Dahlman Rose provided color on Agnico-Eagle Mines AEM in a research report published today. Dahlman Rose has previously given Agnico-Eagle Mines a Hold rating.
In the report, Dahlman Rose states, "With a fully recovered Meadowbank, Agnico-Eagle is back on track and aims to produce 1.08-1.15MM oz of Au in 2011. Management focuses heavily on exploration to expand mineralization within key assets."
Shares of Agnico-Eagle Mines closed today at $66.72, down 4.11% from Friday's market close.
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