AEM - Agnico Eagle Mines Limited
| Previous Close | 40.89 |
| Open | 40.83 |
| Bid | 41.07 x 800 |
| Ask | 41.08 x 900 |
| Day's Range | 40.72 - 41.22 |
| 52 Week Range | 32.18 - 47.83 |
| Volume | 705,114 |
| Avg. Volume | 1,293,336 |
| Market Cap | 9.659B |
| Beta (3Y Monthly) | -0.53 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -1.43 |
| Earnings Date | Feb 8, 2017 - Feb 13, 2017 |
| Forward Dividend & Yield | 0.50 (1.15%) |
| Ex-Dividend Date | 2019-05-30 |
| 1y Target Est | 50.67 |
- Zacks•22 hours ago
Agnico (AEM) Up 1.3% Since Last Earnings Report: Can It Continue?
Agnico (AEM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Market Realist•2 days agoWhich Gold Miners Have the Best Liquidity Profile?
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
- PR Newswire•2 days ago
Agnico Eagle Announces Investment in Royal Road Minerals Limited
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.
Market Realist•2 days agoA Look at These Gold Miners’ Financial Health after Q1 Results
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,
- Market Realist•2 days ago
How Does Gold Miners’ Financial Leverage Look after Q1?
A Look at These Gold Miners' Financial Health after Q1 ResultsLeverage ratiosIn the gold mining space, it’s important for investors to keep an eye on miners’ DE (debt-to-equity) ratio. This ratio shows the mix of debt and equity in a
- Zacks•9 days ago
4 Toxic Stocks to Abandon or Sell Short for Solid Gains
Overhyped toxic stocks are usually susceptible to external shocks and loaded with huge amount of debt.
Market Realist•11 days agoWhat Could Affect Barrick Gold’s Valuation Mulitple
Could Barrick Gold Be Your Long-Term Gold Bet after Q1?(Continued from Prior Part)ValuationAmong senior and intermediate miners (GDX), Agnico Eagle Mines (AEM) has the highest EV1-to-EBITDA multiple of 10.9x. The multiple is 5.5% higher than its
GuruFocus.com•11 days agoAgnico Eagle Mines Is Poised to Outperform
Over the past five days, the U.S. stock market has declined on fears about a trade war between the U.S. and China. Following the decision of President Donald Trump's administration to increase tariffs from 10% to 25% on $200 billion worth of Chinese goods, the S&P 500 index lost 0.8% and the Dow Jones Industrial Average index decreased 0.9%. Warning! GuruFocus has detected 6 Warning Signs with AEM.
- Simply Wall St.•11 days ago
Is Agnico Eagle Mines Limited (NYSE:AEM) A Strong Dividend Stock?
Is Agnico Eagle Mines Limited (NYSE:AEM) a good dividend stock? How would you know? Dividend paying companies with...
- Market Realist•13 days ago
Gold and Miners Gain as Trade War Fear Makes a Comeback
Gold and Miners Gain as Trade War Fear Makes a ComebackUS-China trade war escalatesThe US-China trade war just got more dangerous. After some optimism last week with the two sides appearing to approach some sort of agreement, markets seem to have
- InvestorPlace•13 days ago
5 Gold Stocks That Should Keep Glittering in 2019
Editor's note: This story was previously published in February 2019. It has since been updated and republished.As concerns about the health of the global economy continue, one asset class has started to shine in a big way. We're talking about precious metals and gold stocks.The price of gold has steadily climbed and is now around $1283 per ounce. For the various gold stocks, this is a huge blessing.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAfter suffering from low gold prices for years, the steady climb is great news for the sector's bottom line. That's because the gold stocks make money on the difference between what it costs them to produce and what gold is trading at. The difference between the two price points is generally all profit for the major mining firms. So, the higher gold goes, the more money the miners will make. * 7 Cloud Stocks to Buy on Overcast Days With increasing volatility and uncertainty in the world as well as rising M&A, the gold stocks are sitting pretty in the current environment. Gold should stay steady and increase as the world's economy begins to slow. Then it will be all gravy for the various gold mining stocks.But which ones could be the best? Here are five gold stocks that should add some shine to a portfolio.Source: Jeremy Vohwinkle via Flickr (Modified) Barrick Gold (GOLD)When it comes to gold stocks, bigger is often better. As a miner, you can use scale to reduce costs and boost efficiency at your mines. And with gold prices rising, the largest mining stocks are able to pull in a bigger spread when comes to all-in cash costs. So, when one of the biggest gold miners gets that much bigger, you pounce on the opportunity.In this case, we're talking about Barrick Gold (NYSE:GOLD)GOLD was already a top-dog in the sector, but it's getting even better. When Barrick made the bold move to acquire rival Randgold Resources in 2018, it created the world's biggest gold mining firm. Combined the new company will own five of the world's top tier one gold mines. Tier one mines are prized as they are large, low-cost and have very long life-spans. The combination will help drive future profitability and production.So far this year, Barrick has been a little volatile, but is moving back up after peaking and falling back in March. doing well in the current gold environment. When it released it's year-end numbers it met expectations, but a recent earnings beat has stoked confidence.With a strong and growing dividend, lower cost potential and higher selling prices, Barrick is simply one of the best gold stocks to own.Source: Shutterstock Kirkland Lake Gold (KL)Kirkland Lake Gold (NYSE:KL) is a relative newcomer in the sector, but it's already moving up the gold stocks ladder to be a huge winner and attract major investor attention.KL owns four producing mines in Canada and Australia. And that's a good place to be. With safety and standard mining rules in place, KL has been able to see some huge results in its short life-span. The firm's strong production has it on pace to keep setting new expectations. Kirkland already has a new production record, mining 231.9 kilos in the first quarter of 2019. * 7 Dangerous Dividend Stocks to Stay Far Away From Meanwhile, the gold stocks mines are pretty low cost as well. Back in 2016, when it was ramping up its mines, KL's cash cost was around $930. Management at the gold miner expects that number to fall to just $680 for all of 2019.Pulling more production at higher selling prices while your cost is falling is a recipe for success. @ith some of the best metrics in the entire sector and continuing rising gold prices, KL stock should be a winner over the rest of the year.For investors, Kirkland may be unknown, but it won't stay that way for long.Source: Bullion Vault via Flickr (Modified) Coeur Mining Inc (CDE)Truth be told, Coeur Mining (NYSE:CDE) has long been the red-headed stepchild of the mining sector. The silver producer has typically been a penny stock and hasn't really produced great returns for long term investors. However, the firm's recent moveinto gold might change that.Historically, CDE has been a silver miner, but over the last few years, the mining firm has ramped-up gold production. Today, the yellow metal makes up more than 45% of CDE's mining revenue. That's a complete flip-flop with silver over the last decade, which is good for CDE because gold provides better margins.And speaking of those margins, Coeur has been able to release lower costs as well. Since 2014, CDE has been able to reduce its all-in costs at its five mines by more 20%. With gold and silver prices rising, CDE's lower cash costs will allow to pull in more per oz going forward. This helps explain why the stock has rocketed higher since the start of the year.And it could keep going. With a strong balance sheet, plenty of reserves in the ground and expansion plans on the table, there's no reason why this silver producer turned gold stock won't see gains. It's certainly a riskier play than Barrick or even Kirkland, but the reward could be greater.Source: Karangahake Gorge Tunnel (New Zealand) via Flickr (Modified) Agnico-Eagle Mines (AEM)Shortly after Barrick purchased Randgold, other big-time gold stock Newmont (NYSE:NEM) made an offer for Goldcorp (NYSE:GG). Gold stocks are now M&A targets. The question is, who could be next. The answer very well could be Agnico-Eagle Mines (NYSE:AEM).AEM owns eight mines are located in Canada, Finland and Mexico. These mines feature high-quality and easy-to-access ore. That's helped Agnico-Eagle have some of the lowest all-in cash costs in the industry.According to AEM, the vast bulk of its current mineral reserves are able to be mined at total cash costs below $900 oz. And that number continues to fall as several other expansion efforts come online in the next year or two. All of this has helped AEM become a top-tier miner that features plenty of cash flows and a growing dividend. * 10 Great Stocks to Buy on Dips This makes it very attractive to larger rivals looking to instantly beef up their holdings with high-quality gold reserves. And with a market cap of only around $10 billion, the gold miner is very easy to swallow. And even if a buyout doesn't happen, AEM is still one of the best gold stocks to hold in a rising price environment.For investors, AEM is the total package of potential and current gains.Source: Shutterstock iShares MSCI Global Gold Miners ETF (RING)Given the opportunities for many gold stocks to see gains with higher prices, perhaps a broad approach is best. Typically, the VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) is the first stop when it comes to broad gold mining stock exposure. However, the iShares MSCI Global Gold Miners ETF (NASDAQ:RING) may be a better fund.RING and GDX track similar indexes of global gold producers. However, RING is slightly more concentrated with just 37 different miners versus GDX's nearly 60. That concentration hasn't hurt the performance of RING. Over the last three years, the average annual return for the ETF has clocked in at around 16%. That's roughly equal to GDX's performance over that time.But over the long haul, RING's edge comes down to expenses. RING only charges 0.39% or around $39 per $10,000 invested. Meanwhile, GDX's expense ratio clocks in at 0.53%. All things being equal RING should be able to outperform GDX as GDX has a larger expense drag. Even better is that RING is available to trade commission free at many brokerage firms such as Fidelity.Given the lower fees and potential to save on trading commissions, investors looking to broadly play the gold stocks may want to pick the smaller RING over the popular VanEck fund.At the same of writing, Aaron Levitt did not hold a position in any of the stocks mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks That Won Super Bowl Sunday * 7 High-Yield ETFs for Brave Investors * 10 F-Rated Stocks That Could Break Your Portfolio Compare Brokers The post 5 Gold Stocks That Should Keep Glittering in 2019 appeared first on InvestorPlace.
- MoneyShow•16 days ago
Four Favorites for a Gold Upmove
Gold shares are showing signs of support buildup at current lows, explains Omar Ayales, precious metal expert and editor of GCRU Weekly Trading Service.
- Kiplinger•19 days ago
5 Best-of-Breed Gold Stocks to Buy Now
Gold prices have endured an up-and-down 2019 that has seen the yellow metal surge for the first couple months before sliding to a slight year-to-date loss. Still, gold stocks - the mining companies that actually produce the shiny commodity - are worth a look right now.A little exposure to gold can help your portfolio. And one way to get that exposure is via mining companies, whose results are heavily tied to the metal's price but can also stand out from one another based on their management, operational efficiency and economies of scale.Prices, while slightly lower this year, remain well off their two-year lows set in August 2018, sitting roughly in the middle of their three-year range. Moreover, gold and gold stocks remain a hedge against market, economic and geopolitical turmoil here and abroad. Choose your catalyst: failure to reach a trade deal with China, saber-rattling on the Korean peninsula, a no-deal Brexit, new Russian incursions. Any of these could help gold regain its moxie.Here are five gold stocks to buy to take advantage of additional sparks in the yellow metal. All five stand out as some of the best operators in the space, and all do something that gold itself can't do: pay cash dividends. SEE ALSO: 50 Top Stocks That Billionaires Love
- Zacks•24 days ago
Agnico Eagle (AEM) Beats Earnings and Sales Estimates in Q1
Agnico Eagle's (AEM) Q1 results surpass estimates despite a decline in gold sales volume and lower realized gold price.
- Zacks•25 days ago
Newmont Goldcorp (NEM) Halts Operations at Penasquito Mine
Newmont Goldcorp (NEM) is committed to good-faith dialogue with blockade leaders.
- Market Realist•26 days ago
Gold: Analysts Are Bullish despite Weak Performance in 2019
Gold: Analysts Are Bullish despite Weak Performance in 2019Gold’s price performance Gold prices have fallen 3% YTD (year-to-date) as of April 26. Gold prices fell ~1.9% in 2018 and significantly underperformed broader markets. The S&P 500
- Market Realist•27 days ago
Assessing Gold Miners’ Free Cash Flow This Year and Beyond
Checking In on Gold Miners Ahead of Their Q1 2019 Results(Continued from Prior Part)Analysts’ estimates for FCF Investors are usually interested in gold mining companies’ (GDX) (GDXJ) ability to generate FCF (free cash flow), as it helps them
Market Realist•27 days agoWhich Gold Stocks Could Beat Analysts’ Earnings Expectations in Q1?
Checking In on Gold Miners Ahead of Their Q1 2019 Results(Continued from Prior Part)Earnings estimates Many gold miners (RING) are set to release their first-quarter results shortly. Analysts expect Barrick Gold’s (GOLD) EBITDA to rise 6.2% YoY
- Market Realist•27 days ago
What’s Driving Analysts’ Revenue Estimates for Gold Miners
Checking In on Gold Miners Ahead of Their Q1 2019 Results(Continued from Prior Part)Analysts’ forecasts Analysts’ revenue estimates for gold miners (GDX) are important to track as they give us a good idea about their gold price (GLD) outlook and
- PR Newswire•last month
Agnico Eagle Announces Election of Directors
TORONTO , April 26, 2019 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM) ("Agnico Eagle") today announced that, at the annual and special meeting of shareholders held on April ...
Motley Fool•last monthAgnico Eagle Mines Ltd (AEM) Q1 2019 Earnings Call Transcript
AEM earnings call for the period ending March 31, 2019.
Market Realist•last monthAEM’s Cash Harvesting Phase Is Coming Up
AEM Beats Q1 Earnings and Revenue Estimates, Wall Street Bullish(Continued from Prior Part)AEM’s stock outperformanceAgnico Eagle Mines’ (AEM) stock has significantly outperformed its peers year-to-date. Up to April 25, AEM’s stock has risen
