FY2025 EPS Forecast for Agnico Eagle Mines Raised by Analyst

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Research analysts at Stifel Canada upped their FY2025 earnings per share estimates for shares of Agnico Eagle Mines in a research note issued on Monday, October 21st. Stifel Canada analyst I. Rico now forecasts that the mining company will earn $5.57 per share for the year, up from their previous estimate of $3.99. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $3.88 per share. Stifel Canada also issued estimates for Agnico Eagle Mines’ FY2026 earnings at $4.79 EPS.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last posted its quarterly earnings results on Wednesday, July 31st. The mining company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.14. Agnico Eagle Mines had a net margin of 8.44% and a return on equity of 7.16%. The firm had revenue of $2.08 billion for the quarter, compared to analyst estimates of $2.03 billion. During the same period in the prior year, the firm posted $0.65 earnings per share. The company’s quarterly revenue was up 20.9% compared to the same quarter last year.

AEM has been the topic of a number of other research reports. UBS Group began coverage on Agnico Eagle Mines in a research report on Tuesday, September 17th. They set a “buy” rating and a $95.00 price target on the stock. Royal Bank of Canada increased their price target on Agnico Eagle Mines from $80.00 to $87.00 and gave the company an “outperform” rating in a research note on Tuesday, September 10th. Scotiabank raised their price target on Agnico Eagle Mines from $81.00 to $94.00 and gave the company a “sector outperform” rating in a report on Monday, August 19th. StockNews.com upgraded shares of Agnico Eagle Mines from a “hold” rating to a “buy” rating in a report on Thursday, June 27th. Finally, TD Securities raised their target price on shares of Agnico Eagle Mines from $90.00 to $91.00 and gave the stock a “buy” rating in a research note on Friday, August 2nd. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $86.78.

Agnico Eagle Mines Stock Down 0.7 %

Shares of AEM stock opened at $87.97 on Thursday. Agnico Eagle Mines has a 52-week low of $44.37 and a 52-week high of $89.00. The stock has a market cap of $44.01 billion, a price-to-earnings ratio of 92.60, a PEG ratio of 0.71 and a beta of 1.10. The firm’s 50-day moving average is $81.64 and its 200-day moving average is $73.06. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.76 and a current ratio of 1.51.

Institutional Trading of Agnico Eagle Mines

Hedge funds and other institutional investors have recently bought and sold shares of the business. Continuum Advisory LLC increased its holdings in shares of Agnico Eagle Mines by 1,134.4% during the second quarter. Continuum Advisory LLC now owns 395 shares of the mining company’s stock worth $26,000 after purchasing an additional 363 shares during the period. Stephens Consulting LLC bought a new position in Agnico Eagle Mines during the 1st quarter worth $30,000. Abich Financial Wealth Management LLC acquired a new position in Agnico Eagle Mines in the 2nd quarter valued at $32,000. FSC Wealth Advisors LLC bought a new stake in shares of Agnico Eagle Mines during the 3rd quarter valued at $32,000. Finally, McClarren Financial Advisors Inc. grew its holdings in shares of Agnico Eagle Mines by 684.6% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 510 shares of the mining company’s stock worth $41,000 after purchasing an additional 445 shares in the last quarter. 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.