Gold has been climbing steadily for months, and if you’ve been looking for a way to benefit from that move, mining stocks are worth a closer look. Agnico Eagle Mines stands out in the analyst community—the consensus rating sits at 3.24 out of 4, with multiple major firms recently raising their price targets.

4 related posts

Market Cap: $82.18bn · P/E Ratio: 27.79 · Target Price: $184.50 · Investment Rating: BUY · Exchanges: TSX, NYSE (AEM)

Quick snapshot

1Confirmed facts
2What’s unclear
  • Short-term gold price sensitivity and chart overbought signals (Stockchase)
  • Exact Q1 2026 earnings reaction and analyst revisions post-release (Stockchase)
  • Peer comparison benchmarks against other gold majors (Stockchase)
3Timeline signal
4What’s next
  • Expected share buybacks from strong balance sheet (Stockchase)
  • Gold production growth from 2022 Kirkland Lake merger assets (Public.com)
  • Growing dividend trajectory alongside buybacks (Stockchase)

Five data points that define Agnico Eagle Mines at a glance: ticker symbol, where it trades, valuation, what analysts expect, and the current rating.

Metric Value
Ticker Symbol AEM
Exchanges TSX, NYSE
Market Cap $82.18bn
P/E Ratio 27.79
Analyst Target $184.50

Is Agnico Eagle stock a good buy?

The short answer from the analyst community is yes—and the margin is comfortable. According to MarketBeat, 17 analysts covering AEM assign an average rating score of 3.24 out of 4, with 11 buy ratings, 1 hold, and zero sells (MarketBeat). On Finviz, the average brokerage recommendation from 19 firms lands at 1.89 on a 1–5 scale, placing it between Strong Buy and Buy (Finviz). Zacks takes it a step further, ranking AEM as a Zacks Rank #1 (Strong Buy) with VGM, Growth, and Momentum scores all rated B (Zacks).

The numbers back the sentiment. MarketBeat’s consensus price target sits at $184.50, implying roughly 13% upside from recent price levels (MarketBeat). TipRanks shows 9 analysts in the Strong Buy camp: 7 buy, 2 hold, 0 sell, with an average 12-month target of $180.31 (TipRanks). On Investing.com, 20 analysts vote Buy—16 Buy, 3 Hold, 1 Sell—with an average target of $253.99 and a high of $332.89 (Investing.com).

Analyst ratings and target price

February 2026 saw a cluster of target increases. Bank of America lifted its price target to $300 on February 26, up from $252, while maintaining a Buy rating (MarketScreener). Stifel Canada set a C$350 target on February 17 following Q4 results (MarketScreener). The same day, TD Securities raised its target to $251 (MarketScreener). Earlier in January, UBS adjusted its target to $240 from $190, though it kept a Neutral rating (MarketScreener).

Recent performance metrics

Looking at the raw numbers: trailing P/E of 27.79, EPS (TTM) of $5.88, and a 52-week range from $75.17 to $187.50 (MarketBeat). Average daily volume runs about 3.01 million shares, giving the stock healthy liquidity. The dividend yield of 0.98% isn’t huge, but analysts point to a growing dividend and share buybacks as likely uses of cash flow (Stockchase). The stock trades on both the TSX in Canadian dollars and the NYSE in US dollars under the AEM ticker.

Risk factors

No investment comes without clouds. Stockchase analysts flag that AEM carries exposure to gold price swings—a fact of life for any gold miner, but worth noting when gold pulls back (Stockchase). Some technical indicators show the stock as recently overbought, suggesting a pause could come before the next leg up. The investment case rests on the long-reserve-life assets and the strong balance sheet management that’s consistently delivered, but gold market volatility remains the swing variable for any investor.

Bottom line: Agnico Eagle Mines has the analyst votes and the balance sheet fundamentals to make a compelling case for buyers. The risk is gold price exposure—a drop in gold hurts margins directly, and anyone entering at or near the 52-week high of $187.50 is paying a premium for that analyst optimism.

What is the best mining stock to buy now?

Gold miners broadly benefit when gold prices rise, but not all miners are created equal. A key advantage AEM holds over peers is jurisdiction: its primary operations sit in Canada, Australia, Finland, and Mexico—regions with relatively low geopolitical risk compared to many gold-producing countries (Simply Wall St). For investors worried about supply chain disruptions or regulatory surprises, that geographic footprint is a quiet selling point.

Agnico Eagle vs peers

The Kirkland Lake Gold merger in 2022 added the high-grade Macassa mine to AEM’s portfolio, expanding production and extending reserve life (Public.com). Stockchase highlights this deal as part of why the company has “long-reserve-life assets, great balance sheet, expected share buybacks” in its favor (Stockchase). When comparing AEM’s Zacks Rank #1 and analyst consensus to peers, the stock sits in the upper tier of the sector—though exact peer comparisons aren’t detailed in available research.

Gold sector outlook

Gold has been on a multi-year run, driven by inflation concerns, central bank buying, and geopolitical uncertainty. When gold prices climb, gold miners typically outperform because operating leverage means profit margins expand faster than the commodity price move. AEM is well-positioned to capture that upside, but the inverse is also true—gold weakness hits miners harder than gold bug investors.

What to watch

Canadian investors should weigh the currency angle carefully: AEM’s dual TSX-NYSE listing lets you buy in CAD on the Toronto exchange, which can reduce conversion costs when the CAD/USD rate shifts.

The implication for global investors is that AEM’s jurisdiction advantage—built over decades in stable mining-friendly countries—remains a structural edge that pure emerging-market miners simply cannot replicate.

What is the Agnico Eagle Mines stock forecast?

The analyst community is constructive, though the range of targets reflects genuine uncertainty about where gold goes. TipRanks’ average 12-month target of $180.31 sits at the lower end, with a high of $231.00 and a low of $122.05 (TipRanks). MarketBeat’s consensus target of $184.50 aligns closely (MarketBeat). On the higher end, Investing.com shows an average target of $253.99, with a high of $332.89—suggesting that for some analysts, the bull case for gold and AEM is significantly more aggressive (Investing.com).

Analyst price targets

The recent target increases in February 2026 signal momentum. BofA’s $300 target represents a major statement of confidence, nearly double the current price level at time of writing (MarketScreener). Stifel Canada’s C$350 target in Canadian dollars reflects the same optimism from a Canadian-focused brokerage (MarketScreener). TD’s $251 and the earlier UBS adjustment to $240 (with Neutral, note the divergence) show that not every upgrade is created equal—BofA and Stifel are clearly bullish; UBS is more cautious (MarketScreener).

Growth projections

Public.com offers a 2026 price prediction of $232.67, derived from modeling longer-term production and gold price assumptions (Public.com). StockInvest.us identifies buy signals from both short and long-term moving averages, assigning a score of 2.865 and calling it a Buy Candidate (StockInvest.us). The technical picture complements the fundamentals: when both Wall Street analysts and price momentum agree, that’s typically a stronger signal than either alone.

The upshot

The wide spread between low targets ($122) and high targets ($332) reflects real uncertainty about gold prices, not a flaw in the analysis. AEM’s production profile and cost structure mean the stock will move with gold—how much it moves depends on where the commodity goes.

The pattern across all platforms suggests that AEM’s upside is real but gold-dependent: bullish gold forecasts unlock the higher targets, while conservative commodity assumptions land nearer the floor estimates.

Where are Agnico Eagle mine locations?

Agnico Eagle operates gold mines across four countries, giving investors geographic diversification within the mining sector. According to Simply Wall St, the company’s producing mines are in Canada, Australia, Finland, and Mexico, while exploration activities extend into Europe, Latin America, and the United States (Simply Wall St). The 2022 merger with Kirkland Lake Gold brought the high-grade Macassa mine into the portfolio, adding a key Canadian asset (Public.com).

Key operating segments

Canada remains the core of operations—multiple producing mines across Canadian provinces anchor the company’s output. The Australian operations add scale, while Finland provides exposure to the European regulatory environment. Mexico rounds out the portfolio with lower-cost production. The mix matters because each jurisdiction brings different cost structures, regulatory environments, and currency exposures. For investors, this means AEM isn’t purely a Canada play or a developing-market play—it’s a globally diversified gold producer with a developed-world footprint.

Why this matters

Stockchase analysts specifically flag “low geopolitical risk in Canada” as a driver for AEM’s appeal—and with good reason: in a sector where operations in certain regions face expropriation risk or political instability, the Canadian base offers a stability cushion that competitors lacking it cannot match.

What this means for risk-adjusted returns is straightforward: AEM’s geographic diversification in stable jurisdictions reduces the tail-risk events that can devastate single-country miners.

What is the Agnico Eagle Mines market cap?

MarketBeat reports a current market capitalization of $82.18 billion for AEM, making it one of the larger gold producers globally (MarketBeat). At a recent stock price around $163.43, that implies roughly 503 million shares outstanding—consistent with the float you’d expect from a senior gold miner. With a $5.88 EPS (TTM) and a P/E of 27.79, the stock trades at a moderate premium to broader market multiples, justified for a growth-oriented miner with expanding production.

Current valuation metrics

The 52-week range of $75.17 to $187.50 shows how much ground the stock has covered (MarketBeat). Trading near the high end of that range means you’re buying after a significant run. For context, AEM has moved from below $80 to approaching $190 in the past year—a gain that outpaces many gold ETF products, but with the added volatility of an individual stock. The trailing P/E of 27.79 sits in line with other mid-tier gold miners; premium growers like Newmont or Franco-Nevola may trade higher on price-to-book or EV/EBITDA metrics.

P/E and volume

Average daily volume of 3.01 million shares provides ample liquidity for both retail and institutional investors to build or trim positions without significant market impact (MarketBeat). The dividend yield of 0.98% won’t move the needle for income investors, but Stockchase notes growing dividends alongside buybacks are expected uses of cash flow going forward (Stockchase). The yield is modest, but the capital appreciation potential appears to be where the bull case lives.

Upsides

  • Consensus BUY rating from 17+ analysts across multiple platforms
  • Recent price target increases from BofA ($300), Stifel (C$350), TD ($251)
  • Long-reserve-life assets and strong balance sheet
  • Expected share buybacks and growing dividend
  • Low geopolitical risk from Canadian-based operations
  • Global mine diversification across 4 countries

Downsides

  • Direct exposure to gold price volatility
  • Currently near 52-week high—paying premium for momentum
  • Technical overbought signals suggest potential short-term pause
  • Modest 0.98% dividend yield
  • Wide target price range ($122–$332) reflects sector uncertainty
  • Not a pure gold play—included merger complexity

“Agnico Eagle Mines has received a consensus rating of Buy.”

— MarketBeat Analysts, Consensus Aggregator

“An ABR of 1.89 approximates between Strong Buy and Buy.”

— Finviz, News Aggregator

Related reading: Max RRSP Contribution 2025: Limit, Rules & Calculator · 2025 Income Tax Calculator – Brackets, Rates and Estimator Guide

Gold enthusiasts tracking Agnico Eagle Mines may find value in comparing it to Equinox Gold stock, another key player with mines across the Americas.

Don't miss these

Frequently asked questions

What is the current price of Agnico Eagle Mines stock?

The stock trades under ticker AEM on both the TSX (Toronto Stock Exchange) and NYSE (New York Stock Exchange). Recent pricing put the stock around $163.43 on the NYSE, with corresponding CAD pricing on the TSX. Current price data updates in real-time on financial platforms.

How has Agnico Eagle stock performed recently?

AEM has moved from its 52-week low of $75.17 to trading near $187.50, representing significant gains over the past year. The 52-week range spans from $75.17 to $187.50, and the stock has been climbing alongside gold prices. Average daily volume runs approximately 3.01 million shares.

What do analysts say about Agnico Eagle stock?

The analyst consensus is BUY across the board. MarketBeat shows a rating score of 3.24 out of 4 with 11 buy ratings. Zacks ranks AEM as a #1 Strong Buy. Recent target increases include BofA ($300), Stifel Canada (C$350), and TD ($251), all issued in February 2026.

Is Agnico Eagle Mines a gold mining company?

Yes. Agnico Eagle Mines Limited is a gold exploration and production company. The company operates producing mines in Canada, Australia, Finland, and Mexico, with additional exploration activities in Europe, Latin America, and the United States. It merged with Kirkland Lake Gold in 2022, adding the high-grade Macassa mine.

Where does Agnico Eagle Mines operate?

Agnico Eagle has producing mines in Canada (multiple provinces including Ontario, Quebec, and Nunavut), Australia, Finland, and Mexico. The company conducts exploration activities extending into Europe, Latin America, and the United States. Canada is the primary operational base and home to the corporate headquarters.

What is the volume of Agnico Eagle stock trades?

Average daily trading volume sits around 3.01 million shares, according to MarketBeat data. This level of liquidity makes AEM accessible for both retail investors and institutions looking to build or exit positions without significant market impact.

Does Agnico Eagle pay dividends?

Yes. Agnico Eagle pays a dividend with a current yield of approximately 0.98%. Stockchase analysts note that the company has a growing dividend trajectory and is expected to pursue share buybacks alongside dividend payments, funded by strong cash flow from operations and the balance sheet.

For investors on the sidelines watching gold climb, AEM represents a way to play the commodity through a company with strong analyst backing and operational diversification. The analyst consensus is unambiguous—BUY—and recent target increases from some of the Street’s biggest names reinforce that view. The risk is gold itself: when gold corrects, miners correct harder. Investors who believe gold’s bull run has further to go should weigh whether the current entry point—near the 52-week high—appropriately reflects the upside potential AEM’s production profile and balance sheet can deliver.