Agnico EagleFreeport-McMoRan

Agnico Eagle vs Freeport-McMoRan

Agnico Eagle Mines Ltd and Freeport-McMoRan Inc are compared on this page to help readers understand how their business models differ, how their financial performance has evolved, and the market conte...

Why It's Moving

Agnico Eagle

AEM Powers Ahead with Bullish Momentum as Gold Miner's Technicals Signal Strength Ahead of Earnings.

  • Momentum surges with a top-tier Style Score of A and recent price gains of 15.43% year-to-date in 2026, bolstered by four buy signals outpacing two sell signals.
  • Analysts lifted 2025 earnings estimates by $0.14 to $8.13 per share in the last 60 days, reflecting confidence in operational resilience and an average earnings surprise of +11.6%.
  • Strong balance sheet shines through $1.19B free cash flow in Q3 2025 and a net cash position of $2.16B, reinforcing financial flexibility amid steady 3.3-3.5M oz gold production guidance.
Sentiment:
🐃Bullish
Freeport-McMoRan

FCX Stock Warning: Why Analysts See -11% Downside Risk

  • Copper prices slipped from peaks as exchange inventories rose sharply, hammering mining stocks including FCX with back-to-back 4% declines and pressuring sector ETFs.
  • Popular valuation narratives peg FCX at 40.3% overvalued with a $44 fair value versus recent closes near $62, driven by stretched multiples despite copper leverage.
  • Analyst splits emerge: Zacks lifted multi-year EPS forecasts while others question if recent rally and record copper prices have overcooked fundamentals amid macro risks.
Sentiment:
🐻Bearish

Investment Analysis

Pros

  • Agnico Eagle delivered record revenue and earnings in Q3 2025, significantly exceeding market forecasts and demonstrating strong operational efficiency.
  • The company generated robust free cash flow, repaid substantial debt, and maintains a healthy liquidity position with a current ratio above 2.
  • Agnico Eagle benefits from diversified mining operations across Canada, Mexico, and Finland, reducing geographic risk and supporting stable production.

Considerations

  • The stock trades at a high price-to-earnings ratio, suggesting it may be overvalued relative to its earnings and future growth prospects.
  • Profitability is highly sensitive to gold price fluctuations, exposing the company to commodity market volatility.
  • Unit cash costs are rising due to higher royalties and inflation, which could pressure margins if gold prices decline.

Pros

  • Freeport-McMoRan is a leading global copper producer with significant scale and low-cost operations, benefiting from strong demand for industrial metals.
  • The company has a strong balance sheet with substantial cash reserves and manageable debt levels, supporting financial flexibility.
  • Freeport-McMoRan has diversified exposure to copper, gold, and molybdenum, providing resilience against commodity-specific downturns.

Considerations

  • The business is highly exposed to cyclical commodity prices, particularly copper, which can lead to volatile earnings and cash flows.
  • Operations face environmental and regulatory risks, especially in key regions like Indonesia, which could disrupt production or increase costs.
  • Freeport-McMoRan's dividend policy is closely tied to commodity prices, resulting in variable shareholder returns during market downturns.

Related Market Insights

Gold & Silver: Why Precious Metal Miners Could Shine in Uncertain Times

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Aimee Silverwood | Financial Analyst

July 25, 2025

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Agnico Eagle (AEM) Next Earnings Date

Agnico Eagle Mines Ltd (AEM) is estimated to report its next earnings on February 12, 2026. This release will cover the Q4 2025 quarter, aligning with the company's historical late-February reporting pattern for year-end results. A conference call is typically scheduled the following day to discuss the outcomes.

Freeport-McMoRan (FCX) Next Earnings Date

Freeport-McMoRan's next earnings release is estimated for April 15-23, 2026, though the company has not yet officially confirmed the exact date. This report will cover the company's first quarter 2026 results. Based on historical patterns, FCX typically releases quarterly earnings in mid-to-late April, and investors should monitor the company's investor relations website for official announcement of the precise date and time.

Which Baskets Do They Appear In?

Gold & Silver

Gold & Silver

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Published: May 4, 2025

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