Agnico Eagle Mines Ltd (AEM) concluded trading on Wednesday at a closing price of $45.30, with 3.98 million shares of worth about $180.36 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.37% during that period and on Wednesday the price saw a gain of about 0.71%. Currently the company’s common shares owned by public are about 494.38M shares, out of which, 493.35M shares are available for trading.
However, the stock later moved at a day high price of 45.31, or with a gain of 0.71%. Stock saw a price change of -4.63% in past 5 days and over the past one month there was a price change of -9.76%. Year-to-date (YTD), AEM shares are showing a performance of -17.41% which decreased to -11.64% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $43.22 but also hit the highest price of $61.15 during that period. The average intraday trading volume for Agnico Eagle Mines Ltd shares is 2.75 million. The stock is currently trading -6.76% below its 20-day simple moving average (SMA20), while that difference is down -11.88% for SMA50 and it goes to -10.01% lower than SMA200.
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Agnico Eagle Mines Ltd (NYSE: AEM) currently have 494.38M outstanding shares and institutions hold larger chunk of about 71.49% of that.
The stock has a current market capitalization of $22.40B and its 3Y-monthly beta is at 1.04. PE ratio of stock for trailing 12 months is 8.51, while it has posted earnings per share of $5.32 in the same period. It has Quick Ratio of 0.71 while making debt-to-equity ratio of 0.11. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AEM, volatility over the week remained 2.27% while standing at 2.31% over the month.
Analysts are in expectations that Agnico Eagle Mines Ltd (AEM) stock would likely to be making an EPS of $0.47 in the current quarter, while forecast for next quarter EPS is $0.59 and it is $2.41 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.36 which is $0.54 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.41 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -9.69% while it is estimated to increase by 16.08% in next year. EPS is likely to shrink at an annualized rate of -0.70% for next 5-years, compared to annual growth of 7.93% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BMO Capital Markets on April 03, 2023 offering an Outperform rating for the stock and assigned a target price range of between $57 and $60 to it.
