Agnico Eagle Mines Limited (NYSE:AEM) Given Average Rating of “Moderate Buy” by Brokerages

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) has been assigned an average recommendation of “Moderate Buy” from the seventeen brokerages that are currently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $238.3077.

A number of equities research analysts recently commented on the stock. Canadian Imperial Bank of Commerce raised their price objective on shares of Agnico Eagle Mines from C$304.00 to C$310.00 and gave the company an “outperform” rating in a research report on Tuesday, May 26th. ATB Cormark Capital Markets raised Agnico Eagle Mines from a “hold” rating to an “outperform” rating in a research note on Monday, May 4th. Barclays reduced their price target on Agnico Eagle Mines from $213.00 to $210.00 and set an “overweight” rating for the company in a report on Monday, July 6th. JPMorgan Chase & Co. lifted their price target on Agnico Eagle Mines from $220.00 to $222.00 and gave the company a “neutral” rating in a research note on Monday, May 4th. Finally, Royal Bank Of Canada dropped their price objective on Agnico Eagle Mines from $230.00 to $210.00 and set a “sector perform” rating on the stock in a report on Thursday.

Hedge Funds Weigh In On Agnico Eagle Mines

A number of institutional investors and hedge funds have recently made changes to their positions in AEM. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of Agnico Eagle Mines by 42.9% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 65,404 shares of the mining company’s stock worth $11,088,000 after buying an additional 19,647 shares in the last quarter. Gunderson Capital Management Inc. increased its holdings in Agnico Eagle Mines by 187.6% during the 4th quarter. Gunderson Capital Management Inc. now owns 48,104 shares of the mining company’s stock valued at $8,155,000 after acquiring an additional 31,378 shares in the last quarter. TB Alternative Assets Ltd. increased its holdings in Agnico Eagle Mines by 34.2% during the 4th quarter. TB Alternative Assets Ltd. now owns 229,630 shares of the mining company’s stock valued at $38,929,000 after acquiring an additional 58,490 shares in the last quarter. Cannell & Spears LLC raised its position in Agnico Eagle Mines by 15.0% during the third quarter. Cannell & Spears LLC now owns 559,751 shares of the mining company’s stock worth $94,352,000 after acquiring an additional 72,932 shares during the last quarter. Finally, Bank of America Corp DE raised its position in Agnico Eagle Mines by 1.3% during the third quarter. Bank of America Corp DE now owns 5,635,979 shares of the mining company’s stock worth $950,001,000 after acquiring an additional 73,422 shares during the last quarter. 68.34% of the stock is owned by institutional investors and hedge funds.

Agnico Eagle Mines Stock Down 0.1%

Shares of Agnico Eagle Mines stock opened at $146.73 on Monday. Agnico Eagle Mines has a one year low of $116.83 and a one year high of $255.24. The company has a market cap of $74.47 billion, a P/E ratio of 13.79, a PEG ratio of 1.93 and a beta of 0.60. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.18 and a current ratio of 3.15. The firm has a fifty day moving average of $170.07 and a two-hundred day moving average of $192.93.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last issued its earnings results on Thursday, April 30th. The mining company reported $3.40 earnings per share for the quarter, beating the consensus estimate of $3.19 by $0.21. Agnico Eagle Mines had a net margin of 39.46% and a return on equity of 21.09%. The business had revenue of $4 billion for the quarter, compared to the consensus estimate of $3.96 billion. During the same quarter in the previous year, the firm earned $1.53 earnings per share. The business’s quarterly revenue was up 66.1% compared to the same quarter last year. On average, analysts forecast that Agnico Eagle Mines will post 12.44 earnings per share for the current year.

Agnico Eagle Mines News Roundup

Here are the key news stories impacting Agnico Eagle Mines this week:

• Positive Sentiment: Bank of America cut its price target on Agnico Eagle Mines but kept a buy rating, implying meaningful upside from current levels and signaling that some analysts still like the company’s long-term outlook. Benzinga report on Bank of America price target update
• Positive Sentiment: Zacks highlighted Agnico Eagle as a stock investors are closely watching, which can reflect elevated interest ahead of potential catalysts such as operating updates, commodity moves, or analyst revisions. Zacks most-searched stocks article
• Neutral Sentiment: Scotiabank lowered its FY2027 EPS estimate for Agnico Eagle, which is a modest fundamental headwind, but its current-year earnings outlook remains well above the revised figure, suggesting the company is still expected to be profitable. MarketBeat earnings estimate update
• Neutral Sentiment: A comparison article framed Agnico Eagle as a lower-risk, high-margin gold miner versus peers, reinforcing its reputation for balance-sheet strength and premium operations, though it does not represent a direct company catalyst. Motley Fool comparison article
• Negative Sentiment: Agnico Eagle reported a rock mass movement at the Barnat open pit in Québec and temporarily halted mining there while geotechnical teams assess stability. Although no injuries or environmental damage were reported, the incident raises operational risk at a key asset. Yahoo Finance article on Barnat pit stability concerns
• Negative Sentiment: A Zacks note pointed out that Agnico Eagle shares have fallen sharply over the past three months as gold prices retreated, indicating that lower bullion prices remain a key drag on the stock. Zacks article on AEM stock decline

About Agnico Eagle Mines

Agnico Eagle Mines Limited (NYSE: AEM) is a Canadian-based senior gold producer headquartered in Toronto, Ontario. The company is principally engaged in the exploration, development, production and reclamation of gold-bearing properties. Agnico Eagle pursues both greenfield and brownfield exploration to expand its resource base and operates a portfolio of producing mines and development projects to generate long-life gold production.

Its core business activities span the full mining lifecycle: grassroots and advanced-stage exploration, prefeasibility and feasibility studies, mine construction, underground and open-pit mining, ore processing and metal recovery, and post-mining reclamation and closure.