TSE:AEM
Agnico-Eagle Mines (AEM.TO)
Financials 
Technical Analysis 
Jul 14, 2026, 12:00 amThis summary was created by AI, based on 53 opinions in the last 12 months.
Agnico-Eagle Mines (AEM) receives a generally favorable outlook from experts in the field, highlighting its status as a leading gold producer in Canada with strong operational performance and well-managed assets. Many analysts commend its low political risk, strategic acquisitions, and consistent cash generation, suggesting that it is an effective avenue for gold exposure. Despite the positive sentiment, some analysts express caution about the potential volatility of gold prices, indicating a possible pullback in AEM stock. While several reviews suggest waiting for a more favorable entry point, the consensus remains that AEM is a solid long-term investment, particularly given its strong growth prospects and expansion in cash flow generation. Yield percentages and analyst price targets vary, reinforcing the discussion around potential for growth despite recent market fluctuations.
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Premium contentOur PAST TOP PICK with AEM has triggered its stop at $270. To remain disciplined, we recommend covering the position at this time. When combined with previous guidance, this will result in a net investment gain of 20%.
Premium contentOn the back of an abrupt pullback in gold prices, we again reiterate AEM as a TOP PICK. Cash reserves are growing while debt is aggressively retired. We recommend maintaining the stop at $270, looking to achieve $379 — upside potential of 18%. Yield 0.7%
(Analysts’ price target is $332.00)Premium contentPremium contentWe again reiterate AEM as a TOP PICK. Recently released data shows the company successfully expanded gold reserves in 2025, while growing cash reserves, paying down debt and buying back shares. Its getting a bit more expensive now, trading at 32x earnings and 5x book, but we see further upside in gold bullion prices still. We recommend trailing up the stop (from $224) to $246, looking to achieve $334 -- upside potential of 15%. Yield 0.7%
(Analysts’ price target is $330.19)
Gold continues to remain in play, and gold stocks as a group continue to broadly lead. At the margin, we're seeing a race for resources. Globally, we're seeing a bit of anarchy and a movement away from law and order -- this is typically when gold does pretty well.
He read online that gold is like the VIX for US-international relationships. As those relationships continue to deteriorate, people pile into gold.
Likes it a lot. The top producer in Canada. Has political stability. They produce at $900/oz, for below the price of gold.
Gordon ReidPremium contentStill a buy today for those who don't own it. Finest goldmine operating company in the world. Track record as capital allocators over the last 15 years speaks for itself. Production growth is absolutely baked in the cake for the next 5 years, so there's no risk on that side. Importantly, growth will be from existing assets they already control. Top-quality holding.
Disclosure: A featured presenter at his conference, so he has lots of conflicts of interest ;)
Rick RuleHas owned this for year. Was up 105% last year. When oil is cheap and labour not expensive, AEM can improve margins. Free cash flow is at all-time highs. Pays a dividend over 1%, but have been increasing it a 25% annually for the past 3 years. The gold play is not over.
Kevin SimpsonLikes it. Many of its mines are here in Canada. Cautiously optimistic that current political environment is better for developing the resource industry. With pressure on currencies, sees pricing for all commodities in USD continue fairly strong.
A bit disappointed on its relative performance within the sector, but "90% of success is just showing up", and his portfolios have benefited by just being in the gold sector.
Is up 130% this year. Is a momentum play off of gold. When oil is cheap and labour not overly expensive, their profits margins and free cash flow rise ($3.5 billion now vs. $500 million three years ago). The gold trade will continue into early 2026.
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Has come off with the price of gold. This name, along with AGI, is the best-run gold company in Canada, if not in the world. Both continually replace mines with fresh, high-quality reserves. Pullback is a chance to buy.