Buy, Sell or Hold: Agnico-Eagle Mines (AEM-T) — Stock Predictions at Stockchase

TSE:AEM

70.21

0.29 (0.41%) 1d

Showing 1 to 15 of 380 entries

HOLD

Extremely high-quality gold mine. Investment quality. Need patience for the next 12 months, as cashflow coming off one mine but needs are ramping up elsewhere. He has no plans to sell. Almost a brand name for liquidity and quality in the gold equity sector.

precious metals

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PAST TOP PICK

(A Top Pick Apr 12/22, Down 18.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with AEM has triggered its stop at $67. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 9%, when combined with the previous top pick recommendation.

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TOP PICK

Canada's second-largest gold miner. Transformational merger/acquisition with KL. Diverse, large-scale producer. In lower-risk mining jurisdictions. Almost a pure play on gold, generating 98% of revenues. A consistent dividend grower. Company obsessively avoids serial equity raises. Yield is 2.76%. (Analysts’ price target is $94.49)

precious metals

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company reaffirmed guidance with EPS at $0.61 vs the estimated $0.38. Revenues were better than expected as well with $1.3B in revenues vs $1.2B. The merger seems to be going well. There has been some cost synergies after the deal. A good quarter. Unlock Premium - Try 5i Free

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TOP PICK

Stockchase Research Editor: Michael O'Reilly We again reiterate AEM, one of Canada's largest and low cost gold producers as a TOP PICK. Management is bullish on its Australia mine, further exploiting its strategy of building reserves in geopolitically safe regions. It also pays a good dividend, backed by a payout ratio under 55% of cash flow. We recommend trailing the stop (from $60) to $67, looking to achieve $104 — over 27% upside potential. Yield 1.94% (Analysts’ price target is $104.28)

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TOP PICK

Stockchase Research Editor: Michael O’Reilly The recently announced “merger of equals” with KL couldn’t have happened at a better time, given the uncertainty in global markets and the threat of inflation, and is why we reiterate AEM as a TOP PICK. The new combined portfolio will allow the new entity to become one of Canada’s largest and lowest cost gold producers, and help an already good dividend get even better. We recommend trailing the stop up to $60, looking to achieve $93 — over 15% upside potential. Yield 2.58% (Analysts’ price target is $90.80)

precious metals

COMMENT

Question on whether to buy Franco-Nevada or Agnico-Eagle. Streaming companies like FNV are not rocketing up but are steady. FNV has interests in many properties and has a good history of raising dividends. AEM now has less exploration upside than historically. Would pick FNV over AEM

precious metals

TOP PICK

Lots of land to explore and develop. Merged with KL, a profitable company. A merger almost made in heaven. Yield is 2.66%. (Analysts’ price target is $92.77)

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TOP PICK

Stockchase Research Editor: Michael O’Reilly AEM is entering into a “merger of equals” this month with KL (one of our TOP PICKS). Each KL share will be granted 0.7935 shares of AEM. KL is virtually debt free and generating excellent free cash. This will blend well with AEM’s portfolio, allowing it to become one of Canada’s largest and lowest cost gold producers, and help an already good dividend get even better. Both companies trade around 2.5x book value. We like the prospect going forward of the new combined force. We recommend setting a stop loss at $50, looking to achieve $93 — over 45% upside potential. Yield 2.89% (Analysts’ price target is $93.44)

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STRONG BUY

Happy for the merger with KL. A hell of a buy at current levels. Like a surfboard riding the wave. Merger will provide great cashflow going forward, in areas of the world that don't have as much geopolitical risk. $88 target.

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WEAK BUY

She has no exposure to gold. She wants a company that can grow regardless of the underlying commodity price. If you really want to take a position, look to large cap, diversified, geopolitically safe, more senior producers such as AEM.

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BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Continues to like the company for gold exposure. It has diversified assets, size and a good growth profile. Shares are consolidating and momentum is improving. Could add to a position here though you could wait for momentum to improve a little more. Unlock Premium - Try 5i Free

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COMMENT

Gold outlook, and caller needs to sell AEM shares from an estate soon 1) Sell and lock in the value if you will be making distributions shortly. 2) AEM is a really good company with a good project profile with a promising future. 3) Gold in coming years will be fairly strong and likely rise, but gold is a hard one to predict. 4) Overall, AEM is good.

precious metals

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. You could take a full position in AEM today. Gold stocks are likely better than bullion right now. A good hedge against inflation with more upside potential. Unlock Premium - Try 5i Free

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BUY on WEAKNESS

Gold is not the best sector here. Had a great run. You get the grand prize by buying financials and industrials. Gold is probably still in a bull run, and you want to buy when there's doubt. Of the seniors, his favourite is Agnico Eagle, exceedingly well run with a great dividend.

precious metals

Showing 1 to 15 of 380 entries

Agnico-Eagle Mines(AEM-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 6

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, 6 stock analysts published opinions about AEM-T. 5 analysts recommended to BUY the stock. 0 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?

6 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 2022-05-25, Agnico-Eagle Mines (AEM-T) stock closed at a price of $70.21.

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