Agnico Eagle MinesHAM:AE9 +3.39%97 Days Inventory is 107.98 as of Mar. 2026, which is 1% below its 10-year median of 109.37. GuruFocus rates HAM:AE9 with a GF Score™ of 97/100 and a GF Value™ of €140.89 (Fairly Valued). The stock has 1 warning sign investors should review. Among 680 Metals & Mining companies, Agnico Eagle Mines ranks worse than 65.74% on this metric.
The historical rank and industry rank for Agnico Eagle Mines's Days Inventory or its related term are showing as below:
HAM:AE9'
s Days Inventory Range Over the Past 10 Years
Min: 99.46 Med: 109.37 Max: 119.29
Current: 112.89
During the past 13 years, Agnico Eagle Mines's highest Days Inventory was 119.29. The lowest was 99.46. And the median was 109.37.
HAM:AE9's Days Inventory is ranked worse than 65.74% of 680
companies
in the Metals & Mining industry
Industry Median: 85.57
vs HAM:AE9: 112.89
Agnico Eagle Mines's Days Inventory
declined
from Mar. 2025 (115.80) to Mar. 2026 (107.98).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Agnico Eagle Mines's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.85.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Agnico Eagle Mines's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.40.
Agnico Eagle Mines (HAM:AE9) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Agnico Eagle Mines's Inventory Turnover for the
three
months ended in Mar. 2026 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Agnico Eagle Mines's Inventory to Revenue for the
three
months ended in Mar. 2026 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.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Agnico Eagle Mines Days Inventory Related Terms
Agnico Eagle Mines Days Inventory Historical Data
* Premium members only.
The historical data trend for Agnico Eagle Mines's Days Inventory 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.
HAM:AE9 vs NEM, AU, RGLD: Days Inventory Comparison
For the Gold subindustry, Agnico Eagle Mines's Days Inventory, along with its competitors' market caps and Days Inventory 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 Days Inventory vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Agnico Eagle Mines's Days Inventory distribution charts can be found below:
* The bar in red indicates where Agnico Eagle Mines's Days Inventory falls into.
* 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 (HAM:AE9) has a Days Inventory of 107.98 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Agnico Eagle Mines and its competitors. This is near median its historical median of 109.37. Over the past decade, Agnico Eagle Mines' Days Inventory has ranged from 99.46 to 119.29. According to the industry distribution chart, Agnico Eagle Mines ranks #447 out of 680 companies in the Metals & Mining industry, placing it in the top 65.7%.
Is Agnico Eagle Mines' Days Inventory too high?
Agnico Eagle Mines' current Days Inventory of 107.98 is near median its 10-year median of 109.37. Over the past 10 years, this metric has ranged from a low of 99.46 to a high of 119.29. The Metals & Mining industry median Days Inventory is 85.57. Agnico Eagle Mines' value of 107.98 is 26.2% above this industry median. Based on the distribution chart, Agnico Eagle Mines ranks #447 out of 680 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Agnico Eagle Mines has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Agnico Eagle Mines' Days Inventory compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Agnico Eagle Mines ranks #447 out of 680 companies for Days Inventory. This places Agnico Eagle Mines in the lower half of its industry. The industry median Days Inventory is 85.57. Agnico Eagle Mines' value of 107.98 is 26.2% above this benchmark. Historically, Agnico Eagle Mines' own Days Inventory has ranged from 99.46 to 119.29 over the past decade. While the company's 10-year median is 109.37 vs. the industry median of 85.57, Agnico Eagle Mines has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Metals & Mining company?
The median Days Inventory among Metals & Mining companies is 85.57, based on 680 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Agnico Eagle Mines's current Days Inventory of 107.98 is 26.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Agnico Eagle Mines and its competitors. For the Metals & Mining industry, the median Days Inventory is 85.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Agnico Eagle Mines's current Days Inventory is 107.98, which is near median its own 10-year median of 109.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agnico Eagle Mines stock overvalued right now?
Based on GuruFocus' analysis, Agnico Eagle Mines (HAM:AE9) is currently considered Fairly Valued. The stock's GF Value™ is €140.89, compared to a current price of €137.20 — trading 2.6% below its estimated fair value. The current Days Inventory is 107.98, which is near median its 10-year median of 109.37 and 26.2% above the Metals & Mining industry median of 85.57. Agnico Eagle Mines' overall GF Score™ is 97/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Agnico Eagle Mines (HAM:AE9), the current Days Inventory is 107.98 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Agnico Eagle Mines (HAM:AE9) Overvalued in 2026?
Based on GuruFocus' analysis, Agnico Eagle Mines stock appears to be undervalued.
The current stock price of €137.20 is trading 2.6% below its estimated GF Value™ of €140.89.
GuruFocus considers Agnico Eagle Mines to be Fairly Valued.
Key valuation signals for HAM:AE9:
Days Inventory: 107.98 (near median its 10-year median of 109.37)
GF Value™: €140.89 vs. price of €137.20 (2.6% below fair value)
Industry Position: 26.2% above the Metals & Mining median (#447 of 680)
No single metric tells the full story. See the HAM:AE9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 sold around 3.4 million gold ounces in 2025 and had about 15 years of gold reserves at end 2025. 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.
97GF Score
Get the complete analysis for HAM:AE9
Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HAM:AE9 has been successfully added to your 
