Agnico Eagle Mines Limited – Consensus Indicates Potential 62.5% Upside

Broker Ratings
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Agnico Eagle Mines Limited found using ticker (AEM) have now 13 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 125.25 and 76.17 calculating the mean target price we have 91.23. With the stocks previous close at 56.15 this would indicate that there is a potential upside of 62.5%. The day 50 moving average is 50.61 and the 200 moving average now moves to 57.29. The market cap for the company is $25,046m. You can visit the company’s website by visiting: https://www.agnicoeagle.com

The potential market cap would be $40,693m 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, zinc, 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 incorporated in 1953 and is headquartered in Toronto, Canada.

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