Agnico Eagle Mines Stock Buy Hold or Sell Recommendation
| AEM Stock | CAD 114.26 3.66 3.10% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Agnico Eagle Mines is 'Strong Sell'. The recommendation algorithm takes into account all of Agnico Eagle's available fundamental, technical, and predictive indicators you will find on this site.
Check out Agnico Eagle Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Agnico and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards 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 board of governors.
Agnico |
Execute Agnico Eagle Buy or Sell Advice
The Agnico recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Agnico Eagle Mines. Macroaxis does not own or have any residual interests in Agnico Eagle Mines or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Agnico Eagle's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Agnico Eagle Trading Alerts and Improvement Suggestions
| Agnico Eagle Mines is unlikely to experience financial distress in the next 2 years | |
| About 70.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Telemark Asset Management LLC Buys Shares of 100,000 Agnico Eagle Mines Limited - MarketBeat |
Agnico Eagle Returns Distribution Density
The distribution of Agnico Eagle's historical returns is an attempt to chart the uncertainty of Agnico Eagle's future price movements. The chart of the probability distribution of Agnico Eagle daily returns describes the distribution of returns around its average expected value. We use Agnico Eagle Mines price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Agnico Eagle returns is essential to provide solid investment advice for Agnico Eagle.
| Mean Return | 0.09 | Value At Risk | -2.25 | Potential Upside | 3.56 | Standard Deviation | 1.79 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Agnico Eagle historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Agnico Eagle Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 20.1M | 80.6M | (216.7M) | 472.8M | (320.0M) | (304.0M) | |
| Free Cash Flow | (972K) | 432.7M | 398.3M | 558.4M | 936.5M | 983.3M | |
| Depreciation | 546.1M | 631.1M | 738.1M | 1.1B | 1.5B | 1.6B | |
| Other Non Cash Items | (358.8M) | (61.8M) | 79.7M | 134.3M | (808.7M) | (768.3M) | |
| Dividends Paid | 105.4M | 190.3M | 275.2M | 608.3M | 638.6M | 670.6M | |
| Capital Expenditures | 882.7M | 759.3M | 917.7M | 1.5B | 1.7B | 1.7B | |
| Net Income | 473.2M | 511.6M | 543.0M | 670.2M | 1.9B | 2.0B | |
| End Period Cash Flow | 321.9M | 402.5M | 185.8M | 658.6M | 338.6M | 224.5M | |
| Change To Inventory | (91.4M) | (82.9M) | (185.1M) | (46.2M) | (169.2M) | (160.7M) | |
| 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 Netincome | 193.9M | 68.4M | 316.1M | 350.9M | 403.6M | 203.6M |
Agnico Eagle Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Agnico Eagle or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Agnico Eagle's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Agnico stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | -0.37 | |
σ | Overall volatility | 1.87 | |
Ir | Information ratio | -0.02 |
Agnico Eagle Volatility Alert
Agnico Eagle Mines has relatively low volatility with skewness of -0.24 and kurtosis of 2.78. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Agnico Eagle's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Agnico Eagle's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Agnico Eagle Fundamentals Vs Peers
Comparing Agnico Eagle's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Agnico Eagle's direct or indirect competition across all of the common fundamentals between Agnico Eagle and the related equities. This way, we can detect undervalued stocks with similar characteristics as Agnico Eagle or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Agnico Eagle's fundamental indicators could also be used in its relative valuation, which is a method of valuing Agnico Eagle by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Agnico Eagle to competition |
| Fundamentals | Agnico Eagle | Peer Average |
| Return On Equity | 0.0501 | -0.31 |
| Return On Asset | 0.0501 | -0.14 |
| Profit Margin | 0.13 % | (1.27) % |
| Operating Margin | 0.41 % | (5.51) % |
| Current Valuation | 60.02 B | 16.62 B |
| Shares Outstanding | 501.52 M | 571.82 M |
| Shares Owned By Insiders | 0.07 % | 10.09 % |
| Shares Owned By Institutions | 70.41 % | 39.21 % |
| Number Of Shares Shorted | 2.29 M | 4.71 M |
| Price To Earning | 19.73 X | 28.72 X |
| Price To Book | 2.06 X | 9.51 X |
| Price To Sales | 7.56 X | 11.42 X |
| Revenue | 6.63 B | 9.43 B |
| Gross Profit | 3.1 B | 27.38 B |
| EBITDA | 3.17 B | 3.9 B |
| Net Income | 1.94 B | 570.98 M |
| Cash And Equivalents | 658.62 M | 2.7 B |
| Cash Per Share | 1.82 X | 5.01 X |
| Total Debt | 2 B | 5.32 B |
| Debt To Equity | 0.09 % | 48.70 % |
| Current Ratio | 2.17 X | 2.16 X |
| Book Value Per Share | 40.89 X | 1.93 K |
| Cash Flow From Operations | 2.6 B | 971.22 M |
| Short Ratio | 2.13 X | 4.00 X |
| Earnings Per Share | 2.77 X | 3.12 X |
| Price To Earnings To Growth | 28.26 X | 4.89 X |
| Target Price | 98.32 | |
| Beta | 1.08 | -0.15 |
| Market Capitalization | 59.14 B | 19.03 B |
| Total Asset | 28.68 B | 29.47 B |
| Retained Earnings | 963.17 M | 9.33 B |
| Working Capital | 1.14 B | 1.48 B |
| Current Asset | 829.42 M | 9.34 B |
Agnico Eagle Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Agnico . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 49895.32 | |||
| Daily Balance Of Power | (1.91) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 113.48 | |||
| Day Typical Price | 113.74 | |||
| Price Action Indicator | (1.05) | |||
| Period Momentum Indicator | (3.66) | |||
| Relative Strength Index | 53.75 |
About Agnico Eagle Buy or Sell Advice
When is the right time to buy or sell Agnico Eagle Mines? Buying financial instruments such as Agnico Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Agnico Eagle Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.