The trading price of Agnico Eagle Mines Ltd (NYSE:AEM) closed higher on Tuesday, April 23, closing at $62.92, 1.06% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 15.32. In examining the 52-week price action we see that the stock hit a 52-week high of $64.19 and a 52-week low of $43.22. Over the past month, the stock has gained 13.08% in value.
Agnico Eagle Mines Ltd, whose market valuation is $31.39 billion at the time of this writing. The dividend yield on the company stock is 2.54%, while its Forward Dividend ratio is 1.60. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.59 per share this quarter, however they have predicted annual earnings per share of 2.65 for current year and 2.75 for next year.
Analysts have forecast the company to bring in revenue of 1.73B for the current quarter, with the likely lows of 1.66B and highs of 1.78B. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 7.27B.
On the technical side, indicators suggest AEM has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that AEM’s price is currently 3.24% off the SMA20 and 14.04% off the SMA50. The RSI metric on the 14-day chart is currently showing 64.70, and weekly volatility stands at 1.94%. When measured over the past 30 days, the indicator reaches 2.48%. Agnico Eagle Mines Ltd (NYSE:AEM)’s beta value is currently sitting at 1.05, while the Average True Range indicator is currently displaying 1.62.
To see how Agnico Eagle Mines Ltd stock has been performing in comparison to its peers in the industry, here are the numbers: AEM stock’s performance was 1.06% in the latest trading, and 11.82% in the past year. Agnico Eagle Mines Ltd has a P/E ratio of 15.32.
An evaluation of the daily trading volume of Agnico Eagle Mines Ltd (NYSE:AEM) indicates that the 3-month average is 3.43 million.
Currently, records show that 498.94 million of the company’s shares remain outstanding. The insiders hold 0.24% of outstanding shares, whereas institutions hold 67.70%. However, since the stock’s price has seen 14.71% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
