David Smith - Agnico Eagle President
| AEM Stock | CAD 118.06 0.99 0.85% |
President
Mr. David Smith, P.Eng., is Chief Financial Officer, Senior Vice President Finance of Agnico Eagle Mines Limited., since October 24, 2012. Prior to that, he was Senior VicePresident, Strategic Planning and Investor Relations, a position he held since January 1, 2011, prior to that he was Senior VicePresident, Investor Relations and prior to that he was VicePresident, Investor Relations. He started work in investor relations at Agnico Eagle in February 2005. Prior to that, Mr. Smith was a mining analyst for more than five years and held a variety of mining engineering positions, both in Canada and abroad. Mr. Smith is a Chartered Director and an alternate Director of the World Gold Council. Mr. Smith is a graduate of Queens University and the University of Arizona . Mr. Smith is a Professional Engineer. since 2012.
| Tenure | 12 years |
| Address | 145 King Street East, Toronto, ON, Canada, M5C 2Y7 |
| Phone | 416 947 1212 |
| Web | https://www.agnicoeagle.com |
David Smith Latest Insider Activity
Tracking and analyzing the buying and selling activities of David Smith against Agnico Eagle stock is an integral part of due diligence when investing in Agnico Eagle. David Smith insider activity provides valuable insight into whether Agnico Eagle is net buyers or sellers over its current business cycle. Note, Agnico Eagle insiders must abide by specific rules, including filing SEC forms every time they buy or sell Agnico Eagle'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
David Smith over three weeks ago Acquisition by David Smith of 1685 shares of Gran Tierra at 6.54 subject to Rule 16b-3 | ||
David Smith over three weeks ago Acquisition by David Smith of 51480 shares of Glimpse subject to Rule 16b-3 | ||
David Smith over two months ago Disposition of 2034 shares by David Smith of AstroNova at 17.77 subject to Rule 16b-3 | ||
David Smith over two months ago Disposition of 1094 shares by David Smith of Sonic Automotive subject to Rule 16b-3 |
Agnico Eagle Management Efficiency
The company has return on total asset (ROA) of 0.0501 % which means that it generated a profit of $0.0501 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0501 %, meaning that it generated $0.0501 on every $100 dollars invested by stockholders. Agnico Eagle's management efficiency ratios could be used to measure how well Agnico Eagle manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Agnico Eagle's Return On Tangible Assets are very stable compared to the past year. As of the 29th of November 2024, Return On Assets is likely to grow to 0.07, while Return On Capital Employed is likely to drop 0.1. At this time, Agnico Eagle's Intangible Assets are very stable compared to the past year. As of the 29th of November 2024, Return On Tangible Assets is likely to grow to 0.08, while Net Tangible Assets are likely to drop about 4.6 B.Similar Executives
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Management Performance
| Return On Equity | 0.0501 | ||||
| Return On Asset | 0.0501 |
Agnico Eagle Mines Leadership Team
Elected by the shareholders, the Agnico Eagle's board of directors comprises two types of representatives: Agnico Eagle inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Agnico. The board's role is to monitor Agnico Eagle's management team and ensure that shareholders' interests are well served. Agnico Eagle's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Agnico Eagle's outside directors are responsible for providing unbiased perspectives on the board's policies.
| CarolAnn PlummerTheriault, Vice President Sustainability | ||
| Leanne Baker, Independent Director | ||
| Sean Boyd, Chief Executive Officer, Vice Chairman of the Board | ||
| CA CFA, VP Devel | ||
| Mel Leiderman, Independent Director | ||
| Jean Robitaille, Senior Vice President - Business Strategy and Technical Services | ||
| James Nasso, Independent Chairman of the Board | ||
| P MBA, Australia Ontario | ||
| Mathew Cook, VP Controller | ||
| Deborah McCombe, Independent Director | ||
| Robert Gemmell, Independent Director | ||
| BSc ENG, Quebec Nunavut | ||
| BSc Eng, Executive Excellence | ||
| Ammar AlJoundi, President | ||
| Marc Legault, Senior Vice-President, Operations - USA and Latin America | ||
| Ammar MBA, President CEO | ||
| Guy Gosselin, Senior Vice President Exploration | ||
| Chris Vollmershausen, Vice President Legal and Corporate Secretary | ||
| Christopher LLB, General Legal | ||
| Eng Ing, Ex Exploration | ||
| David Smith, Chief Financial Officer, Senior Vice President - Finance | ||
| Martine Celej, Independent Director | ||
| BASc CPA, Executive Officer | ||
| Jason Allaire, Safety, Health | ||
| R Laing, Senior Vice President - Legal, General Counsel, Corporate Secretary | ||
| JeanMarie Clouet, Vice Relations | ||
| Louise Grondin, Senior Vice President - Environment and Sustainable Development and People | ||
| Mohammed Ali, Vice Affairs | ||
| Sean Riley, Independent Director | ||
| John Roberts, Independent Director | ||
| Jamie Sokalsky, Independent Director | ||
| CDir MSc, Exec CFO | ||
| Yvon Sylvestre, Senior Vice President, Operations – Canada & Europe |
Agnico Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Agnico Eagle a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0501 | ||||
| Return On Asset | 0.0501 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.41 % | ||||
| Current Valuation | 59.64 B | ||||
| Shares Outstanding | 501.52 M | ||||
| Shares Owned By Insiders | 0.07 % | ||||
| Shares Owned By Institutions | 70.40 % | ||||
| Number Of Shares Shorted | 2.29 M | ||||
| Price To Earning | 19.73 X |
Pair Trading with Agnico Eagle
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Agnico Eagle position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Agnico Eagle will appreciate offsetting losses from the drop in the long position's value.Moving together with Agnico Stock
Moving against Agnico Stock
The ability to find closely correlated positions to Agnico Eagle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agnico Eagle when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Agnico Eagle - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Agnico Eagle Mines to buy it.
The correlation of Agnico Eagle is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agnico Eagle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agnico Eagle Mines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Agnico Eagle can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agnico Eagle Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.