RY 133.62 0.2325% TD 80.66 0.3608% SHOP 96.69 -2.3432% CNR 170.96 1.5503% ENB 49.46 1.228% CP 112.45 0.196% BMO 126.9 -0.2672% TRI 208.55 -0.2583% CNQ 106.0 0.5406% BN 54.95 -1.0267% ATD 77.31 -0.3609% CSU 3649.3 -1.2892% BNS 63.12 -1.5596% CM 64.92 -0.3683% SU 54.025 0.4369% TRP 49.43 0.5288% NGT 59.66 12.8428% WCN 226.31 -0.593% MFC 31.94 -0.6532% BCE 44.92 -0.817%

blue-chip

One NYSE– Listed Gold Stock at Resistance Levels: Agnico Eagle Mined Limited

Mar 14, 2024 | Team Kalkine
One NYSE– Listed Gold Stock at Resistance Levels: Agnico Eagle Mined Limited

AEM:NYSE
Investment Type
Large-cap
Risk Level
Action
Rec. Price (US$)

Agnico Eagle Mines Limited

Company Overview: Agnico Eagle Mines Limited (NYSE: AEM) is a Canada-based gold mining company, which is engaged in producing precious metals from operations in Canada, Australia, Finland and Mexico. The Company's exploration site includes Anza, Barsele, Delta, Douay/Joutel, Kirkland Lake Regional, Kuotko, Monument Bay and others. Its operations include Canadian Malartic Complex, Detour Lake, Fosterville, Goldex, Kittila, La India, and others.

As per our previous US Dividend Income report published on ‘AEM’ on 14th February 2024, Kalkine provided a ‘Buy’ stance on the stock at USD 44.98 based on “decent fundamentals, associated risk, impressive dividend yield, improved outlook and valuation and the stock price has now moved by ~23.94% since then and the price has achieved resistance 1 and resistance 2 level.

Noted below are the details of support and resistance levels provided in our previous report:

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