AEM Stock Analysis: Agnico Eagle Mines | NYSE
Gold | NYSE, USA | Market Cap: 91.343m USD | 12M Return: 17.9% | CA0084741085 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 317M
EPS Trend: 99.7%
Qual. Beats: 11
Rev. Trend: 98.9%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 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 is a Canadian gold mining company that engages in the exploration, development, and production of precious metals, with a focus on gold but also exploring for silver, copper, and zinc. The company operates mines across four countries-Canada, Australia, Finland, and Mexico-while conducting broader exploration and development activities in Canada, Australia, Europe, Latin America, and the United States. Founded in 1953 and headquartered in Toronto, the company trades on the NYSE under the ticker AEM.
As a member of the Materials sector (GICS Sub Industry: Gold), Agnico Eagle operates under a typical mining business model in which ore is extracted from the earth, processed into bullion or concentrate, and sold on global commodity markets, with gold often serving as a hedge asset for investors. The companys large-cap status and geographically diversified portfolio of producing mines reflect a strategy commonly used by senior gold producers to mitigate country-specific operational and political risks.
- Gold prices surge on central bank buying and Fed rate cuts
- All-in sustaining costs decline as Detour and Canadian mines ramp up
- Dividend increases and buybacks funded by record free cash flow
| Net Income: 5.83b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 2.13 > 1.0 |
| NWC/Revenue: 24.86% < 20% (prev 18.31%; Δ 6.54% < -1%) |
| CFO/TA 0.19 > 3% & CFO 7.34b > Net Income 5.83b |
| Net Debt (-3.03b) to EBITDA (10.4b): -0.29 < 3 |
| Current Ratio: 2.86 > 1.5 & < 3 |
| Outstanding Shares: last quarter (502.9m) vs 12m ago -0.29% < -2% |
| Gross Margin: 62.48% > 18% (prev 51.78%; Δ 10.70% > 0.5%) |
| Asset Turnover: 41.56% > 50% (prev 30.49%; Δ 11.07% > 0%) |
| Interest Coverage Ratio: 119.4 > 6 (EBIT TTM 8.68b / Interest Expense TTM 72.7m) |
| A: 0.10 (Total Current Assets 5.52b - Total Current Liabilities 1.93b) / Total Assets 37.7b |
| B: 0.22 (Retained Earnings 8.12b / Total Assets 37.7b) |
| C: 0.25 (EBIT TTM 8.68b / Avg Total Assets 34.7b) |
| D: 3.11 (Book Value of Equity 28.6b / Total Liabilities 9.18b) |
| Altman-Z'' = 6.27 = AAA |
| DSRI: 0.80 (Receivables 185.9m/155.6m, Revenue 14.4b/9.66b) |
| GMI: 0.83 (GM 51.78% / 62.48%) |
| AQI: 0.88 (AQ_t 0.17 / AQ_t-1 0.20) |
| SGI: 1.49 (Revenue 14.4b / 9.66b) |
| TATA: -0.04 (NI 5.83b - CFO 7.34b) / TA 37.7b) |
| Beneish M = -3.06 (Cap -4..+1) = AA |
As of October 11, 2026, the stock is trading at USD 189.02 with a total of 1,634,355 shares traded. Over the past week, the price has changed by +2.90%, over one month by -6.69%, over three months by +27.12% and over the past year by +17.90%.
Current recommended Stop Loss: 174.90 (which is 7.5% or 2.2 ATR below the current price).
Agnico Eagle Mines has received a consensus analysts rating of 4.27. Therefore, it is recommended to buy AEM.
- StrongBuy: 12
- Buy: 6
- Hold: 3
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 217.4 | 15% |
P/E Trailing = 15.9074
P/E Forward = 16.9779
P/S = 6.2883
P/B = 3.4621
P/EG = 28.1515
Revenue TTM = 14.4b USD
EBIT TTM = 8.68b USD
EBITDA TTM = 10.4b USD
Long Term Debt = 196.8m USD (from longTermDebt, last quarter)
Short Term Debt = 34.3m USD (from shortTermDebt, last quarter)
Debt = 443.5m USD (from shortLongTermDebtTotal, last quarter) + Leases 123.5m
Net Debt = -3.03b USD (calculated: Debt 443.5m - CCE 3.47b)
Enterprise Value = 88.3b USD (91.3b + Debt 443.5m - CCE 3.47b)
Interest Coverage Ratio = 119.4 (Ebit TTM 8.68b / Interest Expense TTM 72.7m)
EV/FCF = 19.62x (Enterprise Value 88.3b / FCF TTM 4.50b)
FCF Yield = 5.10% (FCF TTM 4.50b / Enterprise Value 88.3b)
FCF Margin = 31.20% (FCF TTM 4.50b / Revenue TTM 14.4b)
Net Margin = 40.43% (Net Income TTM 5.83b / Revenue TTM 14.4b)
Gross Margin = 62.48% ((Revenue TTM 14.4b - Cost of Revenue TTM 5.41b) / Revenue TTM)
Gross Margin QoQ = 62.17% (prev 66.44%)
Tobins Q-Ratio = 2.34 (Enterprise Value 88.3b / Total Assets 37.7b)
Interest Expense / Debt = 16.38% (Interest Expense 72.7m / Debt 443.5m)
Taxrate = 33.08% (2.88b / 8.72b)
NOPAT = 5.81b (EBIT 8.68b * (1 - 33.08%))
Current Ratio = 2.86 (Total Current Assets 5.52b / Total Current Liabilities 1.93b)
Debt / Equity = 0.02 (Debt 443.5m / totalStockholderEquity, last quarter 28.6b)
Debt / EBITDA = -0.29 (Net Debt -3.03b / EBITDA 10.4b)
Debt / FCF = -0.67 (Net Debt -3.03b / FCF TTM 4.50b)
Total Stockholder Equity = 25.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 16.80% (Net Income 5.83b / Total Assets 37.7b)
RoE = 22.64% (Net Income TTM 5.83b / Total Stockholder Equity 25.8b)
RoCE = 33.41% (EBIT 8.68b / Capital Employed (Equity 25.8b + L.T.Debt 196.8m))
RoIC = 16.53% (NOPAT 5.81b / Invested Capital 35.1b)
WACC = 7.73% (E(91.3b)/V(91.8b) * Re(7.71%) + D(443.5m)/V(91.8b) * Rd(16.38%) * (1-Tc(0.33)))
Discount Rate = 7.71% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 65.15 | Cagr: 0.36%
[DCF] Terminal Value 77.97% ; FCFF base≈3.94b ; Y1≈4.52b ; Y5≈6.65b
[DCF] Fair Price = 203.7 (EV 100b - Net Debt -3.03b = Equity 103b / 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: 98.86 | Revenue CAGR: 35.94% | SUE: -2.06 | # QB: -1
EPS current Quarter (2026-09-30): EPS=2.86 | Chg30d=+0.67% | Revisions=-50% | Analysts=12
EPS current Year (2026-12-31): EPS=12.08 | Chg30d=-0.51% | Revisions=+0% | GrowthEPS=+45.4% | GrowthRev=+29.7%
EPS next Year (2027-12-31): EPS=12.44 | Chg30d=-0.45% | Revisions=-17% | GrowthEPS=+2.9% | GrowthRev=+3.5%
[Analyst] Revisions Ratio: -31% (up=3, down=7)