Agnico Eagle Mines Ltd (NYSE: AEM) on Monday, plunged -5.01% from the previous trading day, before settling in for the closing price of $163.35. Within the past 52 weeks, AEM’s price has moved between $75.17 and $187.50.
A company in the Basic Materials sector has jumped its sales by 13.68% annually for the last half of the decade. The company achieved an average annual earnings per share of 81.95%. With a float of $501.93 million, this company’s outstanding shares have now reached $502.34 million.
Agnico Eagle Mines Ltd (AEM) Insider Updates
Observing investor behavior towards Gold industry stocks is more important than anything else. The insider ownership of Agnico Eagle Mines Ltd is 0.08%, while institutional ownership is 65.28%.
Agnico Eagle Mines Ltd (AEM) Performance Highlights and Predictions
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.14 earnings per share (EPS) for the period topping the consensus outlook (set at 1.02) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.2 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 81.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 27.92% 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 1.16 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 8.07. Likewise, its price to free cash flow for the trailing twelve months is 25.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.88, a number that is poised to hit 1.95 in the next quarter and is forecasted to reach 9.88 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 3.73 million. That was better than the volume of 3.0 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 15.97%.
During the past 100 days, Agnico Eagle Mines Ltd’s (AEM) raw stochastic average was set at 55.65%, which indicates a significant increase from 8.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 6.36 in the past 14 days, which was higher than the 3.90 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $157.20, while its 200-day Moving Average is $122.64. However, in the short run, Agnico Eagle Mines Ltd’s stock first resistance to watch stands at $159.56. Second resistance stands at $163.94. The third major resistance level sits at $167.68. If the price goes on to break the first support level at $151.44, it is likely to go to the next support level at $147.70. Assuming the price breaks the second support level, the third support level stands at $143.32.
Agnico Eagle Mines Ltd (NYSE: AEM) Key Stats
Market capitalization of the company is 77.95 billion based on 502,814K outstanding shares. Right now, sales total 8,286 M and income totals 1,896 M. The company made 2,816 M in profit during its latest quarter, and 1,069 M in sales during its previous quarter.
