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Agnico Eagle Mines Ltd (Ontario) T.AEM

Alternate Symbol(s):  AEM

Agnico Eagle Mines Limited is a Canada-based gold mining company, which is engaged in producing precious metals from operations in Canada, Australia, Finland and Mexico. The Company has a pipeline of exploration and development projects in these countries as well as in the United States. Its operations include Canadian Malartic Complex, Detour Lake, Fosterville, Goldex, Kittila, La India, LaRonde Complex, Macassa, Meadowbank Complex, Meliadine and Pinos Altos. Its exploration site includes Anza, Barsele, Delta, Douay/Joutel, Kirkland Lake Regional, Kuotko, Monument Bay and others. The Canadian Malartic Complex is located over 25 kilometers (km) west of Val-d’Or in northwestern Quebec, Canada. The Detour Lake operation is located in northeastern Ontario, over 300 km northeast of Timmins and 185 km by road northeast of Cochrane, within the northernmost Abitibi Greenstone Belt. The Fosterville mine is a high-grade, low-cost underground gold mine, located 20 km from the city of Bendigo.


TSX:AEM - Post by User

Post by Carbonbullon Aug 14, 2022 8:12am
344 Views
Post# 34894874

consolidating price action still forming a base.

consolidating price action still forming a base.despite the move up this stock is just base forming , the fundamentals are way ahead of the price action not often you can say with cetainty that a 50 percent plus gain is in the future even if underlying price of gold stays range bound ,,,,,the pair trade of long ABX and AEM short index the favorite of arbritage/hedge players in the gold space.  Hard to argue with . On a technical bais needs a break of $65 to establish the upward price trend , will double my allocation this week.   keep your eyes on junior GOT and NFG  core results back early fall
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