Agnico Eagle Mines Limited with ticker code (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 100.64 and 73.46 calculating the mean target price we have 85.23. Given that the stocks previous close was at 44.16 this would imply there is a potential upside of 93.0%. There is a 50 day moving average of 45.41 and the 200 moving average now moves to 52.3. The market capitalisation for the company is $20,008m. Visit the company website at: https://www.agnicoeagle.com
The potential market cap would be $38,616m 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.
