Agnico Eagle Mines Limited (AEM) AI Stock Analysis

Established in 1953 and headquartered in Toronto, Canada, Agnico Eagle Mines Limited explores, develops, and produces mineral properties across multiple continents. The company operates through two segments, Northern Business and Southern Business, with active mineral operations in Canada, Mexico, Finland, and other regions. Its asset portfolio centers on gold deposits, while also conducting exploration for silver, zinc, and copper reserves. A core asset is the LaRonde mine in Quebec's Abitibi region, which had proven and probable reserves of approximately 3.0 million ounces of gold as of December 31, 2021. Agnico Eagle also pursues exploration across Europe, Latin America, and the United States.

Revenue expanded from $3.87B in FY2021 to $5.74B in FY2022, $6.63B in FY2023, $8.29B in FY2024, and $11.91B in FY2025, reflecting a 5-year revenue CAGR of 30.6% from FY2020. Gross margin rose from 35.1% in FY2021 to 58.1% in FY2025, while operating margin expanded from 27.3% to 53.1%. Net income grew from $561.9M in FY2021 to $4.46B in FY2025, lifting EPS from $2.42 to $8.33. In the latest quarter ended June 30, 2026, quarterly revenue increased 35.0% year-over-year and quarterly earnings grew 49.4% year-over-year, bringing trailing twelve-month revenue to $14.53B and EPS to $11.69.

As of June 30, 2026, Agnico Eagle held $3.47B in cash and short-term investments against $320.0M in total debt, yielding net cash of $3.15B. Shareholders' equity totaled $28.57B, supporting a current ratio of 2.86 and a debt-to-equity ratio of 0.01. During FY2025, operating cash flow reached $6.82B and free cash flow was $4.26B. Cash utilization included $2.56B for capital expenditures, $682.9M for share buybacks, and $728.1M in dividends paid.

Trading at $189.53 as of October 16, 2026, Agnico Eagle carries a market capitalization of $95.97B and an enterprise value of $96.01B. Its trailing P/E of 16.2x sits below the US-listed Basic Materials peer median of 19.7x, while its forward P/E of 17.0x is above the peer median of 13.4x. EV-to-EBITDA is 9.2x compared to the peer median of 10.5x, and price-to-sales is 6.6x versus 1.8x for peers. Over the past year, the stock gained 3.1%, trailing the S&P 500 return of 16.8%, but exceeded the index over five years with a 270.3% return versus 83.0%.

Agnico Eagle pays a quarterly dividend of $1.80 per share annualized, yielding 0.95% at a payout ratio of 15.5%. The company has distributed dividends for 45 consecutive years and recorded an 11.0% annualized 5-year dividend growth rate. The last ex-dividend date occurred on September 1, 2026.

Wall Street analysts hold 12 Strong Buy, 6 Buy, 3 Hold, 0 Sell, and 1 Strong Sell ratings on the stock. The mean price target of $216.53 represents a 14.2% upside from the last closing price of $189.53. For the fiscal year ending December 31, 2026, consensus estimates project $14.97B in revenue and $11.64 in EPS, reflecting 40.1% annual EPS growth. Agnico Eagle has beaten EPS estimates in each of the past 4 quarters, with its next earnings release scheduled for October 28, 2026.

This page is an AI-written research summary of Agnico Eagle Mines Limited (AEM). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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