Agnico Eagle Mines Limited with ticker code (AEM) have now 17 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 72.07 and 55 and has a mean target at $64.97. Given that the stocks previous close was at $56.74 this now indicates there is a potential upside of 14.5%. Also worth taking note is the 50 day moving average now sits at $50.82 and the 200 moving average now moves to $47.78. The market cap for the company is $25,876m. You can visit the company’s website by visiting: https://www.agnicoeagle.com
The potential market cap would be $29,629m based on the market consensus.
Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Australia, Mexico, and Finland. The company primarily produces and sells gold deposits, as well as explores for silver, zinc, and copper deposits. Its flagship property comprises 100% owned LaRonde mine located in the Abitibi region of northwestern Quebec, Canada. It is also involved in exploration and development activities in Canada, Europe, Latin America, Australia, and the United States. Agnico Eagle Mines Limited was incorporated in 1953 and is headquartered in Toronto, Canada.
The company has a dividend yield of 2.82% with the ex dividend date set at 31-5-2023 (DMY).
Other points of data to note are a P/E ratio of 37.02, revenue per share of 13.12 and a 5.28% return on assets.
