Agnico Eagle Mines Limited – Consensus Indicates Potential 82.9% Upside

Broker Ratings
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Agnico Eagle Mines Limited found using ticker (AEM) have now 12 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 123.5 and 75.47 calculating the average target price we see 94.67. With the stocks previous close at 51.76 this is indicating there is a potential upside of 82.9%. The day 50 moving average is 51.93 and the 200 day MA is 58.94. The market cap for the company is $12,628m. Find out more information at: https://www.agnicoeagle.com

The potential market cap would be $23,096m 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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