Agnico Eagle Mines Limited – Consensus Indicates Potential 41.7% Upside

Broker Ratings
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Agnico Eagle Mines Limited found using ticker (AEM) now have 13 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 99.45 and 75.64 calculating the average target price we see 85.51. With the stocks previous close at 60.36 this indicates there is a potential upside of 41.7%. The 50 day moving average now sits at 52.88 and the 200 moving average now moves to 55.93. The company has a market capitalisation of $27,967m. Visit the company website at: https://www.agnicoeagle.com

The potential market cap would be $39,620m based on the market concensus.

Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Sweden, and Finland. The company operates through Northern Business and Southern Business segments. It primarily produces and sells gold deposit, as well as explores for silver, z, and copper deposits. The company’s flagship property is the LaRonde mine located in the Abitibi region of northwestern Quebec, Canada. As of December 31, 2020, its LaRonde mine had a mineral reserve of approximately 3.8 million ounces of gold. The company is also involved in exploration activities in Europe, Latin America, and the United States. Agnico Eagle Mines Limited was orporated in 1953 and is headquartered in Toronto, Canada.

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