
Agnico Eagle Mines Limited (NYSE:AEM – Free Report) (TSE:AEM) – Investment analysts at Erste Group Bank raised their FY2026 EPS estimates for Agnico Eagle Mines in a research note issued on Friday, June 5th. Erste Group Bank analyst H. Engel now forecasts that the mining company will earn $13.61 per share for the year, up from their previous forecast of $13.38. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $13.18 per share.
Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) last posted its quarterly earnings results on Thursday, April 30th. The mining company reported $3.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.19 by $0.21. Agnico Eagle Mines had a net margin of 39.46% and a return on equity of 21.09%. The firm had revenue of $4 billion during the quarter, compared to analyst estimates of $3.96 billion. During the same quarter in the prior year, the business posted $1.53 earnings per share. The company’s quarterly revenue was up 66.1% compared to the same quarter last year.
Read Our Latest Stock Analysis on AEM
Agnico Eagle Mines Stock Performance
NYSE:AEM opened at $152.12 on Thursday. Agnico Eagle Mines has a 12-month low of $114.60 and a 12-month high of $255.24. The company has a quick ratio of 2.18, a current ratio of 3.15 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $76.13 billion, a PE ratio of 14.30, a price-to-earnings-growth ratio of 3.52 and a beta of 0.56. The firm has a 50-day moving average price of $191.92 and a 200 day moving average price of $194.60.
Institutional Trading of Agnico Eagle Mines
Several hedge funds have recently modified their holdings of the stock. Parallel Advisors LLC grew its stake in shares of Agnico Eagle Mines by 9.3% during the first quarter. Parallel Advisors LLC now owns 2,100 shares of the mining company’s stock valued at $426,000 after purchasing an additional 179 shares during the last quarter. Axiom Investment Management LLC bought a new stake in shares of Agnico Eagle Mines during the first quarter valued at approximately $382,000. BankChampaign National Association bought a new stake in shares of Agnico Eagle Mines during the first quarter valued at approximately $1,555,000. Groupe la Francaise grew its stake in shares of Agnico Eagle Mines by 47.6% during the first quarter. Groupe la Francaise now owns 261,835 shares of the mining company’s stock valued at $52,974,000 after purchasing an additional 84,447 shares during the last quarter. Finally, Western Wealth Management LLC bought a new stake in shares of Agnico Eagle Mines during the first quarter valued at approximately $208,000. 68.34% of the stock is owned by institutional investors.
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.
Featured Articles
- Five stocks we like better than Agnico Eagle Mines
- Everpure: AI Storage Uncertainty Overshadows Breakneck Growth
- This Tech ETF Is Beating QQQ—and Canada May Be Part of the Reason
- Intel Is the Market’s Most Mispriced AI Hedge
- The Biggest Opportunity From SpaceX’s IPO May Surprise You
Receive News & Ratings for Agnico Eagle Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agnico Eagle Mines and related companies with MarketBeat.com's FREE daily email newsletter.
