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 115.78 and 76.4 and has a mean target at 89.33. Now with the previous closing price of 52 this is indicating there is a potential upside of 71.8%. The 50 day moving average now sits at 50.97 and the 200 moving average now moves to 56.97. The company has a market capitalisation of $23,525m. Company Website: https://www.agnicoeagle.com
The potential market cap would be $40,412m 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.
