Agnico Eagle Mines Ltd

Agnico Eagle Mines Ltd Stock Forecast & Price Prediction

Live Agnico Eagle Mines Ltd Stock (AEM) Price
$81.60

17

Ratings

  • Buy 10
  • Hold 5
  • Sell 2
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$81.60

P/E Ratio

70.56

Volume Traded Today

$1.8M

Dividend

$0.4

52 Week High/low

85.14/43.29

Agnico Eagle Mines Ltd Market Cap

$41.01B

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AEM Summary

Based on ratings from 17 stock analysts, the Agnico Eagle Mines Ltd stock price is expected to increase by 6.48% in 12 months. This is calculated by using the average 12-month stock price forecast for Agnico Eagle Mines Ltd. The lowest target is $62.91 and the highest is $101. Please note analyst price targets are not guaranteed and could be missed completely.

AEM Analyst Ratings

AEM is a stock in Basic Materials which has been forecasted to be worth $86.89 as an average. On the higher end, the forecast price is $101 USD by Anita Soni from CIBC and on the lower end AEM is forecasted to be $62.91 by from .

AEM stock forecast by analyst

These are the latest 20 analyst ratings of AEM.

Analyst/Firm

Rating

Price Target

Change

Date

Daniel Major
UBS

Buy

$95

Initiates

Sep 17, 2024
Tanya Jakusconek
Scotiabank

Sector Outperform

$94

Maintains

Aug 19, 2024
Matthew Murphy
Jefferies

Hold

$66

Maintains

Jul 12, 2024
Anita Soni
CIBC

Outperformer

$101

Maintains

Jul 10, 2024
Jackie Przybylowski
BMO Capital

Outperform

$77

Maintains

Jun 20, 2024
Tanya Jakusconek
Scotiabank

Sector Outperform

$81

Maintains

May 23, 2024
Alexander Hacking
Citigroup

Buy

$80

Maintains

Apr 30, 2024

CIBC

Outperformer


Maintains

Apr 15, 2024
Matthew Murphy
Jefferies

Hold

$54

Initiates

Feb 29, 2024
Andrew Kaip
BMO Capital

Outperform

$67

Maintains

Jul 27, 2023
Matthew Murphy
Barclays

Overweight

$62

Maintains

Jul 27, 2023
Matthew Murphy
Barclays

Overweight

$61

Maintains

Jul 7, 2023

RBC Capital

Outperform


Reiterates

Jun 22, 2023
Matthew Murphy
Barclays

Overweight

$63

Maintains

Apr 21, 2023
Matthew Murphy
Barclays

Overweight

$65

Maintains

Jan 30, 2023
Matthew Murphy
Barclays

Overweight

$63

Maintains

Oct 17, 2022
Alexander Hacking
Citigroup

Buy

$50

Upgrade

Sep 30, 2022
Matthew Murphy
Barclays

Overweight

$62

Maintains

Jul 19, 2022
Matthew Murphy
Barclays

Overweight

$70

Maintains

Jun 8, 2022
Matthew Murphy
Barclays

Overweight

$71

Maintains

Apr 21, 2022

AEM Company Information

What They Do: Gold mining and precious metals production.

Business Model: The company generates revenue primarily through the exploration, development, and production of gold and other precious metals. By operating multiple mines in various regions, Agnico Eagle Mines diversifies its production sources and reduces risks associated with geographic concentration.

Other Information: Agnico Eagle Mines Limited, established in 1953, has a significant presence in Canada, Australia, Finland, and Mexico, with ongoing exploration activities in several regions including Europe and the United States. The company's headquarters are located in Toronto, Canada.
AEM
Agnico Eagle Mines Ltd (AEM)

When did it IPO

1984

Staff Count

10,125

Country

Canada

Sector/Industry

Basic Materials/Gold

CEO

Mr. Ammar Al-Joundi M.B.A.

Market Cap

$41.01B

Agnico Eagle Mines Ltd (AEM) Financial Data

In 2023, AEM generated $6.63B in revenue, which was a increase of 15.43% from the previous year. This can be seen as a signal that AEM's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$3.14B

Revenue From 2021

$3.87B

23.31 %
From Previous Year

Revenue From 2022

$5.74B

48.36 %
From Previous Year

Revenue From 2023

$6.63B

15.43 %
From Previous Year
  • Revenue TTM $7.31B
  • Operating Margin TTM 38.2%
  • Gross profit TTM $2.20B
  • Return on assets TTM 3.8%
  • Return on equity TTM 3.1%
  • Profit Margin 8.5%
  • Book Value Per Share 40.00%
  • Market capitalisation $41.01B
  • Revenue for 2021 $3.87B
  • Revenue for 2022 $5.74B
  • Revenue for 2023 $6.63B
  • EPS this year (TTM) $1.16

Agnico Eagle Mines Ltd (AEM) Latest News

News Image

Wed, 25 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Agnico Eagle Mines Limited (AEM) will release its Q3 2024 results on October 30, 2024, after market close.

Why It Matters - Agnico Eagle's upcoming Q3 2024 earnings release may impact stock performance and investor sentiment, providing insights into financial health and future outlook.

News Image

Wed, 25 Sep 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - Agnico Eagle Mines (AEM) closed at $84.24, reflecting a 0.29% increase from the prior trading day.

Why It Matters - Agnico Eagle Mines' slight price increase signals investor confidence and market stability, potentially influencing future stock performance and investment strategies.

News Image

Fri, 27 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks Premium research service offers Zacks Style Scores, aiding value, growth, and momentum investors in identifying strong stocks.

Why It Matters - The Zacks Style Scores enhance stock selection across investment strategies, potentially leading to better investment decisions and improved portfolio performance.

News Image

Wed, 25 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Investors can utilize the Zacks Earnings ESP tool to identify stocks likely to surpass quarterly earnings estimates.

Why It Matters - The Zacks Earnings ESP indicates potential outperformers, helping investors identify stocks likely to exceed earnings expectations, which can drive share price gains.

News Image

Thu, 26 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Investors in gold mining stocks may consider Barrick Gold (GOLD) and Agnico Eagle Mines (AEM) when evaluating value investment opportunities.

Why It Matters - The comparison between Barrick Gold and Agnico Eagle Mines highlights potential investment opportunities, influencing portfolio strategies and stock selection for value-focused investors.

News Image

Tue, 24 Sep 2024

Sentiment - POSITIVE

Source - Kitco

Summary - Michael McCrae is now leading Kitco's mining sector coverage. He holds an MBA and CMA and has expertise in building digital media properties.

Why It Matters - McCrae's leadership at Kitco indicates a focus on enhancing mining sector coverage, potentially driving greater audience engagement and influencing mining stock valuations.

...

AEM Frequently asked questions

The highest forecasted price for AEM is $101 from Anita Soni at CIBC.

The lowest forecasted price for AEM is $62.91 from from

The AEM analyst ratings consensus are 10 buy ratings, 5 hold ratings, and 2 sell ratings.