U S Global Investors Inc. Purchases 29,133 Shares of Agnico Eagle Mines Limited $AEM

U S Global Investors Inc. boosted its position in shares of Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) by 97.1% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 59,133 shares of the mining company’s stock after acquiring an additional 29,133 shares during the quarter. Agnico Eagle Mines accounts for 1.4% of U S Global Investors Inc.’s portfolio, making the stock its 23rd biggest holding. U S Global Investors Inc.’s holdings in Agnico Eagle Mines were worth $12,003,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of AEM. Acumen Wealth Advisors LLC purchased a new position in Agnico Eagle Mines in the fourth quarter worth about $26,000. Abound Wealth Management grew its stake in shares of Agnico Eagle Mines by 99.0% during the 4th quarter. Abound Wealth Management now owns 209 shares of the mining company’s stock valued at $35,000 after purchasing an additional 104 shares during the period. Lodestone Wealth Management LLC purchased a new stake in shares of Agnico Eagle Mines during the 4th quarter valued at about $35,000. Jessup Wealth Management Inc purchased a new stake in shares of Agnico Eagle Mines during the 4th quarter valued at about $35,000. Finally, Bangor Savings Bank bought a new position in shares of Agnico Eagle Mines in the 4th quarter worth approximately $37,000. Institutional investors own 68.34% of the company’s stock.

Agnico Eagle Mines Stock Performance

AEM traded down $2.30 during midday trading on Friday, reaching $146.73. The company had a trading volume of 1,724,898 shares, compared to its average volume of 2,802,878. The business has a 50-day moving average of $170.07 and a two-hundred day moving average of $192.84. The company has a quick ratio of 2.18, a current ratio of 3.15 and a debt-to-equity ratio of 0.01. Agnico Eagle Mines Limited has a 1 year low of $116.83 and a 1 year high of $255.24. The company has a market cap of $74.47 billion, a P/E ratio of 13.79, a P/E/G ratio of 1.93 and a beta of 0.60.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last posted its quarterly earnings data on Thursday, April 30th. The mining company reported $3.40 earnings per share for the quarter, beating analysts’ consensus estimates of $3.19 by $0.21. The firm had revenue of $4 billion for the quarter, compared to analysts’ expectations of $3.96 billion. Agnico Eagle Mines had a return on equity of 21.09% and a net margin of 39.46%.The business’s quarterly revenue was up 66.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.53 EPS. As a group, equities research analysts predict that Agnico Eagle Mines Limited will post 12.61 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. TD raised their price objective on shares of Agnico Eagle Mines from $251.00 to $252.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. JPMorgan Chase & Co. upped their target price on shares of Agnico Eagle Mines from $220.00 to $222.00 and gave the company a “neutral” rating in a report on Monday, May 4th. Jefferies Financial Group upgraded shares of Agnico Eagle Mines from a “hold” rating to a “buy” rating and increased their price target for the stock from $187.00 to $200.00 in a research report on Monday, July 6th. Barclays dropped their price target on shares of Agnico Eagle Mines from $213.00 to $210.00 and set an “overweight” rating on the stock in a research note on Monday, July 6th. Finally, Royal Bank Of Canada cut their price objective on shares of Agnico Eagle Mines from $230.00 to $210.00 and set a “sector perform” rating for the company in a research report on Thursday. Twelve research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $238.31.

More Agnico Eagle Mines News

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

• Positive Sentiment: Bank of America cut its price target on Agnico Eagle Mines but kept a buy rating, implying meaningful upside from current levels and signaling that some analysts still like the company’s long-term outlook. Benzinga report on Bank of America price target update
• Positive Sentiment: Zacks highlighted Agnico Eagle as a stock investors are closely watching, which can reflect elevated interest ahead of potential catalysts such as operating updates, commodity moves, or analyst revisions. Zacks most-searched stocks article
• Neutral Sentiment: Scotiabank lowered its FY2027 EPS estimate for Agnico Eagle, which is a modest fundamental headwind, but its current-year earnings outlook remains well above the revised figure, suggesting the company is still expected to be profitable. MarketBeat earnings estimate update
• Neutral Sentiment: A comparison article framed Agnico Eagle as a lower-risk, high-margin gold miner versus peers, reinforcing its reputation for balance-sheet strength and premium operations, though it does not represent a direct company catalyst. Motley Fool comparison article
• Negative Sentiment: Agnico Eagle reported a rock mass movement at the Barnat open pit in Québec and temporarily halted mining there while geotechnical teams assess stability. Although no injuries or environmental damage were reported, the incident raises operational risk at a key asset. Yahoo Finance article on Barnat pit stability concerns
• Negative Sentiment: A Zacks note pointed out that Agnico Eagle shares have fallen sharply over the past three months as gold prices retreated, indicating that lower bullion prices remain a key drag on the stock. Zacks article on AEM stock decline

Agnico Eagle Mines Company Profile

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.