National Bank Financial Predicts TSE:AEM Q4 Earnings

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Investment 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 forecasts that the company will post earnings of $1.70 per share for the quarter. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share.

Several other research firms also recently commented on AEM. Stifel Nicolaus upped their price objective on shares of Agnico Eagle Mines from C$114.00 to C$140.00 in a report on Monday, October 21st. National Bankshares upped their price target 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. Four investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of C$116.00.

Agnico Eagle Mines Stock Down 2.3 %

AEM stock opened at C$140.51 on Wednesday. The stock has a fifty day moving average of C$122.93 and a 200-day moving average of C$114.98. Agnico Eagle Mines has a fifty-two week low of C$60.17 and a fifty-two week high of C$145.25. The company has a market capitalization of C$70.40 billion, a price-to-earnings ratio of 87.82, a PEG ratio of 22.97 and a beta of 1.10. The company has a debt-to-equity ratio of 9.94, a quick ratio of 0.89 and a current ratio of 1.51.

Insider Activity

In other news, Senior Officer Ammar Al-Joundi sold 19,900 shares of the company’s stock in a transaction on Thursday, November 14th. The shares were sold at an average price of C$109.25, for a total value of C$2,174,075.00. Also, Director John Merfyn Roberts sold 2,000 shares of Agnico Eagle Mines stock in a transaction on Monday, January 13th. The shares were sold at an average price of C$118.43, for a total value of C$236,860.00. Insiders have sold a total of 99,544 shares of company stock worth $11,594,442 over the last ninety days. Company insiders own 0.08% of the company’s stock.

About Agnico Eagle Mines

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.