Agnico Eagle Mines Limited (NYSE:AEM) Stock Has Consensus Target Price of $227.00 According to Analysts

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) has been assigned an average rating of “Moderate Buy” from the nineteen research firms that are covering the firm, MarketBeat.com reports. Six investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $227.00.

AEM has been the subject of several analyst reports. Zacks Research upgraded shares of Agnico Eagle Mines from a “strong sell” rating to a “hold” rating in a report on Monday, September 7th. Weiss Ratings raised shares of Agnico Eagle Mines from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, October 14th. Royal Bank Of Canada raised their price objective on shares of Agnico Eagle Mines from $210.00 to $225.00 and gave the company a “sector perform” rating in a report on Wednesday, September 16th. Freedom Broker upgraded shares of Agnico Eagle Mines from a “hold” rating to a “buy” rating and set a $212.00 price objective on the stock in a report on Monday, November 2nd. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Agnico Eagle Mines from $190.00 to $193.00 and gave the stock a “neutral” rating in a research report on Friday, October 30th.

Latest Agnico Eagle Mines News

Investors following AEM have been watching these news items:

• Neutral Sentiment: Gold-fund flows are divided: U.S. gold ETFs have seen outflows, while European and Asian funds have attracted inflows. This mixed demand picture could add uncertainty around the metal-price backdrop.
• Negative Sentiment: Zacks Research cut its EPS forecasts across several periods, including FY2026 to $11.22 from $11.65 and FY2027 to $10.17 from $10.62. It also lowered quarterly estimates through 2027 and into 2028, while maintaining a “Hold” rating. Lower profit expectations may weigh on sentiment.
• Negative Sentiment: Recent article headlines cite cost pressure as projects advance and costs rise. One says the company held its outlook, which may temper concern, but rising costs remain a risk to margins. Article: Agnico Eagle Mines Stock Faces Cost Pressure as Projects Advance Article: Agnico Eagle Mines Stock Holds Outlook as Costs Rise

Institutional Trading of Agnico Eagle Mines

Hedge funds and other institutional investors have recently bought and sold shares of the business. Flputnam Investment Management Co. lifted its holdings in Agnico Eagle Mines by 16.4% during the 3rd quarter. Flputnam Investment Management Co. now owns 1,911 shares of the mining company’s stock worth $350,000 after buying an additional 269 shares during the last quarter. Empowered Funds LLC boosted its position in shares of Agnico Eagle Mines by 25.7% during the 3rd quarter. Empowered Funds LLC now owns 54,647 shares of the mining company’s stock worth $10,015,000 after acquiring an additional 11,175 shares in the last quarter. Kovack Advisors Inc. increased its holdings in shares of Agnico Eagle Mines by 2.5% in the 3rd quarter. Kovack Advisors Inc. now owns 3,880 shares of the mining company’s stock valued at $701,000 after acquiring an additional 93 shares during the last quarter. Mayport LLC purchased a new position in shares of Agnico Eagle Mines in the 3rd quarter valued at about $209,000. Finally, Advisory Alpha LLC purchased a new position in shares of Agnico Eagle Mines in the 3rd quarter valued at about $732,000. 68.34% of the stock is currently owned by institutional investors and hedge funds.

Agnico Eagle Mines Stock Up 0.0%

Shares of Agnico Eagle Mines stock traded up $0.01 on Friday, reaching $178.42. 1,204,980 shares of the company were exchanged, compared to its average volume of 2,018,961. The stock’s 50 day moving average price is $187.53 and its 200-day moving average price is $188.30. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.75 and a quick ratio of 1.90. Agnico Eagle Mines has a 1-year low of $134.38 and a 1-year high of $255.24. The company has a market cap of $90.26 billion, a P/E ratio of 14.55, a price-to-earnings-growth ratio of 2.73 and a beta of 0.69.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last issued its earnings results on Wednesday, October 28th. The mining company reported $2.62 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.15. The firm had revenue of $3.54 billion for the quarter, compared to analysts’ expectations of $3.51 billion. Agnico Eagle Mines had a net margin of 41.01% and a return on equity of 21.68%. The firm’s revenue was up 17.1% compared to the same quarter last year. During the same quarter last year, the company earned $2.10 earnings per share. As a group, equities analysts forecast that Agnico Eagle Mines will post 11.36 EPS for the current year.

About Agnico Eagle Mines

Agnico Eagle Mines Limited (NYSE:AEM) is a Canadian gold mining company engaged in the exploration, development and production of gold, as well as related activities such as mineral processing and mine-site reclamation. The company’s principal product is gold, with silver and other byproducts also recovered from certain operations. Founded in 1957 through the merger of Agnico Mines and Eagle Mines, Agnico Eagle has grown into one of the world’s largest gold producers. Its operating portfolio is concentrated in established mining regions, including the Canadian provinces of Ontario and Quebec, Nunavut in northern Canada, and Finland.