Agnico Eagle Mines Ltd (AEM) last year’s performance of 78.00% is a clear signal for an entertaining trading season.

A new trading day began on Friday, with Agnico Eagle Mines Ltd (NYSE: AEM) stock price down -1.19% from the previous day of trading, before settling in for the closing price of $87.93. AEM’s price has ranged from $44.37 to $89.00 over the past 52 weeks.

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Basic Materials Sector giant saw their annual sales surged by 25.35% over the last five years. Meanwhile, its annual earnings per share averaged 78.49%. 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

As we move forward, let’s examine how large-scale investors are investing in this stock of the Gold Industry. The insider ownership of Agnico Eagle Mines Ltd is 0.17%, while institutional ownership is 65.97%.

Agnico Eagle Mines Ltd (AEM) Recent Fiscal highlights

In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.44 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 78.49% per share during the next fiscal year.

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

Here are Agnico Eagle Mines Ltd’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.92. Likewise, its price to free cash flow for the trailing twelve months is 33.24.

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 3.2 million was better than the volume posted last year of 2.67 million. As of the previous 9 days, the stock’s Stochastic %D was 88.69%. Additionally, its Average True Range was 1.95.

During the past 100 days, Agnico Eagle Mines Ltd’s (AEM) raw stochastic average was set at 91.84%, which indicates a significant increase from 82.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.90% in the past 14 days, which was lower than the 28.68% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $81.75, while its 200-day Moving Average is $66.95. Now, the first resistance to watch is $87.47. This is followed by the second major resistance level at $88.06. The third major resistance level sits at $88.63. If the price goes on to break the first support level at $86.32, it is likely to go to the next support level at $85.75. Now, if the price goes above the second support level, the third support stands at $85.16.

Agnico Eagle Mines Ltd (NYSE: AEM) Key Stats

With a market capitalization of 43.28 billion, the company has a total of 500,275K Shares Outstanding. Currently, annual sales are 6,627 M while annual income is 1,941 M. The company’s previous quarter sales were 2,077 M while its latest quarter income was 472,020 K.