Agnico Eagle Mines (AEM) to Release Earnings on Thursday

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) is anticipated to post its quarterly earnings results after the market closes on Thursday, February 13th. Analysts expect Agnico Eagle Mines to post earnings of $1.70 per share and revenue of $2.27 billion for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Agnico Eagle Mines Stock Down 2.1 %

Shares of AEM opened at $98.42 on Wednesday. The firm has a market capitalization of $49.43 billion, a price-to-earnings ratio of 49.21, a PEG ratio of 0.66 and a beta of 1.10. Agnico Eagle Mines has a 52 week low of $44.37 and a 52 week high of $101.45. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.83 and a current ratio of 1.75. The business’s fifty day moving average price is $85.67 and its two-hundred day moving average price is $82.78.

Analysts Set New Price Targets

A number of analysts recently commented on AEM shares. Scotiabank lifted their price objective on Agnico Eagle Mines from $103.00 to $105.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, January 21st. Royal Bank of Canada raised their target price on shares of Agnico Eagle Mines from $96.00 to $105.00 and gave the company an “outperform” rating in a research note on Tuesday. Finally, Jefferies Financial Group boosted their price target on shares of Agnico Eagle Mines from $85.00 to $88.00 and gave the stock a “hold” rating in a research note on Tuesday, January 7th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $92.75.

About Agnico Eagle Mines

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. 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.