Agnico Eagle Mines: Top 25 Undervalued Toronto Stock Exchange Stocks (AEM)
Agnico Eagle Mines is now ranked among the top 25 undervalued stocks listed on the Toronto Stock Exchange.
- A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company
- Valuation methodology provided by Stockcalc (see below)
- Large caps market capitalization (10-200B)
Stocks in this category are held primarily for capital appreciation and/or dividends.
The Toronto Stock Exchange (TSX) is the largest exchange in Canada and one of the largest in the world. It is home for “senior” well-established equities.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| LSPD | Lightspeed Commerce | 21.87 | 38.05 | 16.18 (74.0%) | 625001 | 3384.3 | 0.0 | 0.0 |
| BBU-UN | Brookfield Bus Partners | 32.10 | 53.79 | 21.69 (67.6%) | 21984 | 2385.0 | 1.1 | 3.6 |
| U-U | Sprott Physical Uranium | 19.64 | 31.49 | 11.85 (60.3%) | 59644 | 5120.7 | 0.0 | 2.7 |
| FFH-U | Fairfax Finl Hldgs | 1080.22 | 1706.19 | 625.97 (58.0%) | 26595.8 | 0.0 | 6.6 | |
| TPX-A | Molson Coors Canada | 66.67 | 103.73 | 37.06 (55.6%) | 14054.0 | 3.5 | 8.9 | |
| OTEX | Open Text | 46.56 | 68.16 | 21.60 (46.4%) | 621638 | 12691.7 | 3.0 | 19.9 |
| SIL | SilverCrest Metals | 13.89 | 18.62 | 4.73 (34.1%) | 518954 | 2072.3 | 0.0 | 14.3 |
| IMG | Iamgold | 6.64 | 8.90 | 2.26 (34.1%) | 2149600 | 3523.8 | 0.0 | 20.2 |
| BEPC | Brookfield Renewable | 41.24 | 55.06 | 13.82 (33.5%) | 256858 | 7408.4 | 4.6 | 7.3 |
| AG | First Majestic Silver | 8.96 | 11.64 | 2.68 (29.9%) | 920992 | 2616.6 | 0.3 | 0.0 |
| WFG | West Fraser Timber | 139.02 | 176.71 | 37.69 (27.1%) | 140068 | 11324.2 | 1.2 | 60.0 |
| BNT | Brookfield Wealth | 73.67 | 92.76 | 19.09 (25.9%) | 24328 | 12675.1 | 0.6 | 5.6 |
| MAG | MAG Silver | 21.24 | 26.35 | 5.11 (24.1%) | 227995 | 2215.3 | 0.0 | 26.7 |
| BHC | Bausch Health Companies | 10.95 | 13.47 | 2.52 (23.0%) | 471138 | 4053.7 | 0.0 | 0.0 |
| LNR | Linamar | 64.66 | 79.21 | 14.55 (22.5%) | 84767 | 3992.1 | 1.5 | 6.6 |
| BIP-UN | Brookfield Infr Partners | 46.80 | 57.05 | 10.25 (21.9%) | 467091 | 21598.2 | 4.6 | 0.0 |
| EQX | Equinox Gold | 8.07 | 9.60 | 1.53 (19.0%) | 983315 | 3805.3 | 0.0 | 10.0 |
| AC | Air Canada | 17.15 | 20.16 | 3.01 (17.6%) | 2537029 | 6448.4 | 0.0 | 3.8 |
| U-UN | Sprott Physical Uranium | 27.04 | 31.62 | 4.58 (16.9%) | 766243 | 7050.1 | 0.0 | 2.7 |
| BTO | B2Gold | 4.40 | 5.14 | 0.74 (16.8%) | 4726624 | 5751.6 | 4.9 | 0.0 |
| NXE | NexGen Energy | 9.77 | 11.31 | 1.54 (15.7%) | 1847343 | 5997.0 | 0.0 | 57.5 |
| EDV | Endeavour Mining | 31.52 | 36.46 | 4.94 (15.7%) | 577406 | 7720.5 | 3.5 | 0.0 |
| QBR-B | Quebecor | 35.26 | 40.65 | 5.39 (15.3%) | 709503 | 8148.6 | 3.6 | 11.1 |
| TPX-B | Molson Coors Canada | 75.10 | 86.40 | 11.30 (15.1%) | 678 | 15831.1 | 3.1 | 10.0 |
| AEM | Agnico Eagle Mines | 109.33 | 125.16 | 15.83 (14.5%) | 1022717 | 54713.4 | 2.0 | 68.7 |
All data provided as of October 14, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Agnico Eagle Mines
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 Mines is listed under AEM on the Toronto Stock Exchange.
Stockcalc
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs.
Stockcalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. Stockcalc’s Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including:
- Discounted Cash Flow (DCF)
- Price & Other Comparables
- Multiples
- Adjusted Book Value (ABV)
- Analyst Consensus
Artificial Intelligence at Report on Business
Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
