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Is this Large Market Cap Stock target price reasonable for Agnico Eagle Mines Limited (NYSE:AEM)?

The company in question is, Agnico Eagle Mines Limited (NYSE:AEM) currently with a stock price of 57.78 (0.84% today). The market cap for Agnico Eagle Mines Limited is 12858.12, and is in the sector Basic Materials, and Gold industry. The target price for Agnico Eagle Mines Limited is 58.16. Currently Agnico Eagle Mines Limited is trading with a P/E of 397.92, and a forward P/E of 48.07. Average volume for Agnico Eagle Mines Limited is 2105.95 and so far today it is 650429.

Performance in the last year for Agnico Eagle Mines Limited has been 135.47%. For EPS growth, Agnico Eagle Mines Limited has seen a growth of -73.20%, and is looking to grow in the next year to 81.98%. More long term stats show that EPS growth has been -43.70% over the last five years and could be 38.30% for the next five years. Agnico Eagle Mines Limited has seen sales growth quarter over quarter at 5.40%, with EPS growth quarter over quarter at 81.30%. The 20-day simple moving average is 5.77%, with the 200-day simple moving average coming to 46.61%.

Since the IPO date for Agnico Eagle Mines Limited on the 9/7/1984, Agnico Eagle Mines Limited has seen performance year to date to be 118.92%. With Agnico Eagle Mines Limited trading at 57.78, the dividend yield is 0.70%, and the EPS is 0.14.

So could Agnico Eagle Mines Limited, be undervalued? Well as said before P/E is 397.92. The PEG is 10.39, P/S is 6.37 and the P/B is at 2.91. The P/cash is 22.99, with P/free cash flow at 107.33.

Agnico Eagle Mines Limited ability to deal with debt shows that the current ratio is 2.9, and the quick ratio is 1.8. This is with long term debt/equity at 0.24, and total debt/equity at 0.28.

In terms of margins, Agnico Eagle Mines Limited has a gross margin of 51.30%, an operating margin of 8.70% and a profit margin of 1.60%.Payout ratio for Agnico Eagle Mines Limited is 218.40%. Return on assets come to 0.50% with return on investment coming to 1.90%.

Insider ownership for Agnico Eagle Mines Limited, is at 0.20% and institutional ownership comes to 78.10%. Outstanding shares are at 224.4. While shares float is 223.95. The float short is currently 2.27%, and short ratio is 2.41.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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