Neuberger Berman Group Reduces $67M in Agnico Eagle Mines Limited ($AEM)
Key Points
- Neuberger Berman Group changed its Agnico Eagle Mines Limited ($AEM) stake by 22.2% last quarter, cutting to 1,489,126 shares worth $236.75 million.
- Wall Street's consensus rating on $AEM is Buy and an average price target of $249.60.
- $AEM last traded around $158.99.
Neuberger Berman Group reduced its position in Agnico Eagle Mines Limited ($AEM) by 22.2% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,489,126 shares of Agnico Eagle Mines Limited after selling 424,472 shares during the quarter. Neuberger Berman Group's holdings in Agnico Eagle Mines Limited were worth $236.75 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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