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Agnico Eagle Mines insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.51% of the stock of Agnico Eagle Mines is held by insiders.

  • Percentage Held by Institutions

    68.34% 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.

  • Read more about Agnico Eagle Mines' insider trading history.
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AEM Stock News Headlines

Agnico Eagle’s All-Cash Offer for O3 Mining
URGENT: This Altcoin Opportunity Won’t Wait – Act Now
All of our key indicators are flashing the same signal: an altcoin season is fast approaching. And if you know anything about crypto, you know that altcoin seasons are where some of the biggest gains happen.
Agnico Eagle Commences Offer To Acquire O3 Mining - Quick Facts
Agnico Eagle Mines: Unmoved Price Is A Buying Opportunity
Agnico Eagle: The Golden Goose Of Mining Stocks
See More Headlines

AEM Stock Analysis - Frequently Asked Questions

Agnico Eagle Mines' stock was trading at $54.85 on January 1st, 2024. Since then, AEM stock has increased by 42.5% and is now trading at $78.16.
View the best growth stocks for 2024 here
.

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

Agnico Eagle Mines subsidiaries include these companies: 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..

Top institutional investors of Agnico Eagle Mines include Van ECK Associates Corp (4.31%), FMR LLC (3.00%), Massachusetts Financial Services Co. MA (2.58%) and CIBC Asset Management Inc (1.21%).

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Agnico Eagle Mines investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), AUO (AUOTY) and iShares Micro-Cap ETF (IWC).

Company Calendar

Last Earnings
7/31/2024
Ex-Dividend for 12/16 Dividend
11/29/2024
Dividend Payable
12/16/2024
Today
12/22/2024
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
$86.78
High Stock Price Target
$101.00
Low Stock Price Target
$71.00
Potential Upside/Downside
+11.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
$1.94 billion
Pretax Margin
22.08%

Debt

Sales & Book Value

Annual Sales
$7.82 billion
Cash Flow
$4.66 per share
Book Value
$39.02 per share

Miscellaneous

Free Float
499,503,000
Market Cap
$39.23 billion
Optionable
Optionable
Beta
1.07

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This page (NYSE:AEM) was last updated on 12/22/2024 by MarketBeat.com Staff
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