Agnico Eagle Mines Ltd (AEM) plunge -0.75% in a week: will this be a lucky break through?

As on Wednesday, Agnico Eagle Mines Ltd (NYSE: AEM) started slowly as it slid -1.53% to $61.26, before settling in for the price of $62.21 at the close. Taking a more long-term approach, AEM posted a 52-week range of $43.22-$62.77.

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The Basic Materials sector firm’s twelve-monthly sales growth has been 25.35% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 14.69%. This publicly-traded company’s shares outstanding now amounts to $498.94 million, simultaneously with a float of $497.76 million. The organization now has a market capitalization sitting at $30.57 billion. At the time of writing, stock’s 50-day Moving Average stood at $52.96, while the 200-day Moving Average is $50.50.

Agnico Eagle Mines Ltd (AEM) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Gold industry. Agnico Eagle Mines Ltd’s current insider ownership accounts for 0.24%, in contrast to 67.71% institutional ownership.

Agnico Eagle Mines Ltd (AEM) Earnings and Revenue Records

If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $0.57 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.48) by $0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.61 per share during the current fiscal year.

Agnico Eagle Mines Ltd’s EPS increase for this current 12-month fiscal period is 14.69% and is forecasted to reach 2.68 in the upcoming year.

Agnico Eagle Mines Ltd (NYSE: AEM) Trading Performance Indicators

Let’s observe the current performance indicators for Agnico Eagle Mines Ltd (AEM). It’s Quick Ratio in the last reported quarter now stands at 0.74. The Stock has managed to achieve an average true range (ATR) of 1.52. Alongside those numbers, its PE Ratio stands at $14.92, and its Beta score is 1.06. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.61. Similarly, its price to free cash flow for trailing twelve months is now 32.94.

In the same vein, AEM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.11, a figure that is expected to reach 0.58 in the next quarter, and analysts are predicting that it will be 2.68 at the market close of one year from today.

Technical Analysis of Agnico Eagle Mines Ltd (AEM)

Through scrutinizing the latest numbers posted by the [Agnico Eagle Mines Ltd, AEM], it can be observed that its last 5-days Average volume of 3.58 million was better the volume of 3.21 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 78.17% While, its Average True Range was 1.59.

Raw Stochastic average of Agnico Eagle Mines Ltd (AEM) in the period of the previous 100 days is set at 91.79%, which indicates a major rise in contrast to 78.82% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 27.37% that was lower than 30.34% volatility it exhibited in the past 100-days period.