Agnico Eagle Mines (NYSE:AEM) Price Target Raised to C$310.00

Posted by Francis Steltz on May 26th, 2026

Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) had its price objective hoisted by equities researchers at Canadian Imperial Bank of Commerce from C$304.00 to C$310.00 in a research report issued on Tuesday,Benzinga reports. The firm presently has an “outperformer” rating on the mining company’s stock.

AEM has been the subject of several other reports. TD Securities lifted their price objective on Agnico Eagle Mines from $241.00 to $251.00 and gave the stock a “buy” rating in a report on Tuesday, March 3rd. Erste Group Bank downgraded Agnico Eagle Mines from a “buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Scotiabank restated an “outperform” rating and set a $280.00 price objective on shares of Agnico Eagle Mines in a report on Tuesday, February 17th. TD upped their target price on Agnico Eagle Mines from $251.00 to $252.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Finally, Weiss Ratings lowered Agnico Eagle Mines from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Agnico Eagle Mines presently has a consensus rating of “Moderate Buy” and a consensus target price of $236.08.

View Our Latest Research Report on Agnico Eagle Mines

Agnico Eagle Mines Trading Up 1.6%

AEM stock traded up $2.84 during midday trading on Tuesday, hitting $178.75. The company had a trading volume of 612,734 shares, compared to its average volume of 2,627,174. The company has a current ratio of 3.15, a quick ratio of 2.18 and a debt-to-equity ratio of 0.01. The stock has a market cap of $89.46 billion, a price-to-earnings ratio of 16.80, a PEG ratio of 3.84 and a beta of 0.58. The stock’s 50 day moving average price is $197.11 and its 200 day moving average price is $194.08. Agnico Eagle Mines has a 52 week low of $114.60 and a 52 week high of $255.24.

Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) last announced its earnings results on Thursday, April 30th. The mining company reported $3.40 EPS for the quarter, beating analysts’ consensus estimates of $3.19 by $0.21. The company had revenue of $4 billion during the quarter, compared to the consensus estimate of $3.96 billion. Agnico Eagle Mines had a return on equity of 21.09% and a net margin of 39.46%.The firm’s revenue for the quarter was up 66.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.53 earnings per share. As a group, equities research analysts expect that Agnico Eagle Mines will post 13.14 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Agnico Eagle Mines

A number of institutional investors have recently modified their holdings of the company. Norges Bank purchased a new stake in Agnico Eagle Mines during the 4th quarter worth about $1,367,783,000. Capital World Investors lifted its holdings in shares of Agnico Eagle Mines by 20.0% in the 3rd quarter. Capital World Investors now owns 20,765,804 shares of the mining company’s stock valued at $3,497,470,000 after purchasing an additional 3,462,968 shares during the last quarter. Van ECK Associates Corp increased its holdings in shares of Agnico Eagle Mines by 21.6% in the fourth quarter. Van ECK Associates Corp now owns 17,225,477 shares of the mining company’s stock valued at $2,920,258,000 after purchasing an additional 3,062,705 shares during the period. Alberta Investment Management Corp acquired a new position in shares of Agnico Eagle Mines in the fourth quarter valued at approximately $194,195,000. Finally, Employees Provident Fund Board acquired a new position in Agnico Eagle Mines during the 4th quarter worth approximately $183,341,000. 68.34% of the stock is owned by institutional investors and hedge funds.

Agnico Eagle Mines Company Profile

(Get 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.