Back to top

Image: Bigstock

Agnico Eagle (AEM) Surges: Stock Moves 5.1% Higher

Read MoreHide Full Article

Agnico Eagle Mines Limited (AEM - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $32.59 to $35.15 in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revisions of one increase and two decreases over the past month, while the Zacks Consensus Estimate has moved lower in the same time period. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Agnico Eagle currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Agnico Eagle Mines Limited Price

Investors interested in the Mining - Gold industry may consider Kirkland Lake Gold Ltd. , which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is AEM going up? Or down? Predict to see what others think:Up or Down

Best Electric Car Stock? You'll Never Guess It.

Zacks Research has released a report that may shock many investors. One stock stands out as the best way to invest in the surge to electric cars. And it's not the one you may think!

Much like petroleum 150 years ago, lithium battery power is set to shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, revenues that were already at $31 billion in 2016 are expected to blast to over $67 billion by the end of 2022.

See Zacks Best EV Stock Free >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Agnico Eagle Mines Limited (AEM) - free report >>

Published in