Stocks to Watch: Agnico Eagle Mines Limited (TSX:AEM) Down -1.98%

At close of market on Wednesday, Agnico Eagle Mines Limited (TSX:AEM) stock finished trading at -1.98%, bringing the stock price to $55.89 on the Toronto Stock Exchange. The stock price saw a low of $55.55 and a high of $56.90.

The company’s stock was traded 6,936 times with a total of 854,488 shares traded.

Agnico Eagle Mines Limited has a market cap of $13.14 billion, with 235.09 million shares in issue.

Agnico-Eagle Mines is a gold miner operating mines in Canada, Mexico, and Finland. It also owns 50% of the Canadian Malartic mine. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines on line in rapid succession in the following years. The company produced roughly 1.6 million gold ounces in 2018. Agnico-Eagle is focused on increasing gold production in lower-risk jurisdictions.

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