Agnico-Eagle Financial Statements From 2010 to 2022

AEM
 Stock
  

USD 45.41  1.33  3.02%   

Agnico-Eagle Mines financial statements provide useful quarterly and yearly information to potential Agnico-Eagle Mines investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Agnico-Eagle Mines financial statements helps investors assess Agnico-Eagle Mines' valuation, profitability, and current liquidity needs.
Agnico-Eagle Mines does not presently have any fundamental signals for analysis.
.
  
Check Agnico-Eagle Mines financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Agnico-Eagle main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Agnico-Eagle financial statements analysis is a perfect complement when working with Agnico-Eagle Mines Valuation or Volatility modules. It can also supplement Agnico-Eagle Mines' financial leverage analysis and stock options assessment as well as various Agnico-Eagle Mines Technical models . Please continue to the analysis of Agnico-Eagle Mines Correlation against competitors.

Agnico-Eagle Current Valuation Analysis

Agnico-Eagle Mines' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value 
 = 
Market Cap + Debt 
-  
Cash 
More About Current Valuation | All Equity Analysis

Current Agnico-Eagle Mines Current Valuation

    
  20.01 B  
Most of Agnico-Eagle Mines' fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Agnico-Eagle Mines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Compare to competition

In accordance with the recently published financial statements, Agnico-Eagle Mines has a Current Valuation of 20.01 B. This is 75.38% higher than that of the Basic Materials sector and significantly higher than that of the Gold industry. The current valuation for all United States stocks is 20.37% lower than that of the firm.

Agnico-Eagle Mines Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Agnico-Eagle Mines's current stock value. Our valuation model uses many indicators to compare Agnico-Eagle Mines value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Agnico-Eagle Mines competition to find correlations between indicators driving Agnico-Eagle Mines's intrinsic value. More Info.
Agnico-Eagle Mines is number one stock in total asset category among related companies. It is number one stock in price to book category among related companies . The ratio of Total Asset to Price to Book for Agnico-Eagle Mines is about  3,444,938,144 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Agnico-Eagle Mines by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Agnico-Eagle Mines' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Agnico-Eagle Mines' earnings, one of the primary drivers of an investment's value.

About Agnico-Eagle Mines Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Agnico-Eagle Mines income statement, its balance sheet, and the statement of cash flows. Agnico-Eagle Mines investors use historical funamental indicators, such as Agnico-Eagle Mines's revenue or net income, to determine how well the company is positioned to perform in the future. Although Agnico-Eagle Mines investors may use each financial statement separately, they are all related. The changes in Agnico-Eagle Mines's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Agnico-Eagle Mines's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Agnico-Eagle Mines Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Agnico-Eagle Mines. Please read more on our technical analysis and fundamental analysis pages.
Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland. It operates through Northern Business and Southern Business segments. The company primarily produces and sells gold deposits, as well as explores for silver, zinc, and copper deposits. Its flagship property is the LaRonde mine located in the Abitibi region of northwestern Quebec, Canada. As of December 31, 2021, the companys LaRonde mine had proven and probable mineral reserves of approximately 3.0 million ounces of gold. It is also involved in exploration activities in Europe, Latin America, and the United States. The company was incorporated in 1953 and is headquartered in Toronto, Canada.

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.

Did you try this?

Run Commodity Channel Index Now

   

Commodity Channel Index

Use Commodity Channel Index to analyze current equity momentum
All  Next Launch Module

Pair Trading with Agnico-Eagle Mines

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Agnico-Eagle Mines position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Agnico-Eagle Mines will appreciate offsetting losses from the drop in the long position's value.

Moving together with Agnico-Eagle Mines

+0.89GOLDBarrick Gold Corp Potential GrowthPairCorr
The ability to find closely correlated positions to Agnico-Eagle Mines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agnico-Eagle Mines when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Agnico-Eagle Mines - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Agnico-Eagle Mines to buy it.
The correlation of Agnico-Eagle Mines is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agnico-Eagle Mines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agnico-Eagle Mines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Agnico-Eagle Mines can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to the analysis of Agnico-Eagle Mines Correlation against competitors. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for Agnico-Eagle Stock analysis

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.
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
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.