Agnico Eagle Mines Limited $AEM Stock Sold by Heathbridge Capital Management Ltd.

Heathbridge Capital Management Ltd. trimmed its position in shares of Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) by 13.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 80,335 shares of the mining company’s stock after selling 12,575 shares during the period. Agnico Eagle Mines accounts for approximately 4.9% of Heathbridge Capital Management Ltd.’s investment portfolio, making the stock its 8th biggest position. Heathbridge Capital Management Ltd.’s holdings in Agnico Eagle Mines were worth $14,708,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AEM. QRG Capital Management Inc. lifted its stake in Agnico Eagle Mines by 4.1% in the second quarter. QRG Capital Management Inc. now owns 1,460 shares of the mining company’s stock valued at $226,000 after acquiring an additional 58 shares during the last quarter. Avidian Wealth Enterprises LLC increased its stake in shares of Agnico Eagle Mines by 1.5% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 4,362 shares of the mining company’s stock worth $800,000 after purchasing an additional 63 shares during the last quarter. Evergreen Capital Management LLC raised its holdings in shares of Agnico Eagle Mines by 0.7% in the 3rd quarter. Evergreen Capital Management LLC now owns 9,933 shares of the mining company’s stock valued at $1,820,000 after purchasing an additional 71 shares during the period. Aries Wealth Management raised its holdings in shares of Agnico Eagle Mines by 1.4% in the 3rd quarter. Aries Wealth Management now owns 5,620 shares of the mining company’s stock valued at $1,030,000 after purchasing an additional 80 shares during the period. Finally, Quadrant Capital Group LLC raised its holdings in shares of Agnico Eagle Mines by 0.9% in the 3rd quarter. Quadrant Capital Group LLC now owns 10,287 shares of the mining company’s stock valued at $1,909,000 after purchasing an additional 93 shares during the period. 68.34% of the stock is owned by institutional investors.

Agnico Eagle Mines Price Performance

Agnico Eagle Mines stock opened at $167.16 on Wednesday. The company has a market capitalization of $84.74 billion, a price-to-earnings ratio of 13.63, a PEG ratio of 2.53 and a beta of 0.69. The company has a current ratio of 2.75, a quick ratio of 1.90 and a debt-to-equity ratio of 0.01. Agnico Eagle Mines Limited has a 12 month low of $134.38 and a 12 month high of $255.24. The stock’s 50 day moving average is $190.78 and its 200-day moving average is $189.18.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last released its quarterly earnings results on Wednesday, October 28th. The mining company reported $2.62 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.15. The business had revenue of $3.54 billion during the quarter, compared to analysts’ expectations of $3.51 billion. Agnico Eagle Mines had a return on equity of 21.68% and a net margin of 41.01%. The firm’s revenue for the quarter was up 17.1% compared to the same quarter last year. During the same period last year, the firm posted $2.10 EPS. Equities research analysts expect that Agnico Eagle Mines Limited will post 11.42 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on AEM. Zacks Research upgraded shares of Agnico Eagle Mines from a “strong sell” rating to a “hold” rating in a research note on Monday, September 7th. Scotiabank lowered their price target on Agnico Eagle Mines from $278.00 to $260.00 and set a “sector outperform” rating on the stock in a research report on Tuesday, July 14th. JPMorgan Chase & Co. upped their price objective on Agnico Eagle Mines from $190.00 to $193.00 and gave the company a “neutral” rating in a research note on Friday, October 30th. Canadian Imperial Bank of Commerce set a $239.00 price objective on Agnico Eagle Mines in a research report on Friday, October 16th. Finally, Bank of America reduced their target price on Agnico Eagle Mines from $302.00 to $240.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. Thirteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $227.00.

Trending Headlines about Agnico Eagle Mines

Here are the key news stories impacting Agnico Eagle Mines this week:

• Positive Sentiment: Q3 2026 earnings exceeded expectations, with higher gold prices supporting revenue growth despite lower production and rising costs. AEM Q3 Earnings Beat Estimates on Higher Gold Prices
• Positive Sentiment: The company maintained its 2026 outlook following the strong quarter, providing reassurance that its annual expectations remain intact. Agnico Eagle Mines stock holds 2026 outlook after strong Q3
• Positive Sentiment: Freedom Broker upgraded AEM from “hold” to “buy” and set a $212 price target, signaling increased optimism about the shares. Freedom Broker Upgrades Agnico-Eagle Mines Ltd. to Buy
• Neutral Sentiment: Barclays trimmed its price target to $215 from $218 but retained an “overweight” rating, suggesting continued confidence while modestly lowering its valuation view.
• Negative Sentiment: Lower production and rising costs are potential headwinds, meaning the earnings beat depended substantially on favorable gold prices.

Agnico Eagle Mines Profile

Agnico Eagle Mines Limited (NYSE:AEM) is a Canadian gold mining company engaged in the exploration, development and production of gold, as well as related activities such as mineral processing and mine-site reclamation. The company’s principal product is gold, with silver and other byproducts also recovered from certain operations.

Founded in 1957 through the merger of Agnico Mines and Eagle Mines, Agnico Eagle has grown into one of the world’s largest gold producers. Its operating portfolio is concentrated in established mining regions, including the Canadian provinces of Ontario and Quebec, Nunavut in northern Canada, and Finland.