AEM : Agnico Eagle Mines Limited Stock Profile

Last Updated: 3/12/2024 0:47:16

Agnico Eagle Mines Limited trades with the ticker AEM on the TSX and is in the Gold industry.

Overview
Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. 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. Agnico Eagle Mines Limited was incorporated in 1953 and is headquartered in Toronto, Canada.
 

Looking to invest in Agnico Eagle Mines Limited? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

AEM.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $37307.372MM

PE Ratio: 14.049

Price: 55.64 (Updated: 3/12/2024 0:47:16)



Agnico Eagle Mines Limited (AEM) vs Competitors in Gold

Lets see how AEM.TO stacks up against others in the Gold asset management industry. We have identified its main peers as:

Barrick Gold Corporation, Alamos Gold Inc, Galiano Gold Inc, Alio Gold Inc, Almaden Minerals Ltd

.

Gold Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Barrick Gold Corporation (ABX) $37,376.086 21.948 7.456 2.6%
Agnico Eagle Mines Limited (AEM) $37,307.372 14.049 9.752 2.9%
Alamos Gold Inc (AGI) $7,157.749 25.408 14.058 0.8%
Galiano Gold Inc (AKG) $353.306 N/A 0.0 0.0%
Alio Gold Inc (ALO) $168.547 N/A 0.0 0.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Gold

  • Agnico Eagle Mines Limited (AEM) vs Barrick Gold Corporation (ABX)
    • AEM has higher EPS (5.34 vs 0.97). AEM has higher dividend yield (2.9% vs 2.6%). ABX has a higher P/E ratio (21.948 vs 14.049) indicating it’s more expensive.
  • Agnico Eagle Mines Limited (AEM) vs Alamos Gold Inc (AGI)
    • AEM has higher EPS (5.34 vs 0.71). AEM has higher dividend yield (2.9% vs 0.8%). AGI has a higher P/E ratio (25.408 vs 14.049) indicating it’s more expensive.
  • Agnico Eagle Mines Limited (AEM) vs Galiano Gold Inc (AKG)
    • AEM has higher EPS (5.34 vs -0.003). AEM has higher dividend yield (2.9% vs 0.0%). AKG has a P/E under 0, indicating AEM (P/E 14.049) is in a better position.
  • Agnico Eagle Mines Limited (AEM) vs Alio Gold Inc (ALO)
    • AEM has higher EPS (5.34 vs -0.274). AEM has higher dividend yield (2.9% vs 0.0%). ALO has a P/E under 0, indicating AEM (P/E 14.049) is in a better position.
  • Agnico Eagle Mines Limited (AEM) vs Almaden Minerals Ltd (AMM)
    • AEM has higher EPS (5.34 vs -0.09). AEM provides dividends, while AMM does not. AMM has a P/E under 0, indicating AEM (P/E 14.049) is in a better position.

Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (14.05) than the industry average (25.02), indicating potential undervaluation. Features a lower EV/EBITDA ratio (9.75) than the industry average (49.88), indicating attractive valuation.
 

How to Buy AEM stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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