The stock of Agnico Eagle Mines Ltd (NYSE:AEM) last traded at $53.70, up 0.54% from the previous session.
Data from the available sources indicates that Agnico Eagle Mines Ltd (NYSE:AEM) is covered by 19 analysts. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $72.00 and a low of $55.00, we find $65.08. Given the previous closing price of $53.41, this indicates a potential upside of 21.85 percent. AEM stock price is now 11.91% away from the 50-day moving average and 6.81% away from the 200-day moving average. The market capitalization of the company currently stands at $26.55B.
In total, 1 analysts have assigned it a hold rating, and 15 have given it a buy rating. Brokers who have rated the stock have averaged $65.17 as their price target over the next twelve months.
A total of 0.18% of the company’s stock is owned by insiders.
With an opening price of $52.70 on Thursday morning, Agnico Eagle Mines Ltd (NYSE: AEM) set off the trading day. During the past 12 months, Agnico Eagle Mines Ltd has had a low of $43.22 and a high of $61.15. As of last week, the company has a debt-to-equity ratio of 0.11, a current ratio of 1.99, and a quick ratio of 0.71. The fifty day moving average price for AEM is $48.05 and a two-hundred day moving average price translates $50.29 for the stock.
The latest earnings results from Agnico Eagle Mines Ltd (NYSE: AEM) was released for Sep, 2023. According to the Gold Company, earnings per share came in at $0.44, missing analysts’ expectations of $0.46 by -0.02. This compares to $0.15 EPS in the same period last year. The net profit margin was 40.40% and return on equity was 14.02% for AEM. The company reported revenue of $1.64 billion for the quarter, compared to $1.45 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 13.29 percent. For the current quarter, analysts expect AEM to generate $1.65B in revenue.
Agnico Eagle Mines Ltd(AEM) Company Profile
Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. The company’s mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States. Agnico Eagle Mines Limited was incorporated in 1953 and is headquartered in Toronto, Canada.
