Agnico Eagle Mines (AEM) Scheduled to Post Quarterly Earnings on Wednesday
Agnico Eagle Mines (TSE:AEM) (NYSE:AEM) will be releasing its earnings data after the market closes on Wednesday, February 14th. Analysts expect Agnico Eagle Mines to post earnings of C$0.26 per share for the quarter.
Agnico Eagle Mines (TSE AEM) opened at C$55.49 on Tuesday. Agnico Eagle Mines has a 12-month low of C$52.36 and a 12-month high of C$68.76. The firm has a market cap of $12,910.00, a PE ratio of 37.75 and a beta of -1.03.
A number of analysts recently issued reports on AEM shares. Canaccord Genuity raised their price objective on shares of Agnico Eagle Mines from C$76.00 to C$77.00 in a report on Friday, October 20th. National Bank Financial decreased their price objective on shares of Agnico Eagle Mines from C$77.00 to C$70.00 in a report on Friday, January 26th. Desjardins restated a “buy” rating and set a C$60.00 price objective on shares of Agnico Eagle Mines in a report on Monday, December 11th. Finally, Eight Capital restated a “neutral” rating on shares of Agnico Eagle Mines in a report on Thursday, November 16th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of C$67.00.
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Agnico Eagle Mines Company Profile
Agnico Eagle Mines Ltd is a Canada-based gold producer with mining operations in northwestern Quebec, northern Mexico, northern Finland and Nunavut, as well as exploration activities in Canada, Europe, Latin America and the United States. It operates through the business units: Northern Business, which consists of its operations in Canada and Finland, such as the LaRonde mine, the Lapa mine, the Goldex mine, the Meadowbank mine, the Meliadine project and the Malartic Mine in Canada, as well as the Kittila mine in Finland; Southern Business, which consists of its operations in Mexico, such as the Pinos Altos mine that includes the Creston Mascota deposit and the La India mine owned by its indirect subsidiary, as well as Exploration Group, which focuses on the identification of new mineral reserves and mineral resources, and new development opportunities in gold producing regions.
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