Agnico Eagle Mines (AEM) Ascends But Remains Behind Market: Some Facts to Note

Company Performance - Agnico Eagle Mines (AEM) closed at $74.76, reflecting a +0.8% change from the previous day, which is lower than the S&P 500's gain of 1.08% [1] - Over the past month, AEM shares have increased by 13.7%, outperforming the Basic Materials sector's decline of 1.57% and the S&P 500's increase of 0.43% [1] - The company is set to announce its earnings on July 31, 2024, with an expected EPS of $0.86, indicating a 32.31% increase from the same quarter last year [1] Financial Estimates - For the full year, analysts project earnings of $3.33 per share and revenue of $7.65 billion, representing increases of +49.33% and +15.49% from the previous year [2] - Recent changes in analyst estimates for AEM suggest a positive outlook for the company's business and profitability [2] Valuation Metrics - AEM currently has a Forward P/E ratio of 22.27, which is higher than the industry's average Forward P/E of 16.14 [3] - The company has a PEG ratio of 0.79, compared to the industry average PEG ratio of 0.77 [3] - The Mining - Gold industry, to which AEM belongs, has a Zacks Industry Rank of 30, placing it in the top 12% of over 250 industries [3]