Agnico Eagle Mines Limited – Consensus Indicates Potential 26.2% Upside

Broker Ratings

Agnico Eagle Mines Limited with ticker code (AEM) now have 16 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 73 and 57.27 calculating the average target price we see 65.02. Now with the previous closing price of 51.54 this indicates there is a potential upside of 26.2%. The 50 day MA is 53.51 and the 200 day moving average is 48.17. The company has a market cap of $23,358m. Find out more information at:

The potential market cap would be $29,467m 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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