Agnico Eagle Mines Limited – Consensus Indicates Potential 99.3% Upside

Broker Ratings
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Agnico Eagle Mines Limited found using ticker (AEM) now have 13 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 104.27 and 77.67 calculating the average target price we see 90.21. Given that the stocks previous close was at 45.27 this would indicate that there is a potential upside of 99.3%. There is a 50 day moving average of 52.14 and the 200 day moving average is 53.96. The market cap for the company is $20,584m. Visit the company website at: https://www.agnicoeagle.com

The potential market cap would be $41,018m 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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