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-0.000152353867249003 -0.000152353867249003 0.00137118480524103 0.000558630846579725 0.000457061601747008 0.00147275405007374 0.000355492356914436 -0.0156924483266466
Stock impact report

Agnico Eagle Mines Limited (AEM) Rating Cut at Erste Group From Buy to Hold Amid Margin Pressure [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
TheFly reported on March 24 that Erste Group reduced its rating on AEM from Buy to Hold. The firm cited the recent decline in gold prices, which is expected to compress the company's operating margins. Erste Group also indicated that AEM's current profit projections appear overly optimistic given the market conditions. Separately, on March 4, Agnico Eagle Mines Limited (NYSE:AEM) finalized an agreement with Vior Gold for the sale of a full interest in the Kinebik, Peacock, and Launay properties in Quebec's Abitibi Greenstone Belt. Under the terms, Vior Gold will issue over 45 million common shares, equivalent to 9.9% of its outstanding shares, and pay AEM C$750,000 in cash. Closing is anticipated in Q1 2027, pending standard conditions and TSX Venture Exchange approval. Agnico Eagle Mines Limited (AEM) Rating Cut at Erste Group From Buy to Hold Amid Margin Pressure Additionally, AEM will receive a 2% Net Smelter Return royalty on properties free of existing royalties, with a 1% Show less Read more
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