On Friday, Agnico Eagle Mines Ltd (NYSE: AEM) opened higher 1.04% from the last session, before settling in for the closing price of $83.55. Price fluctuations for AEM have ranged from $44.37 to $89.00 over the past 52 weeks.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 25.35%. Company’s average yearly earnings per share was noted 83.63% at the time writing. With a float of $500.95 million, this company’s outstanding shares have now reached $501.52 million.
Let’s determine the extent of company efficiency that accounts for 15875 employees. In terms of profitability, gross margin is 38.87%, operating margin of 34.58%, and the pretax margin is 21.72%.
Agnico Eagle Mines Ltd (AEM) Insider Activity
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 0.11%, while institutional ownership is 63.91%.
Agnico Eagle Mines Ltd (AEM) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.57 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.49) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.2 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 83.63% 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 0.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.42. Likewise, its price to free cash flow for the trailing twelve months is 22.92.
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 5.15 in one year’s time.
Technical Analysis of Agnico Eagle Mines Ltd (AEM)
Looking closely at Agnico Eagle Mines Ltd (NYSE: AEM), its last 5-days average volume was 1.6 million, which is a drop from its year-to-date volume of 2.64 million. As of the previous 9 days, the stock’s Stochastic %D was 82.84%. Additionally, its Average True Range was 2.36.
During the past 100 days, Agnico Eagle Mines Ltd’s (AEM) raw stochastic average was set at 76.24%, which indicates a significant decrease from 91.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.88% in the past 14 days, which was higher than the 29.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $82.79, while its 200-day Moving Average is $71.05. However, in the short run, Agnico Eagle Mines Ltd’s stock first resistance to watch stands at $84.85. Second resistance stands at $85.28. The third major resistance level sits at $85.74. If the price goes on to break the first support level at $83.96, it is likely to go to the next support level at $83.50. Should the price break the second support level, the third support level stands at $83.07.
Agnico Eagle Mines Ltd (NYSE: AEM) Key Stats
There are currently 502,064K shares outstanding in the company with a market cap of 42.34 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 2,156 M and its income totaled 567,120 K.
