Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Sweden, and Finland. More Details
Solid track record with adequate balance sheet and pays a dividend.
Share Price & News
How has Agnico Eagle Mines's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AEM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: AEM's weekly volatility (5%) has been stable over the past year.
7 Day Return
US Metals and Mining
1 Year Return
US Metals and Mining
Return vs Industry: AEM underperformed the US Metals and Mining industry which returned 76.2% over the past year.
Return vs Market: AEM underperformed the US Market which returned 42.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Agnico Eagle Mines's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs Agnico Eagle Mines Limited (NYSE:AEM) Popular Amongst Institutions?
2 weeks ago | Simply Wall StAre Agnico Eagle Mines Limited (NYSE:AEM) Investors Paying Above The Intrinsic Value?
1 month ago | Simply Wall StHere's What We Like About Agnico Eagle Mines' (NYSE:AEM) Upcoming Dividend
Is Agnico Eagle Mines undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AEM ($62.42) is trading above our estimate of fair value ($55.72)
Significantly Below Fair Value: AEM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AEM is poor value based on its PE Ratio (22.6x) compared to the US Metals and Mining industry average (16.3x).
PE vs Market: AEM is poor value based on its PE Ratio (22.6x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: AEM's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: AEM is overvalued based on its PB Ratio (2.7x) compared to the US Metals and Mining industry average (2.4x).
How is Agnico Eagle Mines forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AEM's earnings are forecast to decline over the next 3 years (-1.7% per year).
Earnings vs Market: AEM's earnings are forecast to decline over the next 3 years (-1.7% per year).
High Growth Earnings: AEM's earnings are forecast to decline over the next 3 years.
Revenue vs Market: AEM's revenue is expected to decline over the next 3 years (-0.9% per year).
High Growth Revenue: AEM's revenue is forecast to decline over the next 3 years (-0.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AEM's Return on Equity is forecast to be low in 3 years time (8.6%).
How has Agnico Eagle Mines performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AEM has high quality earnings.
Growing Profit Margin: AEM's current net profit margins (19.7%) are higher than last year (15.7%).
Past Earnings Growth Analysis
Earnings Trend: AEM's earnings have grown significantly by 26% per year over the past 5 years.
Accelerating Growth: AEM's earnings growth over the past year (61.5%) exceeds its 5-year average (26% per year).
Earnings vs Industry: AEM earnings growth over the past year (61.5%) exceeded the Metals and Mining industry 21.4%.
Return on Equity
High ROE: AEM's Return on Equity (11.8%) is considered low.
How is Agnico Eagle Mines's financial position?
Financial Position Analysis
Short Term Liabilities: AEM's short term assets ($1.0B) exceed its short term liabilities ($455.3M).
Long Term Liabilities: AEM's short term assets ($1.0B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: AEM's debt to equity ratio (27.5%) is considered satisfactory.
Reducing Debt: AEM's debt to equity ratio has increased from 25.3% to 27.5% over the past 5 years.
Debt Coverage: AEM's debt is well covered by operating cash flow (88.5%).
Interest Coverage: AEM's interest payments on its debt are well covered by EBIT (14.6x coverage).
What is Agnico Eagle Mines's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AEM's dividend (2.24%) is higher than the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: AEM's dividend (2.24%) is low compared to the top 25% of dividend payers in the US market (3.46%).
Stability and Growth of Payments
Stable Dividend: AEM's dividend payments have been volatile in the past 10 years.
Growing Dividend: AEM's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (39.8%), AEM's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AEM's dividends in 3 years are forecast to be well covered by earnings (43.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sean Boyd (61 yo)
Mr. Sean Boyd, C.A., CPA, FCPA, FCA, has been with Agnico Eagle Mines Limited since 1985 and has been its Chief Executive Officer since 1998, Vice Chairman since December 1, 2005 and has been its Director ...
CEO Compensation Analysis
Compensation vs Market: Sean's total compensation ($USD10.59M) is about average for companies of similar size in the US market ($USD11.28M).
Compensation vs Earnings: Sean's compensation has been consistent with company performance over the past year.
Experienced Management: AEM's management team is seasoned and experienced (6.2 years average tenure).
Experienced Board: AEM's board of directors are seasoned and experienced ( 10.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AEM insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Agnico Eagle Mines Limited's company bio, employee growth, exchange listings and data sources
- Name: Agnico Eagle Mines Limited
- Ticker: AEM
- Exchange: NYSE
- Founded: 1953
- Industry: Gold
- Sector: Materials
- Market Cap: US$15.172b
- Shares outstanding: 243.06m
- Website: https://www.agnicoeagle.com
Number of Employees
- Agnico Eagle Mines Limited
- 145 King Street East
- Suite 400
- M5C 2Y7
Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Sweden, and Finland. The company operates through Northern Business and Southern Business...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/24 03:58|
|End of Day Share Price||2021/06/23 00:00|
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 here.