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Stock impact report

Atacama Acquisition Puts Focus On Agnico Eagle Macassa Valuation And Momentum [Yahoo! Finance]

Agnico Eagle Mines Limited (AEM) 
Last agnico eagle mines limited earnings: 4/30 05:07 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Atacama Resources International has acquired a mineral property near Agnico Eagle Mines' Macassa Mine. The company plans comprehensive exploration work on this newly acquired ground. The proximity to Macassa raises questions about future regional activity, access to resources, and competitive dynamics. Agnico Eagle Mines (NYSE:AEM), trading at about $251.6, sits in the spotlight as this new property changes the picture around its Macassa operation. The stock has seen strong recent moves, with shares up 10.2% over the past week, 32.1% over the past month, and 47.6% year to date. Over the past year, the return is 163.5%, and over five years it is very large, reflecting the close attention investors are paying to developments around key assets such as Macassa. For investors, Atacama's move could be important if it results in more joint exploration work, shifting c Show less Read more
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