Agnico Eagle Mines Limited – Consensus Indicates Potential 95.6% Upside

Broker Ratings

Agnico Eagle Mines Limited found using ticker (AEM) now have 13 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 100.43 and 73.32 calculating the mean target price we have 88.29. With the stocks previous close at 45.13 this would indicate that there is a potential upside of 95.6%. The 50 day moving average now sits at 43 and the 200 moving average now moves to 50.66. The market cap for the company is $19,424m. You can visit the company’s website by visiting: https://www.agnicoeagle.com

The potential market cap would be $38,000m 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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