National Bank Financial Estimates AEM Q4 Earnings

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Analysts at National Bank Financial issued their Q4 2024 earnings estimates for shares of Agnico Eagle Mines in a report released on Monday, February 10th. National Bank Financial analyst M. Parkin forecasts that the mining company will post earnings per share of $1.19 for the quarter. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $4.14 per share. National Bank Financial also issued estimates for Agnico Eagle Mines’ FY2025 earnings at $5.67 EPS.

A number of other research analysts have also recently weighed in on AEM. Scotiabank lifted their price target on shares of Agnico Eagle Mines from $103.00 to $105.00 and gave the company a “sector outperform” rating in a research report on Tuesday, January 21st. Royal Bank of Canada raised their target price on shares of Agnico Eagle Mines from $96.00 to $105.00 and gave the company an “outperform” rating in a research note on Tuesday. Finally, Jefferies Financial Group upped their price target on shares of Agnico Eagle Mines from $85.00 to $88.00 and gave the stock a “hold” rating in a research report on Tuesday, January 7th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Agnico Eagle Mines currently has a consensus rating of “Moderate Buy” and an average price target of $92.75.

Agnico Eagle Mines Trading Down 2.1 %

Shares of AEM opened at $98.42 on Wednesday. Agnico Eagle Mines has a twelve month low of $44.37 and a twelve month high of $101.45. The firm has a market capitalization of $49.43 billion, a P/E ratio of 49.21, a price-to-earnings-growth ratio of 0.66 and a beta of 1.10. The company has a current ratio of 1.75, a quick ratio of 0.83 and a debt-to-equity ratio of 0.06. The stock’s fifty day simple moving average is $85.67 and its 200 day simple moving average is $82.78.

Hedge Funds Weigh In On Agnico Eagle Mines

A number of institutional investors have recently added to or reduced their stakes in AEM. Duncker Streett & Co. Inc. increased its position in shares of Agnico Eagle Mines by 37.3% during the fourth quarter. Duncker Streett & Co. Inc. now owns 412 shares of the mining company’s stock worth $32,000 after acquiring an additional 112 shares during the last quarter. Pinnacle Wealth Management Group Inc. grew its stake in Agnico Eagle Mines by 0.5% during the 4th quarter. Pinnacle Wealth Management Group Inc. now owns 24,407 shares of the mining company’s stock valued at $1,909,000 after purchasing an additional 125 shares in the last quarter. Diversify Wealth Management LLC grew its stake in Agnico Eagle Mines by 2.1% during the 4th quarter. Diversify Wealth Management LLC now owns 6,753 shares of the mining company’s stock valued at $569,000 after purchasing an additional 141 shares in the last quarter. Sapient Capital LLC increased its holdings in Agnico Eagle Mines by 1.3% during the 3rd quarter. Sapient Capital LLC now owns 11,001 shares of the mining company’s stock worth $886,000 after purchasing an additional 145 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its position in shares of Agnico Eagle Mines by 34.1% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 649 shares of the mining company’s stock valued at $51,000 after purchasing an additional 165 shares in the last quarter. Institutional investors and hedge funds own 68.34% of the company’s stock.

Agnico Eagle Mines Company Profile

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.