FY2025 EPS Forecast for Agnico Eagle Mines Lifted by Analyst

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Equities research analysts at Scotiabank boosted their FY2025 earnings per share (EPS) estimates for Agnico Eagle Mines in a research note issued on Friday, January 30th. Scotiabank analyst T. Jakusconek now expects that the mining company will earn $8.24 per share for the year, up from their previous estimate of $8.11. Scotiabank has a “Outperform” rating and a $276.00 price target on the stock. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $4.63 per share.

AEM has been the topic of a number of other reports. Weiss Ratings cut Agnico Eagle Mines from a “buy (a-)” rating to a “buy (b)” rating in a research note on Monday, January 12th. JPMorgan Chase & Co. assumed coverage on shares of Agnico Eagle Mines in a research report on Thursday, January 29th. They issued a “neutral” rating and a $248.00 price target on the stock. TD Securities raised their price objective on shares of Agnico Eagle Mines from $154.00 to $195.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. Royal Bank Of Canada lowered shares of Agnico Eagle Mines from an “outperform” rating to a “sector perform” rating and lifted their price objective for the company from $185.00 to $205.00 in a research note on Wednesday, December 10th. Finally, Wall Street Zen downgraded Agnico Eagle Mines from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Four equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $224.73.

Agnico Eagle Mines Stock Up 0.1%

AEM stock opened at $190.65 on Monday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.31 and a current ratio of 2.12. The company has a market capitalization of $95.45 billion, a price-to-earnings ratio of 27.83, a PEG ratio of 0.52 and a beta of 0.63. Agnico Eagle Mines has a fifty-two week low of $92.11 and a fifty-two week high of $225.00. The stock has a fifty day moving average of $183.41 and a 200-day moving average of $163.08.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in AEM. True Wealth Design LLC boosted its stake in Agnico Eagle Mines by 381.3% during the third quarter. True Wealth Design LLC now owns 154 shares of the mining company’s stock valued at $26,000 after buying an additional 122 shares during the period. Blue Bell Private Wealth Management LLC raised its holdings in shares of Agnico Eagle Mines by 59.7% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 198 shares of the mining company’s stock valued at $33,000 after acquiring an additional 74 shares in the last quarter. MCF Advisors LLC bought a new stake in shares of Agnico Eagle Mines during the 3rd quarter valued at about $34,000. Lodestone Wealth Management LLC bought a new stake in shares of Agnico Eagle Mines during the 4th quarter valued at about $35,000. Finally, Abound Wealth Management grew its holdings in shares of Agnico Eagle Mines by 99.0% during the fourth quarter. Abound Wealth Management now owns 209 shares of the mining company’s stock worth $35,000 after purchasing an additional 104 shares in the last quarter. Institutional investors own 68.34% of the company’s stock.

Agnico Eagle Mines Company Profile

Agnico Eagle Mines Limited (NYSE: AEM) is a Canadian-based senior gold producer headquartered in Toronto, Ontario. The company is principally engaged in the exploration, development, production and reclamation of gold-bearing properties. Agnico Eagle pursues both greenfield and brownfield exploration to expand its resource base and operates a portfolio of producing mines and development projects to generate long-life gold production.

Its core business activities span the full mining lifecycle: grassroots and advanced-stage exploration, prefeasibility and feasibility studies, mine construction, underground and open-pit mining, ore processing and metal recovery, and post-mining reclamation and closure.