Agnico Eagle Mines Limited – Consensus Indicates Potential 68.9% Upside

Broker Ratings

Agnico Eagle Mines Limited with ticker code (AEM) now have 13 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 104.58 and 82.66 with a mean TP of 91.3. Now with the previous closing price of 54.07 this indicates there is a potential upside of 68.9%. The 50 day moving average now sits at 59.41 and the 200 day moving average is 54.95. The market cap for the company is $24,575m. Find out more information at: https://www.agnicoeagle.com

The potential market cap would be $41,497m 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, Mexico, and Finland. It operates through Northern Business and Southern Business segments. The company primarily produces and sells gold deposits, as well as explores for silver, zinc, and copper deposits. Its flagship property is the LaRonde mine located in the Abitibi region of northwestern Quebec, Canada. As of December 31, 2021, the company’s LaRonde mine had proven and probable mineral reserves of approximately 3.0 million ounces of gold. It is also involved in exploration activities in Europe, Latin America, and the United States. The company was incorporated in 1953 and is headquartered in Toronto, Canada.

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