Home / Stocks / AEM

Agnico Eagle Mines Limited (AEM, Gold mining) Stock Valuation & Fair Value

Weak on forward returns

Agnico Eagle Mines Limited (AEM, Gold mining) trades at a current P/E of 17.2, about 62% below its historical normal valuation, with a forward growth estimate of 4.3% and a PEG of 3.97. Analysts' one-year estimates have been hit 18% of the time. Priced at its historical normal P/E of 44.9 on the same blended earnings, the 2026-11-06 close of $191.57 corresponds to about $500 a share. This is a valuation reference, not a price target.

How to read these numbers: the PEG ratio and current P/E versus normal P/E.

DATA AS OF 2026-11-07
Current P/E
17.2
Normal P/E
44.9
PEG
3.97
Fwd growth
4.3%
Div yield
0.9%
RSI (14)
56.9
Neutral
Technical context
  • Price $191.57 at the Nov 6 close, 5.8% above the 20-day average ($181.09) and 1.4% above the 50-day ($188.99).
  • RSI (14) at 56.9.
  • 52-week range $136.04 to $251.01: the price is 23.7% below the high and 40.8% above the low.

The Street vs SeerForecast

Wall Street's mean price target for AEM is $211.49 across 14 analysts, 10.4% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: weak on forward returns. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from weak on forward returns (2026-09-19) to mixed on our tests (2026-11-02).

Current P/E and rating by weekCurrent P/E moved from 18.7 to 15.0 between 2026-09-18 and 2026-10-30, against a normal P/E of 44.9, with 1 rating change over 7 recorded weeks.2026-09-18: P/E 18.7, Weak on forward returns, recalculated for the week of 2026-09-192026-09-18: P/E 18.7, Weak on forward returns, recorded live 2026-09-212026-09-25: P/E 18.1, Weak on forward returns, recalculated for the week of 2026-09-262026-09-25: P/E 18.1, Weak on forward returns, recorded live 2026-09-282026-10-02: P/E 17.0, Mixed on our tests, recalculated for the week of 2026-10-032026-10-02: P/E 17.0, Mixed on our tests, recorded live 2026-10-052026-10-09: P/E 17.5, Mixed on our tests, recalculated for the week of 2026-10-102026-10-09: P/E 17.5, Mixed on our tests, recorded live 2026-10-122026-10-16: P/E 17.4, Mixed on our tests, recalculated for the week of 2026-10-172026-10-16: P/E 17.4, Mixed on our tests, recorded live 2026-10-192026-10-23: P/E 15.9, Mixed on our tests, recalculated for the week of 2026-10-242026-10-23: P/E 15.9, Mixed on our tests, recorded live 2026-10-262026-10-30: P/E 15.0, Mixed on our tests, recalculated for the week of 2026-10-312026-10-30: P/E 15.0, Mixed on our tests, recorded live 2026-11-0220.030.040.0Sep 18Sep 28Oct 9Oct 20Oct 30Normal P/E 44.9
Mixed on our testsWeak on forward returns

Not every point was recorded live. Points marked recalculated are worked out from the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekCurrent P/EPremium to normal P/ERating
2026-09-19P/E 18.7-58%Weak on forward returns (recalculated)
2026-10-03P/E 17.0-62%Mixed on our tests (recalculated)
2026-10-31P/E 15.0-67%Mixed on our tests (recalculated)
2026-11-02P/E 15.0-67%Mixed on our tests ← now
Show all 14 readings
WeekCurrent P/EPremium to normal P/ERating
2026-09-19P/E 18.7-58%Weak on forward returns (recalculated)
2026-09-21P/E 18.7-58%Weak on forward returns
2026-09-26P/E 18.1-60%Weak on forward returns (recalculated)
2026-09-28P/E 18.1-60%Weak on forward returns
2026-10-03P/E 17.0-62%Mixed on our tests (recalculated)
2026-10-05P/E 17.0-62%Mixed on our tests
2026-10-10P/E 17.5-61%Mixed on our tests (recalculated)
2026-10-12P/E 17.5-61%Mixed on our tests
2026-10-17P/E 17.4-61%Mixed on our tests (recalculated)
2026-10-19P/E 17.4-61%Mixed on our tests
2026-10-24P/E 15.9-65%Mixed on our tests (recalculated)
2026-10-26P/E 15.9-65%Mixed on our tests
2026-10-31P/E 15.0-67%Mixed on our tests (recalculated)
2026-11-02P/E 15.0-67%Mixed on our tests ← now

Frequently asked questions

Is Agnico Eagle Mines Limited stock overvalued?

At a current P/E of 17.2 versus its historical normal P/E of 44.9, Agnico Eagle Mines Limited trades about 62% below its typical valuation, with a PEG of 3.97 on 4.3% forward growth. tickerseer currently rates it weak on forward returns.

What is Agnico Eagle Mines Limited's fair value and PEG?

Agnico Eagle Mines Limited trades at a current P/E of 17.2 against a historical normal P/E of 44.9, a PEG of 3.97, and a forward growth estimate of 4.3%. Priced at its historical normal P/E of 44.9 on the same blended earnings, the 2026-11-06 close of $191.57 corresponds to about $500 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Agnico Eagle Mines Limited changed?

tickerseer's rating moved from weak on forward returns (2026-09-19) to mixed on our tests (2026-11-02).

What is the analyst price target for Agnico Eagle Mines Limited?

The mean Wall Street price target for Agnico Eagle Mines Limited is $211.49 across 14 analysts, 10.4% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Gold mining. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and an AI research note where we have one. Options setups and metric history are part of the paid plans.

See the full analysis →🔔 Track AEM free: valuation & earnings alerts

Get the free weekly earnings preview

One email each Monday with the week's named earnings setups, the reasoning, and what settled last week. Strikes and sizing stay in Premium.

It's free, and you can unsubscribe any time. We also send a short product update once a month. Educational content, not investment advice.