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Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Agnico Eagle Mines (NYSE: AEM) hit a new 52-week low Tuesday as it is currently trading at $30.22, below its previous 52-week low of $30.36 with 901,848 shares traded as of 10:40 a.m. ET. Average volume has been 1.7 million shares over the past 30 days. Agnico Eagle Mines has a market cap of $5.44 billion and is part of the basic materials sector and metals & mining industry. Shares are down 40.5% year to date as of the close of trading on Monday. Agnico-Eagle Mines Limited, through its subsidiaries, engages in the exploration, development, and production of mineral properties in Canada, Finland, and Mexico. It primarily explores for gold, as well as silver, copper, zinc, and lead. The company has a P/E ratio of 21, above the S&P 500 P/E ratio of 17.7.