In trading on Wednesday, shares of Agnico Eagle Mines Ltd (Symbol: AEM) crossed below their 200 day moving average of $45.72, changing hands as low as $45.41 per share. Agnico Eagle Mines Ltd shares are currently trading down about 0.9% on the day. The chart below shows the one year performance of AEM shares, versus its 200 day moving average:
Looking at the chart above, AEM's low point in its 52 week range is $35.051 per share, with $56.08 as the 52 week high point - that compares with a last trade of $45.49.
According to the ETF Finder at ETF Channel, AEM makes up 5.26% of the Gold Miners ETF (Symbol: GDX) which is trading lower by about 1.2% on the day Wednesday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.