
Agnico Eagle Mines Limited (TSE:AEM – Free Report) (NYSE:AEM) – Equities research analysts at Scotiabank lifted their FY2025 earnings per share (EPS) estimates for Agnico Eagle Mines in a note issued to investors on Tuesday, October 28th. Scotiabank analyst T. Jakusconek now forecasts that the company will post earnings per share of $11.31 for the year, up from their previous forecast of $10.08. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share. Scotiabank also issued estimates for Agnico Eagle Mines’ FY2026 earnings at $13.05 EPS.
Other equities research analysts have also recently issued reports about the company. Stifel Nicolaus raised their target price on Agnico Eagle Mines from C$195.00 to C$300.00 in a research note on Monday, October 20th. TD Securities upgraded Agnico Eagle Mines to a “strong-buy” rating in a research note on Thursday, July 17th. Five research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Agnico Eagle Mines presently has a consensus rating of “Strong Buy” and an average target price of C$198.33.
Agnico Eagle Mines Stock Performance
AEM stock opened at C$225.58 on Friday. The company has a debt-to-equity ratio of 7.88, a quick ratio of 0.89 and a current ratio of 1.75. The stock has a market capitalization of C$113.58 billion, a price-to-earnings ratio of 38.36, a PEG ratio of 22.97 and a beta of 1.24. Agnico Eagle Mines has a 1 year low of C$105.23 and a 1 year high of C$263.23. The stock’s fifty day moving average is C$221.46 and its two-hundred day moving average is C$185.95.
Agnico Eagle Mines Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Monday, September 15th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, September 2nd. Agnico Eagle Mines’s payout ratio is presently 27.21%.
Insider Transactions at Agnico Eagle Mines
In related news, insider Jean Robitaille sold 3,000 shares of Agnico Eagle Mines stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of C$235.00, for a total transaction of C$705,000.00. Following the transaction, the insider directly owned 1,000 shares of the company’s stock, valued at C$235,000. The trade was a 75.00% decrease in their ownership of the stock. 0.08% of the stock is currently owned by insiders.
Agnico Eagle Mines Company Profile
Agnico Eagle Mines is a gold miner operating mines in Canada, Mexico, and Finland. It also owns 50% of the Canadian Malartic mine. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines on line in rapid succession in the following years. The company produced more than 1.7 million gold ounces in 2020.
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