Agnico Eagle Mines (NYSE:AEM) Sets New 12-Month High – Time to Buy?

Shares of Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) hit a new 52-week high during trading on Wednesday . The stock traded as high as $245.81 and last traded at $244.14, with a volume of 1822975 shares. The stock had previously closed at $240.49.

Trending Headlines about Agnico Eagle Mines

Here are the key news stories impacting Agnico Eagle Mines this week:

• Positive Sentiment: Management raised the quarterly dividend to $0.45, outlined a larger 2026 exploration program (US$565M–$635M) across key assets and reaffirmed buyback activity — moves that increase shareholder returns and growth optionality. Why Agnico Eagle Mines (AEM) Is Up 5.4% After Boosting Dividend And 2026 Exploration Budget
• Positive Sentiment: Strong 2025 results (reported record free cash flow and solid net income) and achieved production guidance bolster confidence in execution and the balance sheet. Those fundamentals support higher valuation and dividend sustainability. Agnico Eagle rises as tariff-driven rush to safe havens lifts gold-linked miners
• Neutral Sentiment: Analyst/scoreboard coverage highlights AEM as a growth/quality name (Zacks style scores), which can attract multifactor investors but is not a near-term catalyst by itself. Here’s Why Agnico Eagle Mines (AEM) is a Strong Growth Stock
• Neutral Sentiment: Investor presentations (BMO conference slide deck) provide more detail on pipeline and projects — useful for due diligence but not an immediate price driver. Agnico Eagle Mines Limited (AEM) Presents at 35th BMO Global Metals, Mining & Critical Minerals Conference – Slideshow
• Neutral Sentiment: Market context: other miners’ results and higher gold prices are lifting the sector; B2Gold’s mixed quarter shows industry dispersion — helpful for sector momentum but company‑specific impact varies. B2Gold Q4 Earnings Miss Estimates, Revenues Surge Y/Y on Higher Output
• Neutral Sentiment: New analyst estimates (e.g., Erste Group) update FY2026 outlook — worth monitoring for consensus revisions but not immediately directional on its own. What is Erste Group Bank’s Estimate for AEM FY2026 Earnings?
• Negative Sentiment: Scotiabank’s updated forecast trims earnings expectations for AEM — analyst downgrades or cuts to estimates could pressure the stock if more firms follow. Scotiabank Forecasts Reduced Earnings for Agnico Eagle Mines

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on AEM shares. JPMorgan Chase & Co. reduced their price target on shares of Agnico Eagle Mines from $248.00 to $235.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. UBS Group reaffirmed a “neutral” rating and issued a $240.00 target price on shares of Agnico Eagle Mines in a research note on Friday, January 30th. Wall Street Zen cut shares of Agnico Eagle Mines from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 31st. Zacks Research lowered shares of Agnico Eagle Mines from a “strong-buy” rating to a “hold” rating in a report on Friday, January 23rd. Finally, Weiss Ratings downgraded Agnico Eagle Mines from a “buy (a-)” rating to a “buy (b)” rating in a report on Monday, January 12th. Three investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $234.91.

Agnico Eagle Mines Stock Performance

The stock’s 50 day moving average is $197.90 and its two-hundred day moving average is $172.84. The firm has a market capitalization of $122.32 billion, a P/E ratio of 27.49, a P/E/G ratio of 0.56 and a beta of 0.63. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.02 and a quick ratio of 1.33.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last announced its quarterly earnings data on Thursday, February 12th. The mining company reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.13. The firm had revenue of $3.53 billion for the quarter, compared to analysts’ expectations of $3.40 billion. Agnico Eagle Mines had a net margin of 37.47% and a return on equity of 18.09%. The business’s revenue for the quarter was up 60.3% on a year-over-year basis. During the same period last year, the firm earned $1.26 earnings per share. As a group, equities analysts anticipate that Agnico Eagle Mines Limited will post 4.63 earnings per share for the current fiscal year.

Agnico Eagle Mines Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be issued a $0.45 dividend. This is a boost from Agnico Eagle Mines’s previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Monday, March 2nd. Agnico Eagle Mines’s dividend payout ratio is currently 18.02%.

Hedge Funds Weigh In On Agnico Eagle Mines

Institutional investors have recently modified their holdings of the stock. Acumen Wealth Advisors LLC acquired a new stake in shares of Agnico Eagle Mines in the 4th quarter valued at approximately $26,000. True Wealth Design LLC grew its holdings in Agnico Eagle Mines by 381.3% during the third quarter. True Wealth Design LLC now owns 154 shares of the mining company’s stock valued at $26,000 after purchasing an additional 122 shares during the period. Blue Bell Private Wealth Management LLC increased its stake in Agnico Eagle Mines by 59.7% in the third quarter. Blue Bell Private Wealth Management LLC now owns 198 shares of the mining company’s stock valued at $33,000 after purchasing an additional 74 shares in the last quarter. MCF Advisors LLC acquired a new stake in Agnico Eagle Mines in the third quarter worth $34,000. Finally, Lodestone Wealth Management LLC acquired a new stake in Agnico Eagle Mines in the fourth quarter worth $35,000. 68.34% of the stock is currently owned by institutional investors and hedge funds.

About Agnico Eagle Mines

Agnico Eagle Mines Limited (NYSE: AEM) is a Canadian-based senior gold producer headquartered in Toronto, Ontario. The company is principally engaged in the exploration, development, production and reclamation of gold-bearing properties. Agnico Eagle pursues both greenfield and brownfield exploration to expand its resource base and operates a portfolio of producing mines and development projects to generate long-life gold production.

Its core business activities span the full mining lifecycle: grassroots and advanced-stage exploration, prefeasibility and feasibility studies, mine construction, underground and open-pit mining, ore processing and metal recovery, and post-mining reclamation and closure.