Agnico Eagle Mines Limited

LSE:0R2J Stock Report

Market Cap: CA$139.2b

Agnico Eagle Mines Valuation

Is 0R2J undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0R2J when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: 0R2J (CA$272.12) is trading above our estimate of future cash flow value (CA$206.9)

Significantly Below Future Cash Flow Value: 0R2J is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0R2J?

Key metric: As 0R2J is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0R2J. This is calculated by dividing 0R2J's market cap by their current earnings.
What is 0R2J's PE Ratio?
PE Ratio17x
EarningsUS$5.87b
Market CapUS$100.03b

Price to Earnings Ratio vs Peers

How does 0R2J's PE Ratio compare to its peers?

The above table shows the PE ratio for 0R2J vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.9x
HOC Hochschild Mining
13.3x22.56%UK£3.0b
PAF Pan African Resources
13.6x13.12%UK£2.4b
GLEN Glencore
16.8x2.61%UK£67.6b
ANTO Antofagasta
28.1x12.06%UK£34.5b
0R2J Agnico Eagle Mines
17x-4.92%CA$100.0b

Price-To-Earnings vs Peers: 0R2J is good value based on its Price-To-Earnings Ratio (17x) compared to the peer average (17.9x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does 0R2J's PE Ratio compare vs other companies in the GB Metals and Mining Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NLMK Novolipetsk Steel
0.8xn/aUS$4.08b
EVR EVRAZ
0.4xn/aUS$1.42b
EUZ Europa Metals
0.5xn/aUS$1.41m
EVA Evrima
0.9xn/aUS$371.97k
No more companies available in this PE range
0R2J 17.0xIndustry Avg. 13.3xNo. of Companies4PE0816243240+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0R2J is expensive based on its Price-To-Earnings Ratio (17x) compared to the UK Metals and Mining industry average (13.6x).

Price to Earnings Ratio vs Fair Ratio

What is 0R2J's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0R2J PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17x
Fair PE Ratio18.6x

Price-To-Earnings vs Fair Ratio: 0R2J is good value based on its Price-To-Earnings Ratio (17x) compared to the estimated Fair Price-To-Earnings Ratio (18.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0R2J forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$272.12
CA$296.19
+8.85%
23.81%CA$413.50CA$119.92n/a14
Sep ’27CA$274.94
CA$297.95
+8.37%
23.83%CA$415.79CA$120.58n/a14
Aug ’27CA$203.79
CA$300.85
+47.63%
23.95%CA$420.53CA$121.95n/a14
Jul ’27CA$219.12
CA$342.57
+56.34%
24.69%CA$440.65CA$132.20n/a14
Jun ’27CA$245.24
CA$350.53
+42.94%
22.82%CA$455.06CA$128.24n/a15
May ’27CA$251.23
CA$344.07
+36.95%
23.73%CA$452.47CA$126.41n/a14
Apr ’27CA$295.47
CA$352.68
+19.36%
23.90%CA$462.37CA$124.97n/a14
Mar ’27CA$341.43
CA$333.13
-2.43%
22.41%CA$450.12CA$122.76n/a14
Feb ’27CA$261.68
CA$301.83
+15.34%
21.64%CA$375.81CA$108.93n/a12
Jan ’27CA$233.81
CA$270.48
+15.68%
22.07%CA$349.96CA$96.07n/a12
Dec ’26CA$241.43
CA$273.49
+13.28%
21.41%CA$357.02CA$98.01n/a13
Nov ’26CA$225.88
CA$264.80
+17.23%
23.83%CA$357.65CA$98.18n/a13
Oct ’26CA$237.76
CA$219.47
-7.69%
27.69%CA$355.52CA$92.02n/a12
Sep ’26CA$197.74
CA$197.74
-0.00083%
21.96%CA$287.03CA$90.64CA$274.9412
Aug ’26CA$172.30
CA$192.78
+11.89%
18.75%CA$238.68CA$91.06CA$203.7912
Jul ’26CA$159.70
CA$179.17
+12.19%
19.58%CA$236.08CA$84.61CA$219.1212
Jun ’26CA$161.32
CA$173.46
+7.53%
18.96%CA$219.01CA$85.10CA$245.2412
May ’26CA$161.19
CA$174.96
+8.54%
18.96%CA$220.90CA$85.83CA$251.2312
Apr ’26CA$153.63
CA$154.08
+0.30%
18.83%CA$200.32CA$82.99CA$295.4711
Mar ’26CA$133.66
CA$148.54
+11.13%
16.91%CA$184.53CA$83.90CA$341.4311
Feb ’26CA$137.68
CA$146.80
+6.63%
17.01%CA$184.40CA$84.31CA$261.6811
Jan ’26CA$111.93
CA$144.32
+28.94%
17.19%CA$182.43CA$83.41CA$233.8111
Dec ’25CA$118.54
CA$138.86
+17.15%
18.39%CA$179.03CA$78.41CA$241.4311
Nov ’25CA$119.37
CA$133.20
+11.59%
17.24%CA$178.45CA$78.16CA$225.8811
Oct ’25CA$110.11
CA$120.53
+9.46%
15.38%CA$136.27CA$75.55CA$237.7611
Sep ’25CA$111.08
CA$110.58
-0.45%
16.49%CA$137.33CA$76.14CA$197.7411
CA$296.99
Fair Value
8.4% undervalued intrinsic discount
14
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/15 03:32
End of Day Share Price 2026/09/15 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Agnico Eagle Mines Limited is covered by 39 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harriet LiAccountability Research Corporation
Richard GrayATB Cormark
Farooq HamedBarclays