National Bank Financial Forecasts TSE:AEM Q4 Earnings

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Research analysts at National Bank Financial issued their Q4 2024 earnings per share estimates for Agnico Eagle Mines in a research report issued to clients and investors on Monday, February 10th. National Bank Financial analyst M. Parkin expects that the company will earn $1.70 per share for the quarter. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share.

Other research analysts have also issued reports about the stock. National Bankshares raised their price objective on shares of Agnico Eagle Mines from C$143.00 to C$144.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Stifel Nicolaus raised their price target on shares of Agnico Eagle Mines from C$114.00 to C$140.00 in a research report on Monday, October 21st. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of C$116.00.

Agnico Eagle Mines Stock Performance

TSE AEM opened at C$140.51 on Wednesday. The company has a market cap of C$70.40 billion, a P/E ratio of 87.82, a PEG ratio of 22.97 and a beta of 1.10. The company has a fifty day simple moving average of C$122.93 and a 200 day simple moving average of C$114.98. The company has a current ratio of 1.51, a quick ratio of 0.89 and a debt-to-equity ratio of 9.94. Agnico Eagle Mines has a 12-month low of C$60.17 and a 12-month high of C$145.25.

Insider Activity

In related news, Senior Officer Ammar Al-Joundi sold 19,900 shares of the stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of C$109.25, for a total transaction of C$2,174,075.00. Also, Senior Officer Jean Robitaille sold 5,000 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of C$118.25, for a total value of C$591,250.00. Insiders sold a total of 99,544 shares of company stock worth $11,594,442 over the last quarter. Insiders own 0.08% 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.