Agnico Eagle Mines Limited (TSE:AEM – Free Report) (NYSE:AEM) – Stock analysts at Cormark upped their Q1 2024 earnings per share (EPS) estimates for Agnico Eagle Mines in a note issued to investors on Monday, April 22nd. Cormark analyst R. Gray now forecasts that the company will post earnings per share of $0.80 for the quarter, up from their previous forecast of $0.74. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $3.44 per share.
Agnico Eagle Mines (TSE:AEM – Get Free Report) (NYSE:AEM) last issued its earnings results on Thursday, February 15th. The company reported C$0.78 earnings per share for the quarter, topping the consensus estimate of C$0.65 by C$0.13. Agnico Eagle Mines had a return on equity of 10.89% and a net margin of 29.29%. The firm had revenue of C$2.39 billion for the quarter, compared to analyst estimates of C$2.04 billion.
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Agnico Eagle Mines Price Performance
Shares of TSE AEM opened at C$87.26 on Tuesday. Agnico Eagle Mines has a 1-year low of C$59.36 and a 1-year high of C$88.27. The company has a debt-to-equity ratio of 10.32, a current ratio of 2.09 and a quick ratio of 0.89. The business’s fifty day moving average price is C$75.80 and its two-hundred day moving average price is C$70.86. The firm has a market capitalization of C$43.48 billion, a PE ratio of 16.13, a P/E/G ratio of 22.97 and a beta of 1.07.
Agnico Eagle Mines Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were paid a dividend of $0.537 per share. The ex-dividend date was Thursday, February 29th. This represents a $2.15 annualized dividend and a yield of 2.46%. Agnico Eagle Mines’s dividend payout ratio is currently 39.74%.
About Agnico Eagle Mines
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.
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