Agnico Eagle Mines Limited (TSE:AEM – Free Report) (NYSE:AEM) – Investment analysts at National Bank Financial reduced their FY2024 earnings per share (EPS) estimates for shares of Agnico Eagle Mines in a report released on Monday, February 10th. National Bank Financial analyst M. Parkin now forecasts that the company will post earnings of $5.95 per share for the year, down from their prior forecast of $6.02. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share. National Bank Financial also issued estimates for Agnico Eagle Mines’ FY2025 earnings at $8.11 EPS.
A number of other research analysts also recently commented on AEM. Stifel Nicolaus raised their target price on shares of Agnico Eagle Mines from C$114.00 to C$140.00 in a research report on Monday, October 21st. National Bankshares lifted their price objective on shares of 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. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of C$116.00.
Agnico Eagle Mines Stock Performance
Shares of Agnico Eagle Mines stock opened at C$142.23 on Thursday. The company has a current ratio of 1.51, a quick ratio of 0.89 and a debt-to-equity ratio of 9.94. The stock’s fifty day moving average price is C$123.37 and its 200-day moving average price is C$115.25. The firm has a market cap of C$71.26 billion, a P/E ratio of 88.89, a P/E/G ratio of 22.97 and a beta of 1.10. Agnico Eagle Mines has a 12 month low of C$60.17 and a 12 month high of C$145.25.
Insider Activity
In other Agnico Eagle Mines news, Senior Officer Guy Gosselin sold 22,500 shares of the stock in a transaction dated Thursday, January 9th. The stock was sold at an average price of C$121.80, for a total value of C$2,740,500.00. Also, Director Martine Celej sold 2,208 shares of the firm’s stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of C$111.84, for a total value of C$246,942.72. In the last ninety days, insiders have sold 79,644 shares of company stock worth $9,420,367. Corporate 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.
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