5 Best Mineral Stocks To Buy Now

3. Agnico Eagle Mines Limited (NYSE:AEM)

Number of Hedge Fund Investors In Q3 2023: 38

Agnico Eagle Mines Limited (NYSE:AEM) is a Canadian gold mining company with a global operations base. While the firm has beaten analyst EPS estimates in only two out of its four latest quarters, the stock is rated Strong Buy on average and analysts have set an average share price target of $65.43.

Insider Monkey took a look at 910 hedge fund portfolios for their September quarter of 2023 shareholdings and found that 38 had bought and owned Agnico Eagle Mines Limited (NYSE:AEM)’s shares. Out of these, the largest shareholder was Jean-Marie Eveillard’s First Eagle Investment Management due to its $283 million investment.

Follow Agnico Eagle Mines Ltd (NYSE:AEM)