TSE:AEM
Agnico-Eagle Mines (AEM.TO)
Financials 
Technical Analysis 
Sep 13, 2026, 12:00 amThis summary was created by AI, based on 53 opinions in the last 12 months.
Agnico-Eagle Mines (AEM) has garnered considerable attention from analysts who see it as a strong investment in the gold sector. Many experts highlight its low-cost production capabilities, solid operational performance, and strategic assets located in politically stable regions, mainly Canada. Several analysts have reiterated its status as a top pick, particularly during recent pullbacks in gold prices, presenting an opportunity for investors. Most commentators are optimistic about the long-term outlook for gold, viewing AEM as a reliable option amidst global geopolitical uncertainty and inflation concerns. However, there is also caution regarding short-term fluctuations in gold prices, suggesting that investors may want to wait for attractive entry points or consider trimming their positions after significant gains.
We believe quite strongly in the gold sector right now, and AEM still looks good. We would be comfortable buying some at current levels.
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Likes that about 90% of mines are in Canada, with rest being in geopolitical-positive environments. Strong management team are good allocators of capital. Stock's done so well, hard to find entry for new clients; a function of the price of gold and flight to safety.
Rebecca Teltscher
Ranks #1 in the head-to-head battles. Doing the best out of all the Canadian stocks right now. Trending up, and gold has broken through $3000. Continues to outperform, hasn't seen a 3-box reversal at all. Yield is 1.54%.
(Analysts’ price target is $154.82)
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Premium content
Premium contentLikes gold, and this is a good way to play. Excellent management, prudent and disciplined use of capital. Good assets. 12 varied mines in low-political-risk jurisdictions. Low cost. Increases to dividend were paused, but should resume. Close to debt-free. Sleep at night.
Brian MaddenBought it yesterday heading into earnings. They disappointed a bit because of rising expenses, but you can definitely buy in dips. Is still up 20% this year. They will continue to pay off debt as they buy back shares like crazy. Pays a nice dividend.
Kevin SimpsonGold is taking a big hit today, with spot gold down $36/oz. AEM Q4 EPS of $1.26 beat estimates of $1.16; revenue of $2.22B marginally missed estimates. EBITDA of $1.33B matched estimates. Margins were a record on good cost control. 847,000 ounces were produced in Q4 with all-in costs at $1,316. Mines performed well. Production guidance was steady, but this is likely the company being conservative. Net debt is now very low and the company is in excellent financial shape going forward. Shares slipped a bit but are up 127% in a year and we would be comfortable with the quarter and outlook.
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Largest holding in portfolio. Share price has doubled the past year. Expecting gold prices to keep rising with geopolitical tensions. Large amounts of gold being held by central banks instead of US dollar.
Lyle SteinPremium contentHe prefers the senior gold names. Now is similar to 2010-2012 when gold producers paid more dividends. Is watching which of the smaller companies will pay dividends, which he welcomes. However, AEM has stopped increasing its dividend and has been taken off the dividend aristocrat list.
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It's great that it's run up and is a significant portion of a portfolio. It's provided great diversification. Absolutely don't buy more, do not chase. If you own it, let it run.