Agnico Eagle Mines Limited with ticker code (AEM) have now 16 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 68 and 50 calculating the average target price we see 63.88. With the stocks previous close at 54.96 this would indicate that there is a potential upside of 16.2%. The day 50 moving average is 53.24 and the 200 day moving average is 48.37. The market cap for the company is $23,909m. Company Website: https://www.agnicoeagle.com
The potential market cap would be $27,790m 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.
