Agnico Eagle Mines (AEM) Stock Dips While Market Gains: Key Facts

Company Performance - Agnico Eagle Mines (AEM) closed at $64.68, reflecting a -0.86% change from the previous session, underperforming the S&P 500's gain of 0.27% [1] - The stock has decreased by 3.7% over the past month, compared to a loss of 2.41% in the Basic Materials sector and a gain of 2.85% in the S&P 500 [1] - The upcoming earnings disclosure is anticipated, with an expected EPS of $0.81, indicating a 24.62% growth year-over-year, and a revenue forecast of $1.72 billion, showing a 0.05% increase [1] Fiscal Year Estimates - For the entire fiscal year, earnings are projected at $3.20 per share and revenue at $7.28 billion, representing increases of +43.5% and +9.86% respectively from the previous year [2] - Recent adjustments to analyst estimates indicate a positive outlook for the company's business operations and profit generation [2] Valuation Metrics - Agnico Eagle Mines has a Forward P/E ratio of 20.41, which is higher than the industry average of 15.04, suggesting it is trading at a premium [3] - The company has a PEG ratio of 0.68, aligning with the Mining - Gold industry's average PEG ratio of 0.68 [3] Industry Context - The Mining - Gold industry is part of the Basic Materials sector and holds a Zacks Industry Rank of 26, placing it in the top 11% of over 250 industries [4] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating a favorable environment for Agnico Eagle Mines within its industry [4]