Agnico Eagle Mines Limited found using ticker (AEM) now have 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 105.6 and 83.47 calculating the average target price we see 92.2. Given that the stocks previous close was at 48.2 this would imply there is a potential upside of 91.3%. There is a 50 day moving average of 54.95 and the 200 day moving average is 54.31. The market cap for the company is $22,430m. You can visit the company’s website by visiting: https://www.agnicoeagle.com
The potential market cap would be $42,905m 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.
