Agnico Eagle Mines Limited announced a strategic acquisition of O3 Mining Inc., offering $1.67 per share in a deal valued at approximately $204 million. This transaction, endorsed by O3 Mining’s board and significant shareholders,

Agnico Eagle Mines AEM has outperformed the market over the past 10 years by 1.05% on an annualized basis producing an average annual return of 12.15%. Currently, Agnico Eagle Mines has a market capitalization of $39.61 billion.

Agnico Eagle Mines Limited AEM and O3 Mining Inc. jointly announced that Agnico Eagle, through a fully-owned subsidiary, has begun its offer to acquire all of O3 Mining's issued and outstanding common shares that it does not already own,

Whales with a lot of money to spend have taken a noticeably bearish stance on Agnico Eagle Mines. If we consider the specifics of each trade, it is accurate to state that 25% of the investors opened trades with bullish expectations and 50% with bearish.

Agnico Eagle Mines Limited's stock price hasn't risen in the recent months owing to lacklustre gold prices. Learn why AEM stock is a Buy.