Agnico Eagle Mines Limited (AEM) Shares are Down -6.63%

Agnico Eagle Mines Limited (AEM) : During the past 4 weeks, traders have been relatively bearish on Agnico Eagle Mines Limited (AEM), hence the stock is down -9.65% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -6.01% relative to the S&P 500. The 4-week change in the price of the stock is -9.84% and the stock has fallen -6.63% in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 8.78% and the fifty day Moving Average is 4.93%. Agnico Eagle Mines Limited is up 18.76% in the last three month period. Year-to-Date the stock performance stands at 100.27%.

Agnico Eagle Mines Limited (AEM) : The most positive equity analysts on Agnico Eagle Mines Limited (AEM) expects the shares to touch $68, whereas, the least positive believes that the stock will trade at $37 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $58.3 with an expected fluctuation of $10.18 from the mean.


Agnico Eagle Mines Limited (NYSE:AEM): On Fridays trading session , Opening price of the stock was $53.47 with an intraday high of $54.61. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $51.66. However, the stock managed to close at $52.42, a loss of 0.10% for the day. On the previous day, the stock had closed at $52.47. The total traded volume of the day was 1,910,704 shares.

Agnico Eagle Mines Ltd is a Canada-based gold producer. The Company has mining operations in northwestern Quebec, northern Mexico, northern Finland and Nunavut, and exploration activities in Canada, Europe, Latin America and the United States. It operates through three business units: Northern Business, Southern Business and Exploration. Its Northern Business consists of the operations in Canada and Finland, which include the LaRonde mine, the Lapa mine, the Goldex mine, the Meadowbank mine and the Meliadine project. Its Southern Business consists of the Companys operations in Mexico. The Companys mining at Pinos Altos is conducted through its subsidiary, Agnico Eagle Mexico S.A. de C.V., which owns the Pinos Altos mine, including the Creston Mascota deposit. Its Exploration group focuses on the identification of new mineral reserves and resources, and new developments in stable and proven gold producing regions.

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