
Agnico Eagle Mines Limited (NYSE:AEM – Free Report) (TSE:AEM) – Analysts at Scotiabank cut their FY2027 earnings per share estimates for shares of Agnico Eagle Mines in a research note issued on Tuesday, July 7th. Scotiabank analyst T. Jakusconek now anticipates that the mining company will post earnings of $11.45 per share for the year, down from their prior estimate of $12.09. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $13.15 per share.
Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) last released its quarterly earnings data on Thursday, April 30th. The mining company reported $3.40 earnings per share for the quarter, beating the consensus estimate of $3.19 by $0.21. The business had revenue of $4 billion for the quarter, compared to analyst estimates of $3.96 billion. Agnico Eagle Mines had a return on equity of 21.09% and a net margin of 39.46%.Agnico Eagle Mines’s revenue was up 66.1% compared to the same quarter last year. During the same period last year, the firm posted $1.53 earnings per share.
Agnico Eagle Mines Stock Performance
Agnico Eagle Mines stock opened at $144.83 on Thursday. 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 stock has a market cap of $73.51 billion, a PE ratio of 13.61, a P/E/G ratio of 3.31 and a beta of 0.60. Agnico Eagle Mines has a 12-month low of $115.19 and a 12-month high of $255.24. The business’s 50-day moving average price is $171.61 and its two-hundred day moving average price is $193.34.
Hedge Funds Weigh In On Agnico Eagle Mines
A number of hedge funds and other institutional investors have recently made changes to their positions in AEM. Acumen Wealth Advisors LLC bought a new stake in Agnico Eagle Mines in the fourth quarter valued at approximately $26,000. Abound Wealth Management raised its holdings in Agnico Eagle Mines by 99.0% during the 4th quarter. Abound Wealth Management now owns 209 shares of the mining company’s stock worth $35,000 after purchasing an additional 104 shares during the last quarter. Lodestone Wealth Management LLC bought a new position in Agnico Eagle Mines during the 4th quarter worth approximately $35,000. Jessup Wealth Management Inc acquired a new position in shares of Agnico Eagle Mines in the 4th quarter worth approximately $35,000. Finally, Bangor Savings Bank acquired a new position in shares of Agnico Eagle Mines in the 4th quarter worth approximately $37,000. 68.34% of the stock is owned by institutional investors and hedge funds.
Agnico Eagle Mines News Summary
Here are the key news stories impacting Agnico Eagle Mines this week:
- Positive Sentiment: Analysts and bullish commentary highlight Agnico Eagle’s strong cash flow, dividend growth, buybacks, and debt reduction efforts, which support the case for higher shareholder returns and long-term value creation. Can Agnico Eagle Drive Even Higher Shareholder Returns Ahead?
- Positive Sentiment: Barclays reportedly maintained a bullish stance by assigning Agnico Eagle Mines a $210 price target, signaling continued confidence in the company’s outlook. Agnico Eagle Mines Given New $210.00 Price Target at Barclays
- Neutral Sentiment: One analysis argued that the macro headwinds that pressured gold miners may already be largely reflected in the stock, while noting Agnico Eagle’s fundamentals remain robust. Agnico Eagle Mines: The Macro Impact Has Played Out
- Neutral Sentiment: Scotiabank lowered its FY2026 earnings estimate for AEM, trimming expectations to $11.81 per share from $12.16, which adds some caution around near-term profitability.
- Negative Sentiment: Recent coverage flagged a possible mine disruption, which could affect production and near-term operating performance if the issue persists. Agnico Eagle (NYSE:AEM) Gold Stock Faces Mine Disruption
- Negative Sentiment: The stock also recently fell more than the broader market, reinforcing short-term bearish sentiment and suggesting investors are reducing exposure amid the weaker gold/mining backdrop. Agnico Eagle Mines Suffers a Larger Drop Than the General Market: Key Insights
About Agnico Eagle Mines
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.
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