Q4 EPS Estimate for Agnico Eagle Mines Boosted by Analyst

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Stock analysts at Raymond James lifted their Q4 2024 EPS estimates for shares of Agnico Eagle Mines in a report issued on Monday, February 3rd. Raymond James analyst F. Hamed now expects that the company will post earnings of $1.68 per share for the quarter, up from their prior estimate of $1.47. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share. Raymond James also issued estimates for Agnico Eagle Mines’ Q1 2025 earnings at $1.64 EPS, Q2 2025 earnings at $1.64 EPS, Q3 2025 earnings at $1.64 EPS, Q4 2025 earnings at $1.64 EPS and FY2025 earnings at $6.57 EPS.

Several other equities research analysts have also recently weighed in on the company. National Bankshares increased their target price on Agnico Eagle Mines from C$143.00 to C$144.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Stifel Nicolaus increased their price objective on Agnico Eagle Mines from C$114.00 to C$140.00 in a research note on Monday, October 21st. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of C$116.00.

Agnico Eagle Mines Stock Up 3.2 %

Shares of TSE:AEM opened at C$141.14 on Thursday. The stock has a market capitalization of C$70.72 billion, a P/E ratio of 88.21, a price-to-earnings-growth ratio of 22.97 and a beta of 1.10. The stock’s 50-day moving average price is C$121.06 and its 200-day moving average price is C$113.86. 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$142.39.

Insider Buying and Selling at Agnico Eagle Mines

In other Agnico Eagle Mines news, Senior Officer Ammar Al-Joundi sold 20,000 shares of the business’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of C$118.94, for a total transaction of C$2,378,852.00. Also, Senior Officer Jean Robitaille sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of C$122.00, for a total transaction of C$1,220,000.00. Insiders sold 114,616 shares of company stock valued at $13,256,431 in the last 90 days. 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.