It’s official. AEM’s market capitalization raced past the $1 billion mark after AEM share price stormed past $4.00 following the release of a stellar 1HFY2020 result. Question now is: will AEM share price hit $5.00 in the coming days? This is the stock price that would take the market capitalization of AEM to USD1 billion, a level that would pave the way for a Nasdaq listing. Is this stock worth $10 in the long-run?
The comeback of AEM share price is certainly impressive as it came on the back of the epic Intel fiasco. The US chip maker had recently announced a six-month delay in its 7-nm chips.