Agnico Eagle Mines Limited – Consensus Indicates Potential 40.9% Upside

Broker Ratings

Agnico Eagle Mines Limited found using ticker (AEM) have now 17 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 97 and 54.6 calculating the mean target price we have 75.85. Now with the previous closing price of 53.83 this would indicate that there is a potential upside of 40.9%. The 50 day moving average now sits at 57.93 and the 200 day moving average is 62.61. The market cap for the company is $13,029m. You can visit the company’s website by visiting: http://www.agnicoeagle.com

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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