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Bullboard - Stock Discussion Forum Agnico Eagle Mines Ltd (Ontario) T.AEM

Alternate Symbol(s):  AEM

Agnico Eagle Mines Limited is a Canada-based gold mining company engaged in producing precious metals from operations in Canada, Australia, Finland and Mexico. It 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... see more

TSX:AEM - Post Discussion

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Post by riddle5 on May 30, 2023 3:52pm

Crazy

Easily one of the best gold stock out there- yet, we are down nearly 20% in a month, while other lesser names have not shed as much. I can't remember the last green day for this name- including today, when gold is up nearly $20, we are down 1%?! 

Am I missing something here? There are many great cataysts for this name not to be in the woodshed as it has been for the past month, after great earnings, improving margins, inflationary conditions, production inceases in the horizon etc. 

I appreciate all insight and contribution to understanding why it's been hammered so much in a space of a month, whith gold only shedding less than 5%.

Cheers

Comment by Boreas7 on May 31, 2023 9:44am
Manip from TPTB...as usual.
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