What is Scotiabank’s Forecast for TSE:AEM FY2025 Earnings?

Agnico Eagle Mines Limited (TSE:AEM) (NYSE:AEM) – Scotiabank lowered their FY2025 earnings estimates for shares of Agnico Eagle Mines in a report issued on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now anticipates that the company will earn $6.11 per share for the year, down from their prior forecast of $6.49. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $5.50 per share.

Other equities research analysts have also issued research reports about the stock. Stifel Canada raised shares of Agnico Eagle Mines to a “strong-buy” rating in a report on Wednesday, March 19th. Royal Bank of Canada increased their price objective on shares of Agnico Eagle Mines to C$105.00 and gave the stock a “buy” rating in a report on Thursday, March 6th. Finally, National Bankshares increased their price objective on shares of Agnico Eagle Mines from C$160.00 to C$190.00 and gave the stock an “outperform” rating in a report on Wednesday, March 19th. Four investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of C$128.71.

Agnico Eagle Mines Stock Down 0.8 %

Shares of TSE:AEM opened at C$149.66 on Monday. Agnico Eagle Mines has a 12 month low of C$75.74 and a 12 month high of C$153.94. The company’s 50-day moving average price is C$137.43 and its two-hundred day moving average price is C$122.40. The company has a quick ratio of 0.89, a current ratio of 1.75 and a debt-to-equity ratio of 7.88. The firm has a market cap of C$52.92 billion, a P/E ratio of 52.58, a P/E/G ratio of 22.97 and a beta of 1.10.

Agnico Eagle Mines Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, March 14th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.07%. The ex-dividend date was Friday, February 28th. Agnico Eagle Mines’s dividend payout ratio (DPR) is presently 76.24%.

Insider Activity

In related news, Director Martine Celej sold 2,208 shares of Agnico Eagle Mines stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of C$111.84, for a total transaction of C$246,942.72. Also, Senior Officer Ammar Al-Joundi sold 17,936 shares of Agnico Eagle Mines stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of C$111.84, for a total transaction of C$2,005,962.24. In the last quarter, insiders have sold 80,269 shares of company stock valued at $9,879,772. 0.08% of the stock is currently owned by insiders.

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.