Agnico Eagle Mines Ltd (NYSE: AEM) on Tuesday, soared 1.57% from the previous trading day, before settling in for the closing price of $86.63. Within the past 52 weeks, AEM’s price has moved between $44.37 and $87.84.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Basic Materials Sector giant saw their annual sales surged by 25.35% over the last five years. The company achieved an average annual earnings per share of 78.21%. With a float of $497.32 million, this company’s outstanding shares have now reached $498.19 million.
The firm has a total of 15875 workers. Let’s measure their productivity. 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) Breakdown of a Key Holders of the stock
Observing investor behavior towards Gold industry stocks is more important than anything else. The insider ownership of Agnico Eagle Mines Ltd is 0.17%, while institutional ownership is 66.01%.
Agnico Eagle Mines Ltd (AEM) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.44 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.46) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 78.21% per share during the next fiscal year.
Agnico Eagle Mines Ltd (NYSE: AEM) Trading Performance Indicators
Agnico Eagle Mines Ltd (AEM) is currently performing well based on its current performance indicators. A quick ratio of 0.76 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.00. Likewise, its price to free cash flow for the trailing twelve months is 33.67.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.23, a number that is poised to hit 1.02 in the next quarter and is forecasted to reach 4.94 in one year’s time.
Technical Analysis of Agnico Eagle Mines Ltd (AEM)
Analysing the last 5-days average volume posted by the [Agnico Eagle Mines Ltd, AEM], we can find that recorded value of 2.64 million was lower than the volume posted last year of 2.66 million. As of the previous 9 days, the stock’s Stochastic %D was 94.05%. Additionally, its Average True Range was 1.88.
During the past 100 days, Agnico Eagle Mines Ltd’s (AEM) raw stochastic average was set at 99.09%, which indicates a significant increase from 98.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.09% in the past 14 days, which was lower than the 29.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $81.15, while its 200-day Moving Average is $66.41. Now, the first resistance to watch is $88.47. This is followed by the second major resistance level at $88.95. The third major resistance level sits at $89.68. If the price goes on to break the first support level at $87.26, it is likely to go to the next support level at $86.53. Now, if the price goes above the second support level, the third support stands at $86.05.
Agnico Eagle Mines Ltd (NYSE: AEM) Key Stats
Market capitalization of the company is 43.84 billion based on 500,275K outstanding shares. Right now, sales total 6,627 M and income totals 1,941 M. The company made 2,077 M in profit during its latest quarter, and 472,020 K in sales during its previous quarter.
