Agnico Eagle Mines
AEM
Market cap $49.4B

98.48 USD

+2.89

3.02%

Updated Feb 5, 9:50 AM EST

1 day

3.02%

5 days

7.10%

1 month

23.63%

3 months

14.79%

6 months

34.59%

Year to date

20.11%

1 year

107.41%

5 years

65.26%

10 years

184.95%

About: Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years. It merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It produced more than 3.4 million gold ounces in 2023 and had about 15 years of gold reserves at end 2023. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.

Employees: 10,447

0

Funds holding %

of 6,831 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

123% more first-time investments, than exits

New positions opened: 134 | Existing positions closed: 60

70% more call options, than puts

Call options by funds: $717M | Put options by funds: $422M

17% more capital invested

Capital invested by funds: $20.3B [Q2] → $23.8B (+$3.52B) [Q3]

10% more funds holding

Funds holding: 664 [Q2] → 729 (+65) [Q3]

7% more funds holding in top 10

Funds holding in top 10: 41 [Q2] → 44 (+3) [Q3]

3.29% less ownership

Funds ownership: 62.18% [Q2] → 58.9% (-3.29%) [Q3]

25% less repeat investments, than reductions

Existing positions increased: 202 | Existing positions reduced: 268

See Fund Rankings

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$88

11%

downside

Avg. target

$97

2%

downside

High target

$105

7%

upside

2 analyst ratings

1 positive

50%

1 neutral

50%

0 negative

0%

Scotiabank Tanya Jakusconek 76% 1-year accuracy 16 / 21 met price target	7%upside $105	Sector Outperform Maintained	21 Jan 2025
Jefferies David Hove 100% 1-year accuracy 1 / 1 met price target	11%downside $88	Hold Maintained	7 Jan 2025

See Analyst Rankings

Financial journalist opinion

Based on 24 articles about AEM published over the past 30 days

Agnico Eagle and O3 Mining Announce Subsequent Acquisition Transaction and Completion of Offer

The Offer has now expired and Agnico Eagle has taken-up and acquired 95.6% of the issued and outstanding O3 Mining shares Agnico Eagle and O3 Mining will enter into an amalgamation agreement under which Agnico Eagle will acquire all remaining O3 Mining shares by way of amalgamation Remaining O3 Mining shares (other than shares held by dissenting shareholders) and warrantholders who exercise their warrants after the amalgamation will receive $1.67 per share in cash Questions or Need Assistance? Contact Laurel Hill Advisory Group for assistance at 1-877-452-7184 or email assistance@laurelhill.com (All amounts expressed in Canadian dollars unless otherwise noted) TORONTO , Feb. 4, 2025 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle") and O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining") are pleased to jointly announce the expiry of Agnico Eagle's board-supported take-over bid (the "Offer") for all of the outstanding common shares of O3 Mining (the "Common Shares") for $1.67 in cash per Common Share.

Agnico Eagle and O3 Mining Announce Subsequent Acquisition Transaction and Completion of Offer

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Alamos: A Tasty Morsel For Agnico Eagle

Alamos Gold's strong financials, including a 41% YoY revenue rise and 100% EPS growth, make it a prime investment candidate. The company's long mine life, low ASIC, and high-quality assets in stable jurisdictions enhance its attractiveness. Agnico Eagle's history of strategic acquisitions and strong financial position make a takeover of Alamos plausible and beneficial.

Alamos: A Tasty Morsel For Agnico Eagle

Zacks Investment Research

Agnico Eagle Mines (AEM) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Agnico Eagle Mines (AEM) reachead $92.94 at the closing of the latest trading day, reflecting a -1.61% change compared to its last close.

Agnico Eagle Mines (AEM) Sees a More Significant Dip Than Broader Market: Some Facts to Know

CNBC Television

Final Trade: UPS, GAP, IWM, AEM

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Final Trade: UPS, GAP, IWM, AEM

Agnico Eagle Increases Production, Share Value

Shares of Canadian mining company Agnico Eagle Mines Limited (AEM) shine.

Agnico Eagle Increases Production, Share Value

Zacks Investment Research

Agnico Eagle Mines (AEM) Increases Yet Falls Behind Market: What Investors Need to Know

Agnico Eagle Mines (AEM) concluded the recent trading session at $89.97, signifying a +0.56% move from its prior day's close.

Agnico Eagle Mines (AEM) Increases Yet Falls Behind Market: What Investors Need to Know

Zacks Investment Research

Agnico Eagle Mines Limited (AEM) is Attracting Investor Attention: Here is What You Should Know

Zacks.com users have recently been watching Agnico (AEM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Agnico Eagle Mines Limited (AEM) is Attracting Investor Attention: Here is What You Should Know

Agnico Eagle Announces Successful Take-Up of 94.1% of the Shares of O3 Mining and Mandatory Extension of Offer to February 3, 2025

All-cash offer of $1.67 per share representing a 58% premium to O3 Mining's closing price on December 11, 2024 Agnico Eagle has satisfied the minimum tender condition and has taken-up and acquired 94.1% of the outstanding O3 Mining shares Shareholders who have not already tendered should do so as soon as possible to take advantage of the significant offer as their brokers, banks or other intermediaries likely have tendering cut-off times well in advance of the expiry time of 11:59 p.m. (EST) on February 3, 2025 Tender your shares today for prompt payment.

Agnico Eagle Announces Successful Take-Up of 94.1% of the Shares of O3 Mining and Mandatory Extension of Offer to February 3, 2025

Agnico Eagle Announces Successful Take-Up of 94.1% of the Shares of O3 Mining and Mandatory Extension of Offer to February 3, 2025

All-cash offer of $1.67 per share representing a 58% premium to O3 Mining's closing price on December 11, 2024 Agnico Eagle has satisfied the minimum tender condition and has taken-up and acquired 94.1% of the outstanding O3 Mining shares Shareholders who have not already tendered should do so as soon as possible to take advantage of the significant offer as their brokers, banks or other intermediaries likely have tendering cut-off times well in advance of the expiry time of 11:59 p.m. (EST) on February 3, 2025 Tender your shares today for prompt payment.

Agnico Eagle Announces Successful Take-Up of 94.1% of the Shares of O3 Mining and Mandatory Extension of Offer to February 3, 2025

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