Agnico Eagle Mines Stock Revenue
| AEM Stock | CAD 89.05 0.64 0.72% |
Agnico Eagle Mines fundamentals help investors to digest information that contributes to Agnico Eagle's financial success or failures. It also enables traders to predict the movement of Agnico Stock. The fundamental analysis module provides a way to measure Agnico Eagle's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Agnico Eagle stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 6.6 B | 7 B |
Agnico | Revenue |
Agnico Eagle Mines Company Revenue Analysis
Agnico Eagle's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Agnico Eagle Revenue | 6.63 B |
Most of Agnico Eagle's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Agnico Eagle Mines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Agnico
Projected quarterly revenue analysis of Agnico Eagle Mines provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Agnico Eagle match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Agnico Eagle's stock price.
Agnico Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Agnico Eagle is extremely important. It helps to project a fair market value of Agnico Stock properly, considering its historical fundamentals such as Revenue. Since Agnico Eagle's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Agnico Eagle's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Agnico Eagle's interrelated accounts and indicators.
Click cells to compare fundamentals
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
| Competition |
Based on the latest financial disclosure, Agnico Eagle Mines reported 6.63 B of revenue. This is 15.68% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The revenue for all Canada stocks is 29.76% higher than that of the company.
Agnico Eagle Mines is the top company in revenue category among related companies. Market size based on revenue of Materials industry is presently estimated at about 13.25 Billion. Agnico Eagle totals roughly 6.63 Billion in revenue claiming about 50% of all equities under Materials industry.Agnico Eagle Current Valuation Drivers
We derive many important indicators used in calculating different scores of Agnico Eagle from analyzing Agnico Eagle's financial statements. These drivers represent accounts that assess Agnico Eagle's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Agnico Eagle's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 14.6B | 17.0B | 12.8B | 12.7B | 26.8B | 28.1B | |
| Enterprise Value | 16.1B | 18.3B | 14.4B | 13.5B | 28.4B | 29.9B |
Agnico Eagle ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Agnico Eagle's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Agnico Eagle's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Agnico Fundamentals
| Return On Equity | 0.0241 | ||||
| Return On Asset | 0.0342 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 45.65 B | ||||
| Shares Outstanding | 498.19 M | ||||
| Shares Owned By Insiders | 0.12 % | ||||
| Shares Owned By Institutions | 71.20 % | ||||
| Number Of Shares Shorted | 3.68 M | ||||
| Price To Earning | 19.73 X | ||||
| Price To Book | 1.59 X | ||||
| Price To Sales | 6.36 X | ||||
| Revenue | 6.63 B | ||||
| Gross Profit | 3.1 B | ||||
| EBITDA | 3.38 B | ||||
| Net Income | 1.94 B | ||||
| Cash And Equivalents | 658.62 M | ||||
| Cash Per Share | 1.82 X | ||||
| Total Debt | 100 M | ||||
| Debt To Equity | 0.09 % | ||||
| Current Ratio | 2.17 X | ||||
| Book Value Per Share | 39.06 X | ||||
| Cash Flow From Operations | 2.25 B | ||||
| Short Ratio | 2.29 X | ||||
| Earnings Per Share | 1.08 X | ||||
| Price To Earnings To Growth | 28.26 X | ||||
| Target Price | 104.28 | ||||
| Beta | 1.07 | ||||
| Market Capitalization | 44.36 B | ||||
| Total Asset | 28.68 B | ||||
| Retained Earnings | 963.17 M | ||||
| Working Capital | 1.14 B | ||||
| Current Asset | 829.42 M | ||||
| Current Liabilities | 311.52 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.57 % | ||||
| Net Asset | 28.68 B | ||||
| Last Dividend Paid | 1.6 |
About Agnico Eagle Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Agnico Eagle Mines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Agnico Eagle using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Agnico Eagle Mines based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Agnico Eagle
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Agnico Eagle position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Agnico Eagle will appreciate offsetting losses from the drop in the long position's value.Moving together with Agnico Stock
| 0.95 | CM-PT | Canadian Imperial Bank | PairCorr |
| 0.87 | FFH-PH | Fairfax Financial Earnings Call Today | PairCorr |
| 0.69 | BMO-PE | Bank of Montreal | PairCorr |
Moving against Agnico Stock
| 0.88 | SEC | Senvest Capital | PairCorr |
The ability to find closely correlated positions to Agnico Eagle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agnico Eagle when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Agnico Eagle - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Agnico Eagle Mines to buy it.
The correlation of Agnico Eagle is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agnico Eagle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agnico Eagle Mines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Agnico Eagle can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agnico Eagle Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Agnico Stock analysis
When running Agnico Eagle's price analysis, check to measure Agnico Eagle's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Agnico Eagle is operating at the current time. Most of Agnico Eagle's value examination focuses on studying past and present price action to predict the probability of Agnico Eagle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agnico Eagle's price. Additionally, you may evaluate how the addition of Agnico Eagle to your portfolios can decrease your overall portfolio volatility.
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