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Agnico Eagle Mines Ltd 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, Meadowbank Complex, Meliadine and Pinos Altos. Its exploration site includes Anza, Barsele, Delta, Douay/Joutel, Kirkland Lake Regional, Kuotko, Hope Bay/ Oro, 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 retiredcfon May 04, 2024 6:34am
284 Views
Post# 36022984

Technical Analysis

Technical AnalysisObviously he couldn't argue with the strong technicals of AEM but he's very much a seasonal guy so only buys certain sectors depending on what time of year it is. GLTA

BUY ON WEAKNESS
Agnico-Eagle Mines(AEM-T)
03/05/2024
 
Well run company with strong management team. Gold stocks lagging gold prices. Many large banks buying gold to hedge against inflation. Would wait for further weakness in market before buying gold stocks. 
Precious Metals

Brooke Thackray
$89.000
Unknown
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