An Examination Of Agnico Eagle Mines Limited (NYSE:AEM)

Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on Agnico Eagle Mines Limited (NYSE:AEM) due to its excellent fundamentals in more than one area. AEM is a company with robust financial health as well as a buoyant growth outlook. Below, I’ve touched on some key aspects you should know on a high level. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Agnico Eagle Mines here.

Reasonable growth potential with adequate balance sheet

AEM is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This suggests prudent control over cash and cost by management, which is a crucial insight into the health of the company. AEM appears to have made good use of debt, producing operating cash levels of 0.4x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.

NYSE:AEM Future Profit October 6th 18

Next Steps:

For Agnico Eagle Mines, I’ve put together three relevant aspects you should further research:

1. Historical Performance: What has AEM’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.

2. Valuation: What is AEM worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether AEM is currently mispriced by the market.

3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of AEM? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.