Agnico Eagle Mines Limited with ticker code (AEM) now have 12 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 124.82 and 76.12 with a mean TP of 93.52. With the stocks previous close at 48.14 this would imply there is a potential upside of 94.3%. There is a 50 day moving average of 50.3 and the 200 moving average now moves to 58.01. The market cap for the company is $11,867m. You can visit the company’s website by visiting: https://www.agnicoeagle.com
The potential market cap would be $23,053m 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.
