AEM shown close to 500% gains in year 2017, with the top stock price rallying from $0.13 to $0.83. Earlier this year, we mentioned the top 3 hot stocks with the highest returns in 2017, with AEM as considered one of them. One of our users even made a million dollar holding AEM since vested 3 years ago before closing his position in Feb 2018, we have mentioned him in this post.

CGS-CIMB downgraded AEM to a target price of $0.69 from $1.19, on 31 Jul 2018.  As of 10.33am, AEM was trading down 22.1 per cent, or 22 Singapore cents, to 77.5 Singapore cents apiece, amid heavy volume of some 18.9 million shares. That put it among the most active stocks.

The company’s stock has erased nearly all the gains it has seen since the start of