Agnico Eagle Mines Ltd Has Another Very Weak Trading Session

 Agnico Eagle Mines Ltd Has Another Very Weak Trading Session

The stock of Agnico Eagle Mines Ltd (TSE:AEM) is a huge mover today! About 101,855 shares traded hands. Agnico Eagle Mines Ltd (TSE:AEM) has risen 10.04% since April 25, 2016 and is uptrending. It has outperformed by 4.78% the S&P500.
The move comes after 6 months negative chart setup for the $12.84 billion company. It was reported on Nov, 29 by Barchart.com. We have $52.68 PT which if reached, will make TSE:AEM worth $642.00 million less.

Agnico Eagle Mines Ltd (TSE:AEM) Ratings Coverage

Out of 10 analysts covering Agnico Eagle Mines (TSE:AEM), 5 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 50% are positive. $90 is the highest target while $26 is the lowest. The $55.59 average target is 0.25% above today’s ($55.45) stock price. Agnico Eagle Mines has been the topic of 27 analyst reports since July 22, 2015 according to StockzIntelligence Inc. TD Securities maintained Agnico Eagle Mines Ltd (TSE:AEM) on Friday, July 22 with “Hold” rating. The firm earned “Outperform” rating on Friday, July 24 by IBC. As per Wednesday, July 22, the company rating was upgraded by HSBC. The company was maintained on Wednesday, November 23 by RBC Capital Markets. The stock has “Outperform” rating given by RBC Capital Markets on Monday, October 26. The firm earned “Outperform” rating on Tuesday, November 22 by Scotia Capital. The stock of Agnico Eagle Mines Ltd (TSE:AEM) has “Sector Perform” rating given on Monday, September 19 by RBC Capital Markets. On Tuesday, October 25 the stock rating was upgraded by Raymond James to “Outperform”. The stock of Agnico Eagle Mines Ltd (TSE:AEM) has “Sector Perform” rating given on Tuesday, October 25 by RBC Capital Markets. TD Securities maintained it with “Hold” rating and $61 target price in Friday, November 18 report.

More news for Agnico Eagle Mines Ltd (TSE:AEM) were recently published by: Forbes.com, which released: “Relative Strength Alert For Agnico Eagle Mines (AEM)” on November 11, 2016. Prnewswire.com‘s article titled: “Technical Reports on Basic Materials Equities — Agnico Eagle Mines, Timmins …” and published on November 23, 2016 is yet another important article.

Agnico Eagle Mines Limited is a gold producer with mining activities in northwestern Quebec, northern Mexico, northern Finland and Nunavut and exploration activities in Canada, Europe, Latin America and the United States. The company has a market cap of $12.84 billion. The Firm operates through three business units. It has a 116.48 P/E ratio. The Northern Business consists of its activities in Canada and Finland.

AEM.TO Company Profile

Agnico Eagle Mines Limited (Agnico Eagle), incorporated on June 1, 1972, is a gold producer with mining activities in northwestern Quebec, northern Mexico, northern Finland and Nunavut and exploration activities in Canada, Europe, Latin America and the United States. The Firm operates through three business units: Northern Business, Southern Business and Exploration. The Company’s Northern Business consists of the Company’s activities in Canada and Finland. The Company’s Canadian properties include the LaRonde mine, the Lapa mine, the Goldex mine, the Meadowbank mine and the Meliadine project, each of which is held directly by the Company, and an interest in the Canadian Malartic Mine, which is held indirectly through a subsidiary of the Company and Canadian Malartic Corporation. The Company’s activities in Finland are conducted through its indirect subsidiary, Agnico Eagle Finland Oy, which owns the Kittila mine. The Company’s Southern Business consists of the Company’s activities in Mexico. The Company’s Pinos Altos mine, including the Creston Mascota deposit, is held through its subsidiary, Agnico Eagle Mexico S.A. de C.V. The La India mine is owned by the Company’s indirect subsidiary, Agnico Sonora, S.A. de C.V.

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