Movement Alert｜Agnico Eagle Mines Falls 3.08% in Regular Trading, CIBC Cuts Target Price Amid Gold Sector Weakness

Market Focus07-16 22:26

On July 16, Agnico Eagle Mines declined 3.08% in regular trading, trading at $137.81/share, with turnover of $63.06 million.

On the news front, CIBC Capital Markets analyst Anita Soni lowered the price target on Agnico Eagle Mines to $285 from $310, marking the latest in a series of institutional downgrades. Previously, RBC Capital cut its target from $230 to $210, BofA Securities reduced its target from $302 to $240, and UBS lowered its target from $210 to $170. The downgrades follow the company's early July announcement that it temporarily suspended mining operations at the Barnat open pit of its Canadian Malartic complex due to a rock mass movement, with H2 production expected to decline by 60,000 to 80,000 ounces of gold, pushing full-year output toward the lower end of its 3.3–3.5 million ounce guidance range.

The broader gold sector saw collective selling pressure, with Coeur Mining down 4.65%, Wheaton Precious Metals down 3.44%, Barrick Mining down 3.05%, and Kinross down 3.06%, amplifying downside momentum across the group.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1181066935?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-16 22:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1181066935","market":"hk","top_or_hot":-1,"title":"Movement Alert｜Agnico Eagle Mines Falls 3.08% in Regular Trading, CIBC Cuts Target Price Amid Gold Sector Weakness","media":"Market Focus","content":"<p><p>On July 16, Agnico Eagle Mines declined 3.08% in regular trading, trading at $137.81/share, with turnover of $63.06 million.</p><p>On the news front, CIBC Capital Markets analyst Anita Soni lowered the price target on Agnico Eagle Mines to $285 from $310, marking the latest in a series of institutional downgrades. Previously, RBC Capital cut its target from $230 to $210, BofA Securities reduced its target from $302 to $240, and UBS lowered its target from $210 to $170. The downgrades follow the company's early July announcement that it temporarily suspended mining operations at the Barnat open pit of its Canadian Malartic complex due to a rock mass movement, with H2 production expected to decline by 60,000 to 80,000 ounces of gold, pushing full-year output toward the lower end of its 3.3–3.5 million ounce guidance range.</p><p>The broader gold sector saw collective selling pressure, with Coeur Mining down 4.65%, Wheaton Precious Metals down 3.44%, Barrick Mining down 3.05%, and Kinross down 3.06%, amplifying downside momentum across the group.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜Agnico Eagle Mines Falls 3.08% in Regular Trading, CIBC Cuts Target Price Amid Gold Sector Weakness</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜Agnico Eagle Mines Falls 3.08% in Regular Trading, CIBC Cuts Target Price Amid Gold Sector Weakness\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-07-16 22:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On July 16, Agnico Eagle Mines declined 3.08% in regular trading, trading at $137.81/share, with turnover of $63.06 million.</p><p>On the news front, CIBC Capital Markets analyst Anita Soni lowered the price target on Agnico Eagle Mines to $285 from $310, marking the latest in a series of institutional downgrades. Previously, RBC Capital cut its target from $230 to $210, BofA Securities reduced its target from $302 to $240, and UBS lowered its target from $210 to $170. The downgrades follow the company's early July announcement that it temporarily suspended mining operations at the Barnat open pit of its Canadian Malartic complex due to a rock mass movement, with H2 production expected to decline by 60,000 to 80,000 ounces of gold, pushing full-year output toward the lower end of its 3.3–3.5 million ounce guidance range.</p><p>The broader gold sector saw collective selling pressure, with Coeur Mining down 4.65%, Wheaton Precious Metals down 3.44%, Barrick Mining down 3.05%, and Kinross down 3.06%, amplifying downside momentum across the group.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AEM","symbol_name":"伊格尔矿业","start_time":0,"source_url":"","article_id":"1181066935","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1181066935","pubTimestamp":1784212002,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On July 16, Agnico Eagle Mines declined 3.08% in regular trading, trading at $137.81/share, with turnover of $63.06 million.On the news front, CIBC Capital Markets analyst Anita Soni lowered the...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AEM":"伊格尔矿业"},"translate_title":"走势警报|Agnico Eagle Mines 常规交易中下跌 3.08%，CIBC 因黄金行业疲软下调目标价","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AEM":1},"content_text":"On July 16, Agnico Eagle Mines declined 3.08% in regular trading, trading at $137.81/share, with turnover of $63.06 million.On the news front, CIBC Capital Markets analyst Anita Soni lowered the price target on Agnico Eagle Mines to $285 from $310, marking the latest in a series of institutional downgrades. Previously, RBC Capital cut its target from $230 to $210, BofA Securities reduced its target from $302 to $240, and UBS lowered its target from $210 to $170. The downgrades follow the company's early July announcement that it temporarily suspended mining operations at the Barnat open pit of its Canadian Malartic complex due to a rock mass movement, with H2 production expected to decline by 60,000 to 80,000 ounces of gold, pushing full-year output toward the lower end of its 3.3–3.5 million ounce guidance range.The broader gold sector saw collective selling pressure, with Coeur Mining down 4.65%, Wheaton Precious Metals down 3.44%, Barrick Mining down 3.05%, and Kinross down 3.06%, amplifying downside momentum across the group.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1181066935","isCrawlerRequest":true}