The price of gold hovers just below its all-time high, capturing the attention of investors as it again tests record levels.The idea of investing in gold can elicit a wide range of responses from people, from strong vitriol to deep praise. You have the gold bugs on one end, whose portfolios are dominated by the yellow metal, and on the other end you have investing purists, who claim because it has no earnings, it has no place in their portfolio. As with most things in life and investing, the truth lies some ...

Investors with an interest in Mining - Gold stocks have likely encountered both Agnico Eagle Mines (AEM) and Alamos Gold (AGI) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scor ...

Investors may turn their attention to gold amid heightened market volatility with Friday’s jobs report showing the US labor force cooled while the unemployment rate rose to 4.3%, its highest peak since 2021.With gold often sought out for defensive safety during economic uncertainty it's noteworthy that the Zacks Mining-Gold Industry is currently in the top 22% of over 250 Zacks industries. That said, here are three of these top gold mining stocks to consider at the moment.Agnico Eagle Mines (AEM) Zacks Rank ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Agnico Eagle Mines (AEM) .Agnico currently has an average brokerage recomm ...

Agnico Eagle Mines Limited (NYSE:AEM) Q2 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Ammar Al-Joundi - President and Chief Executive Officer Jamie Porter - Executive Vice President of Finance and Chief Financial Officer Dominique Girard - Executive Vice President and Chief Operating Officer, Nunavut, Quebec and Europe Natasha Vaz - Executive Vice President and Chief Operating Officer, Ontario, Australia and Mexico Guy Gosselin - Executive Vice President of Exploration Carol ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made easy wit ...

Second Quarter 2024 Results August 1, 2024 How to Build a High-Quality, How to Build a High Quality, Low-Risk Senior Gold Producer Low Risk Senior Gold Producer AGNICO EAGLE Notes to Investors Forward-Looking Statements The information in this presentation has been prepared as at July 31, 2024. Certain statements contained in this presentation constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" und ...

Agnico Eagle Mines Limited (AEM) reported adjusted earnings of $1.07 per share in the second quarter of 2024, up from 65 cents in the year-ago quarter. The bottom line topped the Zacks Consensus Estimate of 93 cents.The company generated revenues of $2,076.6 million, up nearly 21% year over year. The top line surpassed the Zacks Consensus Estimate of $1,719 million. Operational HighlightsPayable gold production was 895,838 ounces in the reported quarter, up from 873,204 ounces in the prior-year quarter. The ...

Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Has Agnico Eagle Mines (AEM) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Agnico Eagle Mines is a member of the Basic Materials sector. This group includes 237 individual stocks and currently holds a Zacks Sector Rank of #12. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst i ...

Yelena Rodriguez Mena/iStock via Getty Images Introduction Approximately one year I reviewed the Q2 financial results for Agnico Eagle Mines Limited (NYSE:AEM) and gave the company a 'Strong Buy' rating and commented that "If I could only hold one gold miner then Agnico Eagle would be it" The price at publication was $51.32 and recently Agnico closed on Friday 26th of July 2024 at $73.40 registering a gain of 43.02% which is not too shabby. Today, I will take a look at the Q2 financial results for 2024 to s ...