Agnico Eagle Mines Limited (TSE:AEM – Free Report) (NYSE:AEM) – Equities researchers at Raymond James increased their Q2 2024 EPS estimates for Agnico Eagle Mines in a note issued to investors on Monday, April 22nd. Raymond James analyst F. Hamed now expects that the company will post earnings of $1.16 per share for the quarter, up from their prior forecast of $0.72. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $3.44 per share. Raymond James also issued estimates for Agnico Eagle Mines’ Q3 2024 earnings at $1.20 EPS, Q4 2024 earnings at $1.23 EPS and FY2024 earnings at $4.44 EPS.
Agnico Eagle Mines (TSE:AEM – Get Free Report) (NYSE:AEM) last posted its quarterly earnings data on Thursday, February 15th. The company reported C$0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.65 by C$0.13. The company had revenue of C$2.39 billion for the quarter, compared to analyst estimates of C$2.04 billion. Agnico Eagle Mines had a net margin of 29.29% and a return on equity of 10.89%.
Check Out Our Latest Research Report on AEM
Agnico Eagle Mines Trading Up 1.7 %
AEM opened at C$88.72 on Thursday. The firm has a market capitalization of C$44.21 billion, a P/E ratio of 16.40, a P/E/G ratio of 22.97 and a beta of 1.07. The firm’s 50 day moving average is C$76.32 and its 200-day moving average is C$70.98. Agnico Eagle Mines has a 52-week low of C$59.36 and a 52-week high of C$89.43. The company has a quick ratio of 0.89, a current ratio of 2.09 and a debt-to-equity ratio of 10.32.
Agnico Eagle Mines Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were issued a dividend of $0.537 per share. This represents a $2.15 annualized dividend and a dividend yield of 2.42%. The ex-dividend date was Thursday, February 29th. Agnico Eagle Mines’s dividend payout ratio (DPR) is 39.74%.
About Agnico Eagle Mines
Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.
Further Reading
- Five stocks we like better than Agnico Eagle Mines
- Financial Services Stocks Investing
- Hasbro’s Management Made All the Right Calls This Quarter
- Investing in Commodities: What Are They? How to Invest in Them
- Caterpillar’s Market Reset Isn’t Over: Get Ready for Lower Prices
- Basic Materials Stocks Investing
- Power Surge: Utilities Sector’s Resilience Shines
Receive News & Ratings for Agnico Eagle Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agnico Eagle Mines and related companies with MarketBeat.com's FREE daily email newsletter.