Agnico Eagle Mines Stock Today

AEM Stock  USD 68.69  2.59  3.92%   

Performance

17 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
Agnico Eagle is selling at 68.69 as of the 7th of June 2024; that is 3.92 percent up since the beginning of the trading day. The stock's lowest day price was 68.69. Agnico Eagle has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Agnico Eagle Mines are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of May 2024 and ending today, the 7th of June 2024. Click here to learn more.
Business Domain
Materials
IPO Date
7th of September 1984
Category
Basic Materials
Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland. The company was incorporated in 1953 and is headquartered in Toronto, Canada. Agnico-Eagle Mines operates under Gold classification in the United States and is traded on New York Stock Exchange. The company has 498.19 M outstanding shares of which 7.99 M shares are presently shorted by investors with about 2.6 days to cover. More on Agnico Eagle Mines

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Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Agnico Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOAnthony Makuch
Thematic Ideas
(View all Themes)
Old NameAustria Email AG
Business ConcentrationMetals & Mining, Materials, Basic Materials, NYSE Composite, Philadelphia GoldSilver, ARCA Gold BUGS, Stlmt ID PHLX, Aluminum, Precious Metals, Gold and Gold Mining, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Average Analyst Recommendation
Agnico Eagle can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Agnico Eagle's financial leverage. It provides some insight into what part of Agnico Eagle's total assets is financed by creditors.
Liquidity
Agnico Eagle Mines has 1.99 B in debt with debt to equity (D/E) ratio of 0.09, which may show that the company is not taking advantage of profits from borrowing. Agnico Eagle Mines has a current ratio of 2.13, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Agnico to invest in growth at high rates of return.

Dividends Paid

670.57 Million
Agnico Eagle Mines (AEM) is traded on New York Stock Exchange in USA. It is located in 145 King Street East, Toronto, ON, Canada, M5C 2Y7 and employs 44 people. Agnico Eagle is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 32.97 B. Agnico Eagle Mines runs under Metals & Mining sector within Materials industry. The entity has 498.19 M outstanding shares of which 7.99 M shares are presently shorted by investors with about 2.6 days to cover. Agnico Eagle Mines has about 658.62 M in cash with 2.65 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.82.
Check Agnico Eagle Probability Of Bankruptcy
Ownership Allocation
Agnico Eagle holds a total of 498.19 Million outstanding shares. The majority of Agnico Eagle Mines outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Agnico Eagle Mines to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Agnico Eagle. Please pay attention to any change in the institutional holdings of Agnico Eagle Mines as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Agnico Ownership Details

Agnico Stock Institutional Holders

InstituionRecorded OnShares
Arnhold & S. Bleichroeder Advisers, Llc2024-03-31
6.9 M
Amundi2023-12-31
6.4 M
Norges Bank2023-12-31
5.9 M
Cibc Global Asset Management Inc2024-03-31
5.8 M
Manufacturers Life Insurance Co2023-12-31
5.5 M
Td Asset Management Inc2024-03-31
5.3 M
Amvescap Plc.2023-12-31
4.9 M
Neuberger Berman Group Llc2024-03-31
4.9 M
Legal & General Group Plc2023-12-31
3.6 M
Van Eck Associates Corporation2024-03-31
22.3 M
Fidelity International Ltd2023-12-31
20.1 M
View Agnico Eagle Diagnostics

Agnico Eagle Historical Income Statement

At this time, Agnico Eagle's Income Before Tax is very stable compared to the past year. As of the 7th of June 2024, Net Income is likely to grow to about 2 B, while Selling And Marketing Expenses is likely to drop about 4.2 M. View More Fundamentals

Agnico Stock Against Markets

Agnico Eagle Corporate Directors

Leanne BakerIndependent DirectorProfile
Mel LeidermanIndependent DirectorProfile
Leona AglukkaqIndependent DirectorProfile
Deborah McCombeIndependent DirectorProfile

Already Invested in Agnico Eagle Mines?

The danger of trading Agnico Eagle Mines is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Agnico Eagle is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Agnico Eagle. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Agnico Eagle Mines is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Information and Resources on Investing in Agnico Stock

When determining whether Agnico Eagle Mines is a strong investment it is important to analyze Agnico Eagle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Agnico Eagle's future performance. For an informed investment choice regarding Agnico Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agnico Eagle Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Agnico Eagle. If investors know Agnico will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Agnico Eagle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.82)
Dividend Share
1.6
Earnings Share
0.79
Revenue Per Share
14.009
Quarterly Revenue Growth
0.212
The market value of Agnico Eagle Mines is measured differently than its book value, which is the value of Agnico that is recorded on the company's balance sheet. Investors also form their own opinion of Agnico Eagle's value that differs from its market value or its book value, called intrinsic value, which is Agnico Eagle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Agnico Eagle's market value can be influenced by many factors that don't directly affect Agnico Eagle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Agnico Eagle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agnico Eagle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agnico Eagle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.