On Monday, Agnico Eagle Mines Ltd (NYSE: AEM) opened higher 0.45% from the last session, before settling in for the closing price of $79.46. Price fluctuations for AEM have ranged from $44.37 to $85.14 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 25.35%. Company’s average yearly earnings per share was noted 71.20% at the time writing. With a float of $497.32 million, this company’s outstanding shares have now reached $498.19 million.
The extent of productivity of a business whose workforce counts for 15875 workers is very important to gauge. In terms of profitability, gross margin is 34.45%, operating margin of 30.07%, and the pretax margin is 15.45%.
Agnico Eagle Mines Ltd (AEM) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Gold industry is another important factor to consider. The insider ownership of Agnico Eagle Mines Ltd is 0.17%, while institutional ownership is 66.16%.
Agnico Eagle Mines Ltd (AEM) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.44 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.46) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 71.20% per share during the next fiscal year.
Agnico Eagle Mines Ltd (NYSE: AEM) Trading Performance Indicators
Check out the current performance indicators for Agnico Eagle Mines Ltd (AEM). In the past quarter, the stock posted a quick ratio of 0.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.44. Likewise, its price to free cash flow for the trailing twelve months is 30.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.23, a number that is poised to hit 0.99 in the next quarter and is forecasted to reach 4.46 in one year’s time.
Technical Analysis of Agnico Eagle Mines Ltd (AEM)
The latest stats from [Agnico Eagle Mines Ltd, AEM] show that its last 5-days average volume of 1.5 million was inferior to 2.66 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 49.73%. Additionally, its Average True Range was 1.72.
During the past 100 days, Agnico Eagle Mines Ltd’s (AEM) raw stochastic average was set at 75.96%, which indicates a significant increase from 36.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.94% in the past 14 days, which was lower than the 29.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $79.90, while its 200-day Moving Average is $65.48. Now, the first resistance to watch is $80.43. This is followed by the second major resistance level at $81.03. The third major resistance level sits at $81.77. If the price goes on to break the first support level at $79.09, it is likely to go to the next support level at $78.35. The third support level lies at $77.75 if the price breaches the second support level.
Agnico Eagle Mines Ltd (NYSE: AEM) Key Stats
There are currently 500,275K shares outstanding in the company with a market cap of 39.77 billion. Presently, the company’s annual sales total 6,627 M according to its annual income of 1,941 M. Last quarter, the company’s sales amounted to 2,077 M and its income totaled 472,020 K.
