Agnico Eagle Financials

AEM Stock  USD 83.57  0.77  0.93%   
Based on the measurements of operating efficiency obtained from Agnico Eagle's historical financial statements, Agnico Eagle Mines is performing exceptionally good at the present time. It has a great likelihood to report excellent financial results in December. At this time, Agnico Eagle's Retained Earnings are very stable compared to the past year. As of the 21st of November 2024, Accounts Payable is likely to grow to about 333.8 M, while Cash is likely to drop about 220.6 M. Key indicators impacting Agnico Eagle's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.09060.0954
Notably Down
Slightly volatile
Operating Income3.4 B3.3 B
Sufficiently Up
Slightly volatile
Current Ratio1.982.08
Notably Down
Slightly volatile
Investors should never underestimate Agnico Eagle's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Agnico Eagle's cash flow, debt, and profitability to make informed and accurate decisions about investing in Agnico Eagle Mines.

Cash And Equivalents

347.84 Million

  
Understanding current and past Agnico Eagle Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Agnico Eagle's financial statements are interrelated, with each one affecting the others. For example, an increase in Agnico Eagle's assets may result in an increase in income on the income statement.

Agnico Eagle Earnings Geography

Agnico Eagle Stock Summary

Agnico Eagle competes with Wheaton Precious, Newmont Goldcorp, Kinross Gold, Gold Fields, and Barrick Gold. Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland. The company was incorporated in 1953 and is headquartered in Toronto, Canada. Agnico-Eagle Mines operates under Gold classification in the United States and is traded on New York Stock Exchange. It employs 6810 people.
Foreign Associate
  Canada
Specialization
Basic Materials, Materials
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINCA0084741085
CUSIP008474108
LocationOntario; Canada
Business Address145 King Street
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.agnicoeagle.com
Phone416 947 1212
CurrencyUSD - US Dollar

Agnico Eagle Key Financial Ratios

Agnico Eagle Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets8.8B9.6B10.2B23.5B28.5B30.0B
Other Current Liab55.4M225.0M267.5M546.8M502.9M528.1M
Net Debt1.5B1.3B1.5B834.8M1.7B1.7B
Retained Earnings(647.3M)(366.4M)(165.3M)(201.6M)958.2M1.0B
Accounts Payable345.6M167.1M189.1M259.0M317.9M333.8M
Cash321.9M402.5M185.8M658.6M338.6M220.6M
Other Assets189.9M352.0M486.8M478.5M550.3M577.8M
Other Current Assets179.2M198.4M218.8M293.9M415.2M436.0M
Total Liab3.7B3.9B4.2B7.3B9.3B9.7B
Total Current Assets1.2B1.2B1.3B2.2B2.2B2.3B
Short Term Debt374.7M20.9M258.0M136.5M146.4M153.7M
Common Stock5.6B5.8B5.9B16.3B18.2B19.2B
Net Receivables10.6M11.9M13.5M143.8M184.0M193.2M
Inventory580.1M630.5M878.9M1.2B1.4B1.5B
Other Liab1.4B1.8B2.0B5.0B5.7B6.0B
Long Term Debt1.4B1.6B1.3B1.2B1.7B953.5M
Net Tangible Assets4.1B4.7B5.3B5.6B6.4B4.6B
Long Term Debt Total1.5B1.7B1.4B1.4B1.6B1.5B

Agnico Eagle Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense105.1M95.1M92.0M82.9M99.0M103.9M
Total Revenue2.5B3.1B3.8B5.7B6.7B7.1B
Gross Profit701.1M1.1B1.3B2.0B2.0B2.1B
Operating Income485.7M777.3M1.0B1.3B3.3B3.4B
Ebit1.0B904.6M1.0B1.2B2.5B2.6B
Ebitda1.0B1.6B1.7B2.3B4.1B4.3B
Income Before Tax738.7M767.6M903.4M1.1B2.4B2.5B
Net Income473.2M511.6M561.9M670.2M1.9B2.0B
Income Tax Expense265.6M256.0M360.4M445.2M417.8M438.7M
Cost Of Revenue1.8B2.1B2.5B3.7B4.8B5.0B
Tax Provision265.6M256.0M360.4M445.2M429.6M255.5M
Interest Income74.5M9.7M92.8M157.5M10M9.5M
Net Interest Income(98.4M)(95.1M)(92.0M)(82.9M)(90.4M)(94.9M)

Agnico Eagle Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash20.1M80.6M(216.7M)472.8M(320.0M)(304.0M)
Free Cash Flow(972K)432.7M398.3M558.4M953.7M1.0B
Depreciation546.1M631.1M738.1M1.1B1.6B1.6B
Other Non Cash Items(358.8M)(61.8M)79.7M134.3M(715.2M)(679.5M)
Dividends Paid105.4M190.3M275.2M608.3M638.6M670.6M
Capital Expenditures882.7M759.3M917.7M1.5B1.7B1.8B
Net Income473.2M511.6M543.0M670.2M1.9B2.0B
End Period Cash Flow321.9M402.5M185.8M658.6M338.6M224.5M
Change To Inventory(91.4M)(82.9M)(185.1M)(46.2M)(172.3M)(163.7M)
Investments(873.9M)(50.4M)(51.9M)(710.5M)(2.7B)(2.6B)
Net Borrowings(15.5M)(175.9M)(25.0M)(258.7M)(232.8M)(221.2M)
Change To Netincome193.9M68.4M316.1M350.9M403.6M203.6M

Agnico Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Agnico Eagle's current stock value. Our valuation model uses many indicators to compare Agnico Eagle value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Agnico Eagle competition to find correlations between indicators driving Agnico Eagle's intrinsic value. More Info.
Agnico Eagle Mines is rated below average in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about  1.00  of Return On Asset per Return On Equity. At this time, Agnico Eagle's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Agnico Eagle by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Agnico Eagle Mines Systematic Risk

Agnico Eagle's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Agnico Eagle volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Agnico Eagle Mines correlated with the market. If Beta is less than 0 Agnico Eagle generally moves in the opposite direction as compared to the market. If Agnico Eagle Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Agnico Eagle Mines is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Agnico Eagle is generally in the same direction as the market. If Beta > 1 Agnico Eagle moves generally in the same direction as, but more than the movement of the benchmark.

Agnico Eagle Thematic Clasifications

Agnico Eagle Mines is part of several thematic ideas from Aluminum to Gold and Gold Mining. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Agnico Eagle Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Agnico Eagle's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Agnico Eagle growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0856

At this time, Agnico Eagle's Price Earnings To Growth Ratio is very stable compared to the past year.

Agnico Eagle November 21, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Agnico Eagle help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Agnico Eagle Mines. We use our internally-developed statistical techniques to arrive at the intrinsic value of Agnico Eagle Mines based on widely used predictive technical indicators. In general, we focus on analyzing Agnico Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Agnico Eagle's daily price indicators and compare them against related drivers.
When determining whether Agnico Eagle Mines is a strong investment it is important to analyze Agnico Eagle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Agnico Eagle's future performance. For an informed investment choice regarding Agnico Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agnico Eagle Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Agnico Eagle. If investors know Agnico will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Agnico Eagle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.245
Dividend Share
1.6
Earnings Share
1.98
Revenue Per Share
15.68
Quarterly Revenue Growth
0.312
The market value of Agnico Eagle Mines is measured differently than its book value, which is the value of Agnico that is recorded on the company's balance sheet. Investors also form their own opinion of Agnico Eagle's value that differs from its market value or its book value, called intrinsic value, which is Agnico Eagle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Agnico Eagle's market value can be influenced by many factors that don't directly affect Agnico Eagle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Agnico Eagle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agnico Eagle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agnico Eagle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.