PCM Encore LLC Makes New $621,000 Investment in Agnico Eagle Mines Limited $AEM

Posted by Brian Himes on Aug 21st, 2026

PCM Encore LLC acquired a new position in shares of Agnico Eagle Mines Limited (NYSE:AEM – Free Report) (TSE:AEM) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,004 shares of the mining company’s stock, valued at approximately $621,000.

A number of other large investors have also recently made changes to their positions in the business. Capital World Investors raised its holdings in shares of Agnico Eagle Mines by 2.8% in the 4th quarter. Capital World Investors now owns 21,338,277 shares of the mining company’s stock worth $3,618,730,000 after acquiring an additional 572,473 shares during the last quarter. Vanguard Group Inc. lifted its position in Agnico Eagle Mines by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 20,979,666 shares of the mining company’s stock valued at $3,557,772,000 after acquiring an additional 309,717 shares in the last quarter. Van ECK Associates Corp lifted its position in Agnico Eagle Mines by 21.6% in the 4th quarter. Van ECK Associates Corp now owns 17,225,477 shares of the mining company’s stock valued at $2,920,258,000 after acquiring an additional 3,062,705 shares in the last quarter. TD Asset Management Inc boosted its stake in Agnico Eagle Mines by 1.7% during the 4th quarter. TD Asset Management Inc now owns 9,665,456 shares of the mining company’s stock valued at $1,641,239,000 after purchasing an additional 165,263 shares during the last quarter. Finally, Deutsche Bank AG acquired a new position in Agnico Eagle Mines during the 2nd quarter valued at about $1,362,158,000. 68.34% of the stock is owned by institutional investors.

Agnico Eagle Mines Stock Up 1.8%

Agnico Eagle Mines stock opened at $211.40 on Friday. Agnico Eagle Mines Limited has a fifty-two week low of $133.80 and a fifty-two week high of $255.24. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.02 and a current ratio of 2.86. The firm’s 50-day simple moving average is $159.95 and its 200 day simple moving average is $186.50. The stock has a market cap of $107.16 billion, a PE ratio of 18.08, a price-to-earnings-growth ratio of 2.58 and a beta of 0.60.

Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) last posted its quarterly earnings data on Wednesday, July 29th. The mining company reported $3.05 EPS for the quarter, beating the consensus estimate of $2.89 by $0.16. Agnico Eagle Mines had a net margin of 40.44% and a return on equity of 22.04%. The firm had revenue of $3.77 billion during the quarter, compared to analyst estimates of $3.78 billion. During the same quarter last year, the business posted $1.94 EPS. The company’s revenue for the quarter was up 35.0% on a year-over-year basis. Research analysts predict that Agnico Eagle Mines Limited will post 11.56 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently commented on the company. ATB Cormark Capital Markets raised Agnico Eagle Mines from a “hold” rating to an “outperform” rating in a research note on Monday, May 4th. Royal Bank Of Canada cut their target price on Agnico Eagle Mines from $230.00 to $210.00 and set a “sector perform” rating on the stock in a research report on Thursday, July 9th. Bank of America decreased their price target on Agnico Eagle Mines from $302.00 to $240.00 and set a “buy” rating for the company in a report on Thursday, July 9th. JPMorgan Chase & Co. upped their price target on Agnico Eagle Mines from $175.00 to $179.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Finally, Scotiabank lowered their price target on Agnico Eagle Mines from $278.00 to $260.00 and set a “sector outperform” rating for the company in a research report on Tuesday, July 14th. Twelve equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $226.00.

Get Our Latest Research Report on Agnico Eagle Mines

Agnico Eagle Mines Company Profile

(Free Report)

Agnico Eagle Mines Limited (NYSE: AEM) is a Canadian-based senior gold producer headquartered in Toronto, Ontario. The company is principally engaged in the exploration, development, production and reclamation of gold-bearing properties. Agnico Eagle pursues both greenfield and brownfield exploration to expand its resource base and operates a portfolio of producing mines and development projects to generate long-life gold production.

Its core business activities span the full mining lifecycle: grassroots and advanced-stage exploration, prefeasibility and feasibility studies, mine construction, underground and open-pit mining, ore processing and metal recovery, and post-mining reclamation and closure.