According to The Fly, the Materials sector company, Agnico Eagle Mines (AEM), has received a rating update from a Wall Street analyst on December 12. Analyst Stephen Walker from RBC Capital rated Agnico Eagle Mines (AEM) a Buy on December 12.
According to TipRanks.com, Walker is a 3-star analyst with an average return of 1.7% and a 43.5% success rate. Walker covers the Basic Materials sector, focusing on stocks such as Newmont Mining Corporation, Novagold Resources Inc New, and Teck Resources Limited.
Agnico Eagle Mines has an analyst consensus of Strong Buy, with a price target consensus of C$55.63.
The company has a one-year high of C$62.80 and a one-year low of C$42.35. Currently, Agnico Eagle Mines has an average volume of 965.6K.
Agnico Eagle Mines Ltd. engages in the exploration, development, sale, and production of gold mineral properties. The company was founded by Paul Penna on June 1, 1972 and is headquartered in Toronto, Canada.
The company’s shares closed on Thursday at C$53.45.
