Agnico-Eagle Mines Limited

• Are Gold Stocks Still Attractive?

  By Zain Abbas - May 22, 2013 | Tickers: AEM, GG, IAG

  Gold price crashed from above $1,700/oz to as low as $1,330/oz when the government of Cyprus said that a sale of gold reserves worth 400 million euros was among the options for its contribution toward an international bailout. This obviously had an impact on gold stocks.

  In the ongoing season, many believed that gold-mining companies would cut their guidance for the year given a weak outlook more »

• Is the Newly Introduced Mining Tax in Quebec a Headwind for Gold Stocks?

  By Zain Abbas - May 20, 2013 | Tickers: AEM, GG, IAG

  On Monday, May 6, after the close of market, the Government of the Province of Quebec released its much anticipated proposal to change the mining tax and royalty regime in the Province which is expected to be effective at the beginning of 2014. Under the new proposal, mining companies will pay the greater of a minimum mining tax and a progressive profit tax (see details of tax calculations below).

  In more »

• 3 Gold Mining Stocks To Consider

  By Sammy Pollack - April 10, 2013 | Tickers: AEM, GFI, GG

  Over the past few months, despite the stock market's rally to an all-time high, shares of gold mining companies have been under severe selling pressure. However, at this point, in my opinion, it is time to consider buying some of these beaten down names. In particular, Gold Fields Ltd (NYSE: GFI), Goldcorp (NYSE: GG), and Agnico Eagle Mines Ltd (NYSE: AEM) 

  Dividend

  As shown by the chart below, GFI more »

• Mining Their Own Business

  By Michael Ugulini - March 3, 2013 | Tickers: AEM, CDE, NEM

  He who wakes up early finds gold. ~ Hungarian Proverb 

  Those who work for Agnico-Eagle Mines (NYSE: AEM) must be rising quite early, if the company's recent numbers are any indication. Agnico-Eagle Mines is a gold producer, their objective is to continue increasing yearly gold production through building and exploring their own mines. This focus is paying off for the company. The following are a few key things for investors more »

• Preparing for Gold Players' Earnings Releases

  By Masam Abbas - January 25, 2013 | Tickers: AEM, AGI, AUQ

  The earnings season has not yet kicked off for the gold companies. Investors are pretty curious about the 4Q results given the highly volatile gold prices in the last quarter. I have briefly discussed three gold players and what sorts of result are expected from them:

  Agnico-Eagle Mines Limited (NYSE: AEM) forecasted 4Q12 gold production of 232.42k oz at a cash cost of $717/oz on a by-product basis more »

• Are These Companies "Good as Gold"?

  By David Mercer - January 3, 2013 | Tickers: AEM, FCX, GG

  Today, we'll examine three mining stocks which specialize in gold. The first of these, Aginco-Eagle Mines (NYSE: AEM), a Canadian mining company, currently has excellent growth prospects, solid financial health, but currently lacks meaningful earnings, with no measurable P/E. However, much like so many stocks I've chosen to cover, my love of DRIP's caught my eye when it came to the company. As in the case more »

• Billionaire Jeffrey Vinik’s Favorite Mining Stocks

  By Meena Krishnamsetty - December 15, 2012 | Tickers: AEM, ABX, CCJ, KGC, NG

  Jeffrey Vinik first became famous for his success at Fidelity Investments as the head of the Magellan Fund. After leaving Fidelity, he started a hedge fund; but within five years the fund had been so successful that Vinik returned money to outside investors. When we went through his 13F filing for the third quarter of the year, we noticed a number of mining stocks among his top holdings. Read on more »

• AngloGold a Bargain at $30

  By Jordo Bivona - November 22, 2012 | Tickers: AEM, AU, BHP, GG

  Gold has hit historic highs in recent years, but it recently took a tumble from its high of just over $1,900 an ounce. Because of this, gold mining stocks have taken a hit as gold declines. But this sell-off was overdone, and gold has begun to move back up. One of the stocks that have been undervalued as a result of the sell-off is AngloGold Ashanti (NYSE: AU).

  AngloGold more »

• Agnico-Eagle: Showing Bullish Signs

  By Jordo Bivona - November 21, 2012 | Tickers: AEM, ABX, BHP, FCX, NEM

  The most striking feature of Agnico-Eagle Mines' (NYSE: AEM) business strategy is its "no forward gold sales" policy. This policy has allowed the company to profit tremendously from higher gold prices. The company has also been a consistent dividend provider.

  Agnico-Eagle is a strong stock going forward. I like that it is producing in stable environments. The company is avoiding the sorts of problems that plague mining operations in less more »

• Screening for the next stocks on the move

  By William Chung - July 31, 2012 | Tickers: AEM, ABM, MMT

  The trend is your friend, when you are positioned with it, otherwise it is an outstretched leg that trips you in the lunchroom while you walk with a full lunch tray.

  Holding a stock that is going down is quite a strange masochistic endeavor.  What causes someone to hold a sinking stock when ones right beside it were holding steady or even going up?   Whatever the cause avoiding buying wrong more »

• Looking for a Golden Gold Miner

  By Andrés Cardenal - June 17, 2012 | Tickers: AEM, EGO, GG, IAG, KGC

  Gold mining is a very particular business, in which having low production costs is perhaps the most determinant competitive advantage. Companies cannot differentiate their products in this industry; they need to accept a price that is determined by the global supply and demand environment. For this reason, production costs become a critical factor to obtain profitability and even survive in times of volatile commodity prices.

  Because individual companies have almost more »

• No Reason to Panic as Agnico-Eagle Dumps Rubicon Shares

  By Bobby Fisher - June 13, 2012 | Tickers: AEM, AU, VALE, FCX, GG

  Agnico-Eagle Mines (NYSE: AEM) has reduced its shares in Rubicon Minerals (NYSE: RBY). The mining company recently informed Rubicon that it had “disposed of a significant portion of its shareholdings of Rubicon in the public markets” and that it would soon make the details of the disposal known in regulatory filings.

  More specifically, Agnico-Eagle is reducing its interest in Ontario’s Red Lake gold camp. This almost seems like a more »

• Buy Goldcorp At A Bottom And Ride It Higher

  By Maxwell Fisher - May 24, 2012 | Tickers: AEM, AU, ABX, GG, NEM

  For the past few years now there is so much talk about gold. From the present being the “Era of Gold” to commercials trying to convince you to sell your gold on new highs. But in all the talk there is some truth. If you would have invested in gold even just five years back, you would have made quite a nice return. However, so much of this growth occurred more »

• 1 Golden Mean Reversion Opportunity

  By Justin Carley - May 21, 2012 | Tickers: AEM, ABX, GDX, GLD |

  Gold continues to be a hot topic of investing even if it has been slumping of late.  It doesn’t hurt when you have Charlie Munger,  Warren Buffet’s right hand man, recently quoted as saying,

   “I think gold is a great thing to sew into your garments if you're a Jewish family in Vienna in 1939, but I think civilized people don't buy gold. They invest in more »

• Red Hat Investors: The News Wasn’t THAT Good

  By Tim Brugger - March 30, 2012 | Tickers: AEM, CA, MSFT, ORCL, RHT

  As you may have heard open source software provider Red Hat (NYSE: RHT) announced earnings recently - and boy did they nail it. That’s five straight quarters and counting of revenue growth for one of the industry leaders and according to management guidance for 2013 that streak should continue into the foreseeable future.

  So naturally shareholders have benefited with a nice run up - to the tune of a 15% to more »