Agnico Eagle Mines traded at 259.22 this Wednesday May 6th, increasing 16.02 or 6.59 percent since the previous trading session. Looking back, over the last four weeks, Agnico Eagle Mines gained 10.85 percent. Over the last 12 months, its price rose by 59.67 percent. Looking ahead, we forecast Agnico Eagle Mines to be priced at 244.58 by the end of this quarter and at 229.91 in one year, according to Trading Economics global macro models projections and analysts expectations.
Agnico Eagle Mines Limited (Agnico Eagle) is an international gold producer with operating mines in Canada, Finland and Mexico and exploration and development activities in each of these countries as well as in the United States and Sweden. The Company operates through three business units: Northern Business, Southern Business and Exploration. Northern Business is comprised of the Company's operations in Canada and Finland. The Company's Canadian properties include the LaRonde Complex, the Goldex mine, the Meadowbank Complex and the Meliadine mine. The Company's Southern Business is comprised of the Company's operations in Mexico. The Company's Exploration group focuses primarily on the identification and evaluation of new mineral reserves and mineral resources and new development opportunities in gold producing regions. Its exploration activities are concentrated in Canada, the United States, Mexico, Finland and Sweden.