Analyst Price Target is C$89.10
▲ +52.05% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Agnico Eagle Mines in the last 3 months. The average price target is C$89.10, with a high forecast of C$122.00 and a low forecast of C$63.00. The average price target represents a 52.05% upside from the last price of C$58.60.
Current Consensus is
The current consensus among 8 polled investment analysts is to buy stock in Agnico Eagle Mines. This Buy consensus rating has held steady for over two years.
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.