Agnico Eagle Mines (TSE:AEM) Upgraded to “Strong-Buy” at Freedom Broker

Posted by George Bondi on Nov 3rd, 2026

Freedom Broker upgraded shares of Agnico Eagle Mines (TSE:AEM – Free Report) (NYSE:AEM) from a hold rating to a strong-buy rating in a research note published on Monday,Zacks reports.

A number of other brokerages have also recently commented on AEM. National Bank Financial cut their price target on shares of Agnico Eagle Mines from C$310.00 to C$305.00 and set an “outperform” rating for the company in a research note on Friday. Barclays lowered their price objective on Agnico Eagle Mines from C$298.00 to C$266.00 in a research note on Thursday, July 16th. Jefferies Financial Group raised Agnico Eagle Mines from a “hold” rating to a “strong-buy” rating in a report on Monday, July 6th. Stifel Nicolaus cut their target price on Agnico Eagle Mines from C$350.00 to C$310.00 in a research report on Friday, July 17th. Finally, TD cut their target price on Agnico Eagle Mines from C$244.00 to C$242.00 and set a “buy” rating for the company in a research report on Tuesday, October 20th. Three investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of C$292.00.

View Our Latest Analysis on AEM

Agnico Eagle Mines Stock Up 3.3%

Shares of AEM stock opened at C$238.41 on Monday. The stock has a market cap of C$119.44 billion, a P/E ratio of 19.43, a price-to-earnings-growth ratio of 22.97 and a beta of 2.00. Agnico Eagle Mines has a one year low of C$188.48 and a one year high of C$348.94. The stock has a fifty day moving average price of C$269.07 and a 200 day moving average price of C$262.68. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.75 and a quick ratio of 0.89.

Agnico Eagle Mines (TSE:AEM – Get Free Report) (NYSE:AEM) last announced its quarterly earnings results on Wednesday, October 28th. The company reported C$3.72 earnings per share (EPS) for the quarter. Agnico Eagle Mines had a net margin of 41.00% and a return on equity of 22.64%. The firm had revenue of C$5.10 billion for the quarter. Analysts predict that Agnico Eagle Mines will post 5.50 earnings per share for the current year.

Agnico Eagle Mines Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 15th were given a $0.45 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $1.80 dividend on an annualized basis and a yield of 0.8%. Agnico Eagle Mines’s payout ratio is 14.26%.

Insiders Place Their Bets

In other Agnico Eagle Mines news, Director John Merfyn Roberts sold 1,500 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of C$273.35, for a total transaction of C$410,025.00. Following the sale, the director directly owned 16,182 shares of the company’s stock, valued at approximately C$4,423,349.70. This represents a 8.48% decrease in their ownership of the stock. Corporate insiders own 0.08% of the company’s stock.

Agnico Eagle Mines Company Profile

(Get Free Report)

Canadian-based and led, Agnico Eagle is Canada’s largest mining company and the second largest gold producer in the world, operating mines in Canada, Australia, Finland and Mexico. The Company is advancing a pipeline of high-quality development projects in these regions to support sustainable growth over the next decade. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading sustainability practices. Agnico Eagle was founded in 1957 and has consistently created value for its shareholders, declaring a cash dividend every year since 1983.