Agnico Eagle Mines (AEM) to Release Quarterly Earnings on Wednesday

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, July 31st. Analysts expect the company to announce earnings of $0.81 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Agnico Eagle Mines Trading Up 1.6 %

Shares of AEM stock opened at $74.55 on Tuesday. The stock has a market cap of $37.29 billion, a price-to-earnings ratio of 78.47, a PEG ratio of 0.76 and a beta of 1.06. The stock has a 50-day moving average of $68.88 and a 200-day moving average of $60.77. The company has a current ratio of 2.21, a quick ratio of 0.88 and a debt-to-equity ratio of 0.09. Agnico Eagle Mines has a 1-year low of $43.22 and a 1-year high of $77.04.

Analysts Set New Price Targets

AEM has been the subject of several recent research reports. National Bank Financial reissued an “outperform overweight” rating on shares of Agnico Eagle Mines in a research note on Monday, April 8th. TD Securities increased their price target on Agnico Eagle Mines from $74.00 to $78.00 and gave the company a “buy” rating in a research note on Tuesday, April 30th. CIBC raised their target price on Agnico Eagle Mines from $81.00 to $101.00 and gave the stock an “outperformer” rating in a research note on Wednesday, July 10th. Scotiabank raised their target price on Agnico Eagle Mines from $71.00 to $81.00 and gave the stock a “sector outperform” rating in a research note on Thursday, May 23rd. Finally, StockNews.com raised Agnico Eagle Mines from a “hold” rating to a “buy” rating in a research note on Thursday, June 27th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, Agnico Eagle Mines presently has a consensus rating of “Moderate Buy” and a consensus target price of $76.88.

Agnico Eagle Mines Company Profile

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.