▲ +33.36% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Agnico Eagle Mines in the last 3 months. The average price target is $86.13, with a high forecast of $115.00 and a low forecast of $72.00. The average price target represents a 33.36% upside from the last price of $64.58.
The current consensus among 10 investment analysts is to buy stock in Agnico Eagle Mines. This rating has held steady since January 2020, when it changed from a Hold consensus rating.
Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, 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, 2019, its LaRonde mine had a mineral reserve of approximately 2.9 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 founded in 1953 and is headquartered in Toronto, Canada.