Analyst Actions: Agnico-Eagle Mines Keeps Market Perform,

Agnico Eagle: 3 mines operating & 3 new gold mines soon.

Gold production to double to 590,000 ounces in 2009, double again to 1.2 million ounces in 2010.

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Analyst Actions: Agnico-Eagle Mines Keeps Market Perform,

posted on Feb 16, 2017 11:12AM

$46 Target Price at BMO Capital

2017-02-16 11:06:00 AM ET (MT Newswires)

11:06 AM EST, 02/16/2017 (MT Newswires) -- Agnico-Eagle Mines (AEM.TO) tumbled in recent trade after BMO Capital reiterated its market perform rating and target price of $46.

BMO said Agnico remains an exploration-geared senior gold miner. Success at any one of a number of brown and greenfield projects could provide a catalyst to review its rating, the broker added.

BMO's EPS forecasts go down to for $0.73 2017 but rise to $1.23 for 2018.

The stock moves at the top half of 52-week range $44.07 - $78.35.

Price: 62.00 , Change: -2.58 , Percent Change: -4.0

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