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

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) is expected to issue its quarterly earnings data after the market closes on Thursday, February 13th. Analysts expect the company to announce earnings of $1.70 per share and revenue of $2.27 billion for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Agnico Eagle Mines Stock Up 3.1 %

AEM opened at $98.58 on Thursday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 0.83. Agnico Eagle Mines has a 12 month low of $44.37 and a 12 month high of $99.70. The stock has a market capitalization of $49.51 billion, a P/E ratio of 49.29, a P/E/G ratio of 0.62 and a beta of 1.10. The business has a 50 day simple moving average of $84.49 and a 200-day simple moving average of $82.02.

Analyst Upgrades and Downgrades

A number of research firms have commented on AEM. Scotiabank raised their target price on Agnico Eagle Mines from $103.00 to $105.00 and gave the company a “sector outperform” rating in a report on Tuesday, January 21st. Jefferies Financial Group raised their price objective on shares of Agnico Eagle Mines from $85.00 to $88.00 and gave the company a “hold” rating in a research note on Tuesday, January 7th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $90.50.

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.