Agnico Eagle Mines Limited – Consensus Indicates Potential 38.4% Upside

Broker Ratings

Agnico Eagle Mines Limited found using ticker (AEM) have now 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 99.48 and 76.42 with a mean TP of 85.9. Now with the previous closing price of 62.07 this is indicating there is a potential upside of 38.4%. There is a 50 day moving average of 52.12 and the 200 moving average now moves to 56.22. The market cap for the company is $27,925m. Find out more information at: https://www.agnicoeagle.com

The potential market cap would be $38,646m based on the market concensus.

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Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Sweden, and Finland. The company operates through Northern Business and Southern Business segments. It primarily produces and sells gold deposit, as well as explores for silver, zinc, and copper deposits. The company’s flagship property is the LaRonde mine located in the Abitibi region of northwestern Quebec, Canada. As of December 31, 2020, its LaRonde mine had a mineral reserve of approximately 3.8 million ounces of gold. The company is also involved in exploration activities in Europe, Latin America, and the United States. Agnico Eagle Mines Limited was incorporated in 1953 and is headquartered in Toronto, Canada.

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