RBC Capital Upgrades Agnico Eagle Mines to Outperform, Lowers Price Target to $63
RBC Capital analyst Josh Wolfson upgrades Agnico Eagle Mines (NYSE:AEM) from Sector Perform to Outperform and lowers the price target from $68 to $63.
Why KeyBanc Initiates Coverage On Precious Metals
Real interest rates are likely to turn “increasingly negative” given the massive global debt outstanding and gold prices are inversely correlated with real rates, according to KeyBanc Capital Markets.
Keybanc Initiates Coverage On Agnico Eagle Mines with Sector Weight Rating
Keybanc analyst Adam Josephson initiates coverage on Agnico Eagle Mines (NYSE:AEM) with a Sector Weight rating.
BofA Cuts Precious Metal Price Targets, Names Top Stock Picks
Bank of America has lowered its price forecasts for gold, silver and copper and cut price targets for several of its top precious metal stock picks.
The Analyst: Bank of America analyst Michael Jalonen lowered price targets for 18 precious metal stocks, including the following names:
Agnico Eagle Announces $6M Investment in Candelaria Mining Corp.
Agnico Eagle Mines Limited (NYSE:AEM) (TSX:AEM) ("Agnico Eagle") announced today that it has agreed to subscribe for 13,333,333 units ("Units") of Candelaria Mining Corp. (TSXV:CAND)
Unusual Options Activity Insight: Agnico Eagle Mines
On Tuesday, shares of Agnico Eagle Mines (NYSE:AEM) saw unusual options activity. After the option alert, the stock price moved up to $64.21.
Mid-Morning Market Update: Markets Open Higher; Mastercard Profit Beats Estimates
Following the market opening Thursday, the Dow traded up 0.44% to 35,085.92 while the NASDAQ rose 0.27% to 14,802.51. The S&P also rose, gaining 0.45% to 4,420.49.