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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

Comment by packerdriveron May 10, 2024 1:17pm
145 Views
Post# 36033943

RE:Dividend stuck at 2022's $1.60 rate despite gold up $500/oz

RE:Dividend stuck at 2022's $1.60 rate despite gold up $500/oz
SHEESH ! Some people are hard to please! Stock is hitting 3 year high after sucessfully digesting a big acquistion (that's a 50/50 chance of a good result in the gold biz!)
The dividend might not be the Candian standard....but compares well with US companies. This company is trasitioning from being a "Canadian" gold miner to a major gold miner. If there was a vote, mine would be to leave it alone. "if it ain't broke, don't fix it" !

I had to trim this name a month ago...I should again but I think I'll let it run this time...My smaller gold miners have "woken up" in the last month and are finally moving up. Gold is having a good run and AEM is doing "better than most"!
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