About Agnico Eagle Mines Limited (AEM)
Agnico Eagle Mines Limited is a Gold company operating in the Basic Materials sector. The company is headquartered in Toronto, Canada. AEM has been publicly traded since 1995, giving it 31+ years of trading history.
Agnico Eagle Mines Limited (AEM) has been publicly traded since 1995, making it a 31-year-old public company. It operates in the Gold industry within the Basic Materials sector. The company is headquartered in Toronto, Canada. With a market capitalization of C$143 billion, AEM is a large established company.
AEM trades on the Toronto Stock Exchange and is classified as a large-cap-cap stock with a market capitalization of approximately C$143 billion.
Key Statistics
- Current Price
- C$284.98
- Market Cap
- C$142.58B
- 52-Week High
- C$348.94
- 52-Week Low
- C$135.40
- Sector
- Basic Materials
- Industry
- Gold
AEM Investment Performance
AEM has gained 22.6% year-to-date in 2026. Over the past 5 years, a C$1,000 investment in AEM would have grown to C$4,428, representing a 342.8% total return. Since its IPO in 1995, a C$1,000 investment would now be worth C$29,600.
C$1,000 Invested in Agnico Eagle Mines Limited (AEM)
How much would C$1,000 invested in AEM be worth today?
What would C$1,000 invested in AEM 1 year ago be worth today?
A C$1,000 investment in Agnico Eagle Mines Limited (AEM) in 2025 would be worth C$1,847 as of March 2026, representing a +84.7% total return.
What would C$1,000 invested in AEM 3 years ago be worth today?
A C$1,000 investment in Agnico Eagle Mines Limited (AEM) in 2023 would be worth C$4,402 as of March 2026, representing a +340.2% total return.
What would C$1,000 invested in AEM 5 years ago be worth today?
A C$1,000 investment in Agnico Eagle Mines Limited (AEM) in 2021 would be worth C$4,428 as of March 2026, representing a +342.8% total return.
What would C$1,000 invested in AEM 10 years ago be worth today?
A C$1,000 investment in Agnico Eagle Mines Limited (AEM) in 2016 would be worth C$7,259 as of March 2026, representing a +625.9% total return.
What would C$1,000 invested in AEM at IPO be worth today?
A C$1,000 investment in Agnico Eagle Mines Limited (AEM) at IPO would be worth C$29,600 as of March 2026, representing a +2860.0% total return.
Monthly Returns Heatmap
Over the past 31+ years (374 months), Agnico Eagle Mines Limited (AEM) has averaged a monthly return of +1.76% with a median return of +1.41%. The stock had 204 positive months (55%) and 168 negative months (45%). The best month in AEM's history was September 1998 with a +50.6% return, while the worst was October 2008 at -42.8%. Historically, January tends to be the strongest month (averaging +6.3%), and October the weakest (-3.3%).
AEM's longest winning streak was 9 consecutive months of gains, while its longest losing streak was 7 consecutive months of losses. The best full year was 2006 with a cumulative return of +85.8%, and the worst was 1997 at -73.5%.
Annual Returns
Over 31 years of trading history, Agnico Eagle Mines Limited (AEM) has delivered an average annual return of +18.25% with a median return of +13.52%. The compound annual growth rate (CAGR) is +10.49%. The stock posted gains in 22 years (71%) and losses in 9 years (29%).
AEM's best year was 2025 with a +109.61% gain, while the worst was 1997 at -60.21%. The longest streak of consecutive positive years was 5, and the longest losing streak was 2 years. AEM achieved double-digit gains (10%+) in 17 years. It suffered double-digit losses in 7 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | +22.65% | C$232.34 | C$284.98 |
| 2025 | +109.61% | C$110.84 | C$232.34 |
| 2024 | +58.54% | C$69.92 | C$110.84 |
| 2023 | +6.66% | C$65.55 | C$69.92 |
| 2022 | +8.18% | C$60.60 | C$65.55 |
| 2021 | -23.19% | C$78.89 | C$60.60 |
| 2020 | +13.71% | C$69.38 | C$78.89 |
| 2019 | +46.75% | C$47.28 | C$69.38 |
| 2018 | -3.97% | C$49.23 | C$47.28 |
| 2017 | +3.72% | C$47.46 | C$49.23 |
| 2016 | +56.50% | C$30.33 | C$47.46 |
| 2015 | +27.21% | C$23.84 | C$30.33 |
| 2014 | +3.93% | C$22.94 | C$23.84 |
| 2013 | -44.73% | C$41.50 | C$22.94 |
| 2012 | +43.33% | C$28.96 | C$41.50 |
| 2011 | -51.11% | C$59.23 | C$28.96 |
| 2010 | +35.00% | C$43.87 | C$59.23 |
| 2009 | -8.98% | C$48.20 | C$43.87 |
| 2008 | +15.63% | C$41.68 | C$48.20 |
| 2007 | +13.52% | C$36.72 | C$41.68 |
| 2006 | +109.15% | C$17.56 | C$36.72 |
| 2005 | +39.63% | C$12.57 | C$17.56 |
| 2004 | +5.75% | C$11.89 | C$12.57 |
| 2003 | -33.00% | C$17.75 | C$11.89 |
| 2002 | +48.60% | C$11.94 | C$17.75 |
| 2001 | +74.44% | C$6.85 | C$11.94 |
| 2000 | -15.09% | C$8.06 | C$6.85 |
| 1999 | +68.25% | C$4.79 | C$8.06 |
| 1998 | -17.65% | C$5.82 | C$4.79 |
| 1997 | -60.21% | C$14.62 | C$5.82 |
| 1996 | +12.99% | C$12.94 | C$14.62 |
AEM Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating Agnico Eagle Mines Limited as an investment
Valuation
AEM currently trades at a trailing P/E ratio of 23.6, which is considered moderate relative to the broader market. The forward P/E of 15.4 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 4.2. The price-to-sales ratio is 12.0.
Dividends
Agnico Eagle Mines Limited pays a dividend to shareholders with a current yield of 0.86%. This translates to C$2.45 per share annually. The payout ratio of 18% indicates sustainable dividend coverage.
Risk & Volatility
AEM has a beta of 0.61, indicating it is less volatile than the overall market. The stock's 52-week range is C$135.40 to C$348.94, and it currently trades in the upper half of its 52-week range.
Analyst Ratings
Based on 11 analyst opinions, AEM has a consensus "buy" rating. The average price target of C$336.84 suggests 18.2% upside from current levels.
Frequently Asked Questions: AEM
What sector is AEM in? ▼
AEM operates in the Basic Materials sector, specifically in the Gold industry.
How has AEM performed historically? ▼
Over 31 years of trading history, AEM has posted gains in 22 years (71% of the time). The best year was 2025 with a +109.6% return. Past performance does not guarantee future results.
How can I invest in AEM? ▼
You can invest in AEM through any brokerage account that offers access to the Toronto Stock Exchange. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold AEM.
Does AEM pay dividends? ▼
Agnico Eagle Mines Limited pays a dividend to shareholders with a current yield of 0.86%. This translates to C$2.45 per share annually. The payout ratio of 18% indicates sustainable dividend coverage.
What does Agnico Eagle Mines Limited do? ▼
Agnico Eagle Mines Limited is a Gold company operating in the Basic Materials sector. The company is headquartered in Toronto, Canada.
What sector is AEM in? ▼
AEM operates in the Basic Materials sector, specifically in the Gold industry.
When did AEM go public? ▼
Agnico Eagle Mines Limited went public in 1995, making it a 31-year-old public company as of 2026.
How much would C$1,000 invested in AEM 5 years ago be worth today? ▼
A C$1,000 investment in AEM five years ago would be worth approximately C$4,428 today, representing a 342.8% return.
How much would C$1,000 invested in AEM 10 years ago be worth today? ▼
A C$1,000 investment in AEM ten years ago would be worth approximately C$7,259 today, representing a 625.9% total return over the decade.
What is AEM's 3-year return? ▼
Over the past 3 years, AEM has returned 340.2%. A C$1,000 investment would have grown to C$4,402.
How much would C$1,000 invested in AEM at IPO be worth today? ▼
If you invested C$1,000 in AEM at its IPO in 1995, it would be worth approximately C$29,600 today, a 2,860.0% return over 31 years.
Does AEM pay dividends? ▼
Yes, Agnico Eagle Mines Limited pays a dividend with a current yield of 0.86%, which is C$2.45 per share annually.
What is AEM's market cap? ▼
Agnico Eagle Mines Limited has a market capitalization of C$143 billion, classifying it as a large-cap company.
What is AEM's P/E ratio? ▼
AEM has a trailing P/E ratio of 23.6 and a forward P/E of 15.4, which measures how much investors are paying per dollar of earnings.
Is AEM a buy, hold, or sell? ▼
Based on 11 opinions, AEM has a consensus "buy" rating. The average price target is C$336.84.
Last updated: 3/15/2026