AGNICO EAGLE MINES LTD (NYSE:AEM) – A Gold Stock Meeting Louis Navellier's Growth Criteria

AGNICO EAGLE MINES LTD (NYSE:AEM) was identified by our stock screener as a candidate that aligns with Louis Navellier’s growth investing principles from The Little Book That Makes You Rich. The company demonstrates strong earnings momentum, profitability, and cash flow growth, making it worth a closer look for investors seeking high-quality growth stocks.

Key Strengths Based on Navellier’s Rules

1. Positive Earnings Revisions
   Analysts have raised EPS estimates for the next quarter by 7.42% over the past three months, indicating improving confidence in the company’s near-term performance.

2. Consistent Earnings Surprises
   AEM has beaten EPS estimates in each of the last four quarters, with an average surprise of 11.01%, reflecting its ability to outperform expectations.

3. Strong Sales Growth
   Revenue grew 28.46% year-over-year, while quarterly sales increased 34.89%, showing accelerating demand for its gold production.

4. Expanding Operating Margins
   Operating margins improved by 57.16% over the past year, indicating better cost efficiency and pricing power.

5. Robust Cash Flow Growth
   Free cash flow surged 281.95% year-over-year, providing the company with financial flexibility for further growth or shareholder returns.

6. High Earnings Growth
   EPS grew 106.61% year-over-year, with quarterly growth at 101.32%, well above the industry average.

7. Earnings Momentum
   The latest quarterly EPS growth (101.32%) significantly outpaced the same quarter’s growth a year ago (33.33%), confirming positive momentum.

8. Solid Return on Equity
   AEM’s ROE of 10.92% reflects efficient use of shareholder capital, placing it ahead of many peers in the metals and mining sector.

Fundamental Overview

AEM holds a fundamental rating of 7/10, with standout profitability and financial health. Its operating margin (42.24%) and profit margin (26.48%) rank in the top 5% of its industry. While its valuation appears slightly expensive with a P/E of 23.57, this is justified by its strong growth and cash flow generation.

For a deeper analysis, review the full fundamental report on AEM.

Our Louis Navellier Growth screener provides more stocks that fit this strategy and is updated regularly.

Disclaimer

This is not investment advice. The observations here are based on current data, but investors should conduct their own research before making decisions.