What is Scotiabank’s Forecast for AEM FY2026 Earnings?

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Investment analysts at Scotiabank issued their FY2026 EPS estimates for Agnico Eagle Mines in a research report issued on Wednesday, January 8th. Scotiabank analyst T. Jakusconek forecasts that the mining company will post earnings of $3.76 per share for the year. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $4.07 per share.

AEM has been the topic of several other research reports. UBS Group initiated coverage on shares of Agnico Eagle Mines in a report on Tuesday, September 17th. They issued a “buy” rating and a $95.00 target price on the stock. Jefferies Financial Group lifted their price objective on Agnico Eagle Mines from $85.00 to $88.00 and gave the company a “hold” rating in a report on Tuesday. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $87.11.

Agnico Eagle Mines Price Performance

Shares of NYSE AEM opened at $83.41 on Thursday. The stock has a fifty day moving average price of $81.82 and a 200 day moving average price of $79.45. Agnico Eagle Mines has a 1-year low of $44.37 and a 1-year high of $89.00. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 0.83. The company has a market cap of $41.86 billion, a PE ratio of 41.71, a P/E/G ratio of 0.68 and a beta of 1.08.

Hedge Funds Weigh In On Agnico Eagle Mines

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AEM. Acadian Asset Management LLC raised its position in shares of Agnico Eagle Mines by 448.6% during the 2nd quarter. Acadian Asset Management LLC now owns 39,500 shares of the mining company’s stock worth $2,580,000 after purchasing an additional 32,300 shares during the last quarter. Wedbush Securities Inc. acquired a new position in shares of Agnico Eagle Mines in the second quarter worth $665,000. Choreo LLC lifted its position in shares of Agnico Eagle Mines by 255.0% in the second quarter. Choreo LLC now owns 16,002 shares of the mining company’s stock valued at $1,042,000 after acquiring an additional 11,494 shares in the last quarter. Andra AP fonden acquired a new stake in shares of Agnico Eagle Mines during the second quarter valued at $5,161,000. Finally, Daiwa Securities Group Inc. purchased a new stake in Agnico Eagle Mines during the 2nd quarter worth about $396,000. Institutional investors and hedge funds own 68.34% 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.