Why To Invest In Agnico Eagle Mines Ltd (NYSE: AEM) Stock?

In the latest trading session,, 0.81 million Agnico Eagle Mines Ltd (NYSE:AEM) shares changed hands as the company’s beta touched 0.46. With the company’s most recent per share price at $111.14 changing hands around $2.92 or 2.70% at last look, the market valuation stands at $56.19B. AEM’s current price is a discount, trading about -14.05% off its 52-week high of $126.75. The share price had its 52-week low at $63.01, which suggests the last value was 43.31% up since then. When we look at Agnico Eagle Mines Ltd’s average trading volume, we note the 10-day average is 3.98 million shares, with the 3-month average coming to 3.61 million.

Analysts gave the Agnico Eagle Mines Ltd (AEM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.57. If we narrow down to specifics, the data shows that 0 out of 9 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended AEM as a Hold, 8 felt it is a Buy and 0 rated the stock as Underweight.

Agnico Eagle Mines Ltd (NYSE:AEM) trade information

Instantly AEM is in green as seen in intraday trades today. With action 3.87%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 42.10%, with the 5-day performance at 3.87% in the green. However, in the 30-day time frame, Agnico Eagle Mines Ltd (NYSE:AEM) is -9.99% down. Looking at the short shares, we see there were 6.04 million shares sold at short interest cover period of 1.29 days.

The consensus price target for the stock as assigned by Wall Street analysts is 115.5, meaning bulls need an upside of 3.77% from its recent market value. According to analyst projections, AEM’s forecast low is 105 with 126 as the target high. To hit the forecast high, the stock’s price needs a -13.37% plunge from its current level, while the stock would need to tank 5.52% for it to hit the projected low.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 13.68%. The 2025 estimates are for Agnico Eagle Mines Ltd earnings to increase by 46.77%, but the outlook for the next 5-year period is at 10.39% per year.

AEM Dividends

Agnico Eagle Mines Ltd is expected to release its next quarterly earnings report on 2025-Apr-23. The 1.44% annual yield figure for the share gives it an annual dividend of 1.60. It is important to note, however, that the 1.44% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 2.41 per year.

Agnico Eagle Mines Ltd (NYSE:AEM)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 0.07% of Agnico Eagle Mines Ltd shares while 72.40% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 72.46%. There are 72.40% institutions holding the Agnico Eagle Mines Ltd stock share, with VAN ECK ASSOCIATES CORP the top institutional holder. As of 2024-06-30, the company held 4.469% of the shares, roughly 22.32 million AEM shares worth $1.46 billion.

FIL LTD holds the second largest percentage of outstanding shares, with 4.2901% or 21.43 million shares worth $1.4 billion as of 2024-06-30.

Among Mutual Funds, the top two as of Apr 30, 2025 were VanEck ETF Trust-VanEck Gold Miners ETF and Income Fund of America . With 15.09 shares estimated at $1.67 billion under it, the former controlled 3.00% of total outstanding shares. On the other hand, Income Fund of America held about 1.95% of the shares, roughly 9.83 shares worth around $1.08 billion.