(AEM) Agnico Eagle Mines - Overview
Sector: Basic Materials | Industry: Gold | Exchange: NYSE (USA) | Market Cap: 88.881m USD | Total Return: 55.1% in 12m
Avg Turnover: 418M
EPS Trend: 98.7%
Qual. Beats: 10
Rev. Trend: 98.5%
Qual. Beats: 4
Warnings
Choppy Below Avwap Earnings
Tailwinds
No distinct edge detected
Agnico Eagle Mines Limited (AEM) is a senior Canadian gold mining company involved in the full lifecycle of precious metals, from exploration and development to production. Headquartered in Toronto and incorporated in 1953, the company operates a diversified portfolio of mines across Canada, Australia, Finland, and Mexico. In addition to its primary gold output, the firm extracts silver, copper, and zinc as byproducts of its mining operations.
The company operates within the capital-intensive gold mining sector, where business models prioritize jurisdictional stability and reserve replacement to mitigate geopolitical risk. Unlike many peers, Agnico Eagle focuses on low-political-risk regions, primarily operating in Tier-1 mining jurisdictions. For a deeper look into the companys valuation metrics and historical performance, consider reviewing the detailed datasets available on ValueRay. Gold producers typically function as a leveraged play on bullion prices, with profitability dictated by the spread between the spot price of gold and the all-in sustaining costs of extraction.
- Spot gold price fluctuations dictate revenue and free cash flow generation
- Production volume growth at Detour Lake and Canadian Malartic drives earnings
- All-in sustaining costs impact margins amid persistent mining sector inflation
- Political stability in Canadian and Australian jurisdictions reduces jurisdictional risk premiums
- Exploration success at Odyssey project extends mine life and future production capacity
| Net Income: 5.34b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.13 > 0.02 and ΔFCF/TA 5.33 > 1.0 |
| NWC/Revenue: 25.85% < 20% (prev 19.11%; Δ 6.74% < -1%) |
| CFO/TA 0.20 > 3% & CFO 7.15b > Net Income 5.34b |
| Net Debt (-2.68b) to EBITDA (9.74b): -0.28 < 3 |
| Current Ratio: 3.15 > 1.5 & < 3 |
| Outstanding Shares: last quarter (501.7m) vs 12m ago -0.20% < -2% |
| Gross Margin: 61.76% > 18% (prev 0.46%; Δ 6.13k% > 0.5%) |
| Asset Turnover: 41.18% > 50% (prev 29.00%; Δ 12.19% > 0%) |
| Interest Coverage Ratio: 95.35 > 6 (EBITDA TTM 9.74b / Interest Expense TTM 84.9m) |
| A: 0.10 (Total Current Assets 5.13b - Total Current Liabilities 1.63b) / Total Assets 35.2b |
| B: 0.19 (Retained Earnings 6.81b / Total Assets 35.2b) |
| C: 0.25 (EBIT TTM 8.10b / Avg Total Assets 32.9b) |
| D: 2.94 (Book Value of Equity 26.1b / Total Liabilities 8.88b) |
| Altman-Z'' = 6.03 = AAA |
| DSRI: 0.75 (Receivables 192.1m/167.6m, Revenue 13.5b/8.87b) |
| GMI: 0.74 (GM 61.76% / 45.59%) |
| AQI: 1.01 (AQ_t 0.20 / AQ_t-1 0.20) |
| SGI: 1.53 (Revenue 13.5b / 8.87b) |
| TATA: -0.05 (NI 5.34b - CFO 7.15b) / TA 35.2b) |
| Beneish M = -3.14 (Cap -4..+1) = AA |
As of May 24, 2026, the stock is trading at USD 175.91 with a total of 1,293,401 shares traded.
Over the past week, the price has changed by -2.45%,
over one month by -13.80%,
over three months by -26.72% and
over the past year by +55.08%.
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 | 259.4 | 47.5% |
P/E Forward = 13.1234
P/S = 6.5648
P/B = 3.3827
P/EG = 28.1515
Revenue TTM = 13.5b USD
EBIT TTM = 8.10b USD
EBITDA TTM = 9.74b USD
Long Term Debt = 196.5m USD (from longTermDebt, last quarter)
Short Term Debt = 32.6m USD (from shortTermDebt, last quarter)
Debt = 441.9m USD (from shortLongTermDebtTotal, last quarter) + Leases 122.7m
Net Debt = -2.68b USD (calculated: Debt 441.9m - CCE 3.12b)
Enterprise Value = 86.2b USD (88.9b + Debt 441.9m - CCE 3.12b)
Interest Coverage Ratio = 95.35 (Ebit TTM 8.10b / Interest Expense TTM 84.9m)
EV/FCF = 18.97x (Enterprise Value 86.2b / FCF TTM 4.54b)
FCF Yield = 5.27% (FCF TTM 4.54b / Enterprise Value 86.2b)
FCF Margin = 33.57% (FCF TTM 4.54b / Revenue TTM 13.5b)
Net Margin = 39.46% (Net Income TTM 5.34b / Revenue TTM 13.5b)
Gross Margin = 61.76% ((Revenue TTM 13.5b - Cost of Revenue TTM 5.18b) / Revenue TTM)
Gross Margin QoQ = 66.44% (prev 61.67%)
Tobins Q-Ratio = 2.45 (Enterprise Value 86.2b / Total Assets 35.2b)
Interest Expense / Debt = 19.21% (Interest Expense 84.9m / Debt 441.9m)
Taxrate = 33.76% (864.2m / 2.56b)
NOPAT = 5.36b (EBIT 8.10b * (1 - 33.76%))
Current Ratio = 3.15 (Total Current Assets 5.13b / Total Current Liabilities 1.63b)
Debt / Equity = 0.02 (Debt 441.9m / totalStockholderEquity, last quarter 26.3b)
Debt / EBITDA = -0.28 (Net Debt -2.68b / EBITDA 9.74b)
Debt / FCF = -0.59 (Net Debt -2.68b / FCF TTM 4.54b)
Total Stockholder Equity = 24.3b (last 4 quarters mean from totalStockholderEquity)
RoA = 16.25% (Net Income 5.34b / Total Assets 35.2b)
RoE = 22.02% (Net Income TTM 5.34b / Total Stockholder Equity 24.3b)
RoCE = 33.10% (EBIT 8.10b / Capital Employed (Equity 24.3b + L.T.Debt 196.5m))
RoIC = 16.02% (NOPAT 5.36b / Invested Capital 33.5b)
WACC = 7.20% (E(88.9b)/V(89.3b) * Re(7.17%) + D(441.9m)/V(89.3b) * Rd(19.21%) * (1-Tc(0.34)))
Discount Rate = 7.17% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 55.56 | Cagr: 0.41%
[DCF] Terminal Value 77.97% ; FCFF base≈3.66b ; Y1≈4.19b ; Y5≈6.17b
[DCF] Fair Price = 191.0 (EV 92.8b - Net Debt -2.68b = Equity 95.5b / Shares 500.0m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 98.65 | EPS CAGR: 84.67% | SUE: 1.72 | # QB: 10
Revenue Correlation: 98.45 | Revenue CAGR: 32.47% | SUE: 1.41 | # QB: 4
EPS current Quarter (2026-06-30): EPS=3.15 | Chg30d=-6.21% | Revisions=-50% | Analysts=8
EPS next Quarter (2026-09-30): EPS=3.44 | Chg30d=-1.96% | Revisions=-14% | Analysts=8
EPS current Year (2026-12-31): EPS=13.75 | Chg30d=+2.30% | Revisions=+12% | GrowthEPS=+65.4% | GrowthRev=+43.4%
EPS next Year (2027-12-31): EPS=14.53 | Chg30d=+4.63% | Revisions=-14% | GrowthEPS=+5.7% | GrowthRev=+4.9%
[Analyst] Revisions Ratio: -50%