A share price of Agnico Eagle Mines Ltd [AEM] is currently trading at $84.24, up 0.29%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The AEM shares have gain 3.63% over the last week, with a monthly amount glided 2.33%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Agnico Eagle Mines Ltd [NYSE: AEM] stock has seen the most recent analyst activity on February 29, 2024, when Jefferies initiated its Hold rating and assigned the stock a price target of $54. On September 30, 2022, upgrade upgraded it’s rating to Buy. Goldman started tracking the stock assigning a Buy rating. Barclays upgraded its rating to Overweight for this stock on February 03, 2022, and upped its price target to $69. In a note dated January 28, 2022, National Bank Financial upgraded an Outperform rating on this stock.
Agnico Eagle Mines Ltd experienced fluctuations in its stock price throughout the past year between $43.22 and $84.65. Currently, Wall Street analysts expect the stock to reach $78.94 within the next 12 months. Agnico Eagle Mines Ltd [NYSE: AEM] shares were valued at $84.24 at the most recent close of the market. An investor can expect a potential drop of -6.29% based on the average AEM price forecast.
Analyzing the AEM fundamentals
Trailing Twelve Months sales for Agnico Eagle Mines Ltd [NYSE:AEM] were 7.31B which represents 20.86% growth. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.3%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.03 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.09.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 83.57 points at the first support level, and at 82.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 85.03, and for the 2nd resistance point, it is at 85.81.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Agnico Eagle Mines Ltd [NYSE:AEM] is 1.51. Further, the Quick Ratio stands at 0.76, while the Cash Ratio is 0.51. Considering the valuation of this stock, the price to sales ratio is 5.74, the price to book ratio is 2.11 and price to earnings (TTM) ratio is 68.57.
