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Following solid operations YTD, RBC Capital believes Agnico-Eagle Mines (AEM +4.4%) has...

  • Monday, November 19, 2012, 10:43 AM ET
    Following solid operations YTD, RBC Capital believes Agnico-Eagle Mines (AEM +4.4%) has re-established the confidence of investors and merits an upgrade to Outperform from Sector Perform. In terms of positive catalysts, the firm thinks AEM may beat its current 2013 production guidance of 1M oz., though the market likely will begin to price in 20% production growth in 2014.
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