This afternoon we watched Agnico Eagle Mines rise 2.1% to a price of $48.83 per share. The large-cap Silver company is now trading -25.2% below its average target price of $65.27. Analysts have set target prices ranging from $55.0 to $72.0 per share for Agnico Eagle Mines, and have given the stock an average rating of buy.
Agnico Eagle Mines's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.6%. The stock's short ratio is 2.53. The company's insiders own 0.11% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 67.3%. In conclusion, we believe there is mixed market sentiment regarding Agnico Eagle Mines.
Institutions Invested in Agnico Eagle Mines
|2023-09-30||Van Eck Associates Corporation||4%||21,063,883||$1,028,444,103|
|2023-09-30||Vanguard Group Inc||3%||17,224,538||$840,988,080|
|2023-09-30||Royal Bank of Canada||3%||15,736,022||$768,311,286|
|2023-09-30||Massachusetts Financial Services Co.||3%||13,794,968||$673,539,323|
|2023-09-30||Deutsche Bank Aktiengesellschaft||3%||13,177,528||$643,392,814|
|2023-09-30||Bank of Montreal/Can/||2%||10,400,608||$507,809,693|
|2023-09-30||Mackenzie Financial Corporation||2%||9,770,139||$477,027,044|
|2023-09-30||Capital World Investors||2%||8,655,279||$422,594,003|
|2023-09-30||Manufacturers Life Insurance Co.||2%||8,380,993||$409,201,989|