Agnico Eagle Mines Limited (NYSE: AEM) is one of 61 public companies in the “Gold Mining” industry, but how does it contrast to its competitors? We will compare Agnico Eagle Mines Limited to similar businesses based on the strength of its dividends, analyst recommendations, risk, profitability, earnings, institutional ownership and valuation.

Volatility and Risk

Agnico Eagle Mines Limited has a beta of -0.72, indicating that its share price is 172% less volatile than the S&P 500. Comparatively, Agnico Eagle Mines Limited’s competitors have a beta of -0.13, indicating that their average share price is 113% less volatile than the S&P 500.

Profitability

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 -2,998.73% -8.62% -3.98%

Dividends

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 66.8% of their earnings in the form of a dividend. Agnico Eagle Mines Limited has increased its dividend for 5 consecutive years.

Institutional and Insider Ownership

59.1% of Agnico Eagle Mines Limited shares are owned by institutional investors. Comparatively, 43.8% 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 company is poised for long-term growth.

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 38.20
Agnico Eagle Mines Limited Competitors $2.41 billion -$32.21 million 4,741.06

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.

Analyst Recommendations

This is a breakdown of recent ratings and price targets for Agnico Eagle Mines Limited and its competitors, as reported by MarketBeat.

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 470 1827 2137 48 2.39

Agnico Eagle Mines Limited presently has a consensus price target of $54.93, indicating a potential upside of 22.91%. As a group, “Gold Mining” companies have a potential downside of 90.00%. Given Agnico Eagle Mines Limited’s stronger consensus rating and higher possible upside, analysts plainly believe Agnico Eagle Mines Limited is more favorable than its competitors.

Summary

Agnico Eagle Mines Limited beats its competitors on 9 of the 15 factors compared.

Agnico Eagle Mines Limited Company Profile

Agnico Eagle Mines Ltd is a Canada-based gold producer with mining operations in northwestern Quebec, northern Mexico, northern Finland and Nunavut, as well as exploration activities in Canada, Europe, Latin America and the United States. It operates through the business units: Northern Business, which consists of its operations in Canada and Finland, such as the LaRonde mine, the Lapa mine, the Goldex mine, the Meadowbank mine, the Meliadine project and the Malartic Mine in Canada, as well as the Kittila mine in Finland; Southern Business, which consists of its operations in Mexico, such as the Pinos Altos mine that includes the Creston Mascota deposit and the La India mine owned by its indirect subsidiary, as well as Exploration Group, which 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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