Agnico Eagle is a high-quality, wide-moat gold miner (41% margins, Piotroski 9/9) at 14.1x forward earnings, but momentum is weak after a high-volume selloff and the reward-to-risk of 1.2 at spot does not yet justify adding.
Thesis pillars
- Attractive Valuation With Upside→Stable
- Weak Momentum After Selloff→Stable
- Wide Moat High Margin Miner↓Deteriorating
- +2 more pillars — see the Why tab for full reasoning
Pillars as of Nov 1, 2026
Agnico Eagle Mines Limited (AEM) Stock Analysis
Range Bound setup · Sector Rotation edge
Basic Materials · Gold
Hold if already holding. Not a fresh buy at $183.45, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; 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
Hold if already holding. Not a fresh buy at $183.45, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Sector modifier (Basic Materials): -0.1. Chart setup: RSI 47 mid-range, Bollinger mid-band. Downgraded from BUY WAIT — price $183.45 has reached target $184.00. No upside to wait for. Score 6.3/10, moderate confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 98d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.
Recent developments
updated Nov 4, 2026Recent Developments — Agnico Eagle Mines Limited
Latest news
- NEWS Agnico Eagle (AEM) Stock May Be Fully Priced Following Strong Q3 Results - Simply Wall St — Simply Wall St Nov 4, 2026 positive
- NEWS Agnico Eagle Mines (AEM) Stock Forecast and Price Target 2026 - MarketBeat — MarketBeat Nov 2, 2026 positive
- NEWS Agnico Eagle Mines (AEM) Q3 Earnings and Revenues Beat Estimates - Yahoo Finance — Yahoo Finance Oct 28, 2026 positive
- NEWS Earnings Flash (AEM) Agnico Eagle Mines Limited Reports Q3 Revenue $3.6B, vs. FactSet Est of $3.56B - marketscreener.com — marketscreener.com Oct 28, 2026 positive
- NEWS Agnico-Eagle Mines Ltd. stock rises Wednesday, outperforms market - MarketWatch — MarketWatch Oct 28, 2026 positive
Latest item Nov 4, 2026 · Generated 2026-11-05T11:34:06Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
2 floor-breakers·1 ceiling hit
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $183.45, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Sector modifier (Basic Materials): -0.1. Chart setup: RSI 47 mid-range, Bollinger mid-band. Downgraded from BUY WAIT — price $183.45 has reached target $184.00. No upside to wait for. Analyst target $184.00 (+0.3%), stop $156.69 (−17.1%), A.R:R 0.0:1. Score 6.3/10, moderate confidence.
Analyst target: $184.00 (+0.3% upside). Analyst target $184.00 (+0.3%), stop $156.69 (−17.1%), A.R:R 0.0:1. Stop-loss: $156.69.
Analyst target reached - limited upside remaining; Sector modifier (Basic Materials): -0.1; Negative momentum.
Agnico Eagle Mines Limited trades at a P/E of 15.0 (forward 15.7). TrendMatrix value score: 7.2/10. Verdict: Hold.
20 analysts rate AEM, with a consensus score of 4.0/5. 14 analysts publish price targets averaging $211.
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.