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 Dec. 2023 was $54.85. Agnico Eagle Mines's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 497 Mil. Therefore, Agnico Eagle Mines's market cap for the quarter that ended in Dec. 2023 was $27,277 Mil.
Agnico Eagle Mines's quarterly market cap
declined
from Jun. 2023 ($24,733 Mil) to Sep. 2023 ($22,546 Mil) but then
increased
from Sep. 2023 ($22,546 Mil) to Dec. 2023 ($27,277 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 $33,900 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.
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
* 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 companys 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 (Agnico Eagle Mines) Business Description
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 3.1 million gold ounces in 2022 and had about 15 years of gold reserves at end 2022. 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.
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