Q1 2025 Earnings Estimate for Agnico Eagle Mines Limited Issued By Zacks Research (NYSE:AEM)

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Equities research analysts at Zacks Research reduced their Q1 2025 earnings per share estimates for shares of Agnico Eagle Mines in a report issued on Wednesday, August 14th. Zacks Research analyst A. Barman now expects that the mining company will earn $0.70 per share for the quarter, down from their previous estimate of $0.80. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $3.52 per share. Zacks Research also issued estimates for Agnico Eagle Mines’ Q2 2025 earnings at $0.69 EPS and FY2025 earnings at $3.05 EPS.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last posted its quarterly earnings results on Wednesday, July 31st. The mining company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.14. Agnico Eagle Mines had a return on equity of 7.16% and a net margin of 8.44%. The company had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $2.03 billion. During the same quarter in the prior year, the company earned $0.65 EPS. The firm’s quarterly revenue was up 20.9% compared to the same quarter last year.

Several other brokerages also recently commented on AEM. Jefferies Financial Group raised their target price on Agnico Eagle Mines from $59.00 to $66.00 and gave the stock a “hold” rating in a research note on Friday, July 12th. StockNews.com upgraded Agnico Eagle Mines from a “hold” rating to a “buy” rating in a research note on Thursday, June 27th. CIBC raised their target price on Agnico Eagle Mines from $81.00 to $101.00 and gave the stock an “outperformer” rating in a research note on Wednesday, July 10th. BMO Capital Markets cut their target price on Agnico Eagle Mines from $79.00 to $77.00 and set an “outperform” rating for the company in a research note on Thursday, June 20th. Finally, Citigroup raised their target price on Agnico Eagle Mines from $65.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, April 30th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $82.86.

Agnico Eagle Mines Stock Up 1.5 %

Shares of NYSE AEM opened at $82.03 on Monday. Agnico Eagle Mines has a 52 week low of $43.22 and a 52 week high of $82.44. The business has a 50-day simple moving average of $71.84 and a two-hundred day simple moving average of $63.77. The company has a quick ratio of 0.88, a current ratio of 1.51 and a debt-to-equity ratio of 0.06. The company has a market cap of $41.04 billion, a P/E ratio of 86.35, a P/E/G ratio of 0.77 and a beta of 1.06.

Hedge Funds Weigh In On Agnico Eagle Mines

A number of large investors have recently modified their holdings of AEM. Continuum Advisory LLC increased its stake in Agnico Eagle Mines by 1,134.4% in the 2nd quarter. Continuum Advisory LLC now owns 395 shares of the mining company’s stock worth $26,000 after purchasing an additional 363 shares during the period. Stephens Consulting LLC bought a new stake in shares of Agnico Eagle Mines in the 1st quarter worth approximately $30,000. Abich Financial Wealth Management LLC bought a new stake in shares of Agnico Eagle Mines in the 2nd quarter worth approximately $32,000. Janiczek Wealth Management LLC grew its position in shares of Agnico Eagle Mines by 406.4% in the 1st quarter. Janiczek Wealth Management LLC now owns 709 shares of the mining company’s stock worth $42,000 after buying an additional 569 shares during the last quarter. Finally, Scarborough Advisors LLC bought a new stake in shares of Agnico Eagle Mines in the 4th quarter worth approximately $47,000. 68.34% of the stock is owned by hedge funds and other institutional investors.

About Agnico Eagle Mines

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.