Agnico Eagle Mines Ltd
TSX:AEM
Intrinsic Value
Agnico Eagle Mines Ltd. engages in the exploration and production of gold. [ Read More ]
The intrinsic value of one AEM stock under the Base Case scenario is 56.71 CAD. Compared to the current market price of 74.84 CAD, Agnico Eagle Mines Ltd is Overvalued by 24%.
Valuation Backtest
Agnico Eagle Mines Ltd
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Fundamental Analysis
Company Boasts Strong Performance and Optimizations
2023-Q4 Earnings Call
The company delivered a notable year, generating over $1 billion in operating margins with industry-leading costs. Enhancements at Macassa, including the #4 shaft commissioning and a ventilation upgrade, pushed production above guidance. The integration of the AK and Near Surface deposits has been a value-add. At Detour, the mill throughput rate is now expected to reach 28 million tonnes per annum in the second half of 2024, one year ahead of schedule. Ambitious drilling at the Hope Bay project indicates promising potential for a successful future decision. The 2025 guidance for Fosterville projects a midpoint of 150,000 ounces output, assuming 700,000 tonnes milled at a 7 grams per tonne grade and 94% recovery.
Balance Sheet Decomposition
Agnico Eagle Mines Ltd
Current Assets | 2.2B |
Cash & Short-Term Investments | 338.6m |
Receivables | 35.8m |
Other Current Assets | 1.8B |
Non-Current Assets | 26.5B |
Long-Term Investments | 345.3m |
PP&E | 21.2B |
Intangibles | 4.2B |
Other Non-Current Assets | 769m |
Current Liabilities | 1B |
Accounts Payable | 750.4m |
Accrued Liabilities | 14.2m |
Other Current Liabilities | 283.4m |
Non-Current Liabilities | 8.2B |
Long-Term Debt | 1.9B |
Other Non-Current Liabilities | 6.4B |
Earnings Waterfall
Agnico Eagle Mines Ltd
Revenue
|
6.6B
USD
|
Cost of Revenue
|
-2.9B
USD
|
Gross Profit
|
3.7B
USD
|
Operating Expenses
|
-2B
USD
|
Operating Income
|
1.7B
USD
|
Other Expenses
|
211.1m
USD
|
Net Income
|
1.9B
USD
|
Free Cash Flow Analysis
Agnico Eagle Mines Ltd
What is Free Cash Flow?
AEM Profitability Score
Profitability Due Diligence
Agnico Eagle Mines Ltd's profitability score is 60/100. The higher the profitability score, the more profitable the company is.
Score
Agnico Eagle Mines Ltd's profitability score is 60/100. The higher the profitability score, the more profitable the company is.
AEM Solvency Score
Solvency Due Diligence
Agnico Eagle Mines Ltd's solvency score is 68/100. The higher the solvency score, the more solvent the company is.
Score
Agnico Eagle Mines Ltd's solvency score is 68/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
AEM Price Targets Summary
Agnico Eagle Mines Ltd
According to Wall Street analysts, the average 1-year price target for AEM is 93.44 CAD with a low forecast of 76.76 CAD and a high forecast of 121.45 CAD.
Shareholder Return
AEM Price
Agnico Eagle Mines Ltd
Average Annual Return | 11.47% |
Standard Deviation of Annual Returns | 28.65% |
Max Drawdown | -55% |
Market Capitalization | 37.2B CAD |
Shares Outstanding | 494 378 388 |
Percentage of Shares Shorted | 0.47% |
AEM News
Last Important Events
Agnico Eagle Mines Ltd
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Sentiment Analysis
Agnico Eagle Mines Ltd
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Agnico Eagle Mines Ltd. engages in the exploration and production of gold. The company is headquartered in Toronto, Ontario and currently employs 6,810 full-time employees. The firm operates through three business units: Northern Business, Southern Business and Exploration. Its exploration projects include Barsele, Kirkland Lake, El Barqueno, Hammond Reef and Santa Gertrudis. Its Canadian properties include the LaRonde Complex, the Goldex mine, the Meadowbank Complex, the Meliadine mine, the Hope Bay mine, and the Canadian Malartic Mine. The Company’s Southern Business comprises of its operations in Mexico. Its Pinos Altos mine, including the Creston Mascota deposit, is held through its subsidiary Agnico Eagle Mexico, S.A. de C.V. The La India mine is owned by its subsidiary, Agnico Sonora, S.A. de C.V. Its Exploration group is focused on the identification of new mineral reserves and mineral resources and new development opportunities in gold producing regions. Its other projects include Europe, United States and Latin America.
Contact
IPO
Employees
Officers
The intrinsic value of one AEM stock under the Base Case scenario is 56.71 CAD.
Compared to the current market price of 74.84 CAD, Agnico Eagle Mines Ltd is Overvalued by 24%.