07:31:39 EDT Tue 09 Jun 2026
Enter Symbol
or Name
USA
CA



Agnico Eagle Mines Ltd
Symbol AEM
Shares Issued 500,489,369
Close 2026-05-05 C$ 243.20
Market Cap C$ 121,719,014,541
Recent Sedar+ Documents

Globe says Agnico Eagle kept at "sector outperform"

2026-05-05 07:00 ET - In the News

The Globe and Mail reports in its Tuesday, May 5, edition that National Bank Financial analyst Shane Nagle continues to rate Agnico Eagle Mines "sector outperform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Nagle tweaked his share target ahead by $5 to $350. Analysts on average target the shares at $370.53. Mr. Nagle says in a note: "We continue to model production growth to 4.3 million ounces by 2034 to be confirmed by technical reports for Hope Bay (H1/26) and San Nicolas, overview of Canadian Malartic expansion opportunities in Q3/26 and approval of Detour Lake U/G and Upper Beaver in 2027. Our growth estimates are set to improve with the inclusion of recent acquisitions in Finland creating a pathway to become a 500 koz production hub within the next decade. Agnico Eagle finished Q1 with $2.91-billion (U.S.) in net cash and the company plans to target an expanded $2-billion (U.S.) NCIB. With the balance sheet in a strong net cash position, Agnico Eagle will continue to focus on returning cash to shareholders while accelerating the development of its organic growth portfolio providing incremental catalysts throughout the year."

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