-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點總結如下：我們將AEM的12個月目標價下調35加元至370加元，因為我們採用8.4倍的企業價值/息稅折舊攤銷前利潤（EV/EBITDA）倍數，並基於我們對2027年息稅折舊16 月利潤的預估值進行估值，這與AEM過去三年的平均數量我們上調了AEM的每股盈餘（EPS）預期：2026年調高1.13美元至14.65美元，2027年調高2.71美元至17.58美元。 AEM第一季業績強勁，營業利潤率創歷史新高，主要得益於金價上漲和嚴格的成本控制。 2026年產量指引維持330萬至350萬盎司，成本控制符合預期。 AEM的資產負債表依然穩健，淨現金達29億美元，為其業界領先的成長計畫提供了有力支撐。該計畫旨在透過Detour地下礦、加拿大馬拉蒂克擴建項目、霍普灣礦場和上比弗礦等項目，在未來十年實現20%-30%的產量成長。擬議的芬蘭合併計畫將新增一個潛在的50萬盎司黃金儲量平台。管理層計劃將40%的自由現金流用於分紅和擴大20億美元的股票回購計劃，同時為高回報成長項目提供資金。
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