Agnico Eagle Mines Limited with ticker code (AEM) have now 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 99.5 and 72.63 and has a mean target at 84.26. Given that the stocks previous close was at 44.9 this is indicating there is a potential upside of 87.7%. The day 50 moving average is 46.35 and the 200 day moving average is 52.54. The market capitalisation for the company is $21,084m. Find out more information at: https://www.agnicoeagle.com
The potential market cap would be $39,567m 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.