Agnico Eagle Mines Ltd (NYSE: AEM) on Friday, plunged -1.75% from the previous trading day, before settling in for the closing price of $85.21. Within the past 52 weeks, AEM’s price has moved between $44.37 and $89.00.
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A company in the Basic Materials sector has jumped its sales by 25.35% annually for the last half of the decade. The company achieved an average annual earnings per share of 85.01%. With a float of $500.96 million, this company’s outstanding shares have now reached $501.52 million.
In an organization with 15875 employees, it is important to assess its efficiency. 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 and Institutional Ownership
Observing investor behavior towards Gold industry stocks is more important than anything else. The insider ownership of Agnico Eagle Mines Ltd is 0.11%, while institutional ownership is 63.86%.
Agnico Eagle Mines Ltd (AEM) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.29 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 85.01% 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 0.83 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 5.37. Likewise, its price to free cash flow for the trailing twelve months is 22.73.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.00, a number that is poised to hit 1.22 in the next quarter and is forecasted to reach 5.14 in one year’s time.
Technical Analysis of Agnico Eagle Mines Ltd (AEM)
Let’s dig in a bit further. During the last 5-days, its volume was 1.77 million. That was inferior than the volume of 2.59 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 58.82%. Additionally, its Average True Range was 2.37.
During the past 100 days, Agnico Eagle Mines Ltd’s (AEM) raw stochastic average was set at 72.61%, which indicates a significant increase from 47.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.72% in the past 14 days, which was higher than the 30.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $83.27, while its 200-day Moving Average is $72.88. However, in the short run, Agnico Eagle Mines Ltd’s stock first resistance to watch stands at $84.77. Second resistance stands at $85.83. The third major resistance level sits at $86.85. If the price goes on to break the first support level at $82.69, it is likely to go to the next support level at $81.67. The third support level lies at $80.61 if the price breaches the second support level.
Agnico Eagle Mines Ltd (NYSE: AEM) Key Stats
Market capitalization of the company is 41.99 billion based on 501,902K outstanding shares. Right now, sales total 6,627 M and income totals 1,941 M. The company made 2,156 M in profit during its latest quarter, and 567,120 K in sales during its previous quarter.
