|Bid||44.00 x 1100|
|Ask||48.29 x 1200|
|Day's Range||46.30 - 47.12|
|52 Week Range||32.18 - 47.83|
|Beta (3Y Monthly)||-0.56|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 8, 2017 - Feb 13, 2017|
|Forward Dividend & Yield||0.50 (1.21%)|
|1y Target Est||50.71|
Sean Boyd has been the CEO of Agnico Eagle Mines Limited (NYSE:AEM) since 1998. This report will, first, examine the...
Agnico Eagle Mines has the highest forward enterprise value-to-EBITDA multiple among the senior and intermediate mining companies under review. It's trading at a multiple of 11.8x, implying a premium of 51% to its close peers and 14.6% to its trailing-five-year multiple.
During the first-quarter earnings season, there weren’t many clear-cut earnings beats among gold miners. Of the miners we're discussing, only Agnico Eagle Mines (AEM) beat analysts’ earnings expectations thoroughly on both the top and bottom lines in the quarter.
On May 30 we outlined our bullish thoughts for gold and now we want to suggest that Agnico Eagle Mines Ltd. In this Point and Figure chart of AEM, below, we can see a large accumulation (buying) pattern.
Stock Symbol: AEM (NYSE and TSX) TORONTO , June 13, 2019 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM) ("Agnico Eagle") is pleased to announce that it has delivered a definitive ...
White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the "Company") is pleased to announce an update to its Mineral Resource Estimate on the White Gold property located in Yukon, Canada. Indicated Mineral Resource of 1,039,600 gold ounces within 14,330,000 tonnes at 2.26 g/t gold, and Inferred Mineral Resource of 508,700 gold ounces within 10,696,000 tonnes at 1.48 g/t gold, from the Golden Saddle (“GS”) and Arc deposits representing a 25% increase based on 2018 activities.
Miners of Mexican precious metals are unlikely to be hit significantly if Trump imposes levies on goods from its neighbor, which is the biggest source of U.S. silver imports and its second-largest gold supplier. “Gold and silver markets are fully global, with metal moving all around between countries already,” said Jeffrey Christian, managing director at industry researcher and consultant CPM Group. “The negative impact will be on U.S. smelters and refiners,” if tariffs are imposed on Mexican goods, he said in an email.
Agnico Eagle Mines Ltd. currently produces about 300,000 ounces of gold in Mexico that it refines in the U.S., all of which would likely be subject to the proposed tariffs, Chief Executive Officer Sean Boyd said Wednesday. “It’s not expensive to fly a bar of gold,” Boyd said in an interview at Bloomberg’s Toronto bureau. Meanwhile, the Toronto-based company, Canada’s second-largest gold miner, is reaping some benefits from U.S. isolationism.
Zacks.com featured highlights include: First Majestic Silver, Agnico Eagle Mines, Atlassian and Live Nation Entertainment
TORONTO , May 30, 2019 /CNW/ - Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM) ("Agnico Eagle" or the "Company") today reports that commercial production was achieved at the Company's Meliadine mine on May 14, 2019 . Located near Rankin Inlet, Nunavut, Canada , the Meliadine project was acquired in July 2010 and is Agnico Eagle's largest gold deposit in terms of mineral resources. The Company owns 100% of the 111,358-hectare property. In February 2017 , the Company's Board of Directors approved the construction of the Meliadine project. "Congratulations to all of our employees at Meliadine for achieving commercial production ahead of the original schedule and below the initial capital budget. We would also like to thank the various government agencies and the local communities for their support of the project and our efforts in Nunavut ," said Sean Boyd , Agnico Eagle's Chief Executive Officer. "With Meliadine ramping up production over the balance of the year and Amaruq on schedule to achieve commercial production in the third quarter of 2019, the Company is well positioned to achieve its gold production target of 1.75 million ounces for 2019", added Mr. Boyd.
Gold Miners: Wall Street Optimistic after Q1 Earnings(Continued from Prior Part)Gold miners and broader equitiesGold miners (GDX) are looking cheap compared to broader markets. Currently, the ratio of the NYSE Arca Gold Miners Index to the S&P
Gold Miners: Wall Street Optimistic after Q1 Earnings(Continued from Prior Part)Analysts’ EBITDA expectationsNow that we’ve considered analysts’ revenue estimates for senior and intermediate gold miners (GDX), we’ll discuss analysts’
Gold Miners: Wall Street Optimistic after Q1 Earnings(Continued from Prior Part)Analysts’ revenue expectationsAnalysts’ revenue expectations help decipher their outlook regarding miners’ production and precious metal prices.According to
Gold Miners: Wall Street Optimistic after Q1 EarningsAnalysts are turning optimisticAmong senior and intermediate gold miners (GDX) (GDXJ), analysts are the most optimistic about Agnico Eagle Mines (AEM). Agnico Eagle Mines has the most “buy”
Agnico Eagle (AEM) currently owns around 19.9% of the issued and outstanding ordinary shares of Royal Road on a non-diluted basis.
A Look at These Gold Miners' Financial Health after Q1 Results(Continued from Prior Part)Net debt-to-EBITDAIf a company has high debt but has the capacity to repay it through its earnings, then the debt likely won’t be much trouble for the
Agnico (AEM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
A Look at These Gold Miners' Financial Health after Q1 Results(Continued from Prior Part)Liquidity positionsIn addition to financial leverage, which helps assess a company’s long-term solvency, it is important for investors to look at a
TORONTO, May 24, 2019 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE: AEM, TSX: AEM) ("Agnico Eagle") announced today that it has acquired 26,133,158 ordinary shares of Royal Road Minerals Limited (RYR.V) ("Royal Road") in a private placement by Royal Road at a price of $0.20 per share for total consideration of $5,226,632. Prior to the transaction, Agnico Eagle held ownership of and control over 16,379,550 ordinary shares of Royal Road, representing approximately 9.43% of the issued and outstanding ordinary shares of Royal Road. Agnico Eagle now owns 42,512,708 ordinary shares of Royal Road, representing approximately 19.9% of the issued and outstanding ordinary shares of Royal Road on a non-diluted basis.
A Look at These Gold Miners' Financial Health after Q1 Results(Continued from Prior Part)Strengthening balance sheetsInvestors are usually not concerned about gold miners’ (GDX) (GDXJ) financial health when precious metal prices are high. However,