Agnico Eagle Mines (NYSE:AEM) Sets New 1-Year High – Here’s What Happened

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $245.81 and last traded at $244.14, with a volume of 1822975 shares. The stock had previously closed at $240.49.

Agnico Eagle Mines News Roundup

Here are the key news stories impacting Agnico Eagle Mines this week:

• Positive Sentiment: Zacks Research raised estimates across nearly every quarter and fiscal year for AEM, including a material lift to FY2026 EPS to $12.32 (from $7.75) and FY2027 to $11.90 (from $6.87); several quarterly estimates (Q1–Q4 2026 and Q1–Q4 2027) were also increased. Zacks maintains a “Hold” rating but the revisions materially improve the near‑term earnings trajectory, which can support the share price.
• Positive Sentiment: Coverage notes from industry press point to Agnico’s reinforced “mining discipline” and operational focus, generating positive investor buzz and reinforcing expectations for cash‑flow resilience. Agnico Eagle Mines Reinforces Mining Discipline
• Neutral Sentiment: Sector comparison pieces weigh AEM against Newmont (NEM), noting both companies are strengthening cash flows and expanding projects amid elevated gold prices — useful context for relative valuation and capital allocation decisions but not a company‑specific catalyst. NEM vs. AEM: Which Gold Mining Giant Should You Invest in Now?
• Neutral Sentiment: Additional market commentary and comparisons (Zacks/third‑party writeups) reiterate AEM’s strengths versus peers; these help investor narrative but largely echo the Zacks estimate changes rather than introduce new company‑specific information. Zacks: NEM vs AEM Analysis
• Neutral Sentiment: Broader mining/dividend stories (e.g., on other miners) may shift investor flows within the sector but are only indirectly relevant to AEM’s fundamentals. This Dividend Stock Has Been the Ultimate ‘Trump Trade’

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. JPMorgan Chase & Co. cut their price target on shares of Agnico Eagle Mines from $248.00 to $235.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Zacks Research cut shares of Agnico Eagle Mines from a “strong-buy” rating to a “hold” rating in a report on Friday, January 23rd. Wall Street Zen downgraded shares of Agnico Eagle Mines from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 31st. Jefferies Financial Group set a $189.00 price target on Agnico Eagle Mines in a research report on Sunday, December 7th. Finally, Scotiabank reiterated an “outperform” rating and set a $280.00 price objective on shares of Agnico Eagle Mines in a research note on Tuesday, February 17th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $234.91.

Agnico Eagle Mines Trading Up 2.5%

The company has a quick ratio of 1.33, a current ratio of 2.02 and a debt-to-equity ratio of 0.01. The company’s 50-day moving average is $200.92 and its 200 day moving average is $173.82. The company has a market cap of $123.51 billion, a price-to-earnings ratio of 27.76, a price-to-earnings-growth ratio of 0.56 and a beta of 0.63.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last issued its quarterly earnings data on Thursday, February 12th. The mining company reported $2.69 earnings per share for the quarter, topping analysts’ consensus estimates of $2.56 by $0.13. Agnico Eagle Mines had a net margin of 37.47% and a return on equity of 18.09%. The business had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.40 billion. During the same quarter in the prior year, the firm posted $1.26 earnings per share. The company’s revenue was up 60.3% compared to the same quarter last year. Research analysts predict that Agnico Eagle Mines Limited will post 4.63 EPS for the current year.

Agnico Eagle Mines Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be given a dividend of $0.45 per share. This is an increase from Agnico Eagle Mines’s previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Monday, March 2nd. Agnico Eagle Mines’s dividend payout ratio (DPR) is currently 20.27%.

Institutional Trading of Agnico Eagle Mines

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Capital World Investors grew its stake in Agnico Eagle Mines by 2.8% in the 4th quarter. Capital World Investors now owns 21,338,277 shares of the mining company’s stock valued at $3,618,730,000 after acquiring an additional 572,473 shares during the period. Vanguard Group Inc. lifted its holdings in Agnico Eagle Mines by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 20,979,666 shares of the mining company’s stock valued at $3,557,772,000 after purchasing an additional 309,717 shares in the last quarter. Van ECK Associates Corp grew its position in shares of Agnico Eagle Mines by 21.6% in the fourth quarter. Van ECK Associates Corp now owns 17,225,477 shares of the mining company’s stock valued at $2,920,258,000 after purchasing an additional 3,062,705 shares during the period. Massachusetts Financial Services Co. MA grew its position in shares of Agnico Eagle Mines by 5.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 11,712,397 shares of the mining company’s stock valued at $1,974,242,000 after purchasing an additional 602,489 shares during the period. Finally, TD Asset Management Inc increased its stake in shares of Agnico Eagle Mines by 1.7% during the fourth quarter. TD Asset Management Inc now owns 9,665,456 shares of the mining company’s stock worth $1,641,239,000 after purchasing an additional 165,263 shares in the last quarter. 68.34% of the stock is currently owned by hedge funds and other institutional investors.

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.