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Agnico Eagle Mines Limited (AEM) Just Got Our Attention

Agnico Eagle Mines Limited (NYSE:AEM) went up by 1.65% from its latest closing price compared to the recent 1-year high of $67.14. The company’s stock price has collected 5.02% of gains in the last five trading sessions. Barron’s reported on 09/28/21 that Gold Miners Agnico Eagle Mines and Kirkland Lake to Merge. Both Stocks Fall.

Is It Worth Investing in Agnico Eagle Mines Limited (NYSE :AEM) Right Now?

Agnico Eagle Mines Limited (NYSE:AEM) scored a price-to-earnings ratio above its average ratio, recording 38.68 x from its present earnings ratio. Plus, the 36-month beta value for AEM is at 0.77. Opinions of the stock are interesting as 11 analysts out of 15 who provided ratings for Agnico Eagle Mines Limited declared the stock was a “buy,” while 3 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”

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AEM currently public float of 455.46M and currently shorts hold a 2.74% ratio of that float. Today, the average trading volume of AEM was 3.00M shares.

AEM’s Market Performance

AEM stocks went up by 5.02% for the week, with a monthly jump of 9.60% and a quarterly performance of 33.09%, while its annual performance rate touched 12.64%. The volatility ratio for the week stands at 2.52% while the volatility levels for the past 30 days are set at 2.39% for Agnico Eagle Mines Limited. The simple moving average for the period of the last 20 days is 5.59% for AEM stocks with a simple moving average of 17.60% for the last 200 days.

AEM Trading at 10.95% from the 50-Day Moving Average

After a stumble in the market that brought AEM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.63% of loss for the given period.

Volatility was left at 2.39%, however, over the last 30 days, the volatility rate increased by 2.52%, as shares surge +10.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +29.74% upper at present.

During the last 5 trading sessions, AEM rose by +5.02%, which changed the moving average for the period of 200-days by -8.68% in comparison to the 20-day moving average, which settled at $54.56. In addition, Agnico Eagle Mines Limited saw 10.25% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for AEM

Equity return is now at value 4.20, with 2.80 for asset returns.