Agnico Eagle Mines Limited (NYSE: AEM) is one of 68 public companies in the “Gold Mining” industry, but how does it contrast to its competitors? We will compare Agnico Eagle Mines Limited to similar companies based on the strength of its risk, profitability, valuation, dividends, analyst recommendations, earnings and institutional ownership.
Valuation & Earnings
This table compares Agnico Eagle Mines Limited and its competitors gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Agnico Eagle Mines Limited||$2.14 billion||$158.82 million||38.46|
|Agnico Eagle Mines Limited Competitors||$2.41 billion||-$32.21 million||165.68|
Agnico Eagle Mines Limited’s competitors have higher revenue, but lower earnings than Agnico Eagle Mines Limited. Agnico Eagle Mines Limited is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Agnico Eagle Mines Limited pays an annual dividend of $0.40 per share and has a dividend yield of 0.9%. Agnico Eagle Mines Limited pays out 34.2% of its earnings in the form of a dividend. As a group, “Gold Mining” companies pay a dividend yield of 0.9% and pay out 65.4% of their earnings in the form of a dividend. Agnico Eagle Mines Limited has increased its dividend for 5 consecutive years.
Institutional & Insider Ownership
58.0% of Agnico Eagle Mines Limited shares are owned by institutional investors. Comparatively, 43.6% of shares of all “Gold Mining” companies are owned by institutional investors. 0.5% of Agnico Eagle Mines Limited shares are owned by company insiders. Comparatively, 7.9% of shares of all “Gold Mining” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Volatility & Risk
Agnico Eagle Mines Limited has a beta of -0.72, indicating that its stock price is 172% less volatile than the S&P 500. Comparatively, Agnico Eagle Mines Limited’s competitors have a beta of -0.21, indicating that their average stock price is 121% less volatile than the S&P 500.
This is a summary of current ratings and target prices for Agnico Eagle Mines Limited and its competitors, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Agnico Eagle Mines Limited||0||3||5||0||2.63|
|Agnico Eagle Mines Limited Competitors||484||1842||2173||49||2.39|
Agnico Eagle Mines Limited currently has a consensus price target of $54.93, indicating a potential upside of 22.06%. As a group, “Gold Mining” companies have a potential upside of 48.36%. Given Agnico Eagle Mines Limited’s competitors higher possible upside, analysts plainly believe Agnico Eagle Mines Limited has less favorable growth aspects than its competitors.
This table compares Agnico Eagle Mines Limited and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Agnico Eagle Mines Limited||12.47%||5.61%||3.55%|
|Agnico Eagle Mines Limited Competitors||-2,700.76%||-9.25%||-4.38%|
Agnico Eagle Mines Limited beats its competitors on 8 of the 15 factors compared.
Agnico Eagle Mines Limited Company Profile
Agnico Eagle Mines Limited is a gold producer with mining operations in northwestern Quebec, northern Mexico, northern Finland and Nunavut and exploration activities in Canada, Europe, Latin America and the United States. The Company operates through three business units. The Northern Business consists of its operations in Canada and Finland. The Company’s Canadian properties include the LaRonde mine, the Lapa mine, the Goldex mine, the Meadowbank mine and the Meliadine project, and Canadian Malartic Mine. The operations in Finland include the Kittila mine. The Southern Business consists of its operations in Mexico. Its Pinos Altos mine includes the Creston Mascota deposit. The La India mine is owned by its indirect subsidiary. Its Exploration group focuses on the identification of new mineral reserves and mineral resources, and new development opportunities in gold producing regions. Its exploration activities are concentrated in Canada, Europe, Latin America and the United States.
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