RFG Advisory LLC grew its position in Agnico Eagle Mines Limited (NYSE:AEM – Free Report) (TSE:AEM) by 112.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,578 shares of the mining company’s stock after acquiring an additional 7,708 shares during the period. RFG Advisory LLC’s holdings in Agnico Eagle Mines were worth $2,261,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of AEM. Acumen Wealth Advisors LLC bought a new position in Agnico Eagle Mines in the 4th quarter valued at $26,000. Markowski Investments bought a new stake in shares of Agnico Eagle Mines during the second quarter worth $29,000. Dunhill Financial LLC bought a new stake in shares of Agnico Eagle Mines during the second quarter worth $31,000. Fiduciary Financial Advisors acquired a new stake in shares of Agnico Eagle Mines in the second quarter valued at $32,000. Finally, Jessup Wealth Management Inc bought a new position in shares of Agnico Eagle Mines in the fourth quarter valued at about $35,000. 68.34% of the stock is owned by institutional investors and hedge funds.
More Agnico Eagle Mines News
Here are the key news stories impacting Agnico Eagle Mines this week:
- Positive Sentiment: Strong fundamentals support longer-term upside. An analysis highlighted robust first-half 2026 results, upgraded revenue and adjusted-income estimates, and attractive forward valuation multiples despite risks to gold prices from potentially higher interest rates. Agnico Eagle Mines: Continued Upside Despite Risks To The Price Of Gold
- Positive Sentiment: Record cash generation and a strong balance sheet remain key catalysts. Commentary cited second-quarter free cash flow of approximately $1.34 billion, margins above $3,000 per ounce and a net cash position of about $3.27 billion. Finland asset consolidation and targeted investments could support 20%–30% long-term production growth. Agnico Eagle: The Best Gold Miner Just Went On Sale Again
- Positive Sentiment: Asset monetization and renewable-power development could improve capital allocation. AEM agreed to sell its Delta and Helm Bay projects to Vizsla Copper for C$32 million in shares while retaining royalties and potential milestone payments. Separately, a C$20 million Canada Infrastructure Bank loan is advancing an Inuit-led wind project intended to supply AEM’s Hope Bay operation, potentially reducing diesel dependence. Agnico Eagle to Sell Delta and Helm Bay Projects to Vizsla Copper
Analyst Upgrades and Downgrades
Get Our Latest Stock Analysis on AEM
Agnico Eagle Mines Stock Down 3.1%
Shares of NYSE AEM opened at $196.32 on Friday. The firm has a market capitalization of $99.52 billion, a PE ratio of 16.79, a price-to-earnings-growth ratio of 2.51 and a beta of 0.67. The company has a current ratio of 2.86, a quick ratio of 2.02 and a debt-to-equity ratio of 0.01. Agnico Eagle Mines Limited has a 1 year low of $134.38 and a 1 year high of $255.24. The firm’s 50-day moving average is $173.49 and its 200-day moving average is $186.27.
Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) last posted its quarterly earnings results on Wednesday, July 29th. The mining company reported $3.05 earnings per share for the quarter, topping analysts’ consensus estimates of $2.89 by $0.16. Agnico Eagle Mines had a net margin of 40.44% and a return on equity of 22.04%. The business had revenue of $3.77 billion during the quarter, compared to the consensus estimate of $3.78 billion. During the same period in the previous year, the firm posted $1.94 earnings per share. Agnico Eagle Mines’s revenue for the quarter was up 35.0% compared to the same quarter last year. Equities analysts expect that Agnico Eagle Mines Limited will post 11.58 EPS for the current year.
Agnico Eagle Mines Company Profile
Agnico Eagle Mines Limited is a Canadian-based gold mining company engaged in the exploration, development and production of gold and other mineral resources. The company’s primary product is gold, with silver and other byproducts also recovered from certain operations. Its activities include operating mines, advancing development projects and conducting exploration to expand and replace mineral reserves.
Founded in 1957 through the merger of Agnico Mines and Eagle Mines, Agnico Eagle has grown into one of the world’s major gold producers.
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