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AEMAgnico Eagle Mines LimitedBuy Wait7.0·$177.01
Buy WaitModerate Confidence
Investment thesis

Agnico Eagle Mines presents a wide-moat, high-quality business with 39% margins, a Rule of 40 score in elite territory at 98, four consecutive earnings beats, and roughly 31% upside to the analyst-consensus price target — a pullback within a still-rising long-term trend and a dividend that may be running ahead of free cash flow are the primary near-term risks to monitor.

Thesis pillars

  • Compelling Valuation Relative To Growth↑Improving
  • Momentum Pullback In Uptrend↓Deteriorating
  • Wide Moat Elite Quality→Stable
  • +2 more pillars — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Agnico Eagle Mines Limited (AEM) Stock Analysis

Sector Rotation edge

Buy WaitGrowthQualityModerate Confidence

Basic Materials · Gold

Wait for pullback to $166.96. At $177.01 the A.R:R is 1.2:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $166.96 (Default 5pct Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Thin upside margin: 8.0%; Sector modifier (Basic Materials): -0.1.

Agnico Eagle Mines Limited, a gold mining company, engages in the exploration, development, and production of precious metals. It explores for gold, silver, copper, and zinc. The company's mines are located in Canada, Australia, Finland, and Mexico; and with exploration and... Read more

$177.01+8.0% A.UpsideScore 7.0/10#7 of 44 Gold
QualityF-score9 / 9FCF yield4.78%
IncomeYield0.97%(5y avg 1.74%)Payout14.54%sustainable
Entry $166.96(Default 5pct Sticky)Stop $155.27Target $191.24(analyst − 13%)A.R:R 1.2:1
Analyst target$219.82+24.2%14 analysts
$191.24our TP
$177.01price
$219.82mean
$87
$300

Wait for pullback to $166.96. At $177.01 the A.R:R is 1.2:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $166.96 (Default 5pct Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Thin upside margin: 8.0%; Sector modifier (Basic Materials): -0.1. Chart setup: No clear chart pattern; technical signals are mixed. Growth is cheap relative to earnings, but the technical setup has not yet produced a breakout above resistance (PEG 0.29, quality 9.1/10, growth 10.0/10). Score 7.0/10, moderate confidence.

Passes 4/7 gates (clean insider activity, no SEC red flags, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-10-15

Recent Developments — Agnico Eagle Mines Limited

Generated 2026-10-15T11:27:08Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Oct 28, 202613d to earnings· next earnings call

Thesis

Rewards
V7 flight-to-quality bonus: +0.5 (Q=9.1 in RISK_OFF)
Strong earnings beat streak (4/4)
Positive news sentiment (+0.67)
Risks
Thin upside margin: 8.0%
Sector modifier (Basic Materials): -0.1
Negative momentum

Key Metrics

P/E (TTM)15.9
P/E (Fwd)14.3
Mkt Cap$89.6B
EV/EBITDA8.5
Profit Mgn40.4%
ROE23.0%
Rev Growth35.0%
Beta0.64
Dividend0.97%
Rating analysts20

Quality Signals

Piotroski F9/9MoatWideCompounder✓

Options Flow

P/C0.90neutral
IV51%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker·2 ceiling hits

Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static

Macd
0.0
Obv
1.0
Ma Position
2.2
Vol Acceleration
3.0
Rsi
3.5
Volume
10.0
Volume distribution (falling OBV)Below 200-MA but MA still rising (+1.9%/30d) — pullback in uptrend, not confirmed weaknessVolume surge (2.0x avg) on selloff
GatesMomentum 3.3<4.5A.R:R 1.2 < 1.5@spotEARNINGS PROXIMITY 13d<=14d (soft)Insider activity: OKNo SEC red flagsSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Moderate
RSI
33 · Neutral
↓ 20D MA↓ 50D MA↓ 200D MAGOLDEN CROSSSupport $173.97Resistance $204.62

Price Targets

$155
$167
$191
A.Upside+8.0%
A.R:R1.2:1

Position Sizing

ConvictionHigh conviction
Suggested %0.8%
Max %1.7%
RegimeRisk-Off

Risk Alerts

! News modifier capped: WAIT cannot upgrade to NOW via sentiment alone
! momentum at 3.3 (below the engine's 4.5 threshold)
! asymmetry at 1.2 (below the engine's 1.5 threshold)@spot

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-10-28 (13d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is AEM stock a buy right now?

Wait for pullback to $166.96. At $177.01 the A.R:R is 1.2:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $166.96 (Default 5pct Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Thin upside margin: 8.0%; Sector modifier (Basic Materials): -0.1. Chart setup: No clear chart pattern; technical signals are mixed. Growth is cheap relative to earnings, but the technical setup has not yet produced a breakout above resistance (PEG 0.29, quality 9.1/10, growth 10.0/10). Target $191.24 (+8.0%), stop $155.27 (−14.0%), A.R:R 1.2:1. Score 7.0/10, moderate confidence.

What is the AEM stock price target?

Take-profit target: $191.24 (+8.0% upside). Target $191.24 (+8.0%), stop $155.27 (−14.0%), A.R:R 1.2:1. Stop-loss: $155.27.

What are the risks of investing in AEM?

Thin upside margin: 8.0%; Sector modifier (Basic Materials): -0.1; Negative momentum.

Is AEM overvalued or undervalued?

Agnico Eagle Mines Limited trades at a P/E of 15.9 (forward 14.3). TrendMatrix value score: 7.6/10. Verdict: Buy (Wait for Entry).

What do analysts say about AEM?

20 analysts cover AEM with a consensus score of 4.0/5. Average price target: $220.

What does Agnico Eagle Mines Limited do?Agnico Eagle Mines Limited, a gold mining company, engages in the exploration, development, and production of precious...

Agnico Eagle Mines Limited, a gold mining company, engages in the exploration, development, and production of precious metals. It explores for gold, silver, copper, and zinc. The company's mines are located in Canada, Australia, Finland, and Mexico; and with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States. Agnico Eagle Mines Limited was incorporated in 1953 and is headquartered in Toronto, Canada.

Related stocks: KGC (Kinross Gold Corporation) · GFI (Gold Fields Limited) · IAG (Iamgold Corporation) · HMY (Harmony Gold Mining Company Lim) · PAAS (Pan American Silver Corp.)
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