Agnico Eagle Mines Limited which can be found using ticker (AEM) have now 17 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 71 and 55 with the average target price sitting at $63.06. Given that the stocks previous close was at $59.28 this now indicates there is a potential upside of 6.4%. The day 50 moving average is $50.44 and the 200 moving average now moves to $47.52. The company has a market capitalization of $26,780m. Visit the company website at: https://www.agnicoeagle.com
The potential market cap would be $28,488m 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 2.74% with the ex dividend date set at 31-5-2023 (DMY).
Other points of data to note are a P/E ratio of 38.14, revenue per share of 13.12 and a 5.28% return on assets.
