Agnico Eagle Mines (AEM) Projected to Post Earnings on Thursday

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) is anticipated to post its quarterly earnings results after the market closes on Thursday, February 13th. Analysts expect Agnico Eagle Mines to post earnings of $1.70 per share and revenue of $2.27 billion for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Agnico Eagle Mines Price Performance

Shares of NYSE AEM opened at $98.58 on Thursday. The stock’s 50-day simple moving average is $84.49 and its 200-day simple moving average is $82.02. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.83 and a current ratio of 1.75. The firm has a market capitalization of $49.51 billion, a PE ratio of 49.29, a price-to-earnings-growth ratio of 0.62 and a beta of 1.10. Agnico Eagle Mines has a fifty-two week low of $44.37 and a fifty-two week high of $99.70.

Wall Street Analysts Forecast Growth

AEM has been the subject of several recent analyst reports. Jefferies Financial Group boosted their price objective on shares of Agnico Eagle Mines from $85.00 to $88.00 and gave the stock a “hold” rating in a research report on Tuesday, January 7th. Scotiabank boosted their price target on shares of Agnico Eagle Mines from $103.00 to $105.00 and gave the company a “sector outperform” rating in a research report on Tuesday, January 21st. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $90.50.

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.