How to Buy Agnico Eagle Mines Stock
Agnico Eagle Mines Ltd
Agnico Eagle Mines is a gold company located in Ontario, Canada, which is part of the Basic Materials sector, and is traded under the ticker AEM on the NYSE exchange.
Agnico Eagle Mines stock last closed at $64.94, up 1.96% from the previous day, and has increased 15.31% in one year. It has overperformed other stocks in the Gold industry by 0.23 percentage points. Agnico Eagle Mines stock is currently +50.25% from its 52-week low of $43.22, and -0.84% from its 52-week high of $65.49.
As of Apr 25, 2024, there are 498.19M AEM shares outstanding. The market capitalization of AEM is $32.35B. In the past 24 hours, 4.57M AEM shares were traded.
How to Buy Agnico Eagle Mines Stock
Wondering how to invest in Agnico Eagle Mines stock? Here's how.
- Choose where to buy Agnico Eagle Mines stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Agnico Eagle Mines stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Pick your payment method and add your info.
- Research Agnico Eagle Mines stock: The Agnico Eagle Mines ticker symbol is AEM. Is Agnico Eagle Mines stock a good investment? Should you buy shares of AEM? How do AEM's underlying business fundamentals look? Do top analysts think Agnico Eagle Mines is a good buy? Why has AEM's stock price moved recently? (Hint: Our stock research tools can help you figure out if AEM is a good stock to buy).
- Place your AEM buy order: Decide if you will purchase AEM shares at the current market price or use a limit order to purchase AEM stock at a particular price.
- Get notifications regarding your AEM investment: Create a watchlist to monitor your new investment in Agnico Eagle Mines stock.
Step 1: Choose where to buy Agnico Eagle Mines stock
You need a brokerage account in order to access the NYSE market and buy AEM stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal info so you are able to invest in AEM today.
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Step 3: Deposit funds into your investment account
Now that you've finished signing up on app for stock, you can securely and quickly fund your account:
Check out this video walkthrough for more details depositing money into your new investment account.
Step 4: Research Agnico Eagle Mines stock
After you have selected the best place to buy Agnico Eagle Mines stock, it's very important to evaluate their stock before you buy, so you truly wrap your head around the risk and opportunity.
Agnico Eagle Mines quick stats
Agnico Eagle Mines Zen Score
WallStreetZen was built to help everyday investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on AEM's stock page.
Is AEM stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge AEM's true value.
Using relative valuations measures:
- AEM may be overvalued based on its P/E ratio of 71.36x, relative to Gold industry P/E ratio of 17.57x
- AEM may be undervalued based on its P/B ratio of 1.65x, relative to Gold industry P/B ratio of 1.75x
- AEM could be undervalued based on its PEG ratio of 0.85x
You can access additional valuation research on AEM's stock here.
AEM Financials at a glance
Passed Financial Due Diligence Checks:
- Total AEM debt is lower than 5 years ago, relative to shareholder equity.
- AEM's operating cash flow of $2.74B allows it to safely service it's debt of $1.99B.
- AEM earnings of $1.05B is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the AEM balance sheet.
Failed Financial Due Diligence Checks:
- AEM profit margin has gone down from 40% to 6.8% in the past year.
- AEM has a relatively high debt to equity ratio of 0.47.
- There are more long-term liabilities than short-term assets on the AEM balance sheet.
Is it a good time to buy AEM stock, according to Wall Street analysts?
Out of 1 Equities analysts who research AEM, the consensus analyst rating on Agnico Eagle Mines is a Hold
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Agnico Eagle Mines stock forecast page.
AEM Technical Indicators
AEM Growth Numbers
Last year, AEM earnings were $471.61M. During the last four year, AEM's earnings have increased by -15.08% per year. This was slower than the Gold industry average of 6.69%.
Last year, AEM revenue was $6.95B. During the last five year, AEM's revenue has increased by 26.5% per year. This was faster than the Gold industry average of 16.01%.
Dig into AEM's earnings and revenue performance here.
Are AEM insiders buying or selling the stock?
Over the last year, executives and large shareholders at AEM have not bought or sold any shares.
Get more info about who owns AEM shares here.
Does AEM provide a stable income stream?
Agnico Eagle Mines pays a dividend of 2.46%, compared to the Gold industry's average dividend yield of 2.08%. If you owned $1,000 worth of AEM stock, you would have been paid $24.64 in the past year.
Agnico Eagle Mines dividend payments have consistently grown over the past decade and have remained stable.
Get more data about Agnico Eagle Mines dividend yield and history here.
AEM Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Place your AEM buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount, use a limit order.
Click the Open button and your broker will execute the order.
If you need more help buying stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your AEM investment
Now that you own some AEM stock, you'll want to stay up-to-date on your company.
Put AEM on a watchlist to get notified of important updates regarding your AEM stock.
AEM Feed
How to Buy Stock in Agnico Eagle Mines
To reiterate, here are the 6 steps to buy Agnico Eagle Mines stock:
- Choose where to buy Agnico Eagle Mines stock
- Create your brokerage account
- Deposit funds into your investment account
- Research Agnico Eagle Mines stock
- Place your AEM buy order
- Get notifications regarding your AEM investment
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Agnico Eagle Mines, get started below.
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