Agnico Eagle Mines Limited with ticker code (AEM) now have 16 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 67 and 50 with the average target price sitting at 61.72. Given that the stocks previous close was at 54.53 this would indicate that there is a potential upside of 13.2%. The 50 day MA is 49.41 and the 200 day MA is 49.08. The market cap for the company is $25,402m. You can visit the company’s website by visiting: https://www.agnicoeagle.com
The potential market cap would be $28,751m 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.
