Analysts Offer Predictions for TSE:AEM FY2028 Earnings

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Research analysts at Stifel Canada issued their FY2028 earnings per share (EPS) estimates for Agnico Eagle Mines in a report issued on Wednesday, March 19th. Stifel Canada analyst R. Profiti forecasts that the company will post earnings of $3.75 per share for the year. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share.

A number of other research firms have also recently commented on AEM. Royal Bank of Canada boosted their price objective on Agnico Eagle Mines to C$105.00 and gave the company a “buy” rating in a research report on Thursday, March 6th. National Bankshares boosted their price objective on Agnico Eagle Mines from C$160.00 to C$190.00 and gave the company an “outperform” rating in a research report on Wednesday. Four research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of C$128.71.

Agnico Eagle Mines Stock Down 0.1 %

Agnico Eagle Mines stock opened at C$151.13 on Thursday. The stock has a market capitalization of C$53.44 billion, a PE ratio of 53.10, a price-to-earnings-growth ratio of 22.97 and a beta of 1.10. Agnico Eagle Mines has a 12 month low of C$73.43 and a 12 month high of C$153.94. The business has a 50 day simple moving average of C$136.29 and a 200-day simple moving average of C$121.79. The company has a debt-to-equity ratio of 7.88, a current ratio of 1.75 and a quick ratio of 0.89.

Agnico Eagle Mines Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, March 14th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend was Friday, February 28th. Agnico Eagle Mines’s payout ratio is 76.24%.

Insider Buying and Selling

In related news, Senior Officer Ammar Al-Joundi sold 17,936 shares of the business’s stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of C$111.84, for a total transaction of C$2,005,962.24. Also, Director Martine Celej sold 2,208 shares of the business’s stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of C$111.84, for a total value of C$246,942.72. Over the last ninety days, insiders sold 80,269 shares of company stock worth $9,879,772. 0.08% of the stock is owned by corporate insiders.

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.