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Agnico Eagle Mines Q3 Earnings Beat Estimates on Higher Gold Prices

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Stocks & ETFs:AEM.TO

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Agnico Eagle Mines beat third-quarter earnings estimates, with higher gold prices cited as a factor.

The Nov. 2 headline reports the earnings beat, but the supplied information doesn’t include the results, estimates, or details on production and costs. So it’s not possible to assess the size of the beat or what drove it beyond gold prices. Shares closed at C$256.42, up 9.45% for the day, on volume below the 20-day average.

Investor takeaway: The headline points to an earnings beat and higher gold prices, but the figures provided aren’t enough to judge the quarter’s results or what drove them beyond pricing.

Agnico Eagle Mines Limited

AEM.TO

Full stock page →

AEM.TO

Agnico Eagle Mines Limited

Source:WealthAwesomeWealthAwesome
↑ $18.18 (7.37%)
120 day period
$191.24$250.26$309.29May 15Aug 12Nov 5

Market cap

$133.89B

P/E

15.6x

Div. yield

0.68%

Div. / share

$1.75

52W high

$347.31

52W low

$188.06

1W change

+0.09%

Beta

0.67

Analyst Price Targets

Based on analyst covering AEM · as of Nov 6, 2026

📈

Wall Street analysts forecast AEM stock price to rise 11.8% over the next 12 months.

Consensus

Moderately Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$296.21

+11.8% Upside

Previously C$294.84 on Nov 5, 2026

Current Price

C$264.85

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on AEM's historical volatility

HistoricalForecast68%95%
C$144.51C$227.36C$310.20C$393.04C$475.88C$558.73TodayJun 29Sep 2Nov 5Dec 18Jan 31Mar 15

30-Day Vol

54.1%

Annualized

90-Day Vol

50.2%

Annualized

Trend (90d)

+19.8%

Annualized drift

90d Mean

C$284.28

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$271.18C$225.03 – C$326.78
60 trading daysC$277.65C$213.27 – C$361.46
90 trading daysC$284.28C$205.80 – C$392.70

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Shares gained 9.45% on the day

Agnico Eagle Mines closed at C$256.42. Trading volume was 336,713 shares, about 0.47 times the 20-day average of 723,313.

Bull case

The headline says Agnico Eagle Mines beat Q3 earnings estimates, with higher gold prices supporting the result. The supplied fundamentals also show a 41.0% profit margin and 23.2% return on equity, but don’t show how either measure changed during the quarter.

Bear case

The earnings figures, estimate comparisons, production, costs, and outlook aren’t provided. That makes it hard to judge the size or durability of the beat. Trading volume was also below its 20-day average.

What happened: Q3 earnings beat estimates

Agnico Eagle Mines reportedly beat third-quarter earnings estimates, with higher gold prices cited in the Nov. 2 headline. The supplied facts don’t include reported earnings, the consensus estimate, or the size of the difference. They also don’t provide quarterly production, realized gold prices, costs, or management guidance. The headline confirms the direction of the result, but not how broad the beat was or which operating factors contributed. See Agnico Eagle Mines’ stock page for its listing. No further earnings details are included in the information provided.

What the numbers show: a one-day gain on lighter volume

Agnico Eagle Mines closed at C$256.42, up 9.45% for the day. Volume was 336,713 shares, compared with a 20-day average of 723,313, or about 0.47 times the average.

The stock was up 0.09% over one week, down 1.95% over one month, and up 10.21% year to date. Its close was 4.4% below the 50-day moving average of C$268.36 and 2.3% below the 200-day average of C$262.43. The supplied valuation figures include a P/E of 15.0505 and a market capitalization of C$129,576,624,128. These figures describe the stock and company, but don’t explain the earnings beat. More information is available on the AEM.TO stock page.

What to watch next: details behind the earnings beat

The key question is how much higher gold prices contributed compared with production, costs, and other factors. The supplied facts don’t include those details, a company forecast, or a later earnings update. Assessing whether the beat signals a lasting change would require more information. The headline reports an estimate beat and points to higher gold prices, but the underlying figures and outlook remain unspecified.

Wealth Awesome
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Wealth Awesome

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⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: November 5, 2026
Last Updated: November 6, 2026

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