5 Reasons Agnico Eagle Mines Remains A Buy
Agnico Eagle(AEM) Seeking Alpha·2024-07-21 12:39
Anthony Bradshaw Since I last wrote about the gold miner Agnico Eagle Mines (NYSE:AEM) in April, it's up by almost 20%. With gold prices on the up and up, this is hardly surprising. But to give the company its due credit, its own fundamentals are strong too, along with the stock’s attributes. Five of these factors are discussed below, which make a case for why AEM stock is still a buy. #1. Gold shines There’s no denying that gold has underperformed key US-stock indices in the past 10 years. The SPDR Gol ...