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

Alternate Symbol(s): AEM

Metals & Mining Gold

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

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TSX:AEM - Post Discussion

Agnico Eagle Mines Ltd > Asinine market behaviour

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Post by BSdetector2016 on Feb 12, 2021 9:50am

Asinine market behaviour

Maybe we should be buying companies that don't make obscene profits, and have three digit P/E ratios, and no growth.

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Comment by BobbyMarley24 on Feb 12, 2021 9:55am

tell me about it! Tool conservative approach and moved quite a bit into gold and it looks like I'm playing penny stocks? Meanwhile while penny stocks are flying? Wtf is going on? 6% drop in one day in blue chip gold company? Absolutely crazy

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Comment by Scanner454 on Feb 12, 2021 12:02pm

one has to agree

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Comment by BobbyMarley24 on Feb 12, 2021 12:46pm

but why just aem? Not sector wide at all. Most gold stocks are up and we down 7%? Is something up?

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Comment by 420CPACFA on Feb 12, 2021 7:13pm

I listened to the replay of today's 4th quarter conference call and have not read yesterdays new release but some of the analysts questions seemed directed at concerns with the Amaruq mine, higher production costs and higher capital invesment.

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