Geode Capital Management LLC Purchases 178,999 Shares of Agnico Eagle Mines Limited - MarketBeat
| AEM Stock | CAD 117.14 0.92 0.78% |
About 61% of Agnico Eagle's investor base is looking to short. The current sentiment regarding investing in Agnico Eagle Mines stock implies that many traders are alarmed. Agnico Eagle's investing sentiment overview a quick insight into current market opportunities from investing in Agnico Eagle Mines. Many technical investors use Agnico Eagle Mines stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Agnico |
Geode Capital Management LLC Purchases 178,999 Shares of Agnico Eagle Mines Limited MarketBeat
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Agnico Eagle Fundamental Analysis
We analyze Agnico Eagle's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Agnico Eagle using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Agnico Eagle based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Per Share
Cash Per Share Comparative Analysis
Agnico Eagle is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Agnico Eagle Mines Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Agnico Eagle stock to make a market-neutral strategy. Peer analysis of Agnico Eagle could also be used in its relative valuation, which is a method of valuing Agnico Eagle by comparing valuation metrics with similar companies.
Peers
Agnico Eagle Related Equities
| ABX | Barrick Gold | 0.48 |
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| WPM | Wheaton Precious | 0.59 |
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| K | Kinross Gold | 0.84 |
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| ELD | Eldorado Gold | 0.88 |
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