Bank of Nova Scotia Adds $62M in Agnico Eagle Mines Limited ($AEM)
Key Points
- Bank of Nova Scotia changed its Agnico Eagle Mines Limited ($AEM) stake by 36.0% last quarter, boosting to 1,475,764 shares worth $234.62 million.
- Wall Street's consensus rating on $AEM is Buy and an average price target of $249.60.
- $AEM last traded around $158.99.
Bank of Nova Scotia increased its position in Agnico Eagle Mines Limited ($AEM) by 36.0% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,475,764 shares of Agnico Eagle Mines Limited after buying 390,875 shares during the quarter. Bank of Nova Scotia's holdings in Agnico Eagle Mines Limited were worth $234.62 million as of its most recent filing.
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About Agnico Eagle Mines Limited
Agnico Eagle Mines Limited, a gold mining company, engages in the exploration, development, and production of precious metals. It explores for gold, silver, copper, and zinc. The company's mines are located in Canada, Australia, Finland, and Mexico; and with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States. Agnico Eagle Mines Limited was incorporated in 1953 and is headquartered in Toronto, Canada.
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