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Investor Insights

This summary was created by AI, based on 28 opinions in the last 12 months.

The reviews for Agnico-Eagle Mines indicate that it is a well-established company with a strong management team and control on costs. While some experts recommend waiting to buy on weakness, others see it as a top gold producer with excellent margins and a solid balance sheet. There is also mention of the company's strong fundamentals, cash flow, and balance sheet. However, some experts express concerns about the stock's meandering performance and its correlation to the price of gold. Overall, the company is perceived as a reliable long-term investment with opportunities for growth.

Consensus
Mixed
Valuation
Fair Value
BUY ON WEAKNESS
Agnico-Eagle Mines

Likes company and believes company is well run. Current valuation is high - would recommend waiting to buy on weakness. Excellent management team. Control on costs has been very strong. Good for long term investment. 

precious metals
STRONG BUY
Agnico-Eagle Mines

A top senior gold producer, owning Canada's 2 biggest mines. A core holding and he expects dividend growth as the price of gold climbs. $75 is an easy price target. $80-90 is possible if gold hits $2,400. Inflation is fading, which also helps this sector. Excellent margins and solid balance sheet.

precious metals
COMMENT
Agnico-Eagle Mines
They keep buying companies, but the stock does little

That's the problem with the stalwart stocks, unlike a small company. AEM'S 5-year chart beats gold by 12%. The gold outlook is healthy. If AEM leads to the downside, a problem in the commodity will emerge later.

precious metals
SELL
Agnico-Eagle Mines

He prefers industrial metals and other commodities. He wonders if gold is still the safe haven that it used to be. Chart's meandering sideways. Price slightly below 200-day and 200-week MA. Decent yield of 3.75%, seems steady, may move higher. He'd prefer the traditional dividend stocks like telecom, banks, pipelines.

precious metals
WAIT
Agnico-Eagle Mines

In line with peers over the last 18-24 months, not doing much. Symptom of sentiment. Top-tier name, good management, excellent balance sheet, good ROC, attractive yield. But that's not enough until gold breaks, and holds above, $2000 USD/oz.

precious metals
HOLD
Agnico-Eagle Mines

Need to check fundamentals. Unsure on direction of chart. Used to hedge pricing, but not anymore. 

precious metals
BUY
Agnico-Eagle Mines

Reported earnings last night, which beat, though shares are down a bit, but an opportunity. Are well-managed who manage costs (rarely dilute shares with an offering). Also, their geographic footprint is fine, especially after buying Kirkland Lake earlier this years. Mines are in Finland, Australia, Mexico and across Canada, all safe geographies. Diversified portfolio.

precious metals
TRADE
Agnico-Eagle Mines

Decline from 2020 into a big consolidation. Probably not too much lower. Since 2022, it's formed a reverse head and shoulders -- you have a low point, but the low points on either side are higher. Not a bad trading stock between $60-75, so this is the time to buy. 

Trading means smaller amounts, and you can add if it goes above $74-75. Overriding issue with commodity price, be careful. $60 exit strategy. Short-side upside to $71-72, don't expect more until visibility on buyers coming in.

precious metals
PAST TOP PICK
Agnico-Eagle Mines
(A Top Pick Aug 04/22, Up 16%)

Disappointing that the USD has weakened, but gold stocks have not risen. Doesn't know when. Gold is out of favour. Cryptos has stolen some of its power. He got out of AEM and owns B2Gold now.

precious metals
DON'T BUY
Agnico-Eagle Mines

One of the better companies in the space. He doesn't own them because they're not good businesses over the long term. They don't beat cost of capital regularly, held hostage to commodity price. Better to own a gold ETF.

precious metals
BUY
Agnico-Eagle Mines
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

EPS of $0.8578 beat estimates of $0.7328 and revenues of $2.27B met expectations. The company delivered strong results driven by record quarterly gold production and better-than-expected cost performance. Management reiterated its gold production, cost, and capital expenditure guidance for 2023, expecting to produce 3.24 to 3.44 million ounces of gold with total cash costs per ounce between $840 and $890. It generated strong free cash flows, strengthened its balance sheet by repaying ~$1B of debt, and declared a quarterly dividend of $0.40 per share. These were solid results, and we feel that investors should be pleased with these earnings.
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premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Agnico-Eagle Mines
Stockchase Research Editor: Michael O'Reilly

We reiterate AEM as a TOP PICK.  As the Odyssey project moves towards underground mining by 2028 they expect annual gold production to grow to more than 500,000 ounces.  It trades at 1.3x book.  Cash reserves are growing, as they retire debt and buy back shares.  We recommend trailing up the stop-loss (from $52) to $60, looking to achieve $92 – upside potential of 28%.  Yield 2.3% 

(Analysts’ price target is $91.82)
precious metals
BUY
Agnico-Eagle Mines

Very strong gold company.
Excellent track record of capital allocation.
Strong cash flow and balance sheet.
Not a speculative stock - quality long term investment.
Would recommend buying. 

precious metals
BUY
Agnico-Eagle Mines

Pattern of higher highs, and lower lows.
Bullish trend.
Would recommend buying.
Waiting for interest rate cuts before major growth.
Good time to buy.

precious metals
WAIT
Agnico-Eagle Mines

It is a meandering stock which is basing but still needs to break out. The longer the base the better the upside when a stock breaks out.

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Showing 1 to 15 of 422 entries

Agnico-Eagle Mines(AEM-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 14

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 19

Stockchase rating for Agnico-Eagle Mines is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Agnico-Eagle Mines(AEM-T) Frequently Asked Questions

What is Agnico-Eagle Mines stock symbol?

Agnico-Eagle Mines is a Canadian stock, trading under the symbol AEM-T on the Toronto Stock Exchange (AEM-CT). It is usually referred to as TSX:AEM or AEM-T

Is Agnico-Eagle Mines a buy or a sell?

In the last year, 19 stock analysts published opinions about AEM-T. 14 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Agnico-Eagle Mines.

Is Agnico-Eagle Mines a good investment or a top pick?

Agnico-Eagle Mines was recommended as a Top Pick by on . Read the latest stock experts ratings for Agnico-Eagle Mines.

Why is Agnico-Eagle Mines stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Agnico-Eagle Mines worth watching?

19 stock analysts on Stockchase covered Agnico-Eagle Mines In the last year. It is a trending stock that is worth watching.

What is Agnico-Eagle Mines stock price?

On 2024-03-18, Agnico-Eagle Mines (AEM-T) stock closed at a price of $74.84.