BARRICK REQUIRES NEWMONT'S CONSENT FOR NORTH AMERICA DIVESTITURE, SEC FILINGS REVEAL
Written by Emily J. Thompson, Senior Investment Analyst
Source: moomoo
BARRICK NEEDS NEW MONT APPROVAL: Barrick Gold Corporation is seeking approval for its North America spin-off, which is crucial for its future operations and strategic plans.
SEC DOCUMENTS REVEAL STRATEGY: Recent SEC filings provide insights into Barrick's strategy and the importance of the new approval for the company's growth and restructuring efforts.
Analyst Views on AEM
Wall Street analysts forecast AEM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AEM is 184.54 USD with a low forecast of 1.60 USD and a high forecast of 231.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
7 Buy
4 Hold
1 Sell
Moderate Buy
Current: 215.410
Low
1.60
Averages
184.54
High
231.00
Current: 215.410
Low
1.60
Averages
184.54
High
231.00
About AEM
Agnico Eagle Mines Limited is a Canada-based and led senior gold mining company engaged in producing precious metals from operations in Canada, Australia, Finland and Mexico, with a pipeline of exploration and development projects. Its operations include Canadian Malartic Complex, Detour Lake, Fosterville, Goldex, Kittila, La India, LaRonde Complex, Macassa, Meadowbank Complex, Meliadine and Pinos Altos. Its exploration sites include Barsele, Delta, Dubuisson, El Barqueno, Hammond Reef, Hope Bay, Jennings, Morelos Sur, North Madsen, Northern Territory, Pandora/Wood-Pandora, and others. The Canadian Malartic complex is located in the town of Malartic, 25 kilometers (km) west of Val-d’Or in northwestern Quebec. The Fosterville mine is a high-grade, low-cost underground gold mine, located 20 km from the city of Bendigo. It also owns a 100% interest in all its properties (128,680 hectares) in Quebec. Its projects also include Marban Alliance, Horizon, Alpha, Launay, Peacock, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
