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.
Unlock Premium - Try 5i Free

precious metals
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.

precious metals
PAST TOP PICK
Agnico-Eagle Mines
(A Top Pick Feb 28/23, Up 9%)

Recent high in gold prices good for company.
Expecting further gains on stock.
Demand for commodities rising with EV transition.
Enormous growth stock. 

precious metals
PAST TOP PICK
Agnico-Eagle Mines
(A Top Pick Jun 13/22, Up 10%)

US debt crisis means further indebtedness, further pressure on USD, and the defence for that is in gold and silver. One of the best of the gold companies. Central banks are buying all the gold they can possibly get. 

precious metals
Unspecified
Agnico-Eagle Mines

It is one of the best gold companies and is in a good trend to buy some now at around $70. However gold is a tough business to get into and is affected mainly by the U.S. dollar. Gold is better if held for a long time.

precious metals
WEAK BUY
Agnico-Eagle Mines

Do you see gold as an inflation hedge? A chaos hedge? Preserving capital? Nothing wrong with this stock, which trades closely to the price of gold. Or you can buy a gold bullion ETF.

precious metals
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

This Canadian based producer of over 3 million ounces of gold, is the third largest producer in the world.  It trades at 12x earnings and 1.6x book.  Cash reserves are growing as debt is retired and shares are bought back.  Its dividend is backed by a payout ratio under 35% of cash flow.  We recommend a stop-loss at $52, looking to achieve $92 -- upside potential of 26%.  Yield 2.1%  

(Analysts’ price target is $91.85)
precious metals
BUY ON WEAKNESS
Agnico-Eagle Mines

Likes business - thinks is a fantastic company.
Excellent assets in Canada.
Not "in season" for investors
Would wait to buy in June.

precious metals
WAIT
Agnico-Eagle Mines

Not unique in stock price diverging from price of gold. It owns the 2 largest gold mines in Canada. Bit of indigestion with acquisitions. Lots of moving parts. One of the best teams and its execution. One of the premier companies globally.

This whole trade has legs. He's looking for an entry point. Prefers to go with torquier and debt-free names. See his Top Picks.

precious metals
Showing 1 to 15 of 415 entries

Agnico-Eagle Mines(AEM-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 17

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 21

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, 21 stock analysts published opinions about AEM-T. 17 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?

21 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 2023-09-25, Agnico-Eagle Mines (AEM-T) stock closed at a price of $65.28.