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Agnico Eagle Mines Ltd (USA) (NYSE:AEM) has been downgraded to Hold in a statement by Zacks Investment Research today.

Zacks Investment Research has downgraded Agnico Eagle Mines Ltd (USA) (NYSE:AEM) to Hold in a report released on 5/16/2017.

On 05/12/2017, RBC Capital Markets released a statement on Agnico Eagle Mines Ltd (USA) (NYSE:AEM) increased the target price from $58.00 to $63.00 that suggested an upside of 0.30%.

Showing a price of $49.20, Agnico Eagle Mines Ltd (USA) (NYSE:AEM) traded 0.92% higher on the day. The last closing price is up 10.72% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same period. AEM has recorded a 50-day average of $45.39 and a two hundred day average of $44.53. Volume of trade was down over the average, with 959,320 shares of AEM changing hands under the typical 1,839,930

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Agnico Eagle Mines Ltd (USA) (NYSE:AEM)

With a total market value of $0, Agnico Eagle Mines Ltd (USA) has P/E ratio of 54.78 with a 52 week low of $35.05 and a 52 week high of $60.10 .

A total of 19 brokers have issued a research note on Agnico Eagle Mines Ltd (USA). Four brokerages rating the stock a strong buy, 9 firms rating the stock a buy, 7 analysts rating the company a hold, one analyst rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $44.35.

General Company Details For Agnico Eagle Mines Ltd (USA) (NYSE:AEM)

Agnico Eagle Mines Limited is a gold producer with mining operations in northwestern Quebec, northern Mexico, northern Finland and Nunavut and exploration activities in Canada, Europe, Latin America and the United States. The Company operates through three business units. The Northern Business consists of its operations 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, and Canadian Malartic Mine. The operations in Finland include the Kittila mine. The Southern Business consists of its operations in Mexico. Its Pinos Altos mine includes the Creston Mascota deposit. The La India mine is owned by its indirect subsidiary. Its Exploration group focuses on the identification of new mineral reserves and mineral resources, and new development opportunities in gold producing regions. Its exploration activities are concentrated in Canada, Europe, Latin America and the United States.

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