AEMAgnico Eagle Mines Limited
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (AA) and typical volatility.
Net cash and profitable. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -54% · now 25% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can AEM take a bad year?
Agnico Eagle Mines Limited holds $2.67B more cash than debt, so a bad year is a question about profits, not about lenders.
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Debt / equity
- 0.01×
Debt / equity
- Annualised volatility
- 42%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtFY2025
- $196M
- Cash and short-term investments
- $2.87B
- Net cash
- $2.67B
- Debt / equity
- 0.01×
- Annualised volatilitytwo years of daily moves
- 42%
- Worst drawdown on file
- −54%
- Below its 52-week high
- 25%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.