This evening we watched Agnico Eagle Mines rise 1.8% to a price of $54.53 per share. The large-cap Silver company is now trading -17.44% below its average target price of $66.05. Analysts have set target prices ranging from $55.0 to $75.0 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 2.5%. The stock's short ratio is 4.29. 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 70.4%. In conclusion, we believe there is mixed market sentiment regarding Agnico Eagle Mines.
Institutions Invested in Agnico Eagle Mines
Date Reported | Holder | Percentage | Shares | Value |
---|---|---|---|---|
2023-09-30 | Van Eck Associates Corporation | 4% | 21,063,883 | $1,148,613,514 |
2023-09-30 | FIL LTD | 3% | 17,275,332 | $942,023,832 |
2023-09-30 | Vanguard Group Inc | 3% | 17,224,538 | $939,254,036 |
2023-09-30 | Royal Bank of Canada | 3% | 15,736,022 | $858,085,260 |
2023-09-30 | Massachusetts Financial Services Co. | 3% | 13,794,968 | $752,239,588 |
2023-09-30 | Deutsche Bank Aktiengesellschaft | 3% | 13,177,528 | $718,570,585 |
2023-09-30 | Bank of Montreal/Can/ | 2% | 10,400,608 | $567,145,141 |
2023-09-30 | Mackenzie Financial Corporation | 2% | 9,770,139 | $532,765,667 |
2023-09-30 | Capital World Investors | 2% | 8,655,279 | $471,972,353 |
2023-09-30 | Manufacturers Life Insurance Co. | 2% | 8,380,993 | $457,015,538 |