5.19%
22.31%
11.44%
31.32%
106.20%
125.22%
69.54%
AI Spotlight on AEM
Company Description
Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland.It operates through Northern Business and Southern Business segments.The company primarily produces and sells gold deposits, as well as explores for silver, zinc, and copper deposits.
Its flagship property is the LaRonde mine located in the Abitibi region of northwestern Quebec, Canada.As of December 31, 2021, the company's LaRonde mine had proven and probable mineral reserves of approximately 3.0 million ounces of gold.It is also involved in exploration activities in Europe, Latin America, and the United States.
The company was incorporated in 1953 and is headquartered in Toronto, Canada.
Market Data
| Last Price | 136.73 |
| Change Percentage | 5.19% |
| Open | 132.49 |
| Previous Close | 129.98 |
| Market Cap ( Millions) | 68572 |
| Volume | 1031122 |
| Year High | 136.85 |
| Year Low | 60.17 |
| M A 50 | 119.08 |
| M A 200 | 106.35 |
Financial Ratios
| FCF Yield | 3.94% |
| Dividend Yield | 1.69% |
| ROE | 5.03% |
| Debt / Equity | 7.88% |
| Net Debt / EBIDTA | 18.91% |
| Price To Book | 2.31 |
| Price Earnings Ratio | 47.35 |
| Price To FCF | 25.36 |
| Price To sales | 6.01 |
| EV / EBITDA | 14.22 |
News
- Jan -29 - Agnico Eagle Increases Production, Share Value
- Jan -28 - Agnico Eagle Mines (AEM) Increases Yet Falls Behind Market: What Investors Need to Know
- Jan -27 - Agnico Eagle successfully takes up 94.1% of O3 Mining shares
- Jan -25 - Why Agnico Eagle Mines Limited (AEM) Is One of the Best Commodity Stocks to Invest in According to Hedge Funds?
- Jan -24 - Agnico Eagle Announces Successful Take-Up of 94.1% of the Shares of O3 Mining and Mandatory Extension of Offer to February 3, 2025
- Jan -22 - Agnico Eagle Mines (AEM) Exceeds Market Returns: Some Facts to Consider
- Jan -21 - Implied Volatility Surging for Agnico Eagle (AEM) Stock Options
- Jan -21 - Agnico Eagle and O3 Mining Issue Final Reminder to Tender to Agnico Eagle's All Cash 58% Premium Offer Expiring January 23, 2025
- Jan -17 - Agnico Eagle's Offer Significantly Undervalues O3 Mining, Says Shareholder GreenAsh Partners
- Jan -16 - Agnico Eagle Mines (AEM) Stock Moves -0.19%: What You Should Know
- Jan -15 - Agnico Eagle and O3 Mining Issues a Reminder to O3 Mining Shareholders to Tender their Shares to Agnico Eagle's All Cash Offer Expiring January 23, 2025
- Jan -14 - TRX Gold (TRX) Reports Break-Even Earnings for Q1
- Jan -11 - Is Agnico Eagle Mines Limited (AEM) the Best Canadian Dividend Stock to Buy For Income Investors?
- Jan -10 - Why the Market Dipped But Agnico Eagle Mines (AEM) Gained Today
- Jan -08 - AGNICO EAGLE PROVIDES NOTICE OF RELEASE OF FOURTH QUARTER AND FULL YEAR 2024 RESULTS AND CONFERENCE CALL
- Jan -07 - Zacks Industry Outlook Highlights Agnico Eagle Mines, Franco-Nevada, Kinross Gold, Equinox Gold and Gold Royalty
- Jan -06 - 5 Gold Mining Stocks to Watch as Industry Prospects Look Bright
- Jan -03 - Agnico Eagle Mines (AEM) Stock Drops Despite Market Gains: Important Facts to Note
- Jan -03 - White Gold Corp. Closes Second and Final Tranche of $5.25M Upsized Private Placement
- Dec -30 - No. 1 Ranked Gold Miner Agnico Eagle Doubled In 8 Months
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Detour Lake Mine
Expected Growth : 1.2 %
What the company do ?
The Detour Lake Mine is a gold mine in Ontario, Canada, operated by Agnico Eagle Mines Limited, producing over 600,000 ounces of gold annually.
Why we expect these perspectives ?
Detour Lake Mine's 1.2% growth driven by increased gold production, improved ore grades, and enhanced mining efficiency. Strong exploration results and reserve additions also contribute to growth. Agnico Eagle's focus on operational excellence, cost management, and strategic investments in the mine's infrastructure further support the growth momentum.
Segment nΒ°2 -> Canadian Malartic Complex
Expected Growth : 0.9 %
What the company do ?
The Canadian Malartic Complex is a large open-pit gold mine in Quebec, Canada, operated by Agnico Eagle Mines Limited, producing over 300,000 ounces of gold annually.
Why we expect these perspectives ?
The Canadian Malartic Complex's 0.9% growth is driven by increased gold production, improved ore grades, and enhanced operating efficiencies. Additionally, the mine's life extension project and exploration activities are expected to contribute to future growth. Strong gold prices and a favorable Canadian dollar exchange rate also support the complex's growth prospects.
Segment nΒ°3 -> Meadowbank Complex
Expected Growth : 1.1 %
What the company do ?
The Meadowbank Complex, owned by Agnico Eagle Mines Limited, is a gold mining operation located in the Kivalliq region of Nunavut, Canada.
Why we expect these perspectives ?
Agnico Eagle's Meadowbank Complex growth is driven by increased gold production, improved ore grades, and enhanced processing recoveries. The 1.1% growth rate is also supported by the company's focus on operational efficiency, cost management, and strategic investments in exploration and development projects, ensuring a strong foundation for future growth.
Segment nΒ°4 -> Meliadine Mine
Expected Growth : 1.3 %
What the company do ?
The Meliadine Mine is a gold mine in Nunavut, Canada, operated by Agnico Eagle Mines Limited, producing over 270,000 ounces of gold annually.
Why we expect these perspectives ?
Meliadine Mine's 1.3% growth is driven by increasing gold production, improved ore grades, and enhanced mining efficiency. The mine's high-grade ore zones and incremental mill throughput also contribute to the growth. Additionally, Agnico Eagle's focus on cost control and operational excellence enables the mine to maintain a low cost profile, further supporting its growth.
Segment nΒ°5 -> Fosterville Mine
Expected Growth : 0.8 %
What the company do ?
The Fosterville Mine, owned by Agnico Eagle Mines Limited, is a high-grade gold mine located in Victoria, Australia, producing over 300,000 ounces of gold annually.
Why we expect these perspectives ?
Fosterville Mine's 0.8 growth driven by increasing gold grades, improved mining rates, and enhanced processing recoveries. Strong exploration results and reserve additions also contribute to growth, while Agnico Eagle's operational expertise and capital investments optimize mine performance.
Segment nΒ°6 -> LaRonde Mine
Expected Growth : 1.0 %
What the company do ?
The LaRonde Mine, owned by Agnico Eagle Mines Limited, is a gold mine located in Quebec, Canada, producing over 240,000 ounces of gold annually.
Why we expect these perspectives ?
Agnico Eagle's LaRonde Mine growth is driven by increased gold production, improved ore grades, and enhanced mining efficiency. The mine's expansion into the West mine area and the implementation of a new mining method have also contributed to the growth. Additionally, the company's focus on cost reduction and optimization initiatives have improved profitability, supporting a 1.0 level of growth.
Segment nΒ°7 -> Kittila Mine
Expected Growth : 1.1 %
What the company do ?
The Kittila Mine, owned by Agnico Eagle Mines Limited, is a gold mine located in Lapland, Finland, producing over 250,000 ounces of gold annually.
Why we expect these perspectives ?
Kittila Mine's 1.1% growth driven by increasing gold grades, improved mill recoveries, and higher throughput. Strong exploration results and incremental reserve additions support future production growth. Additionally, ongoing investments in mine development and infrastructure enhancements contribute to increased efficiency and productivity.
Segment nΒ°8 -> Macassa Mine
Expected Growth : 0.9 %
What the company do ?
The Macassa Mine is an underground gold mine in Kirkland Lake, Ontario, operated by Agnico Eagle Mines Limited, producing over 220,000 ounces of gold annually.
Why we expect these perspectives ?
Macassa Mine's 0.9 growth driven by increased gold production, improved ore grades, and enhanced mining efficiency. Strong exploration results and reserve additions also contribute to growth. Additionally, Agnico Eagle's focus on cost management and operational optimization supports the mine's expansion.
Segment nΒ°9 -> Goldex Mine
Expected Growth : 1.2 %
What the company do ?
The Goldex Mine, owned by Agnico Eagle Mines Limited, is an underground gold mine located near Val-d'Or, Quebec, Canada, producing over 130,000 ounces of gold annually.
Why we expect these perspectives ?
Agnico Eagle Mines' Goldex Mine growth is driven by increased ore processing, improved gold grades, and enhanced mining efficiency. The 1.2% growth rate is attributed to successful exploration efforts, resulting in increased reserves and resources, as well as optimized mine planning and operational improvements.
Segment nΒ°10 -> Pinos Altos Mine
Expected Growth : 1.0 %
What the company do ?
Pinos Altos Mine is a gold and silver mine in Mexico, operated by Agnico Eagle Mines Limited, producing over 200,000 ounces of gold annually.
Why we expect these perspectives ?
Pinos Altos Mine's 1.0 growth driven by increasing gold grades, improved mill recoveries, and higher throughput. Strong operational performance, optimized mine sequencing, and successful exploration efforts contribute to increased production. Additionally, cost savings initiatives and favorable foreign exchange rates support margin expansion.
Segment nΒ°11 -> La India Mine
Expected Growth : 0.8 %
What the company do ?
La India Mine is a gold and silver open-pit mine in Sonora, Mexico, operated by Agnico Eagle Mines Limited, producing over 100,000 ounces of gold annually.
Why we expect these perspectives ?
La India Mine's 0.8 growth driven by increasing gold grades, improved mill recoveries, and higher throughput. Strong operational performance, optimized mine planning, and enhanced geological understanding also contribute to growth. Additionally, investments in exploration and infrastructure development support long-term production increases.
Segment nΒ°12 -> LaRonde Zone 5 Mine
Expected Growth : 1.1 %
What the company do ?
LaRonde Zone 5 Mine is an underground gold mine in Quebec, Canada, operated by Agnico Eagle Mines Limited, producing over 240,000 ounces of gold annually.
Why we expect these perspectives ?
Agnico Eagle's LaRonde Zone 5 Mine growth is driven by increased gold production, improved ore grades, and enhanced mining efficiency. The mine's high-grade ore body and proximity to existing infrastructure support low operating costs. Additionally, the company's focus on exploration and development of adjacent zones is expected to further boost production and drive growth.
Agnico Eagle Mines Limited Products
| Product Range | What is it ? |
|---|---|
| Gold | Agnico Eagle Mines Limited is a Canadian-based gold producer with a diverse portfolio of high-quality mines and projects in Canada, Finland and Mexico. |
| Silver | Agnico Eagle Mines Limited also produces silver as a by-product of its gold mining operations. |
| Zinc | Agnico Eagle Mines Limited produces zinc as a by-product of its gold mining operations in Finland. |
| Copper | Agnico Eagle Mines Limited produces copper as a by-product of its gold mining operations in Canada. |
Agnico Eagle Mines Limited's Porter Forces
Threat Of Substitutes
Agnico Eagle Mines Limited has a diversified portfolio of gold mines, which reduces the threat of substitutes. The company's focus on gold production makes it less susceptible to substitutes.
Bargaining Power Of Customers
Agnico Eagle Mines Limited sells its gold to a diverse range of customers, including refineries, banks, and other financial institutions. While customers have some bargaining power, the company's diversified customer base mitigates this risk.
Bargaining Power Of Suppliers
Agnico Eagle Mines Limited has a strong bargaining position with its suppliers, given its large scale of operations and diversified supply chain. The company is not heavily reliant on any single supplier.
Threat Of New Entrants
The gold mining industry has significant barriers to entry, including high capital costs, regulatory hurdles, and environmental concerns. This makes it difficult for new entrants to join the market.
Intensity Of Rivalry
The gold mining industry is highly competitive, with several large players competing for market share. Agnico Eagle Mines Limited faces intense rivalry from other major gold producers, which can lead to downward pressure on prices and margins.
Strength
Weaknesses
Opportunities
Threats
Capital Structure
| Value | |
|---|---|
| Debt Weight | 9.36% |
| Debt Cost | 5.53% |
| Equity Weight | 90.64% |
| Equity Cost | 9.14% |
| WACC | 8.80% |
| Leverage | 10.32% |
Agnico Eagle Mines Limited : Quality Control
Agnico Eagle Mines Limited passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| LUG.TO | Lundin Gold Inc. operates as a mining company in Canada. The company holds interests in 27 metallic mineral concessions and three construction material concessions covering an area of approximately 64,270 β¦ |
| LYB | LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and internationally. The company operates in six segments: Olefins β¦ |
| WPM.TO | Wheaton Precious Metals Corp., a streaming company, primarily sells precious metals in Canada and internationally. The company sells gold, silver, palladium, and cobalt deposits. It has a portfolio of interests β¦ |
| ABX.TO | Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. It has ownership interests in producing gold mines that are located in Argentina, β¦ |
| NEM | Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, β¦ |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
π₯
Lundin Gold
A-Score
1-Year Total Return ->
π₯
LyondellBasell
A-Score
1-Year Total Return ->
π₯
Agnico Eagle Mines
A-Score
1-Year Total Return ->
4
Wheaton
A-Score
1-Year Total Return ->
5
Barrick Gold
A-Score
1-Year Total Return ->
6
