For many traders, how a lot a inventory’s worth modifications over time is essential. Not solely can it affect your funding portfolio, however it might probably additionally enable you to evaluate funding outcomes throughout sectors and industries.
The concern of lacking out, or FOMO, additionally performs a consider investing, particularly with specific tech giants, in addition to fashionable consumer-facing shares.
What should you’d invested in Agnico Eagle Mines (AEM) ten years in the past? It could not have been simple to carry on to AEM for all that point, however should you did, how a lot would your funding be price right now?
Agnico Eagle Mines’ Enterprise In-Depth
With that in thoughts, let’s check out Agnico Eagle Mines’ predominant enterprise drivers.
Toronto, Canada-based Agnico Eagle Mines Restricted is a gold producer with mining operations in Canada, Mexico and Finland, and exploration actions in Canada, Europe, Latin America and america. It efficiently accomplished its merger with Kirkland Lake Gold in February 2022.
Agnico Eagle’s LaRonde mine in Quebec is considered one of Canada’s largest working gold mines by gold reserves and has supplied the corporate’s basis for home and worldwide enlargement. The corporate produced 3,485,336 ounces of gold in 2024. Its confirmed and possible gold reserves (web of manufacturing) totaled 1,277 million tons on the finish of 2024. The corporate’s measured and indicated mineral sources decreased 2.3% in 2024.
Agnico Eagle operates by way of two broader segments: Northern Enterprise (97% of 2024 manufacturing) and Southern Enterprise (3%).
Northern Enterprise embrace the 100%-owned LaRonde and Goldex mines, and 100% curiosity within the Canadian Malartic mine, all based mostly in Quebec, in addition to the 100%-owned Meadowbank and Meliadine mines in Nunavut in northern Canada, and the 100%-owned Kittila mine in Lapland in northern Finland.
Southern Enterprise consists of the 100%-owned Pinos Altos mine and Creston Mascota satellite tv for pc mine, each in Chihuahua in northern Mexico in addition to the 100%-owned La India mine in Sonora in northern Mexico.
On Apr 16, 2014, Agnico Eagle and Yamana Gold Inc. (AUY) entered into an settlement to collectively purchase 100% issued and excellent frequent shares of Osisko Mining Company for a complete consideration of roughly C$3.9 billion, or C$8.15 per share ($3.55 billion or $7.43 per share). The acquisition closed in June 2014. Underneath the settlement, Agnico Eagle and Yamana acquired 50% of Osisko, and arrange a joint committee to function the Canadian Malartic Mine (“CMC”) in Quebec.
In March 2018, Agnico Eagle acquired Yamana’s 50% oblique curiosity within the Canadian exploration property of CMC, together with the Hammond Reef and Kirkland Lake gold initiatives. The corporate now has 100% possession of the CMC property.
Backside Line
Placing collectively a profitable funding portfolio takes a mix of analysis, persistence, and just a little little bit of threat. For Agnico Eagle Mines, should you purchased shares a decade in the past, you are probably feeling actually good about your funding right now.
A $1000 funding made in October 2015 can be price $6,657.19, or a acquire of 565.72%, as of October 1, 2025, in keeping with our calculations. This return excludes dividends however consists of worth appreciation.
Evaluate this to the S&P 500’s rally of 248.35% and gold’s return of 233.06% over the identical time-frame.
Going ahead, analysts expect extra upside for AEM.
Earnings estimates forAgnico Eagle for the third quarter have been going up over the previous month.Agnico Eagle is concentrated on executing initiatives which can be anticipated to supply extra manufacturing development. The Kittila enlargement guarantees price financial savings, whereas acquisitions like Hope Bay and the merger with Kirkland Lake Gold strengthen its market place. Merger with Kirkland Lake Gold established the brand new Agnico Eagle because the business’s highest-quality senior gold producer. Greater gold costs are additionally anticipated to drive its margins. Strategic diversification mitigates dangers, supported by prudent debt administration and sustaining monetary flexibility. Nonetheless, the corporate faces rising manufacturing prices and inflationary pressures that might affect profitability. Excessive capital expenditures may additionally constrain free money stream era.
The inventory has jumped 14.09% over the previous 4 weeks. Moreover, no earnings estimate has gone decrease up to now two months, in comparison with 5 greater, for fiscal 2025; the consensus estimate has moved up as nicely.
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Agnico Eagle Mines Restricted (AEM) : Free Inventory Evaluation Report
This text initially printed on Zacks Funding Analysis (zacks.com).
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
