Agnico Eagle Mines Limited with ticker code (AEM) now have 16 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 67 and 50 with a mean TP of 62.17. With the stocks previous close at 55.19 this is indicating there is a potential upside of 12.6%. The day 50 moving average is 50.43 while the 200 day moving average is 48.92. The market cap for the company is $25,510m. Visit the company website at: https://www.agnicoeagle.com
The potential market cap would be $28,736m based on the market concensus.
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.
