Looking ahead, analysts are expecting more upside for AEM.
Agnico Eagle’s earnings and sales for the first quarter of 2025 surpassed the respective Zacks Consensus Estimate. It is focused on executing projects that are expected to provide additional growth in production and cash flows. It is advancing its key value drivers and pipeline projects. The Kittila expansion promises cost savings, while acquisitions like Hope Bay and the merger with Kirkland Lake Gold strengthen its market position. Merger with Kirkland Lake Gold established the new Agnico Eagle as the industry's highest-quality senior gold producer. Higher gold prices are also expected to drive its margins. Strategic diversification mitigates risks, supported by prudent debt management and maintaining financial flexibility.
The stock is up 6.18% over the past four weeks, and no earnings estimate has gone lower in the past two months, compared to 8 higher, for fiscal 2025. The consensus estimate has moved up as well.