Reported about 11 hours ago
Canaccord has raised its price target for Agnico Eagle Mines Limited (AEM) from C$210 to C$215, while maintaining a Buy rating after the company reported strong second-quarter results in 2025. Agnico Eagle's revenue reached $2.82 billion, a 35.61% increase from the previous year, surpassing expectations, and it produced 866,029 ounces of gold at competitive costs. The firm retains its production guidance of 3.3 to 3.5 million ounces for the year.
Source: YAHOO