A new trading day began on Monday, with Agnico Eagle Mines Ltd (NYSE: AEM) stock price down -6.81% from the previous day of trading, before settling in for the closing price of $83.84. AEM’s price has ranged from $44.37 to $89.00 over the past 52 weeks.
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Annual sales at Basic Materials sector company grew by 25.35% over the past five years. Meanwhile, its annual earnings per share averaged 80.93%. With a float of $497.38 million, this company’s outstanding shares have now reached $498.19 million.
Let’s look at the performance matrix of the company that is accounted for 15875 employees. In terms of profitability, gross margin is 37.84%, operating margin of 34.65%, and the pretax margin is 10697.19%.
Agnico Eagle Mines Ltd (AEM) Insider and Institutional Ownership
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 0.16%, while institutional ownership is 65.86%.
Agnico Eagle Mines Ltd (AEM) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.57 per share, which was $0.1 higher 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 1.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 80.93% 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 0.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.84. Likewise, its price to free cash flow for the trailing twelve months is 28.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.00, a number that is poised to hit 1.19 in the next quarter and is forecasted to reach 5.01 in one year’s time.
Technical Analysis of Agnico Eagle Mines Ltd (AEM)
Agnico Eagle Mines Ltd (NYSE: AEM) saw its 5-day average volume 3.12 million, a positive change from its year-to-date volume of 2.67 million. As of the previous 9 days, the stock’s Stochastic %D was 31.92%. Additionally, its Average True Range was 2.46.
During the past 100 days, Agnico Eagle Mines Ltd’s (AEM) raw stochastic average was set at 56.64%, which indicates a significant increase from 3.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.38% in the past 14 days, which was higher than the 28.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $82.53, while its 200-day Moving Average is $68.89. Nevertheless, the first resistance level for the watch stands at $80.57 in the near term. At $83.02, the stock is likely to face the second major resistance level. The third major resistance level sits at $84.44. If the price goes on to break the first support level at $76.70, it is likely to go to the next support level at $75.28. The third support level lies at $72.83 if the price breaches the second support level.
Agnico Eagle Mines Ltd (NYSE: AEM) Key Stats
With a market capitalization of 53.45 billion, the company has a total of 501,739K Shares Outstanding. Currently, annual sales are 6,627 M while annual income is 1,941 M. The company’s previous quarter sales were 2,156 M while its latest quarter income was 567,120 K.
