Reading the tape
NYSE: AEM
Agnico Eagle Mines Limited
Basic Materials · Gold
Market Cap
$91.96B
52w High
$255.24
52w Low
$103.38
P/E
17.23
Volume
2.61M
Outstanding Shares
500.99M
Price vs Fundamentals
Why The Stock Is Moving
Fundamentals are supporting the moveHigh confidence
1Y Price: 63.08%Revenue (TTM): 52.24%FCF (TTM): 95.45%P/FCF: 13th pct
What changed
The stock rose 63.08% over the last year. Revenue grew 52.24% over the trailing twelve months. Operating margin moved from 42.19% to 56.89%. Free cash flow grew 95.45% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum, and the shares are still only around the 13th percentile of their historical P/FCF range.
What would invalidate this read
Operating margin is at 56.89%. Revenue grew 52.24% — this thesis depends on that trajectory holding. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Company profile
Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland.
CEOAmmar Al-Joundi
SectorBasic Materials
IndustryGold
Employees10,125
IPO dateJun 1, 1972
Valuation
Forward P/E—
EV/EBITDA9.86
Enterprise value$82.56B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth66.6%
Gross margin61.33%▲30.68%vs FY2024
Operating margin56.89%▲39.81%vs FY2024
ROE18.03%▲98.17%vs FY2024
Analyst consensus
RatingBuy
Target price$237.71▲29.50%
20
Buy
10
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 29, 2026
Q3 FY26 · EPS est $3.42 · Revenue est $4.11B
View
Dividends
$1.70/shareQuarterlyDividend Achiever · 11yrEx-div Jun 1, 2026 · in 29dSafeAEM pays a dividend with a 0.93% declared yield, 11 consecutive years of growth, growing at 6.34% annually, covered 5.9× by free cash flow.
Declared Yield
0.93%
Annual Div / Share
$1.70
TTM $1.65
5yr CAGR
+6.34%
Doubles every ~11.3yr
Payout Ratio
14.19%
Safe
Dividend Growth Rate
3yr CAGR
+2.04%
5yr CAGR
+6.34%
10yr CAGR
+18.18%
Dividend Safety
10/10Safe
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$1.70+6.2%
2025$1.60+0.0%
2024$1.60+0.0%
2023$1.60+6.7%
2022$1.50+20.0%
2021$1.25+78.6%
2020$0.70+48.9%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$9/yr
$1/mo
In 5 yrs
$13/yr+36%
$1/mo
In 10 yrs
$17/yr+85%
$1/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$9/yr $1/mo | $13/yr+36% $1/mo | $17/yr+85% $1/mo |
Yield-on-cost grows from 0.93% → 1.71% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
AEM has raised its dividend for 11 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 5.9× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 6.34% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.