On Friday, Agnico Eagle Mines Ltd (NYSE: AEM) was -0.06% drop from the session before settling in for the closing price of $106.51. A 52-week range for AEM has been $63.01 – $126.75.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 27.58%. When this article was written, the company’s average yearly earnings per share was at 46.77%. With a float of $505.03 million, this company’s outstanding shares have now reached $505.54 million.
The extent of productivity of a business whose workforce counts for 16968 workers is very important to gauge. In terms of profitability, gross margin is 48.06%, operating margin of 41.82%, and the pretax margin is 39.52%.
Agnico Eagle Mines Ltd (AEM) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Agnico Eagle Mines Ltd stocks. The insider ownership of Agnico Eagle Mines Ltd is 0.10%, while institutional ownership is 65.65%.
Agnico Eagle Mines Ltd (AEM) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.56 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 46.77% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.39% 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
You can see what Agnico Eagle Mines Ltd (AEM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.03. Likewise, its price to free cash flow for the trailing twelve months is 23.62.
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 6.42 in one year’s time.
Technical Analysis of Agnico Eagle Mines Ltd (AEM)
The latest stats from [Agnico Eagle Mines Ltd, AEM] show that its last 5-days average volume of 4.69 million was superior to 3.12 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 15.89%. Additionally, its Average True Range was 4.08.
During the past 100 days, Agnico Eagle Mines Ltd’s (AEM) raw stochastic average was set at 59.26%, which indicates a significant increase from 19.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.01% in the past 14 days, which was higher than the 37.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $110.02, while its 200-day Moving Average is $90.87. Now, the first resistance to watch is $107.29. This is followed by the second major resistance level at $108.13. The third major resistance level sits at $109.80. If the price goes on to break the first support level at $104.79, it is likely to go to the next support level at $103.12. The third support level lies at $102.28 if the price breaches the second support level.
Agnico Eagle Mines Ltd (NYSE: AEM) Key Stats
There are 503,266K outstanding shares of the company, which has a market capitalization of 53.81 billion. As of now, sales total 8,286 M while income totals 1,896 M. Its latest quarter income was 2,468 M while its last quarter net income were 814,730 K.
