Agnico Eagle Mines Ltd (NYSE: AEM) on Friday, plunged -0.94% from the previous trading day, before settling in for the closing price of $119.63. Within the past 52 weeks, AEM’s price has moved between $63.01 and $126.75.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 27.58%. The company achieved an average annual earnings per share of 44.11%. With a float of $505.01 million, this company’s outstanding shares have now reached $505.54 million.
Considering the fact that the conglomerate employs 16968 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 44.54%, operating margin of 38.05%, and the pretax margin is 34.1%.
Agnico Eagle Mines Ltd (AEM) Breakdown of a Key Holders of the stock
Observing investor behavior towards Gold industry stocks is more important than anything else. The insider ownership of Agnico Eagle Mines Ltd is 0.10%, while institutional ownership is 63.42%.
Agnico Eagle Mines Ltd (AEM) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.63 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 44.11% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.19% during the next five years compared to 13.68% growth over the previous five years of trading.
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 1.20 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 6.71. Likewise, its price to free cash flow for the trailing twelve months is 26.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.71, a number that is poised to hit 1.50 in the next quarter and is forecasted to reach 6.22 in one year’s time.
Technical Analysis of Agnico Eagle Mines Ltd (AEM)
Compared to the last year’s volume of 2.98 million, its volume of 4.95 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 46.70%. Additionally, its Average True Range was 4.54.
During the past 100 days, Agnico Eagle Mines Ltd’s (AEM) raw stochastic average was set at 83.46%, which indicates a significant increase from 74.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.62% in the past 14 days, which was higher than the 34.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $105.40, while its 200-day Moving Average is $88.02. Nevertheless, the first resistance level for the watch stands at $119.84 in the near term. At $121.17, the stock is likely to face the second major resistance level. The third major resistance level sits at $122.86. If the price goes on to break the first support level at $116.82, it is likely to go to the next support level at $115.12. Now, if the price goes above the second support level, the third support stands at $113.79.
Agnico Eagle Mines Ltd (NYSE: AEM) Key Stats
Market capitalization of the company is 59.91 billion based on 503,266K outstanding shares. Right now, sales total 8,286 M and income totals 1,896 M. The company made 2,224 M in profit during its latest quarter, and 509,260 K in sales during its previous quarter.
