<div id="readability-page-1"><p>Agnico Eagle Mines Limited (NYSE:AEM - Get Free Report) <span>TSE: AEM<span></span></span> saw a large drop in short interest in December. As of December 15th, there was short interest totaling 5,448,500 shares,  a drop of 21.9% from the November 30th total of 6,971,964 shares. Based on an average trading volume of 2,369,733 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.1% of the shares of the stock are short sold. Approximately 1.1% of the shares of the stock are short sold. Based on an average trading volume of 2,369,733 shares, the days-to-cover ratio is currently 2.3 days.</p><div><p><span></span><span>Get <strong>Agnico Eagle Mines</strong> alerts:</span></p></div><h2>Agnico Eagle Mines Trading Up 0.2%</h2><ul><li>Gold and Silver Are on Fire—These Canadian Miners Ride the Wave</li></ul><p>NYSE AEM traded up $0.37 during mid-day trading on Tuesday, reaching $171.71. 1,772,861 shares of the stock were exchanged, compared to its average volume of 2,892,794. The stock has a market cap of $86.15 billion, a P/E ratio of 25.07, a P/E/G ratio of 0.66 and a beta of 0.64. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.12 and a quick ratio of 1.31. Agnico Eagle Mines has a one year low of $77.14 and a one year high of $187.50. The stock has a 50 day simple moving average of $167.41 and a 200-day simple moving average of $149.92. </p><p>Agnico Eagle Mines (NYSE:AEM - Get Free Report) <span>TSE: AEM<span></span></span> last issued its quarterly earnings results on Wednesday, October 29th. The mining company reported $2.16 earnings per share for the quarter, topping analysts' consensus estimates of $1.76 by $0.40. The firm had revenue of $3.07 billion during the quarter, compared to the consensus estimate of $2.93 billion. Agnico Eagle Mines had a return on equity of 15.64% and a net margin of 32.62%.During the same period last year, the business posted $1.14 EPS.  On average, analysts anticipate that  Agnico Eagle Mines will post 4.63 EPS for the current year. </p><h2>Hedge Funds Weigh In On Agnico Eagle Mines</h2><ul><li>3 Mining Companies to Fill Stockings With More Than Just Coal</li></ul><p>A number of institutional investors and hedge funds have recently modified their holdings of AEM. Norges Bank acquired a new position in shares of  Agnico Eagle Mines during the 2nd quarter valued at $938,644,000.  Capital World Investors increased its stake in  Agnico Eagle Mines by 20.0% in the third quarter. Capital World Investors now owns 20,765,804 shares of the mining company's stock valued at $3,497,470,000 after purchasing an additional 3,462,968 shares in the last quarter.  Arrowstreet Capital Limited Partnership raised its holdings in shares of  Agnico Eagle Mines by 38.8% during the second 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 period.  DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its position in shares of  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.  Finally, Invesco Ltd. grew its stake in shares of  Agnico Eagle Mines by 53.1% in the 2nd quarter. Invesco Ltd. now owns 4,164,046 shares of the mining company's stock valued at $495,230,000 after buying an additional 1,444,746 shares during the period. 68.34% of the stock is currently owned by institutional investors. </p><h2>Wall Street Analysts Forecast Growth</h2><p>A number of brokerages have recently commented on AEM. Jefferies Financial Group  set a $189.00 price target on Agnico Eagle Mines in a research note on Sunday, December 7th. CIBC boosted their target price on shares of Agnico Eagle Mines from $165.00 to $231.00 and gave the stock an &#34;outperformer&#34; rating in a report on Friday, October 10th. Royal Bank Of Canada downgraded shares of Agnico Eagle Mines from an &#34;outperform&#34; rating to a &#34;sector perform&#34; rating and raised their price target for the company from $185.00 to $205.00 in a research note on Wednesday, December 10th. UBS Group boosted their price objective on shares of Agnico Eagle Mines from $180.00 to $190.00 and gave the stock a &#34;neutral&#34; rating in a research note on Monday, December 1st. Finally, Weiss Ratings  reaffirmed a &#34;buy (a-)&#34; rating on shares of Agnico Eagle Mines in a research report on Monday. Six analysts have rated the stock with a Strong Buy rating, eight have assigned  a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company  has a consensus rating of &#34;Buy&#34; and a consensus target price of $201.60.</p><ul><li>Can Gold Mining Stocks Shine as the Metals Rally Falters?</li></ul><p><b>Check Out Our Latest Stock Analysis on Agnico Eagle Mines</b></p><h2>Agnico Eagle Mines Company Profile</h2> (Get Free Report)<p>Agnico Eagle Mines Limited <span>NYSE: AEM<span></span></span> 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.  </p><p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Agnico Eagle Mines</li><li>Wall Street Stockpicker Names #1 Stock of 2026</li><li>Do not delete, read immediately</li><li>Market Panic: Trump Just Dropped a Bomb on Your Stocks</li><li>A month before the crash</li><li>Buy this $2 Gold Stock Before January 1, 2026</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Agnico Eagle Mines Right Now?</h2><p>Before you consider Agnico Eagle Mines, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Agnico Eagle Mines wasn't on the list.</p><p>While Agnico Eagle Mines currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Agnico Eagle Mines Limited (NYSE:AEM) experienced a 21.9% decrease in short interest in December, totaling 5,448,500 shares as of December 15th. The short-interest ratio is currently 2.3 days, with 1.1% of shares sold short. The stock traded up 0.2% to $171.71, with a market cap of $86.15 billion. Recent institutional investments include Norges Bank acquiring a significant position. Analysts have set price targets ranging from $189.00 to $231.00, with varying ratings on the stock's performance.</p>

Short Interest in Agnico Eagle Mines Limited (NYSE:AEM) Drops By 21.9%