In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Agnico Eagle Mines Ltd (NYSE: AEM) closed at $77.76 down -4.86% from its previous closing price of $81.73. In other words, the price has decreased by -$4.86 from its previous closing price. On the day, 2.62 million shares were traded. AEM stock price reached its highest trading level at $81.53 during the session, while it also had its lowest trading level at $77.34.
Ratios:
For a deeper understanding of Agnico Eagle Mines Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 39.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.12. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 1.75. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.06.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on February 29, 2024, initiated with a Hold rating and assigned the stock a target price of $54.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AEM now has a Market Capitalization of 39329218560 and an Enterprise Value of 39630274560. As of this moment, Agnico’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.84, and their Forward P/E ratio for the next fiscal year is 15.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.99 while its Price-to-Book (P/B) ratio in mrq is 1.90. Its current Enterprise Value per Revenue stands at 5.069 whereas that against EBITDA is 9.428.
Stock Price History:
Over the past 52 weeks, AEM has reached a high of $89.00, while it has fallen to a 52-week low of $44.37. The 50-Day Moving Average of the stock is -6.77%, while the 200-Day Moving Average is calculated to be 6.06%.
Shares Statistics:
For the past three months, AEM has traded an average of 2.24M shares per day and 1534100 over the past ten days. A total of 501.52M shares are outstanding, with a floating share count of 500.96M. Insiders hold about 0.11% of the company’s shares, while institutions hold 63.86% stake in the company. Shares short for AEM as of 1732838400 were 5257216 with a Short Ratio of 2.36, compared to 1730332800 on 5297213. Therefore, it implies a Short% of Shares Outstanding of 5257216 and a Short% of Float of 1.09.
Dividends & Splits
According to the company, the forward annual dividend rate for AEM is 1.60, from 1.6 in the trailing year. Against a Trailing Annual Dividend Yield of 0.019576654The stock’s 5-year Average Dividend Yield is 2.37.