Agnico Eagle Mines Limited [AEM] shares are up more than 20.72% this year and recently decreased -0.02% or -$1.09 to settle at $70.51. Analysts expect AEM to grow earnings at a 60.15% annual rate over the next 5 years. AEM has a short ratio of 2.20. This implies that the market is currently less bearish on the outlook for AEM.

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Analyst Birdseye View:

The most recent analyst activity for Agnico Eagle Mines Limited [NYSE:AEM] stock was on July 30, 2020, when it was Upgrade with a Sector outperform rating from Scotiabank. On March 02, 2020, Canaccord Genuity Upgrade a Buy rating. On February 18, 2020, Scotiabank Downgrade a Sector perform rating. On December 11, 2019, Barclays Upgrade an Overweight rating. On December 05, 2019, RBC Capital Mkts Resumed a Sector perform rating. On April 12, 2019, Desjardins Downgrade a Hold rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $31.00 and a peak of $89.23. Right now, the middling Wall Street analyst 12-month amount mark is $94.86. At the most recent market close, shares of Agnico Eagle Mines Limited [NYSE:AEM] were valued at $70.51. According to the average price forecast, investors can expect a potential return of -1.12%.

FUNDAMENTAL ANALYSIS

Agnico Eagle Mines Limited [NYSE:AEM] most recently reported quarterly sales of 1.31 billion, which represented growth of 43.60%. This publicly-traded organization’s revenue is $298,213 per employee, while its income is $56,557 per employee. This company’s Gross Margin is currently 51.90%, its Operating Margin is 34.70%, its Pretax Margin is +29.61, and its Net Margin is +18.97. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 5.68, 9.78, 7.05 and 7.35 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 26.48 and the whole liability to whole assets at 20.94. It shows enduring liability to the whole principal at 21.09 and enduring liability to assets at 0.17 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 70.83 points at 1st support level, the second support level is making up to 70.07. But as of 1st resistance point, this stock is sitting at 72.95 and at 74.31 for 2nd resistance point.

Agnico Eagle Mines Limited [AEM] reported its earnings at $0.78 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.68/share signifying the difference of 0.1 and 14.70% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.18 calling estimates for $0.2/share with the difference of -0.02 depicting the surprise of -10.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Agnico Eagle Mines Limited [NYSE:AEM] is 2.40. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.53. Now if looking for a valuation of this stock’s amount to sales ratio it’s 5.76, it’s amount to book ratio is 2.89 and showing 27.12 of P/E (TTM) ratio.