AEM Price Prediction Next Week
Based on the provided data and recent market developments, here's the analysis and prediction for AEM's next trading week:
Technical Analysis
- Current price: $96.28 with recent upward momentum
- Trading above key moving averages, showing bullish sentiment
- Formed a strong support level around $95-96 range
Fundamental Drivers
- Moody's upgraded outlook from stable to positive, affirming Baa1 rating
- Record gold production of 3.49 million ounces in 2024
- Strong liquidity position with $3.7 billion total sources through December 2025
- Conservative financial policies with leverage below 1x
Valuation Metrics
- Forward P/E ratio of 20.52, higher than industry average of 11.01
- Quarterly dividend of $0.40 maintained, yielding 1.65% annually
Price Targets for Next Week
Based on technical indicators and recent fundamental developments:
- Resistance levels: $98.50, $100.00
- Support levels: $95.00, $93.50
- Expected trading range: $95-$101
Price Prediction: AEM is likely to test $100 level next week based on:
- Positive Moody's outlook upgrade momentum
- Strong operational performance
- Technical breakout above $96 resistance
Trading Recommendation: BUY
- Entry point: Current market price ($96.28)
- Target: $100.00 (+3.86%)
- Stop loss: $94.50 (-1.85%)
- Risk/Reward ratio: 1:2.1
The stock shows strong fundamentals and positive technical momentum, suggesting upward movement potential in the coming week. The recent Moody's upgrade and robust operational metrics provide solid support for price appreciation.
AEM Similar Chart Price Prediction
The price of AEM is predicted to go up 0.24%, based on the high correlation periods with FNV. The similarity of these two price pattern on the periods is 97.68%.
AEM
FNV
Up: 0.24%Similarity: 97.68%
AEM Revenue Forecast
AEM EPS Forecast
AEM FAQs
What is AEM revenue forecast for next quarter？
What is AEM eps forecast for next quarter？
AEM VS S&P500
Agnico Eagle has around 15 years of reserves at end December 2023, with various opportunities to incrementally increase gold production in coming years.
For investors seeking gold miners with lower geopolitical risk, Agnico Eagle's mines are in relatively stable and mining-friendly countries of Canada, Mexico, Finland, and Australia.
Gold stocks tend not to follow general economic cycles. They can also provide a hedge to inflation risk.
AEM Analyst's Forecast
Tanya Jakusconek
Scotiabank
Buy
2025-01-21
Price Target
$103 → $105
Upside
+18.97%
Scotiabank raised the firm's price target on Agnico Eagle to $105 from $103 and keeps an Outperform rating on the shares. Heading into Q4 results, the firm expects operators in the Gold & Precious Minerals sector to err on the conservative side regarding input costs for guidance, and expects FY25 operating and capital forecasts to be more conservative than consensus, the analyst tells investors. In the short term, the firm prefers to be positioned in the streamers versus the operators given the consensus cost outlook.
David Hove
Jefferies
Hold
2025-01-07
Price Target
$85 → $88
Upside
+7.98%
Matthew Murphy
Jefferies
Hold
2024-10-04
Price Target
$68 → $85
Upside
+7.85%
