AEM Stock Analysis: Agnico Eagle Mines | NYSE
Gold | NYSE, USA | Market Cap: 76.335m USD | 12M Return: 17.9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 360M
EPS Trend: 99.7%
Qual. Beats: 11
Rev. Trend: 98.8%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Agnico Eagle Mines Limited (NYSE: AEM) is a Canadian precious metals mining company that engages in the exploration, development, and production of gold, as well as silver, copper, and zinc as by-products. The company operates mines in Canada, Australia, Finland, and Mexico, with additional exploration and development activities spanning Canada, Australia, Europe, Latin America, and the United States. Incorporated in 1953 and headquartered in Toronto, Agnico Eagle is classified as a Large Cap stock within the Materials sector (GICS Sub Industry: Gold) and has been listed since its 1984 IPO.
The gold mining business model typically generates revenue primarily from gold production, with copper, zinc, and silver often serving as by-product credits that can help offset operating costs. Diversified geographic exposure across multiple jurisdictions is a common risk-management practice for mining companies, helping to reduce country-specific operational, political, and regulatory risks.
- Gold price rally lifts realized revenue per ounce
- All-in sustaining costs decline as Fosterville and Macassa production scales
- Canadian dollar strength pressures USD-reported operating margin
| Net Income: 5.87b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 2.21 > 1.0 |
| NWC/Revenue: 24.72% < 20% (prev 18.31%; Δ 6.41% < -1%) |
| CFO/TA 0.20 > 3% & CFO 7.40b > Net Income 5.87b |
| Net Debt (-3.02b) to EBITDA (10.2b): -0.30 < 3 |
| Current Ratio: 2.86 > 1.5 & < 3 |
| Outstanding Shares: last quarter (500.0m) vs 12m ago -0.86% < -2% |
| Gross Margin: 62.91% > 18% (prev 51.78%; Δ 11.12% > 0.5%) |
| Asset Turnover: 41.81% > 50% (prev 30.49%; Δ 11.32% > 0%) |
| Interest Coverage Ratio: 116.0 > 6 (EBIT TTM 8.48b / Interest Expense TTM 73.1m) |
| A: 0.10 (Total Current Assets 5.52b - Total Current Liabilities 1.93b) / Total Assets 37.8b |
| B: 0.22 (Retained Earnings 8.13b / Total Assets 37.8b) |
| C: 0.24 (EBIT TTM 8.48b / Avg Total Assets 34.7b) |
| D: 3.11 (Book Value of Equity 28.6b / Total Liabilities 9.19b) |
| Altman-Z'' = 6.23 = AAA |
| DSRI: 0.10 (Receivables 20.1m/155.6m, Revenue 14.5b/9.66b) |
| GMI: 0.82 (GM 51.78% / 62.91%) |
| AQI: 0.88 (AQ_t 0.17 / AQ_t-1 0.20) |
| SGI: 1.50 (Revenue 14.5b / 9.66b) |
| TATA: -0.04 (NI 5.87b - CFO 7.40b) / TA 37.8b) |
| Beneish M = -3.64 (Cap -4..+1) = AAA |
As of August 02, 2026, the stock is trading at USD 145.27 with a total of 2,411,768 shares traded. Over the past week, the price has changed by +0.10%, over one month by -6.36%, over three months by -22.62% and over the past year by +17.90%.
Current recommended Stop Loss: 137.00 (which is 5.7% or 1.5 ATR below the current price).
Agnico Eagle Mines has received a consensus analysts rating of 4.15. Therefore, it is recommended to buy AEM.
- StrongBuy: 9
- Buy: 7
- Hold: 3
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 216.1 | 48.8% |
P/E Trailing = 12.3566
P/E Forward = 11.9904
P/S = 5.638
P/B = 2.5249
P/EG = 28.1515
Revenue TTM = 14.5b USD
EBIT TTM = 8.48b USD
EBITDA TTM = 10.2b USD
Long Term Debt = 196.8m USD (from longTermDebt, last quarter)
Short Term Debt = 30.5m USD (from shortTermDebt, last fiscal year)
Debt = 445.0m USD (from shortLongTermDebtTotal, last fiscal year) + Leases 123.5m
Net Debt = -3.02b USD (calculated: Debt 445.0m - CCE 3.46b)
Enterprise Value = 73.3b USD (76.3b + Debt 445.0m - CCE 3.46b)
Interest Coverage Ratio = 116.0 (Ebit TTM 8.48b / Interest Expense TTM 73.1m)
EV/FCF = 16.15x (Enterprise Value 73.3b / FCF TTM 4.54b)
FCF Yield = 6.19% (FCF TTM 4.54b / Enterprise Value 73.3b)
FCF Margin = 31.24% (FCF TTM 4.54b / Revenue TTM 14.5b)
Net Margin = 40.44% (Net Income TTM 5.87b / Revenue TTM 14.5b)
Gross Margin = 62.91% ((Revenue TTM 14.5b - Cost of Revenue TTM 5.39b) / Revenue TTM)
Gross Margin QoQ = 63.79% (prev 66.44%)
Tobins Q-Ratio = 1.94 (Enterprise Value 73.3b / Total Assets 37.8b)
Interest Expense / Debt = 16.42% (Interest Expense 73.1m / Debt 445.0m)
Taxrate = 33.06% (2.90b / 8.78b)
NOPAT = 5.67b (EBIT 8.48b * (1 - 33.06%))
Current Ratio = 2.86 (Total Current Assets 5.52b / Total Current Liabilities 1.93b)
Debt / Equity = 0.02 (Debt 445.0m / totalStockholderEquity, last quarter 28.6b)
Debt / EBITDA = -0.30 (Net Debt -3.02b / EBITDA 10.2b)
Debt / FCF = -0.67 (Net Debt -3.02b / FCF TTM 4.54b)
Total Stockholder Equity = 25.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 16.91% (Net Income 5.87b / Total Assets 37.8b)
RoE = 22.79% (Net Income TTM 5.87b / Total Stockholder Equity 25.8b)
RoCE = 32.63% (EBIT 8.48b / Capital Employed (Equity 25.8b + L.T.Debt 196.8m))
RoIC = 16.13% (NOPAT 5.67b / Invested Capital 35.2b)
WACC = 7.58% (E(76.3b)/V(76.8b) * Re(7.56%) + D(445.0m)/V(76.8b) * Rd(16.42%) * (1-Tc(0.33)))
Discount Rate = 7.56% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 77.06 | Cagr: 0.41%
[DCF] Terminal Value 77.97% ; FCFF base≈3.97b ; Y1≈4.55b ; Y5≈6.69b
[DCF] Fair Price = 204.8 (EV 101b - Net Debt -3.02b = Equity 104b / Shares 506.4m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 99.67 | EPS CAGR: 93.07% | SUE: 3.18 | # QB: 11
Revenue Correlation: 98.83 | Revenue CAGR: 36.08% | SUE: -0.44 | # QB: 0
EPS current Quarter (2026-09-30): EPS=3.02 | Chg30d=-15.74% | Revisions=-50% | Analysts=11
EPS current Year (2026-12-31): EPS=12.40 | Chg30d=-7.34% | Revisions=-57% | GrowthEPS=+49.2% | GrowthRev=+33.1%
EPS next Year (2027-12-31): EPS=12.72 | Chg30d=-11.98% | Revisions=-62% | GrowthEPS=+2.6% | GrowthRev=+3.2%
[Analyst] Revisions Ratio: -80% (up=0, down=12)