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Agnico Eagle Mines (AEM) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-04-17 15:07
Company Overview - Agnico Eagle Mines (AEM) is expected to report a year-over-year increase in earnings due to higher revenues for the quarter ended March 2025, with a consensus EPS estimate of $1.19, reflecting a +56.6% change [3][12] - Revenues are anticipated to reach $2.24 billion, which is a 22.4% increase from the same quarter last year [3] Earnings Expectations - The consensus EPS estimate has been revised 16.42% higher in the last 30 days, indicating a bullish sentiment among analysts [4] - The Most Accurate Estimate for Agnico is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +20%, suggesting a likely earnings beat [10][11] Historical Performance - Agnico has a strong track record, having beaten consensus EPS estimates in the last four quarters, including a +7.69% surprise in the most recent quarter [12][13] Industry Context - In the broader Zacks Mining - Gold industry, Newmont Corporation (NEM) is also expected to report earnings of $0.84 per share, reflecting a +52.7% year-over-year change, with revenues projected at $4.54 billion, up 13% [17] - Newmont's consensus EPS estimate has been revised 14.5% higher, but it has a negative Earnings ESP of -4.55%, making it difficult to predict an earnings beat [18]
Why Most Dividend Retirement Strategies Fail: How To Retire With Dividends
Seeking Alpha· 2025-04-17 12:05
Group 1 - The strategy of retiring with passive income from dividends is gaining popularity as it mitigates concerns over market volatility [1] - The company has released its latest top investment picks for April 2025, indicating a timely opportunity for investors [1] Group 2 - The company invests significant resources, including thousands of hours and over $100,000 annually, into researching profitable investment opportunities [2] - The approach has garnered over 180 five-star reviews from satisfied members, highlighting the effectiveness of the strategies offered [2]
Agnico Eagle Stock Rallies 35% in 3 Months: What Should Investors Do?
ZACKS· 2025-04-11 13:16
Core Viewpoint - Agnico Eagle Mines Limited (AEM) has experienced a significant share price increase of 35.4% over the past three months, driven by rising gold prices and strong earnings performance that exceeded forecasts [1][2]. Company Performance - AEM's performance has outpaced the Zacks Mining – Gold industry's increase of 27.9% and the S&P 500's decline of 6.9% during the same period [2]. - The company achieved a record annual gold production of 3,485,336 ounces in 2024, supported by higher output from key mines [10]. - AEM's operating cash flow surged approximately 55% year over year to $1,132 million in Q4 2024, with free cash flows reaching $570 million, an increase of around 89% year over year [13]. Financial Health - AEM maintains a strong liquidity position, having upsized its revolving credit facility to $2 billion, enhancing its available liquidity [13]. - The company reduced its net debt by $1,287 million in 2024, with net debt standing at $217 million at the end of Q4 2024 [13]. - AEM returned approximately $920 million to shareholders through dividends and repurchases last year [13]. Gold Market Dynamics - Gold prices increased by roughly 27% last year, driven by strong demand from central banks and geopolitical tensions, with prices hitting a record high of $3,220 per ounce recently [14][15]. - The weaker U.S. dollar and high tariffs are expected to sustain gold price increases, with prices already up about 20% this year [15][16]. Cost Considerations - AEM faces challenges with rising production costs, with total cash costs per ounce of gold increasing by roughly 4% year over year and all-in-sustaining costs (AISC) rising by about 7% [18]. - The company forecasts total cash costs per ounce in the range of $915 to $965 and AISC per ounce between $1,250 and $1,300 for 2025, indicating further cost increases [18]. Earnings Outlook - The Zacks Consensus Estimate for AEM's 2025 earnings has been revised upward, currently pegged at $5.18, suggesting a year-over-year growth of 22.5% [19]. - Earnings are expected to grow approximately 56.6% in the first quarter of 2025 [19]. Valuation Metrics - AEM is trading at a forward 12-month earnings multiple of 25.52X, which is about 70% higher than the peer group average of 15.01X [21].
Agnico (AEM) Stock Jumps 5.7%: Will It Continue to Soar?
ZACKS· 2025-04-10 09:20
Agnico Eagle Mines (AEM) shares rallied 5.7% in the last trading session to close at $105.80. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 0.4% loss over the past four weeks.AEM’s shares rallied on a surge in gold prices on safe-haven demand after President Trump hiked tariffs on China to 125%, stoking fears of deeper trade disruptions. This gold mining company is expected to post quarterly earnings of $1. ...
3 Gold Stocks Higher on Record Bullion Prices
Schaeffers Investment Research· 2025-04-03 17:21
Group 1: Market Overview - President Donald Trump's tariffs are causing a market selloff, leading traders to seek safe-haven assets like gold, which has reached record highs [1] Group 2: Company Performance - Agnico Eagle Mines Ltd (AEM) is trading at $110.33, up 2.6%, with a year-to-date increase of 41.2% and a year-over-year increase of 79.1% [2] - Barrick Gold Corp (GOLD) is up 1.2% to $19.65, maintaining a year-to-date lead of 26.3% and showing support at its 40-day trendline [3] - Newmont Corporation (NEM) is trading at $48.92, up 0.4%, with a year-to-date increase of 31.4% and support from the 20-day moving average [4]
Agnico Eagle Mines: Premium Price, But Its Pipeline Justifies It
Seeking Alpha· 2025-04-03 13:07
Group 1 - The investor has a contrarian investment style, focusing on high-risk, illiquid options and shares, with a portfolio split of approximately 50%-50% [1] - The investment strategy involves buying stocks that have recently experienced sell-offs due to non-recurrent events, particularly when insiders are purchasing shares at lower prices [1] - Fundamental analysis is employed to assess the health of companies, their leverage, and to compare financial ratios with sector and industry averages [1] Group 2 - Technical analysis is utilized to optimize entry and exit points, primarily using multicolor lines for support and resistance levels on weekly charts [1] - The investor conducts professional background checks on insiders who purchase shares after sell-offs to ensure credibility [1] - The investment timeframe typically ranges from 3 to 24 months, indicating a medium-term investment horizon [1]
AGNICO EAGLE ANNOUNCES INVESTMENT IN RUPERT RESOURCES LTD.
Prnewswire· 2025-04-01 13:20
Stock Symbol: AEM (NYSE and TSX) TORONTO, April 1, 2025 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle") announced today that it has acquired 2,602,500 common shares ("Common Shares") of Rupert Resources Ltd. ("Rupert") in a non-brokered private placement at a price of C$4.50 per Common Share for total consideration of C$11,711,250 (the "Private Placement"). Concurrent with the closing of the Private Placement, Agnico Eagle exercised its right under an investor rights agreem ...
Agnico Eagle: stock surge leaves little room for more gains, analysts say
Proactiveinvestors NA· 2025-03-31 19:25
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for being a forward-looking technology adopter, utilizing technologies to enhance workflows [4] - The company employs automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
5 Gold Stocks Likely to Tide Industry Headwinds
ZACKS· 2025-03-27 17:21
Industry Overview - The Zacks Mining - Gold industry is facing challenges due to rising production costs, a tight labor market, and depleting resources, leading to a potential supply deficit [1][5][6] - The industry involves complex processes requiring significant financial resources, with a typical gold mine taking 10-20 years to produce marketable material [3] Current Trends - Gold prices have reached record highs, with spot gold hitting $3,059 per ounce, driven by safe haven demand amid geopolitical uncertainties and potential interest rate cuts by the Federal Reserve [4] - The industry has seen a year-to-date gold price increase of 16.3%, supported by central bank buying and global tensions [4] Cost and Labor Issues - The industry is experiencing a shortage of skilled labor, leading to increased wages and escalating production costs, including electricity and supply-chain issues [5] - Companies are focusing on cost-reduction strategies and digital innovations to improve operational efficiencies [5] Supply Concerns - There is a significant concern regarding declining supply from old mines and a lack of new discoveries, leading to a potential demand-supply imbalance [6] - India and China account for approximately 50% of global consumer gold demand, with rising uses of gold in various sectors [6] Industry Performance - The Zacks Mining - Gold Industry currently holds a Zacks Industry Rank of 153, placing it in the bottom 38% of 246 Zacks industries, indicating bleak near-term prospects [7] - The industry has outperformed the S&P 500 Index and the Basic Material sector over the past year, with a collective gain of 43.7% compared to the sector's decline of 3.9% [9] Valuation Metrics - The industry is trading at a forward 12-month EV/EBITDA of 4.58X, significantly lower than the S&P 500's 13.11X and the Basic Material sector's 7.56X [11] Company Highlights - **Agnico Eagle Mines (AEM)**: Focused on extending mine life and optimizing costs, with a projected earnings growth of 6.4% for 2025 [15][16] - **Barrick Gold (GOLD)**: Positioned to benefit from key growth projects, with an expected earnings growth of 8% for 2025 [20][21] - **Franco-Nevada Corporation (FNV)**: Anticipates a 7% increase in total GEOs for 2025, with a focus on cost management and a debt-free status [23][24] - **Kinross Gold (KGC)**: Strong liquidity and cash flows support its development projects, with a projected earnings growth of 14.7% for 2025 [27][28] - **Alamos Gold (AGI)**: Expected production growth of 24% by 2027, with a significant increase in earnings projected for 2025 [31][32]
Agnico Eagle Mines: Safe Haven Investing Supports Gold Miners
Seeking Alpha· 2025-03-26 21:38
Core Insights - Agnico Eagle Mines (NYSE: AEM) has seen its stock price increase by over 25% since December, indicating strong market performance and investor interest [1] - Previous estimates suggested a potential upside of 47% for AEM over the next year, highlighting the company's growth potential in the gold mining sector [1] Company Overview - Agnico Eagle Mines is a Canadian gold miner that has been recognized for its strong performance in the market [1] - The company operates within the broader context of the green economy, which is gaining traction among investors seeking sustainable opportunities [1] Market Context - The investment landscape is shifting towards sectors that align with environmental sustainability, as indicated by the focus of investment groups like Green Growth Giants [1]