Agnico Eagle Mines Ltd (USA) (NYSE:AEM) – Stock Updates

Boston, MA, 10/29/2013 (nysepost) – In Monday’s trading, Agnico Eagle Mines Ltd (USA) (NYSE:AEM) rose by 1.62%. The opening price of the shares was $31.02, which climbed to an intraday high of $31.96 and dipped to a close of $31.36. Approximately 2.93 million shares were traded on Monday while an average volume of 2.13 million shares were traded over a 30 day period. The 52-week low of Agnico Eagle Mines Ltd (USA) (NYSE:AEM) shares is $23.77 and its 52-week high is $57.35. The company has a market capitalization of $5.44 billion.

About the company

Agnico Eagle Mines Ltd (USA) (NYSE:AEM) was incorporated 1 on June 1972. It is a Canada-based global producer of gold with mining-operations in northern Mexico, northwestern Quebec, Northern Finland & Nunavut and exploration-activities in Europe, Canada, Latin America & the United States. It operates in 4 segments: Europe, Canada, Latin America & Exploration. Agnico Eagle Mines Ltd (USA) (NYSE:AEM)’s mines & mine projects include the Lapa mine, the LaRonde mine, the Goldex mine project, the Kittila mine and  the Pinos Altos mine, the La India mine project and the Meadowbank mine.

Effective 22 March 2013, it acquired a 9.271% stake in Atac Resources. In 2013 April Agnico Eagle Mines Ltd (USA) (NYSE:AEM) acquired an 11.074% stake in Sulliden Gold Corp Ltd. In 2013 May, the company acquired the entire share-capital of Urastar Gold Corp.

The Canada Segment consists of its operations in the Quebec Province and in the Nunavut Territory. Agnico Eagle Mines Ltd (USA) (NYSE:AEM)’s Quebec properties are inclusive of the LaRonde mine, the Goldex mine project and the Lapa mine and. Each of these mines is held directly by it. Agnico Eagle Mines Ltd (USA) (NYSE:AEM)’ operations in the European-Segment are conducted via its indirect subsidiary, Agnico Eagle Finland Oy. This owns the Kittila mine located in Finland. Its Nunavut properties are made up of the Meadowbank mine & the Meliadine project. Both of these are held directly by it

About the Author

Mike Mauney financial reporter NYSE post. Authors have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. This article is for information purposes only, and is neither a solicitation or recommendation to buy nor an offer to sell securities. *NYSE Post does not set price targets on securities. Never invest into a stock discussed on this website unless you can afford to lose your entire investment.