Agnico Eagle Mines Limited (NYSE:AEM) Short Interest Down 23.0% in March

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) was the target of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 4,382,180 shares, a drop of 23.0% from the February 26th total of 5,691,688 shares. Based on an average daily trading volume, of 2,596,159 shares, the short-interest ratio is currently 1.7 days. Approximately 0.9% of the company’s shares are sold short.

Agnico Eagle Mines Stock Down 1.0%

Agnico Eagle Mines stock traded down $1.98 during midday trading on Monday, reaching $191.42. The stock had a trading volume of 2,441,366 shares, compared to its average volume of 3,192,303. The company has a fifty day moving average price of $212.68 and a two-hundred day moving average price of $184.91. Agnico Eagle Mines has a 12 month low of $94.77 and a 12 month high of $255.24. The company has a current ratio of 2.02, a quick ratio of 1.33 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $95.91 billion, a P/E ratio of 21.56 and a beta of 0.61.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last announced its quarterly earnings results on Thursday, February 12th. The mining company reported $2.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.56 by $0.13. Agnico Eagle Mines had a return on equity of 18.09% and a net margin of 37.47%.The business had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.40 billion. During the same quarter in the prior year, the company earned $1.26 earnings per share. The company’s quarterly revenue was up 60.3% on a year-over-year basis. As a group, equities analysts expect that Agnico Eagle Mines will post 4.63 EPS for the current fiscal year.

Agnico Eagle Mines Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were issued a $0.45 dividend. The ex-dividend date was Monday, March 2nd. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.9%. This is an increase from Agnico Eagle Mines’s previous quarterly dividend of $0.40. Agnico Eagle Mines’s dividend payout ratio (DPR) is 20.27%.

Key Stories Impacting Agnico Eagle Mines

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

• Positive Sentiment: AEM agreed to a multi-year strategic alliance and equity investment in Cascadia Minerals to pursue gold‑copper targets in Yukon’s Stikine Terrane, expanding its exploration pipeline and regional footprint. This adds optionality for future high-value discoveries. AGNICO EAGLE ANNOUNCES FINANCING AND STRATEGIC ALLIANCE WITH CASCADIA MINERALS LTD.
• Positive Sentiment: Transaction details: Agnico agreed to purchase Cascadia units (≈C$5.02M under a private placement) and to invest about C$7.6M overall in the partnership — a relatively modest, non‑dilutive way to gain exposure to exploration upside. Agnico Eagle Takes Strategic Stake in Cascadia and Expands Yukon Exploration Alliance
• Neutral Sentiment: AEM set its Q1 2026 results release for April 30 (after market close) and will hold its hybrid AGM on May 1 — an event window that could produce volatility depending on results/guidance. AGNICO EAGLE PROVIDES NOTICE OF RELEASE OF FIRST QUARTER 2026 RESULTS, CONFERENCE CALL AND ANNUAL MEETING
• Negative Sentiment: UBS lowered its price target on AEM to $210, signaling reduced upside from that broker and potentially pressuring sentiment among institutional holders. UBS Group Cuts Agnico Eagle Mines (NYSE:AEM) Price Target to $210.00
• Negative Sentiment: Erste Group downgraded AEM to Hold and warned that a gold price sell‑off could compress margins — a thematic risk for all gold producers that raises near‑term earnings sensitivity. Erste Group Warns Gold Sell-Off Could Rattle Agnico Eagle Mines Limited (AEM) Margins
• Positive Sentiment: Separately, coverage noted an optimistic earnings outlook from Erste for AEM’s earnings, which supports the view that operational performance could remain solid if metal prices hold. Erste Group Bank Issues Optimistic Forecast for AEM Earnings

Institutional Trading of Agnico Eagle Mines

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Norges Bank acquired a new position in shares of Agnico Eagle Mines during the fourth quarter valued at about $1,367,783,000. Capital World Investors lifted its position in Agnico Eagle Mines by 20.0% in the 3rd quarter. Capital World Investors now owns 20,765,804 shares of the mining company’s stock valued at $3,497,470,000 after acquiring an additional 3,462,968 shares in the last quarter. Van ECK Associates Corp lifted its position in Agnico Eagle Mines by 21.6% in the 4th quarter. Van ECK Associates Corp now owns 17,225,477 shares of the mining company’s stock valued at $2,920,258,000 after acquiring an additional 3,062,705 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Agnico Eagle Mines by 38.8% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 8,296,796 shares of the mining company’s stock valued at $987,398,000 after purchasing an additional 2,319,131 shares during the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in Agnico Eagle Mines by 48.3% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 4,528,022 shares of the mining company’s stock worth $538,506,000 after purchasing an additional 1,474,385 shares in the last quarter. Institutional investors own 68.34% of the company’s stock.

Analysts Set New Price Targets

AEM has been the topic of a number of research analyst reports. Canadian Imperial Bank of Commerce set a $296.00 price target on shares of Agnico Eagle Mines and gave the company an “outperform” rating in a research report on Wednesday, February 4th. TD Securities lifted their price objective on Agnico Eagle Mines from $241.00 to $251.00 and gave the stock a “buy” rating in a research report on Tuesday, March 3rd. Weiss Ratings lowered Agnico Eagle Mines from a “buy (a-)” rating to a “buy (b)” rating in a research report on Monday, January 12th. UBS Group decreased their target price on Agnico Eagle Mines from $240.00 to $210.00 and set a “neutral” rating for the company in a research note on Friday. Finally, JPMorgan Chase & Co. lowered their target price on Agnico Eagle Mines from $248.00 to $235.00 and set a “neutral” rating for the company in a report on Wednesday, February 18th. Three research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Agnico Eagle Mines has an average rating of “Moderate Buy” and a consensus target price of $232.18.

Agnico Eagle Mines Company Profile

Agnico Eagle Mines Limited (NYSE: AEM) is a Canadian-based senior gold producer headquartered in Toronto, Ontario. The company is principally engaged in the exploration, development, production and reclamation of gold-bearing properties. Agnico Eagle pursues both greenfield and brownfield exploration to expand its resource base and operates a portfolio of producing mines and development projects to generate long-life gold production.

Its core business activities span the full mining lifecycle: grassroots and advanced-stage exploration, prefeasibility and feasibility studies, mine construction, underground and open-pit mining, ore processing and metal recovery, and post-mining reclamation and closure.