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Agnico-eagle Mines (AEM) [hlAlert]

Rating:
Buy AEM
down 8.59 %

Agnico-eagle Mines (AEM) rated Buy by BofA/Merrill

Posted on: Wednesday,  Aug 12, 2015  10:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy Agnico-eagle Mines (NYSE: AEM) on 08/12/2015, when the stock price was $25.71. Since
then, Agnico-eagle Mines has lost 8.60% as of 01/14/2016's recent price of $23.50.
If you would have followed this BofA/Merrill's recommendation on AEM, you would have lost 8.59% of your investment in 155 days.

Agnico-Eagle Mines Limited (Agnico-Eagle) is a gold producer with mining operations located in northwestern Quebec and northern Finland, mine construction projects in northwestern Quebec, Nunavut and northern Mexico and exploration activities in Canada, Finland, Mexico and the United States. The Company operates through four regional units: the Quebec Region, the European Region, the Mexican Region and the Nunavut Region. The Quebec Region includes the LaRonde Mine, the LaRonde Mine extension project, the Goldex Mine and the Lapa mine project, each of which is held directly by the Company. The Company's operations in the European Region are conducted through its indirect subsidiary, Riddarhyttan Resources AB (Riddarhyttan), which indirectly owns the Kittila Mine in Finland. The Company's operations in the Mexican Region are conducted through its subsidiary, Agnico Eagle Mexico S.A. de C.V., which owns the Pinos Altos mine project.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/12/2015 10:25 AM Buy
None
25.71
as of 8/27/2015
1 Week down  -13.25 %
1 Month down  -8.59 %
3 Months   
1 YTD down  -8.59 %

(*) Stock Price at the time of the recommendation.
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