Agnico Eagle Mines Ltd (NYSE: AEM) on Tuesday, soared 1.92% from the previous trading day, before settling in for the closing price of $82.36. Within the past 52 weeks, AEM’s price has moved between $44.37 and $89.00.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 28.22%. The company achieved an average annual earnings per share of 84.77%. With a float of $500.86 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
Observing investor behavior towards Gold industry stocks is more important than anything else. The insider ownership of Agnico Eagle Mines Ltd is 0.13%, while institutional ownership is 63.76%.
Agnico Eagle Mines Ltd (AEM) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.27 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 84.77% 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 5.38. Likewise, its price to free cash flow for the trailing twelve months is 22.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.00, a number that is poised to hit 1.21 in the next quarter and is forecasted to reach 5.12 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 1.62 million, which is a jump from its year-to-date volume of 1.53 million. As of the previous 9 days, the stock’s Stochastic %D was 72.75%. Additionally, its Average True Range was 2.24.
During the past 100 days, Agnico Eagle Mines Ltd’s (AEM) raw stochastic average was set at 63.41%, which indicates a significant decrease from 77.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.69% in the past 14 days, which was lower than the 30.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $82.08, while its 200-day Moving Average is $75.30. However, in the short run, Agnico Eagle Mines Ltd’s stock first resistance to watch stands at $84.68. Second resistance stands at $85.42. The third major resistance level sits at $86.78. If the price goes on to break the first support level at $82.58, it is likely to go to the next support level at $81.22. Should the price break the second support level, the third support level stands at $80.48.
Agnico Eagle Mines Ltd (NYSE: AEM) Key Stats
Market capitalization of the company is 42.10 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.
