Equities Analysts Offer Predictions for TSE:AEM Q4 Earnings

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Investment analysts at Raymond James increased their Q4 2024 earnings estimates for shares of Agnico Eagle Mines in a research note issued to investors on Monday, February 3rd. Raymond James analyst F. Hamed now anticipates that the company will post earnings per share of $1.68 for the quarter, up from their previous forecast of $1.47. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share. Raymond James also issued estimates for Agnico Eagle Mines’ Q1 2025 earnings at $1.64 EPS, Q2 2025 earnings at $1.64 EPS, Q3 2025 earnings at $1.64 EPS, Q4 2025 earnings at $1.64 EPS and FY2025 earnings at $6.57 EPS.

Several other analysts have also issued reports on AEM. National Bankshares boosted their price target on shares of Agnico Eagle Mines from C$143.00 to C$144.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Stifel Nicolaus lifted their price target on Agnico Eagle Mines from C$114.00 to C$140.00 in a research report on Monday, October 21st. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$116.00.

Agnico Eagle Mines Trading Up 3.2 %

Shares of AEM opened at C$141.14 on Thursday. The firm has a market cap of C$70.72 billion, a P/E ratio of 88.21, a price-to-earnings-growth ratio of 22.97 and a beta of 1.10. Agnico Eagle Mines has a fifty-two week low of C$60.17 and a fifty-two week high of C$142.39. The company has a debt-to-equity ratio of 9.94, a quick ratio of 0.89 and a current ratio of 1.51. The business has a 50-day moving average of C$121.06 and a 200 day moving average of C$113.86.

Insider Transactions at Agnico Eagle Mines

In other news, Senior Officer Ammar Al-Joundi sold 20,000 shares of the business’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of C$118.94, for a total transaction of C$2,378,852.00. Also, Director John Merfyn Roberts sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of C$118.43, for a total transaction of C$236,860.00. Over the last quarter, insiders have sold 114,616 shares of company stock valued at $13,256,431. 0.08% of the stock is currently owned by company insiders.

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.