Stifel Canada Issues Positive Outlook for TSE:AEM Earnings

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Stock analysts at Stifel Canada increased their Q4 2024 earnings per share estimates for Agnico Eagle Mines in a research report issued on Tuesday, February 4th. Stifel Canada analyst I. Rico now anticipates that the company will post earnings per share of $1.80 for the quarter, up from their previous forecast of $1.71. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share. Stifel Canada also issued estimates for Agnico Eagle Mines’ FY2026 earnings at $6.48 EPS.

A number of other analysts have also recently weighed in on the stock. Stifel Nicolaus upped their target price on shares of Agnico Eagle Mines from C$114.00 to C$140.00 in a research note on Monday, October 21st. National Bankshares upped their price objective on Agnico Eagle Mines from C$143.00 to C$144.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of C$116.00.

Agnico Eagle Mines Trading Up 3.2 %

Shares of Agnico Eagle Mines stock opened at C$141.14 on Thursday. The company’s fifty day moving average price is C$121.06 and its two-hundred day moving average price is C$113.86. The firm has a market capitalization of C$70.72 billion, a PE ratio of 88.21, a price-to-earnings-growth ratio of 22.97 and a beta of 1.10. Agnico Eagle Mines has a 52-week low of C$60.17 and a 52-week high of C$142.39. The company has a debt-to-equity ratio of 9.94, a current ratio of 1.51 and a quick ratio of 0.89.

Insider Activity at Agnico Eagle Mines

In other Agnico Eagle Mines news, Senior Officer Christopher Charles Norman Vollmershausen sold 15,072 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of C$110.27, for a total value of C$1,661,989.44. Also, Senior Officer Ammar Al-Joundi sold 19,900 shares of the firm’s stock in a transaction on Thursday, November 14th. The shares were sold at an average price of C$109.25, for a total value of C$2,174,075.00. Insiders sold 114,616 shares of company stock valued at $13,256,431 in the last ninety days. Insiders own 0.08% of the company’s stock.

About Agnico Eagle Mines

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. 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.