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A Financial Analysis and Valuation of Agnico-Eagle Mines Ltd
- 1 School of Economics, Shanghai University of Finance and Economics, Shanghai, 200433, China
* Author to whom correspondence should be addressed.
Abstract
The purpose of this article is to analyze the market environment and financial position of Agnico Eagle Mining Company in order to provide investment advice. AEM occupies an important position in the global mining industry. Despite the apparent cyclical nature of the mining industry, AEM has also benefited from the recovery in commodity prices and the recovery in mining company profits since 2015. This article analyzes and evaluates the financial performance and market value of Agnico Eagle (AEM) from various aspects, such as financial ratio analysis, discounted cash flow (DCF) model, relative valuation method, industry trend analysis, and risk assessment. This paper evaluates AEM's liquidity, solvency and profitability by comparing key metrics such as quick ratio, current ratio, long-term debt ratio, cash ratio, total debt ratio and interest coverage ratio. It also analyzes global gold demand, mining market recovery, and critical metals market dynamics, providing context for AEM's future revenue forecasts and strategic decisions. After a comprehensive analysis, AEM is considered to have good growth potential and competitive advantages, making it suitable for investors looking for stable returns.
Keywords
Agnico-Eagle Mines Ltd, Financial Analysis, Performance Evaluation, Valuation
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Cite this article
He,J. (2024). A Financial Analysis and Valuation of Agnico-Eagle Mines Ltd. Advances in Economics, Management and Political Sciences,110,52-59.
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Volume title: Proceedings of ICEMGD 2024 Workshop: Decoupling Corporate Finance Implications of Firm Climate Action
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