Agnico Eagle Mines Limited (AEM) acquired 33,821,842 Maple Gold Mines Ltd. (MGM) common shares for 8.5 cents per share, totaling approximately C$2.87 million. Shares were purchased from several sellers who had acquired them through a flow-through Common Shares offering by Maple.Before this acquisition, Agnico Eagle owned 40,852,415 common shares, representing nearly 11.97% of Maple's issued and outstanding shares on a non-diluted basis. Following the share purchase, Agnico Eagle's ownership increased to 74, ...

In the latest trading session, Agnico Eagle Mines (AEM) closed at $65.66, marking a +0.66% move from the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.31%. Meanwhile, the Dow experienced a rise of 0.67%, and the technology-dominated Nasdaq saw a decrease of 1.09%.Shares of the gold mining company have depreciated by 3.66% over the course of the past month, outperforming the Basic Materials sector's loss of 6.38% and lagging the S&P 500's gain of 2.73%.The investment co ...

Stock Symbol:    AEM (NYSE and TSX) TORONTO, June 24, 2024 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle") announced today that it acquired 33,821,842 common shares ("Common Shares") of Maple Gold Mines Ltd. (TSXV: MGM) ("Maple") on June 21, 2024 at a price of $0.085 per Common Share for total consideration of approximately $2,874,856.57 from several sellers that acquired the Common Shares in connection with an offering of flow-through Common Shares issued by Maple (the "Sh ...

Agnico Eagle Mines (AEM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this gold mining company have returned -5%, compared to the Zacks S&P 500 composite's +3.6% change. During this period, the Zacks Mining - Gold industry, which Agnico falls in, has lost 9%. The key question now is: What could be the stock's future direction?Although media repo ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Stock Symbol: AEM (NYSE and TSX)(All amounts expressed in U.S. dollars unless otherwise noted)Toronto, June 19, 2024 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle" or the "Company") is pleased to provide an update on the Detour Lake mine, located in Ontario. Updated MRMR Estimate at March 31, 2024 (CNW Group/Agnico Eagle Mines Limited) [Detour Lake Mine – Plan Map and Composite Longitudinal Section] (CNW Group/Agnico Eagle Mines Limited) [Detour Lake Mine – Geology and ...

In the latest market close, Agnico Eagle Mines (AEM) reached $64.25, with no movement compared to the previous day. This change lagged the S&P 500's daily gain of 0.77%. Elsewhere, the Dow saw an upswing of 0.49%, while the tech-heavy Nasdaq appreciated by 0.95%.The the stock of gold mining company has fallen by 8.36% in the past month, lagging the Basic Materials sector's loss of 5.19% and the S&P 500's gain of 3.71%.The investment community will be closely monitoring the performance of Agnico Eagle Mines ...

DNY59 Berkshire Hathaway's (BRK.A)(BRK.B) Charlie Munger believed strongly in the power of concentrated portfolios, holding only a few stocks outside of his BRK.A stock, such as Alibaba (BABA) and Costco (COST). Personally, I like to diversify beyond just a few holdings and generally hold about two dozen stocks in my portfolio at any given time, given that my strategy relies heavily on opportunistic capital recycling rather than purely buying and holding stocks for decades to come. However, there is a lot t ...

Agnico Eagle Mines (AEM) closed the latest trading day at $64.68, indicating a -0.86% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 0.27%. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq gained 0.88%.The gold mining company's stock has dropped by 3.7% in the past month, falling short of the Basic Materials sector's loss of 2.41% and the S&P 500's gain of 2.85%.Analysts and investors alike will be keeping a close eye on the performance ...

Gold prices jumped in 2024 buoyed by increased geopolitical tensions, a depreciating U.S. dollar, the potential for monetary policy easing, and continuous purchasing by central banks. Physical demand has also been strong in China due to a weaker yuan, a volatile stock market and comparatively low deposit rates. investors are thus exploring alternatives for their savings.The World Gold Council (WGC) recently said that the gold mining industry is suffering from a scarcity of deposits of the yellow metal. WGC ...