During the recent session, Agnico Eagle Mines Ltd (NYSE:AEM)’s traded shares were 2.04 million, with the beta value of the company hitting 1.04. At the last check today, the stock’s price was $64.63, reflecting an intraday gain of 1.48% or $0.94. The 52-week high for the AEM share is $64.19, that puts it up 0.68 from that peak though still a striking 33.13% gain since the share price plummeted to a 52-week low of $43.22. The company’s market capitalization is $32.25B, and the average trade volume was 3.42 million shares over the past three months.
Agnico Eagle Mines Ltd (NYSE:AEM) trade information
Agnico Eagle Mines Ltd (AEM) registered a 1.48% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.48% in intraday trading to $64.63, hitting a weekly high. The stock’s 5-day price performance is 1.83%, and it has moved by 15.29% in 30 days. Based on these gigs, the overall price performance for the year is 14.75%.
Agnico Eagle Mines Ltd (AEM) estimates and forecasts
Statistics show that Agnico Eagle Mines Ltd has outperformed its competitors in share price, compared to the industry in which it operates. Agnico Eagle Mines Ltd (AEM) shares have gone up 30.72% during the last six months, with a year-to-date growth rate more than the industry average at 19.28% against 6.50. In the rating firms’ projections, revenue will increase 9.80% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.73B as predicted by 3 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 1.99B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.51B and 1.71B respectively. In this case, analysts expect current quarter sales to grow by 14.80% and then jump by 16.40% in the coming quarter.
While earnings are projected to return 28.16% in 2024, the next five years will return -0.70% per annum.
AEM Dividends
Agnico Eagle Mines Ltd is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Agnico Eagle Mines Ltd is 1.60, with the dividend yield indicating at 2.48 percent, continuing the trend of increasing dividends in recent years.
