Gold prices reach unprecedented highs, and are expected to be supported by geopolitical tensions and central bank buying. Keep a close eye on stocks like AEM, AGI, KGC and NGD.
In the most recent trading session, Agnico Eagle Mines (AEM) closed at $105.48, indicating a -0.32% shift from the previous trading day.
The amalgamation marks the subsequent acquisition transaction contemplated in AEM's board-backed buyout offer for O3 Mining.
AEM's investment in Collective provides exposure to an early-stage gold exploration property in Colombia.
Market volatility can be unsettling for any investor.
While AEM is well-placed on a strong pipeline of growth projects, solid financial health and surging gold prices, its high costs warrant caution.
Agnico (AEM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Subscribers to Chart of the Week received this commentary on Sunday, March 1.
There has always been a degree of scorn from Wall Street and so-called investment professionals over the years for those who invested in gold.
In the closing of the recent trading day, Agnico Eagle Mines (AEM) stood at $96.28, denoting a +1.25% change from the preceding trading day.
Agnico Eagle Mines has had a year of unprecedented success, driven by record production and strategic initiatives. President & CEO Ammar Al-Joundi shared insights into the company's performance at the BMO Global Metals, Mining and Critical Minerals Conference.
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