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AEM (Agnico Eagle Mines) Market Cap : $44,612 Mil (As of Oct. 29, 2024)


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What is Agnico Eagle Mines Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Agnico Eagle Mines's share price for the quarter that ended in Jun. 2024 was $65.4. Agnico Eagle Mines's Shares Outstanding (EOP) for the quarter that ended in Jun. 2024 was 500 Mil. Therefore, Agnico Eagle Mines's market cap for the quarter that ended in Jun. 2024 was $32,693 Mil.

Agnico Eagle Mines's quarterly market cap increased from Dec. 2023 ($27,277 Mil) to Mar. 2024 ($29,717 Mil) and increased from Mar. 2024 ($29,717 Mil) to Jun. 2024 ($32,693 Mil).

Agnico Eagle Mines's annual market cap increased from Dec. 2021 ($13,019 Mil) to Dec. 2022 ($23,732 Mil) and increased from Dec. 2022 ($23,732 Mil) to Dec. 2023 ($27,277 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Agnico Eagle Mines's Enterprise Value for Today is $44,509 Mil.


Agnico Eagle Mines Market Cap Historical Data

The historical data trend for Agnico Eagle Mines's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Agnico Eagle Mines Market Cap Chart

Agnico Eagle Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,762.93 17,125.75 13,019.41 23,731.62 27,276.85

Agnico Eagle Mines Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24,733.30 22,546.11 27,276.85 29,717.21 32,692.54

Competitive Comparison of Agnico Eagle Mines's Market Cap

For the Gold subindustry, Agnico Eagle Mines's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Agnico Eagle Mines's Market Cap Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Agnico Eagle Mines's Market Cap distribution charts can be found below:

* The bar in red indicates where Agnico Eagle Mines's Market Cap falls into.



Agnico Eagle Mines Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Agnico Eagle Mines's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$54.85*497.299
=$27,277

Agnico Eagle Mines's Market Cap for the quarter that ended in Jun. 2024 is calculated as

Market Cap (Q: Jun. 2024 )=Share Price (Q: Jun. 2024 )*Shares Outstanding (EOP) (Q: Jun. 2024 )
=$65.4*499.886
=$32,693

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Agnico Eagle Mines  (NYSE:AEM) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Agnico Eagle Mines Market Cap Related Terms

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Agnico Eagle Mines Business Description

Address
145 King Street East, Suite 400, Toronto, ON, CAN, M5C 2Y7
Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years. It merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It produced more than 3.4 million gold ounces in 2023 and had about 15 years of gold reserves at end 2023. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.