The stock of Agnico Eagle Mines Limited (AEM) has seen a -5.61% decrease in the past week, with a -7.63% drop in the past month, and a 14.61% flourish in the past quarter. The volatility ratio for the week is 2.29%, and the volatility levels for the past 30 days are at 2.67% for AEM. The simple moving average for the last 20 days is -8.46% for AEM stock, with a simple moving average of 5.41% for the last 200 days.
Is It Worth Investing in Agnico Eagle Mines Limited (NYSE: AEM) Right Now?
Agnico Eagle Mines Limited (NYSE: AEM) has a higher price-to-earnings ratio of 10.22x compared to its average ratio. compared to its average ratio and a 36-month beta value of 0.81. Analysts have mixed views on the stock, with 16 analysts rating it as a “buy,” 3 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The average price point forecasted by analysts for Agnico Eagle Mines Limited (AEM) is $68.52, which is $13.95 above the current market price. The public float for AEM is 454.02M, and currently, short sellers hold a 1.89% ratio of that float. The average trading volume of AEM on May 25, 2023 was 3.02M shares.
AEM) stock’s latest price update
Agnico Eagle Mines Limited (NYSE: AEM)’s stock price has plunge by -2.62relation to previous closing price of 53.42. Nevertheless, the company has seen a -5.61% plunge in its stock price over the last five trading sessions.
AEM Trading at -5.36% from the 50-Day Moving Average
After a stumble in the market that brought AEM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.93% of loss for the given period.
Volatility was left at 2.67%, however, over the last 30 days, the volatility rate increased by 2.29%, as shares sank -6.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.69% upper at present.
During the last 5 trading sessions, AEM fell by -5.61%, which changed the moving average for the period of 200-days by +15.60% in comparison to the 20-day moving average, which settled at $56.64. In addition, Agnico Eagle Mines Limited saw 0.06% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for AEM
Current profitability levels for the company are sitting at:
- +25.86 for the present operating margin
- +29.89 for the gross margin
The net margin for Agnico Eagle Mines Limited stands at +11.67. The total capital return value is set at 11.46, while invested capital returns managed to touch 5.25. Equity return is now at value 13.90, with 9.50 for asset returns.
Based on Agnico Eagle Mines Limited (AEM), the company’s capital structure generated 9.20 points at debt to equity in total, while total debt to capital is 8.42. Total debt to assets is 6.36, with long-term debt to equity ratio resting at 8.35. Finally, the long-term debt to capital ratio is 7.65.
When we switch over and look at the enterprise to sales, we see a ratio of 2.38, with the company’s debt to enterprise value settled at 0.06. The receivables turnover for the company is 79.17 and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.30.
Conclusion
To put it simply, Agnico Eagle Mines Limited (AEM) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
