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AEM·Agnico Eagle Mines Limited

$176.97
-8.64 (-4.65%)
After Hours
High
$185.59
Open
$181.00
Market Cap
137.47B
52W High
$260.02
Low
$173.97
P. Close
$176.97
P/E
16.41
52W Low
$134.38
Fwd P/E
14.99
DailyIQ Est.
$240.41
Inst. Ownership
13.0%
Short Interest
0.84%
Days to Cover
3.4
Div. Yield
0.95%
Next Ex-Div
~Dec 1
Technical Score (1D)
63
BULLISH
News Sentiment
63
BULLISH
On Oct 11, Jim Cramer returned to his favorite gold miner, Agnico Eagle Mines, during the October 8 episode of Mad Money, noting a bullish technical outlook for gold that could benefit the company’s low‑cost production. He highlighted that AEM produced 855,816 ounces in Q2 and generated $1.335 billion in free cash flow, underscoring the miner’s efficient cost structure. Cramer’s positive tone implied potential upside for the miner, though he clarified that enthusiasm did not automatically translate into a buy recommendation. The commentary suggested that a rebound in gold prices could further enhance AEM’s profitability. No other developments were reported for the company on that date.
LOW TARGET
$87 -50.9%
1 analysts
MEAN TARGET
$220 +24.2%
13 analysts
HIGH TARGET
$300 +69.5%
8 analysts
PRICE RANGE
$87.00 - $300.00
SB / B / H / S / SS
4/12/4/1/1
DAILYIQ EST.
$240.41 (+35.8%)
Sector
Basic Materials
Industry
Gold
Exchange
NYQ
Country
Canada
Symbol
AEM
Description
Agnico Eagle Mines Limited, a gold mining company, engages in the exploration, development, and production of precious metals. It explores for gold, silver, copper, and zinc. The company's mines are located in Canada, Australia, Finland, and Mexico; and with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States. Agnico Eagle Mines Limited was incorporated in 1953 and is headquartered in Toronto, Canada.
76/ 100
Bullish
Overall: Bullish
✓Revenue growing year over year
✓Positive net margin
✓Positive operating cash flow
Net Margin
16.2%
Revenue CAGR
33.0%
Current Ratio
3.26x
Debt / Equity
0.24x
Return on Equity
9.1%
Earnings Summary
Agnico Eagle Mines Limited is a global gold mining company that explores, develops, and produces gold, silver, copper, and zinc across Canada, Australia, Finland, and Mexico, with additional exploration activities worldwide. Operating in the basic materials sector, Agnico Eagle focuses on low-cost production and efficient cost structures to drive profitability. In Q2 2025, the company reported earnings of $1.94 per share, surpassing the $1.80 estimate, and generated $2.816 billion in revenue, indicating solid operational performance. While Q3 2025 earnings data are pending, analysts projected a $2.92 EPS and $3.572 billion revenue, suggesting continued upside potential. The company’s historical earnings trajectory shows a consistent upward trend, with Q2 2025 EPS beating estimates and revenue growth aligning with the company’s expansion plans. Agnico Eagle’s ability to maintain earnings beats amid fluctuating gold prices reflects its resilient cost base and efficient production. Recent news from October 11 highlights Jim Cramer’s bullish technical outlook for gold and praise for Agnico Eagle’s low-cost production, noting 855,816 ounces produced in Q2 and $1.335 billion free cash flow, which could enhance future profitability.

EPS

EstBeatMiss
$1.64$2.00$2.36$2.73$3.09Q2'25Q3'25
QtrEstActual+/−
Q3'25$2.92 - -
Q2'25$1.80$1.94+7.5%

Revenue

EstBeatMiss
$2.7B$2.9B$3.2B$3.4B$3.7BQ2'25Q3'25
QtrEstActual+/−
Q3'25$3.6B - -
Q2'25 - $2.8B -

Market Data

AEM Stock Snapshot

NEUTRAL63/100
$176.70−$0.27 (0.2%)
Market cap
137.47B
P/E ratio
16.4
Day range
$173.97 – $185.59
News sentiment
63/100 · Bullish
Analyst target
$219.82 (+24.4%)
Consensus
Buy · 22 analysts
52-week range+31.5% off low · -32.0% from high
$134.38$260.02
Price $176.70 DailyIQ Est. $240.41

AEM is in a holding pattern - neither trend nor momentum has taken control. Earnings and guidance carry more weight than macro data at this capitalisation.

Behaviour On Record

What AEM's own history says about today's numbers

Realized volatility (21d)
35.4% 49th pct
Below its peak
-26.8%
vs 200-day average
-2.2%
Up days (1y)
50%

Agnico Eagle Mines Limited is currently running 35.4% annualised volatility over the last 21 sessions. Measured against AEM's own 13 years of daily returns rather than a market-wide average, that is the 49th percentile — close to its own typical level, against a typical reading of 36.0%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

AEM is trading -26.8% below its running peak. Across 12 full years on file, its median worst-drawdown-in-a-year was -35.7%, and the deepest was -48.0% in 2014. The current pullback is therefore shallower than what this stock gives back in a typical year, which is context worth having before treating it as a dislocation.

Price sits -2.2% from its 200-day moving average. Against every other day in its history, that gap ranks at the 37th percentile — close to the gap it normally carries. Over the past year AEM closed higher on 50% of sessions, and it is currently 3 sessions into a falling streak.

On October specifically: over 14 years of records, AEM finished the month higher 8 of 14 times, with a median return of +2.8% and an average of +2.7%. Its strongest month historically has been April at +5.9% on average, its weakest February at -4.0%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: AEM has opened more than 2% away from the prior close in 269 of 3,268 sessions (8.2% of the time), with the largest gaps running +15.1% and -10.4%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

All figures computed from 3,269 daily closes between 2013-10-15 and 2026-10-14, split-adjusted, recomputed daily. Percentiles are against AEM's own 13-year history, not a peer group or index.

Sector Rotation

Is money rotating into or out of AEM's sector?

Agnico Eagle Mines Limited sits in the Materials sector, currently ranked 9th of 12 GICS sectors by relative-strength rotation score (improving).

Sector rank
#9 of 12
Sector state
Improving
Sector rotation score
45

Options Market

What is the options market pricing for AEM?

CallsPuts

For Agnico Eagle Mines Limited's nearest expiry (2026-10-16, 2 days out), open interest is roughly balanced between puts and calls (put/call ratio of 0.95), with at-the-money implied volatility around 43.9%. The options market is pricing roughly a ±4.3% move by that expiry — a range of about $178.01–$193.99.

Put/call ratio (2026-10-16)
0.95
ATM implied volatility
43.9%
Total open interest
20,258
Expected move by 2026-10-16
±4.3% ($178.01–$193.99)

Analyst Rating Changes

Are analysts turning bullish or bearish on AEM?

UBS most recently reiterated its rating on Agnico Eagle Mines Limited to Neutral on Oct 8, 2026 with a price target of $190 (from $170). Over the last 90 days, coverage has run 0 upgrades against 0 downgrades, a net mixed lean.

Latest action
UBS — Neutral
90-day upgrades
0
90-day downgrades
0
Net rating momentum
0
DateFirmActionRatingPrice target
Oct 8, 2026UBSMaintainedNeutral$170 → $190
Sep 16, 2026RBC CapitalMaintainedSector Perform$210 → $225
Aug 3, 2026JP MorganMaintainedNeutral$175 → $179
Jul 21, 2026JP MorganMaintainedNeutral$222 → $175
Jul 16, 2026BarclaysMaintainedOverweight$210 → $188
Jul 14, 2026ScotiabankMaintainedSector Outperform$278 → $260
Jul 9, 2026RBC CapitalMaintainedSector Perform$230 → $210
Jul 9, 2026B of A SecuritiesMaintainedBuy$302 → $240
Jul 6, 2026BarclaysMaintainedOverweight$213 → $210
Jul 6, 2026JefferiesUpgradeHold → Buy$187 → $200
Jun 30, 2026UBSMaintainedNeutral$210 → $170
May 26, 2026CIBCMaintainedOutperformer$304 → $310

Peers & ETF holders

AEM peers & ETF holders

News Sentiment Analysis

Sentiment gathered from recent headlines

63/100
Strong NegativeNeutralStrong Positive
MODERATELY BULLISH

Recent News Coverage

Most recent articles, ranked by recency (click to expand).

10+ articles
What did this article say?
During the October 8 episode of Mad Money, Jim Cramer highlighted Agnico Eagle Mines (AEM) after a bullish technical outlook for gold. He noted that AEM’s low‑cost production could benefit from a gold rebound, citing the company’s 855,816 ounces produced in Q2 and $1.335 billion in free cash flow. Cramer’s positive tone suggested potential upside for the miner, though he clarified that enthusiasm did not automatically translate into a buy recommendation.
What did this article say?
Agnico Eagle Mines (AEM) closed at $189.02, up 2.8% on the day, outperforming the S&P 500. The gold miner’s shares had declined 6.51% over the past month, but the recent gain signals a rebound. Analysts expect the company to report earnings of $2.45 per share for the quarter, a 13.43% increase from the same period last year, and revenue of $3.53 billion, up 15.49%. The full‑year consensus projects earnings of $11.46 per share and revenue of $15.04 billion, representing year‑over‑year gains of 38.41% and 26.28% respectively.
What did this article say?
Agnico Eagle Mines (AEM) closed the session at $183.87, up 1.93%, outperforming the S&P 500’s 0.47% decline. The gold miner’s stock has fallen 10.95% over the past month, lagging its sector and the broader market. Investors are watching the upcoming earnings release on October 28, 2026, where analysts project a 13.43% year‑over‑year earnings growth to $2.45 per share and revenue of $3.53 billion, up 15.49% from the prior quarter.
What did this article say?
UBS increased its price target for Agnico Eagle Mines (AEM) from $170 to $190 while maintaining a neutral rating. The upgrade reflects confidence in AEM’s operational performance and resource base. The new target aligns with the broader market consensus of an overweight stance and a mean price target near $226. The adjustment signals a modest bullish view for the company without indicating a significant shift in fundamentals.
What did this article say?
Agnico Eagle Mines (AEM) has attracted significant interest from Zacks.com users, prompting a review of factors that could influence its near‑term performance. Over the past month, AEM shares fell 11%, while the broader S&P 500 rose 1.4% and the gold mining sector declined 16.9%. The article highlights that earnings estimate revisions are the primary driver for Zacks’ valuation assessments, suggesting that any changes in AEM’s earnings outlook could impact investor sentiment. No material corporate announcements or guidance updates were reported, indicating the current view is largely based on market dynamics rather than company‑specific catalysts.
What did this article say?
UBS analyst Daniel Major maintained a neutral stance on Agnico Eagle Mines (NYSE:AEM) while raising the price target from $170 to $190. The upgrade reflects confidence in the company’s mining operations and future production outlook. The new target suggests a potential upside for investors, though the rating remains unchanged.
What did this article say?
On October 5, 2026, the Canadian news agency reported that China’s antimony export ban to the United States would lift on November 27, 2026. The lift is expected to increase supply availability for antimony‑dependent industries, including flame retardants, batteries, and ammunition. AEM, a producer of antimony‑rich lead‑acid batteries, is positioned to benefit from the expanded market access and projected growth of the global antimony market. The article highlighted AEM’s role among other antimony‑related companies and noted the company’s potential to capture higher demand as the policy clock ticks down.
What did this article say?
Agnico Eagle Mines (AEM) closed up 1.72% on October 2, outperforming the S&P 500 and Nasdaq. The gold miner had a 12.81% monthly decline but remains a focus for investors ahead of its earnings release on October 28. Analysts project EPS of $2.45, up 13.43% YoY, and revenue of $3.53 billion, a 15.49% increase from the prior quarter. Full‑year estimates forecast earnings of $11.46 per share and revenue of $15.04 billion, marking substantial year‑over‑year gains. The market is closely watching AEM for a potential earnings beat and upside guidance.
What did this article say?
In late September 2026, Agnico Eagle Mines announced a multi‑asset expansion plan that will lift annual gold production by 1.5 million ounces by 2030. The company noted higher cash and all‑in sustaining costs but emphasized that the scale of the projects should strengthen earnings per share and free cash flow over the long term. The expansion is expected to enhance Agnico’s production portfolio and support future capital allocation decisions.

Technical Analysis

Real-time indicators across multiple timeframes

63
BULLISH
Momentum rank against about 1,000 stocks and ETFs for this timeframe.
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Institutional & Hedge Fund Ownership
25 tracked managers · $15.09B combined position · 17 adding, 8 trimming, 0 unchanged (latest 13F filings)
ManagerTrendShares Held% of Co.Position ValueFiled
Vanguard Group Inc▲ Buy20,979,6662.83%$3.56B2026-01-29
Capital World Investors▼ Sell19,724,7742.66%$3.06B2026-08-12
FMR LLC (Fidelity)▼ Sell13,888,4181.87%$2.16B2026-08-13
Norges Bank▲ Buy8,443,7501.14%$1.31B2026-08-12
Geode Capital Management, LLC▲ Buy5,998,5180.81%$967.74M2026-08-12
Bank of America Corp▲ Buy5,441,2170.73%$844.10M2026-08-14
Goldman Sachs Group Inc▲ Buy3,413,9850.46%$529.61M2026-08-14
Morgan Stanley▲ Buy3,282,5240.44%$509.22M2026-08-13
Invesco Ltd.▲ Buy3,209,4100.43%$497.88M2026-08-14
JPMorgan Chase & Co▼ Sell2,797,1450.38%$430.09M2026-08-12
Capital Research Global Investors▲ Buy1,107,1230.15%$172.02M2026-08-12
AQR Capital Management LLC▲ Buy1,097,9280.15%$166.66M2026-08-14
D. E. Shaw & Co., Inc.▲ Buy806,5040.11%$125.13M2026-08-14
Neuberger Berman Group LLC▼ Sell719,5980.10%$111.67M2026-08-13
BlackRock, Inc.▼ Sell683,8070.09%$106.08M2026-08-07
Renaissance Technologies LLC▲ Buy496,5410.07%$77.03M2026-08-13
Northern Trust Corp▼ Sell485,1760.07%$75.27M2026-08-13
Two Sigma Investments, LP▲ Buy462,2840.06%$71.71M2026-08-14
Wells Fargo & Company▼ Sell386,7270.05%$59.99M2026-08-14
Citadel Advisors LLC▲ Buy362,1020.05%$56.17M2026-09-02
Citigroup Inc▼ Sell338,3220.05%$52.55M2026-08-03
Man Group plc▲ Buy292,0070.04%$45.31M2026-08-14
Susquehanna International Group, LLP▲ Buy274,0400.04%$42.51M2026-08-14
Balyasny Asset Management L.P.▲ Buy217,8250.03%$33.79M2026-08-14
Bridgewater Associates, LP▲ Buy196,8290.03%$30.53M2026-08-14
Q2 2026 flow:5.87M sh bought ($914.36M)8.58M sh sold ($1.33B)net -2.71M sh (−$417.83M)