Agnico Eagle Mines Ltd
AEMBuild a strategy around AEM
Agnico Eagle Mines Ltd AI Insights
Informational only. Not investment advice.Snapshot
- EPS 3Y CAGR of 75.9% vs industry median 19.4% - margin expansion driving outsized earnings growth despite mature revenue base[EPS Growth 3Y]
- Debt/equity of 0.01 with 2.4B cash vs 336M total debt - fortress balance sheet rare in capital-intensive mining[Debt to Equity]
- FCF TTM of 3.6B (34% of revenue) funds 1.6/share dividend at just 24% payout - substantial capacity for returns[Free Cash Flow TTM]
Watch Triggers
- Operating Margin TTM: Falls below 40% — Signals cost inflation or gold price weakness eroding structural advantage
- Free Cash Flow TTM: Drops below 2.5B — Would pressure dividend coverage and limit capital allocation flexibility
- Capital Expenditure TTM: Exceeds 3B — Rising capex without revenue growth indicates reserve depletion or cost overruns
Bull Case
Industry-leading profitability (49.6% op margin vs 0% median) with near-zero leverage creates asymmetric upside to gold prices
FCF yield of 4.3% with 7x dividend coverage enables aggressive buybacks or accretive M&A without dilution
Bear Case
P/B of 4.3x and P/S of 7.9x (vs industry median 6.1x) prices in elevated gold - reversion risk if prices normalize
Goodwill of 4.2B (18% of equity) from acquisitions - impairment risk if acquired assets underperform
Bull vs Bear Balance
AI-generated sentiment analysis based on fundamental metrics and market conditions.
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Forward Thesis
Operating leverage to sustain 15%+ ROE as gold prices remain elevated above all-in sustaining costs
- 49.6% operating margin TTM vs industry median 0%
- 2.2B annual capex maintaining production capacity
- Net cash position eliminates interest rate risk
Valuation Context
Caveats
Public Strategies Rankings
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AEM Fundamentals
| Metric | Value | YoY Growth | Industry Percentile |
|---|---|---|---|
$0 | — | ||
$0 | — | ||
0.00 | — | ||
$11.91B | +43.7% | — | |
$0.00 | — | ||
53.1% | +15.1% | — | |
37.5% | +14.6% | — | |
$4.26B | +100.4% | — | |
19.6% | +10.2% | — | |
Beta 5Y (Monthly) | unknown | — |
AEM Dividend History
2026
$1.80002025
$1.60002024
$1.60002023
$1.60002022
$1.60002021
$1.40002020
$0.95002019
$0.55002018
$0.44002017
$0.41002016
$0.36002015
$0.32002014
$0.32002013
$0.88002012
$0.80002011
$0.64002010
$0.18002009
$0.18002008
$0.18002007
$0.12002006
$0.03002005
$0.03002004
$0.03002003
$0.03002002
$0.02002001
$0.02002000
$0.0200AEM Stock Splits
AEM SEC Filings
| Filing Date | Report Date | Report Type | Filing Link |
|---|---|---|---|
02/12/26 | 12/31/25 | 6-K | |
03/19/26 | 12/31/25 | 40-F | |
10/29/25 | 09/30/25 | 6-K | |
10/31/25 | 09/30/25 | 6-K | |
07/30/25 | 06/30/25 | 6-K | |
04/24/25 | 03/31/25 | 6-K | |
02/27/25 | 12/31/24 | Unknown | |
10/30/24 | 09/30/24 | 6-K | |
07/31/24 | 06/30/24 | 6-K | |
04/25/24 | 03/31/24 | 6-K | |
03/25/24 | 12/31/23 | 40-F | |
10/25/23 | 09/30/23 | 6-K | |
07/26/23 | 06/30/23 | 6-K | |
04/27/23 | 03/31/23 | 6-K | |
03/27/23 | 12/31/22 | 40-F | |
10/28/22 | 09/30/22 | 6-K | |
07/27/22 | 06/30/22 | 6-K | |
04/28/22 | 03/31/22 | 6-K | |
03/25/22 | 12/31/21 | 40-F | |
10/28/21 | 09/30/21 | 6-K | |
07/28/21 | 06/30/21 | 6-K | |
05/03/21 | 03/31/21 | 6-K | |
03/26/21 | 12/31/20 | 40-F | |
10/28/20 | 09/30/20 | 6-K | |
10/28/21 | 09/30/20 | 6-K | |
07/31/20 | 06/30/20 | 6-K | |
04/30/20 | 03/31/20 | 6-K | |
03/27/20 | 12/31/19 | 6-K | |
10/24/19 | 09/30/19 | 6-K | |
07/26/19 | 06/30/19 | 6-K | |
04/26/19 | 03/31/19 | 6-K | |
03/26/19 | 12/31/18 | 40-F | |
10/26/18 | 09/30/18 | 6-K | |
07/27/18 | 06/30/18 | 6-K | |
04/30/18 | 03/31/18 | 6-K | |
03/23/18 | 12/31/17 | 40-F | |
10/26/17 | 09/30/17 | 6-K | |
07/28/17 | 06/30/17 | 6-K | |
04/28/17 | 03/31/17 | 6-K | |
03/27/17 | 12/31/16 | 40-F | |
11/01/16 | 09/30/16 | 6-K | |
07/28/16 | 06/30/16 | 6-K | |
04/29/16 | 03/31/16 | 6-K | |
03/24/16 | 12/31/15 | 40-F | |
10/30/15 | 09/30/15 | 6-K | |
08/12/15 | 06/30/15 | 6-K | |
05/12/15 | 03/31/15 | 6-K | |
03/26/15 | 12/31/14 | 40-F | |
11/13/14 | 09/30/14 | 6-K | |
08/11/14 | 06/30/14 | 6-K | |
05/12/14 | 03/31/14 | 6-K | |
03/26/14 | 12/31/13 | 40-F | |
11/08/13 | 09/30/13 | 6-K | |
08/09/13 | 06/30/13 | 6-K | |
05/10/13 | 03/31/13 | 6-K | |
03/28/13 | 12/31/12 | 20-F | |
11/05/12 | 09/30/12 | 6-K | |
08/08/12 | 06/30/12 | 6-K | |
05/08/12 | 03/31/12 | 6-K | |
03/29/12 | 12/31/11 | 20-F | |
11/09/11 | 09/30/11 | 6-K | |
08/12/11 | 06/30/11 | 6-K | |
05/12/11 | 03/31/11 | 6-K | |
03/28/11 | 12/31/10 | 20-F | |
11/12/10 | 09/30/10 | 6-K | |
08/12/10 | 06/30/10 | 6-K | |
05/13/10 | 03/31/10 | 6-K | |
03/26/10 | 12/31/09 | 20-F | |
11/12/09 | 09/30/09 | 6-K | |
07/30/09 | 06/30/09 | 6-K | |
05/14/09 | 03/31/09 | 6-K | |
03/31/09 | 12/31/08 | 20-F | |
09/30/08 | 09/30/08 | 6-K | |
06/30/08 | 06/30/08 | 6-K | |
03/31/08 | 03/31/08 | 6-K | |
03/28/08 | 12/31/07 | 20-F | |
09/30/07 | 09/30/07 | 6-K | |
06/30/07 | 06/30/07 | Unknown | -- |
03/31/07 | 03/31/07 | Unknown | -- |
03/30/07 | 12/31/06 | 20-F | |
09/30/06 | 09/30/06 | Unknown | -- |
06/30/06 | 06/30/06 | 6-K | |
03/31/06 | 03/31/06 | Unknown | -- |
03/28/06 | 12/31/05 | 20-F | |
09/30/05 | 09/30/05 | Unknown | -- |
06/30/05 | 06/30/05 | 6-K | |
03/31/05 | 03/31/05 | Unknown | -- |
04/01/05 | 12/31/04 | 20-F | |
09/30/04 | 09/30/04 | 6-K | |
06/30/04 | 06/30/04 | 6-K | |
03/31/04 | 03/31/04 | 6-K | |
05/18/04 | 12/31/03 | 20-F/A | |
09/30/03 | 09/30/03 | Unknown | -- |
06/30/03 | 06/30/03 | Unknown | -- |
03/31/03 | 03/31/03 | 6-K | |
05/20/03 | 12/31/02 | 20-F | |
09/30/02 | 09/30/02 | 6-K | |
06/30/02 | 06/30/02 | Unknown | -- |
03/31/02 | 03/31/02 | Unknown | -- |
05/13/02 | 12/31/01 | 20-F | |
09/30/01 | 09/30/01 | Unknown | -- |
06/30/01 | 06/30/01 | Unknown | -- |
03/31/01 | 03/31/01 | Unknown | -- |
12/31/00 | 12/31/00 | Unknown | -- |
09/30/00 | 09/30/00 | Unknown | -- |
06/30/00 | 06/30/00 | Unknown | -- |
03/31/00 | 03/31/00 | Unknown | -- |