On Friday, Agnico Eagle Mines Ltd (NYSE: AEM) opened lower -0.62% from the last session, before settling in for the closing price of $98.96. Price fluctuations for AEM have ranged from $44.37 to $99.70 over the past 52 weeks.
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A company in the Basic Materials sector has jumped its sales by 28.22% annually for the last half of the decade. Company’s average yearly earnings per share was noted 83.94% at the time writing. 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 Updates
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 61.74%.
Agnico Eagle Mines Ltd (AEM) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.32 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 83.94% 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 6.31. Likewise, its price to free cash flow for the trailing twelve months is 26.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.00, a number that is poised to hit 1.18 in the next quarter and is forecasted to reach 5.21 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 2.71 million. That was better than the volume of 1.9 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 89.88%. Additionally, its Average True Range was 2.52.
During the past 100 days, Agnico Eagle Mines Ltd’s (AEM) raw stochastic average was set at 93.09%, which indicates a significant increase from 87.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.66% in the past 14 days, which was lower than the 31.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $85.24, while its 200-day Moving Average is $77.82. However, in the short run, Agnico Eagle Mines Ltd’s stock first resistance to watch stands at $99.58. Second resistance stands at $100.80. The third major resistance level sits at $101.54. If the price goes on to break the first support level at $97.62, it is likely to go to the next support level at $96.88. Assuming the price breaks the second support level, the third support level stands at $95.66.
Agnico Eagle Mines Ltd (NYSE: AEM) Key Stats
There are currently 502,269K shares outstanding in the company with a market cap of 49.32 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.
