Agnico Eagle Mines Limited – Consensus Indicates Potential 82.0% Upside

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Agnico Eagle Mines Limited found using ticker (AEM) now have 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 105.24 and 83.19 and has a mean target at 92.13. Now with the previous closing price of 50.61 this would indicate that there is a potential upside of 82.0%. The day 50 moving average is 60.15 while the 200 day moving average is 55.23. The market capitalisation for the company is $23,077m. Find out more information at: https://www.agnicoeagle.com

The potential market cap would be $42,009m 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.

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