Agnico-Eagle Stock Today

AEM
 Stock
  

USD 37.54  1.53  3.92%   

Market Performance
0 of 100
Odds Of Distress
Less than 16
Agnico-Eagle Mines is selling for 37.54 as of the 26th of September 2022. This is a -3.92 percent decrease since the beginning of the trading day. The stock's lowest day price was 36.69. Agnico-Eagle Mines has less than a 16 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Agnico-Eagle Mines are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of October 2020 and ending today, the 26th of September 2022. Click here to learn more.
Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland. The company was incorporated in 1953 and is headquartered in Toronto, Canada. Agnico-Eagle Mines operates under Gold classification in the United States and is traded on New York Stock Exchange. The company has 244.87 M outstanding shares of which 7.08 M shares are presently shorted by investors with about 2.6 days to cover. More on Agnico-Eagle Mines
Follow Valuation Odds of Bankruptcy
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Agnico-Eagle Mines Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Agnico-Eagle Mines' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Agnico-Eagle Mines or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Agnico-Eagle Mines generated a negative expected return over the last 90 days
About 65.0% of the company shares are held by institutions such as insurance companies
On 15th of September 2022 Agnico-Eagle Mines paid $ 0.4 per share dividend to its current shareholders
Latest headline from seekingalpha.com: Equinox Gold One Of My Favorite Gold Producers - Seeking Alpha
CEOAnthony Makuch
Thematic IdeaGold and Gold Mining (view all)
Average Analyst Recommendation
Analysts covering Agnico-Eagle Mines report their recommendations after researching Agnico-Eagle Mines' financial statements, talking to executives and customers, or listening in on Agnico-Eagle Mines' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Agnico-Eagle Mines. The Agnico-Eagle consensus assessment is calculated by taking the average forecast from all of the analysts covering Agnico-Eagle Mines.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Agnico-Eagle Mines' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Agnico-Eagle Mines (AEM) is traded on New York Stock Exchange in USA and employs 6,810 people. The company currently falls under 'Large-Cap' category with total capitalization of 10.07 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Agnico-Eagle Mines's market, we take the total number of its shares issued and multiply it by Agnico-Eagle Mines's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Agnico-Eagle Mines runs under Basic Materials sector within Gold industry. The entity has 244.87 M outstanding shares of which 7.08 M shares are presently shorted by investors with about 2.6 days to cover. Agnico-Eagle Mines has about 1.01 B in cash with 1.68 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.23.
Check Agnico-Eagle Mines Probability Of Bankruptcy
Ownership
Agnico-Eagle Mines holds a total of two hundred fourty-four million eight hundred seventy thousand outstanding shares. Over half of Agnico-Eagle Mines outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Agnico-Eagle Mines. Please watch out for any change in the institutional holdings of Agnico-Eagle Mines as this could mean something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Agnico-Eagle Ownership Details

Agnico-Eagle Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Agnico-Eagle Mines jumping above the current price in 90 days from now is close to 99%. The Agnico-Eagle Mines probability density function shows the probability of Agnico-Eagle Mines stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.0125. This suggests Agnico-Eagle Mines market returns are highly reactive to returns on the market. As the market goes up or down, Agnico-Eagle Mines is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Agnico-Eagle Mines is significantly underperforming DOW.
  Odds Below 37.54HorizonTargetOdds Above 37.54
0.82%90 days
 37.54 
99.17%
Based on a normal probability distribution, the odds of Agnico-Eagle Mines to move above the current price in 90 days from now is close to 99 (This Agnico-Eagle Mines probability density function shows the probability of Agnico-Eagle Stock to fall within a particular range of prices over 90 days) .

Agnico-Eagle Mines Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Agnico-Eagle Mines market risk premium is the additional return an investor will receive from holding Agnico-Eagle Mines long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Agnico-Eagle Mines. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Agnico-Eagle Mines' alpha and beta are two of the key measurements used to evaluate Agnico-Eagle Mines' performance over the market, the standard measures of volatility play an important role as well.

Agnico-Eagle Stock Against Markets

Picking the right benchmark for Agnico-Eagle Mines stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Agnico-Eagle Mines stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Agnico-Eagle Mines is critical whether you are bullish or bearish towards Agnico-Eagle Mines at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Agnico-Eagle Mines without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Agnico-Eagle Mines Corporate Directors

Agnico-Eagle Mines corporate directors refer to members of an Agnico-Eagle Mines board of directors. The board of directors generally takes responsibility for the Agnico-Eagle Mines' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Agnico-Eagle Mines' board members must vote for the resolution. The Agnico-Eagle Mines board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Leanne Baker - Independent DirectorProfile
Mel Leiderman - Independent DirectorProfile
Leona Aglukkaq - Independent DirectorProfile
Pertti Voutilainen - Independent DirectorProfile

Invested in Agnico-Eagle Mines?

The danger of trading Agnico-Eagle Mines is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Agnico-Eagle Mines is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Agnico-Eagle Mines. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Agnico-Eagle Mines is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the Agnico-Eagle Mines information on this page should be used as a complementary analysis to other Agnico-Eagle Mines' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Agnico-Eagle Mines price analysis, check to measure Agnico-Eagle Mines' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Agnico-Eagle Mines is operating at the current time. Most of Agnico-Eagle Mines' value examination focuses on studying past and present price action to predict the probability of Agnico-Eagle Mines' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Agnico-Eagle Mines' price. Additionally, you may evaluate how the addition of Agnico-Eagle Mines to your portfolios can decrease your overall portfolio volatility.
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Is Agnico-Eagle Mines' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Agnico-Eagle Mines. If investors know Agnico-Eagle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Agnico-Eagle Mines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Agnico-Eagle Mines is measured differently than its book value, which is the value of Agnico-Eagle that is recorded on the company's balance sheet. Investors also form their own opinion of Agnico-Eagle Mines' value that differs from its market value or its book value, called intrinsic value, which is Agnico-Eagle Mines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Agnico-Eagle Mines' market value can be influenced by many factors that don't directly affect Agnico-Eagle Mines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Agnico-Eagle Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine Agnico-Eagle Mines value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agnico-Eagle Mines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.