Agnico Eagle Mines Ltd (AEM) concluded trading on Wednesday at a closing price of $88.61, with 3.4 million shares of worth about $301.35 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 39.13% during that period and on October 23, 2024 the price saw a gain of about 0.70%. Currently the company’s common shares owned by public are about 498.19M shares, out of which, 497.32M shares are available for trading.
Stock saw a price change of 7.78% in past 5 days and over the past one month there was a price change of 5.49%. Year-to-date (YTD), AEM shares are showing a performance of 61.55% which increased to 79.41% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $44.37 but also hit the highest price of $88.22 during that period. The average intraday trading volume for Agnico Eagle Mines Ltd shares is 2.23 million. The stock is currently trading 8.21% above its 20-day simple moving average (SMA20), while that difference is up 8.90% for SMA50 and it goes to 33.06% higher than SMA200.
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Agnico Eagle Mines Ltd (NYSE: AEM) currently have 498.19M outstanding shares and institutions hold larger chunk of about 66.01% of that.
The stock has a current market capitalization of $44.14B and its 3Y-monthly beta is at 1.09. PE ratio of stock for trailing 12 months is 72.13, while it has posted earnings per share of $1.23 in the same period. It has Quick Ratio of 0.76 while making debt-to-equity ratio of 0.10. 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 2.43% while standing at 2.02% over the month.
Stock’s fiscal year EPS is expected to rise by 78.49% while it is estimated to increase by 24.02% in next year.
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 Jefferies on February 29, 2024 offering a Hold rating for the stock and assigned a target price of $54 to it. Coverage by BMO Capital Markets stated Agnico Eagle Mines Ltd (AEM) stock as an Outperform in their note to investors on April 03, 2023, suggesting a price target of $60 for the stock. Stock get an Outperform rating from BMO Capital Markets on February 10, 2022.
