[February 03, 2012] 43.3% Return Seen to Date on SmarTrend Agnico-Eagle Mines Call (AEM) Tweet Feb 03, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Agnico-Eagle Mines (NYSE:AEM) on September 22nd, 2011 at $64.19. In approximately 4 months, Agnico-Eagle Mines has returned 43.26% as of today's recent price of $36.42. Over the past year, Agnico-Eagle Mines has traded in a range of $34.03 to $76.49 and is now at $36.42, 7% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 1% while the 50-day MA has declined 1.7%. Agnico-Eagle Mines Limited is a gold producer with operations primarily in Quebec, Canada. The Company also conducts exploration and development activities in Ontario, Canada, and Nevada in the United States. Agnico-Eagle's gold production is primarily from underground mining operations. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Agnico-Eagle Mines. Log in and add Agnico-Eagle Mines (AEM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]