1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
Commodity prices have generally stabilized after falling on concerns that China’s reopening would underwhelm, along with worries over a recession in the West. Even so, they remain elevated versus history and cost-curve support. The Russian invasion of Ukraine and subsequent sanctions on Russia support energy prices and reinforce the importance of energy security.
Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years. It merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It produced more than 3.1 million gold ounces in 2022 and had about 15 years of gold reserves at end 2022. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of AEM’s competitive advantage.
Agnico Eagle Mines Ltd
XTSE: AEM
| Newmont Corp
XNYS: NEM
| Barrick Gold Corp
XTSE: ABX
| Kinross Gold Corp
XTSE: K
| |
Price
| 66.20 | 40.52 | 21.61 | 6.74 |
Currency
| CAD | USD | CAD | CAD |
Change
| −$1.48 (2.19%) | −$0.43 (1.05%) | −$0.52 (2.35%) | −$0.31 (4.40%) |
Market Cap
| 32.76 Bil | 32.17 Bil | 37.94 Bil | 8.27 Bil |
Industry
| Gold | Gold | Gold | Gold |
Sector
|
Basic Materials
|
Basic Materials
|
Basic Materials
|
Basic Materials
|
* Trading data in this section is delayed by at least 15 minutes.
Yes. AEM has a forward dividend yield of 3.17%.
See
AEM’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
AEM’s market cap is 32.76 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
AEM’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
AEM’s price/sales is 3.91.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
AEM’s price/forward earnings is 9.99.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
AEM’s price/book is 1.28.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See AEM’s valuation ratios compared to the Market Index.
AEM’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare AEM’s historical performance against its industry peers and the overall market.
