Agnico Eagle Mines Limited (TSE:AEM – Get Free Report) (NYSE:AEM) has received a consensus recommendation of “Buy” from the five ratings firms that are currently covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a buy rating. The average 12 month target price among analysts that have issued a report on the stock in the last year is C$100.63.
Several brokerages have commented on AEM. National Bank Financial reissued an “outperform overweight” rating on shares of Agnico Eagle Mines in a report on Monday, April 8th. National Bankshares set a C$104.00 price target on shares of Agnico Eagle Mines and gave the company an “outperform” rating in a report on Monday, June 24th. Cormark raised their price target on shares of Agnico Eagle Mines from C$110.00 to C$115.00 in a report on Monday, June 24th. Eight Capital set a C$105.00 price objective on shares of Agnico Eagle Mines and gave the stock a “buy” rating in a report on Monday, June 24th. Finally, Canaccord Genuity Group lifted their price objective on shares of Agnico Eagle Mines from C$92.00 to C$105.00 in a report on Tuesday, April 23rd.
Check Out Our Latest Stock Report on AEM
Insiders Place Their Bets
Agnico Eagle Mines Stock Down 1.6 %
Agnico Eagle Mines stock opened at C$89.48 on Tuesday. Agnico Eagle Mines has a 1-year low of C$59.36 and a 1-year high of C$96.20. The firm has a market capitalization of C$44.58 billion, a price-to-earnings ratio of 82.85, a P/E/G ratio of 22.97 and a beta of 1.04. The company has a current ratio of 2.21, a quick ratio of 0.89 and a debt-to-equity ratio of 10.14. The firm has a 50 day simple moving average of C$90.85 and a 200 day simple moving average of C$78.87.
Agnico Eagle Mines (TSE:AEM – Get Free Report) (NYSE:AEM) last released its quarterly earnings data on Thursday, April 25th. The company reported C$1.02 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.82 by C$0.20. Agnico Eagle Mines had a net margin of 6.79% and a return on equity of 2.39%. The business had revenue of C$2.47 billion during the quarter, compared to analyst estimates of C$2.20 billion. On average, analysts predict that Agnico Eagle Mines will post 4.3937412 earnings per share for the current year.
Agnico Eagle Mines Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, June 14th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date was Friday, May 31st. Agnico Eagle Mines’s payout ratio is currently 199.07%.
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.
Featured Stories
- Five stocks we like better than Agnico Eagle Mines
- 3 Warren Buffett Stocks to Buy Now
- These Top 3 Banks Raise Dividends After Passing Fed Stress Test
- The Role Economic Reports Play in a Successful Investment Strategy
- Hitch a Ride with Lyft Stock for Double-Digit Gains in 2nd Half
- What is the FTSE 100 index?
- Eli Lilly Stock Up: GLP-1 Zepbound Targets Sleep Apnea Market
Receive News & Ratings for Agnico Eagle Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agnico Eagle Mines and related companies with MarketBeat.com's FREE daily email newsletter.