Global Strategic Management Inc. Buys 6,903 Shares of Agnico Eagle Mines Limited $AEM

Posted by Brenda Bartman on Oct 16th, 2026

Global Strategic Management Inc. boosted its position in shares of Agnico Eagle Mines Limited (NYSE:AEM – Free Report) (TSE:AEM) by 9.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 78,550 shares of the mining company’s stock after acquiring an additional 6,903 shares during the period. Agnico Eagle Mines makes up approximately 9.7% of Global Strategic Management Inc.’s portfolio, making the stock its 4th largest position. Global Strategic Management Inc.’s holdings in Agnico Eagle Mines were worth $14,408,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of AEM. Deutsche Bank AG purchased a new position in shares of Agnico Eagle Mines in the 2nd quarter valued at about $1,362,158,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Agnico Eagle Mines during the second quarter worth approximately $927,602,000. Bank of America Corp DE purchased a new position in Agnico Eagle Mines during the second quarter worth approximately $844,096,000. The Manufacturers Life Insurance Company boosted its position in Agnico Eagle Mines by 9.0% during the first quarter. The Manufacturers Life Insurance Company now owns 4,091,837 shares of the mining company’s stock worth $829,916,000 after purchasing an additional 338,486 shares in the last quarter. Finally, Amundi grew its holdings in Agnico Eagle Mines by 4.6% in the first quarter. Amundi now owns 3,533,877 shares of the mining company’s stock valued at $717,306,000 after purchasing an additional 155,185 shares during the period. 68.34% of the stock is currently owned by institutional investors and hedge funds.

Agnico Eagle Mines Trading Up 6.0%

Shares of Agnico Eagle Mines stock opened at $187.65 on Friday. The firm has a market capitalization of $95.13 billion, a PE ratio of 16.05, a P/E/G ratio of 2.60 and a beta of 0.64. Agnico Eagle Mines Limited has a twelve month low of $134.38 and a twelve month high of $255.24. The firm’s 50-day moving average price is $194.99 and its 200 day moving average price is $181.71. The company has a current ratio of 2.86, a quick ratio of 2.02 and a debt-to-equity ratio of 0.01.

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 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.89 by $0.16. Agnico Eagle Mines had a return on equity of 22.04% and a net margin of 40.44%. The company had revenue of $3.80 billion for the quarter, compared to analysts’ expectations of $3.78 billion. During the same period in the previous year, the firm posted $1.94 EPS. Agnico Eagle Mines’s revenue was up 35.0% compared to the same quarter last year. On average, sell-side analysts predict that Agnico Eagle Mines Limited will post 11.56 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

AEM has been the subject of a number of recent analyst reports. Scotia cut their price objective on Agnico Eagle Mines from $280.00 to $278.00 and set a “sector outperform” rating for the company in a research report on Friday, July 3rd. Scotiabank decreased their target price on Agnico Eagle Mines from $278.00 to $260.00 and set a “sector outperform” rating on the stock in a research report on Tuesday, July 14th. UBS Group increased their target price on Agnico Eagle Mines from $170.00 to $190.00 and gave the company a “neutral” rating in a research report on Thursday, October 8th. Royal Bank Of Canada lifted their price target on shares of Agnico Eagle Mines from $210.00 to $225.00 and gave the company a “sector perform” rating in a research note on Wednesday, September 16th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Agnico Eagle Mines from $175.00 to $179.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Thirteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Agnico Eagle Mines has a consensus rating of “Moderate Buy” and a consensus price target of $225.62.

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About Agnico Eagle Mines

(Free Report)

Agnico Eagle Mines Limited (NYSE:AEM) is a Canadian gold mining company engaged in the exploration, development and production of gold, as well as related activities such as mineral processing and mine-site reclamation. The company’s principal product is gold, with silver and other byproducts also recovered from certain operations.

Founded in 1957 through the merger of Agnico Mines and Eagle Mines, Agnico Eagle has grown into one of the world’s largest gold producers. Its operating portfolio is concentrated in established mining regions, including the Canadian provinces of Ontario and Quebec, Nunavut in northern Canada, and Finland.