Agnico Eagle Mines Limited with ticker code (AEM) now have 16 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 69 and 55 suggesting an average Analsyt target price of $61.66. Now with the previous closing price of $48.17 and the analysts are correct then we can expect a percentage increase in value of 28.0%. The 50 day moving average now sits at $51.27 and the 200 moving average now moves to $47.30. The company has a market capitalization of $23,207m. Find out more information at: https://www.agnicoeagle.com
The potential market cap would be $29,706m based on the market consensus.
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.
The company has a dividend yield of 3.32% with the ex dividend date set at 31-5-2023 (DMY).
Other points of data to note are a P/E ratio of 31.38, revenue per share of 13.12 and a 5.12% return on assets.
