Agnico Eagle Mines Limited

NYSE:AEM Stock Report

Market Cap: US$90.0b

Agnico Eagle Mines Past Earnings Performance

Past criteria checks 6/6

Agnico Eagle Mines has been growing earnings at an average annual rate of 39.5%, while the Metals and Mining industry saw earnings declining at 3.2% annually. Revenues have been growing at an average rate of 24.9% per year. Agnico Eagle Mines's return on equity is 20.3%, and it has net margins of 39.5%.

Key information

39.48%

Earnings growth rate

27.27%

EPS growth rate

Metals and Mining Industry Growth26.40%
Revenue growth rate24.89%
Return on equity20.33%
Net Margin39.46%
Next Earnings Update29 Jul 2026

Recent past performance updates

Recent updates

AEM: Exploration And Dividend Momentum Will Drive Future Senior Gold Repricing

Agnico Eagle Mines' analyst price target has been trimmed by about $0.11 as analysts reassess forecasts, reflecting updated views on discount rates, revenue growth, profit margins and future P/E assumptions following a series of recent target changes and rating moves across the Street. Analyst Commentary Recent Street research on Agnico Eagle Mines shows a mix of target cuts and raises, with several bullish analysts highlighting reasons they see room for further value creation.

Agnico Eagle Mines (AEM): The Gold Standard Braces for a High-Output Verdict

Agnico Eagle Mines Limited (AEM) , the global vanguard of low-risk gold mining and the leading producer in Canada, enters the final week of April 2026 in a state of formidable operational momentum. The company is scheduled to release its Q1 2026 earnings report on Thursday, April 30, 2026, after the market closes.

Agnico Eagle: High Quality Comes At A High Price

Apr 20

AEM: Future Project Pipeline And Capital Returns Will Shape Bullish Outlook

Agnico Eagle Mines' analyst fair value estimate has shifted to $254.35 from $221.67, as analysts refreshed models and price targets based on updated metal price forecasts, company-specific pipeline views, and recent rating changes across major brokerages. Analyst Commentary Recent Street research on Agnico Eagle Mines shows both supportive and more cautious views, with several firms updating price targets and ratings around refreshed metal price forecasts and company specific modeling changes.

AEM: Exploration Program And Dividend Increases Will Drive Future Senior Gold Repricing

Analysts have trimmed the average price target for Agnico Eagle Mines by $30. This reflects updated metal price forecasts, refreshed company models, and a mix of recent rating changes across the coverage universe.

AEM: Capital Returns And Project Pipeline Will Drive Future Senior Gold Repricing

The analyst price target for Agnico Eagle Mines is now $333, up $3 from $330, as analysts factor in refreshed metal price forecasts, updated company models, and a series of recent target increases across major firms. Analyst Commentary Recent street research on Agnico Eagle Mines reflects a generally constructive tone, with several bullish analysts revisiting their assumptions on metal prices, company execution and long term growth projects.

AEM: Senior Gold Profile And Dividend Increases Will Drive Future Repricing

Our Agnico Eagle Mines narrative fair value has been updated from $207.22 to $330.00, reflecting the series of higher Street price targets as analysts refresh their models with revised metal price forecasts, updated company assumptions, and views on the strength of its senior gold positioning and growth pipeline. Analyst Commentary The recent stream of Street research on Agnico Eagle Mines shows a cluster of refreshed price targets, with many bullish analysts adjusting their models around updated metal price assumptions and company specific inputs.

AEM: Rich Pipeline And Capital Returns Will Ultimately Constrain Future Upside

We are raising our Agnico Eagle Mines fair value estimate to $136.62 from $110.25, reflecting analysts' higher price targets that are based on views of a robust growth pipeline, rising capital returns and support from multiple firms that continue to rank the company as a top pick in the senior gold space. Analyst Commentary Recent Street research shows a cluster of higher price targets for Agnico Eagle Mines, with several firms citing a robust growth pipeline and rising capital returns.

Agnico Eagle Mines (NYSE:AEM) Is Increasing Its Dividend To $0.45

Feb 16
Agnico Eagle Mines (NYSE:AEM) Is Increasing Its Dividend To $0.45

AEM: Rising Earnings Power And Clean Energy Partnership Will Shape Bullish Outlook

Analysts have lifted their price targets on Agnico Eagle Mines, supporting an updated fair value estimate of $221.67 as they factor in refreshed assumptions around discount rate, revenue growth, profit margin and future P/E multiples. Analyst Commentary Recent Street research on Agnico Eagle Mines centers on higher price targets and fresh coverage, which feed directly into how you might think about valuation, execution risk and growth expectations embedded in the updated fair value estimate of $221.67.

AEM: Precious Metals Strength And Capital Returns Will Shape Balanced Outlook

Narrative Update Analysts have lifted their price target on Agnico Eagle Mines to about $205 from roughly $197, reflecting updated views on higher potential revenue growth, a stronger profit margin profile, and a slightly lower future P/E multiple. These changes are supported by recent target increases from several major firms, as precious metals prices and sector-specific capital returns and M&A activity continue to be highlighted.

AEM: Elevated Gold Assumptions Will Drive Future Downside Risk

Analysts have lifted their fair value estimate for Agnico Eagle Mines from about $81 to roughly $110, citing updated gold price forecasts, higher Street price targets across the sector, and stronger expectations around margins and capital returns. Analyst Commentary Recent Street research on Agnico Eagle Mines has centered on higher gold price assumptions and an active period for capital allocation across the precious metals group.

AEM: Gold Rally And Geopolitical Uncertainty Will Shape Balanced Future Outlook

Agnico Eagle Mines' analyst price target has inched higher from approximately $195 to about $197 per share as analysts factor in stronger revenue growth assumptions, slightly improved margins, and a supportive outlook for precious metal prices amid ongoing macroeconomic and geopolitical uncertainty. Analyst Commentary Recent Street research has turned more constructive on Agnico Eagle Mines, with multiple firms lifting price targets to reflect stronger precious metals pricing, improving capital allocation, and a more supportive macro backdrop for gold and silver.

AEM: Geopolitical Uncertainty And Gold Rally Will Drive Future Upside

Analysts have nudged their price target for Agnico Eagle Mines higher, reflecting an improved fair value estimate of about $195 per share. This is driven by more constructive assumptions on revenue growth, margins, and sustained support from higher gold price forecasts and sector tailwinds.

AEM: Precious Metals Rally And Geopolitical Shifts Will Drive Upside Momentum

Agnico Eagle Mines' analyst price target has been raised from $188.80 to $194.19 per share. Analysts cite stronger gold prices and favorable market conditions as key drivers behind the upward revision.

AEM: Precious Metals Rally And Geopolitical Uncertainty Will Drive Stronger Returns

Analysts have raised their price targets for Agnico Eagle Mines significantly. New targets have climbed from previous estimates by as much as $69, citing factors such as strong precious metals rallies, ongoing geopolitical uncertainty, and positive trends in capital returns and M&A activity across the gold sector.

Earnings Update: Agnico Eagle Mines Limited (NYSE:AEM) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts

Nov 02
Earnings Update: Agnico Eagle Mines Limited (NYSE:AEM) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts

Agnico Eagle Mines (NYSE:AEM) Is Due To Pay A Dividend Of $0.40

Nov 01
Agnico Eagle Mines (NYSE:AEM) Is Due To Pay A Dividend Of $0.40

Surging Gold Prices And Merger Momentum Will Drive Mining Sector Upside

Agnico Eagle Mines saw its average analyst price target increase significantly, rising from approximately $173 to $189. Analysts cited higher precious metal prices, ongoing industry momentum, and improved operational forecasts as key drivers for the upward revision.

Agnico Eagle Mines (NYSE:AEM) Is Paying Out A Dividend Of $0.40

Oct 17
Agnico Eagle Mines (NYSE:AEM) Is Paying Out A Dividend Of $0.40

Elevated Gold Prices And Reserve Expansion Will Energize Mining Operations

Analysts have raised their price target for Agnico Eagle Mines from $155 to $182 per share. They cited higher gold and silver price forecasts, as well as mounting economic and political uncertainty, as key reasons for the upward revision.

Elevated Gold Prices And Reserve Expansion Will Energize Mining Operations

A modest upward revision in revenue growth and net profit margin forecasts for Agnico Eagle Mines has supported a slight increase in the consensus price target from $146.48 to $148.55. What's in the News Completed share buybacks totaling 2,698,621 shares (0.54%) for $249.9 million under the program announced May 2024, and 131,467 shares (0.03%) for $15.9 million under the program announced May 2025.

Agnico Eagle Mines' (NYSE:AEM) Dividend Will Be $0.40

Sep 17
Agnico Eagle Mines' (NYSE:AEM) Dividend Will Be $0.40

Elevated Gold Prices And Reserve Expansion Will Energize Mining Operations

Agnico Eagle Mines’ price target has been raised as analysts incorporate the Upper Beaver project’s growth potential, continued project pipeline strength, and operational outperformance in top mining jurisdictions, with fair value rising from $143.98 to $146.48. Analyst Commentary Bullish analysts are raising price targets after incorporating the Upper Beaver project, which has driven higher estimates for 2027 EPS.

Elevated Gold Prices And Reserve Expansion Will Energize Mining Operations

Agnico Eagle Mines’ consensus analyst price target rose to $143.98 on the back of higher 2027 EPS forecasts from the inclusion of the Upper Beaver project, sector-leading execution, and a robust growth pipeline. Analyst Commentary Inclusion of the Upper Beaver project in forecasts, leading to higher 2027 EPS estimates.

Agnico Eagle Mines (NYSE:AEM) Will Pay A Dividend Of $0.40

Jul 31
Agnico Eagle Mines (NYSE:AEM) Will Pay A Dividend Of $0.40

Investors Appear Satisfied With Agnico Eagle Mines Limited's (NYSE:AEM) Prospects

Jul 17
Investors Appear Satisfied With Agnico Eagle Mines Limited's (NYSE:AEM) Prospects

Agnico Eagle Mines (NYSE:AEM) Is Paying Out A Dividend Of $0.40

Jun 18
Agnico Eagle Mines (NYSE:AEM) Is Paying Out A Dividend Of $0.40

With EPS Growth And More, Agnico Eagle Mines (NYSE:AEM) Makes An Interesting Case

May 12
With EPS Growth And More, Agnico Eagle Mines (NYSE:AEM) Makes An Interesting Case

Agnico Eagle: Industry-Leading Per Share Growth

Apr 21

Agnico Eagle Mines: Safe Haven Investing Supports Gold Miners

Mar 26

Revenue & Expenses Breakdown

How Agnico Eagle Mines makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:AEM Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2613,5395,3425490
31 Dec 2511,9084,4615120
30 Sep 2510,5683,4485280
30 Jun 259,6642,9605050
31 Mar 258,9242,3634940
31 Dec 248,2861,8964880
30 Sep 247,8191,0124820
30 Jun 247,3056204720
31 Mar 246,9474724690
31 Dec 236,6271,9414720
30 Sep 236,2552,5094740
30 Jun 236,0622,4014860
31 Mar 235,9252,3685030
31 Dec 225,7416705340
30 Sep 225,3085784730
30 Jun 224,8426304220
31 Mar 224,2465363650
31 Dec 213,8705622950
30 Sep 213,8476662910
30 Jun 213,8437702750
31 Mar 213,4166782430
31 Dec 203,1385122300
30 Sep 202,9636382160
30 Jun 202,6654922150
31 Mar 202,6354152310
31 Dec 192,4954732260
30 Sep 192,280-2522260
30 Jun 192,115-3122400
31 Mar 192,145-3352530
31 Dec 182,191-3272630
30 Sep 182,2191042640
30 Jun 182,2801602720
31 Mar 182,2742102640
31 Dec 172,2432412570
30 Sep 172,1772662640
30 Jun 172,2072432520
31 Mar 172,1952072530
31 Dec 162,1381592500
30 Sep 162,122812300
30 Jun 162,020332270
31 Mar 161,992242190
31 Dec 151,985252070
30 Sep 152,006191990
30 Jun 151,96021820

Quality Earnings: AEM has high quality earnings.

Growing Profit Margin: AEM's current net profit margins (39.5%) are higher than last year (26.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: AEM's earnings have grown significantly by 39.5% per year over the past 5 years.

Accelerating Growth: AEM's earnings growth over the past year (126.1%) exceeds its 5-year average (39.5% per year).

Earnings vs Industry: AEM earnings growth over the past year (126.1%) exceeded the Metals and Mining industry 84.8%.


Return on Equity

High ROE: AEM's Return on Equity (20.3%) is considered high.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/05 11:00
End of Day Share Price 2026/05/05 00:00
Earnings2026/03/31
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

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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 41 analysts. 12 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