Agnico-Eagle Mines

AEM-T

TSE:AEM

88.40
1.67 (1.85%)
Agnico Eagle Mines Limited is a Canadian-based gold producer with operations in Canada, Finland and Mexico and exploration and development activities extending to the United States.
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Analysis and Opinions about AEM-T

Signal
Opinion
Expert
HOLD
HOLD
May 13, 2020
They are a senior gold producer operating in low risk regions. They are not reliant on just a few mines. She does not have much gold exposure their portfolios, but this would be a good one to hold.
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They are a senior gold producer operating in low risk regions. They are not reliant on just a few mines. She does not have much gold exposure their portfolios, but this would be a good one to hold.
WATCH
WATCH
April 27, 2020
They will take advantage of any infrastructure projects that are tabled. He has his eye on this one. They should have tailwinds after the COVID crisis is over.
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They will take advantage of any infrastructure projects that are tabled. He has his eye on this one. They should have tailwinds after the COVID crisis is over.
BUY
BUY
March 27, 2020
Mine shut-downs? He is holding on this one and has no concerns about COVID-19 related shut downs. He has it as a buy and is a mainstay of his portfolio. This would be ideal for the sector as it would flush out paper traders, who don't own the underlying shares.
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Mine shut-downs? He is holding on this one and has no concerns about COVID-19 related shut downs. He has it as a buy and is a mainstay of his portfolio. This would be ideal for the sector as it would flush out paper traders, who don't own the underlying shares.
BUY
BUY
February 21, 2020

There has been equipment problems in some mines they are building. The beauty is management's execution that is great. They keep raising dividends. There is a massive leverage to the price of gold. They are producing at below $600CAD. They have large margins. He keeps it to 5% of his portfolio.

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Agnico-Eagle Mines (AEM-T)
February 21, 2020

There has been equipment problems in some mines they are building. The beauty is management's execution that is great. They keep raising dividends. There is a massive leverage to the price of gold. They are producing at below $600CAD. They have large margins. He keeps it to 5% of his portfolio.

BUY
BUY
January 10, 2020

Gold picks? He predicted gold would breakout and it has. Gold is way above its 20-day moving average. Interest rates are low, and there are many geopolitical problems, both of which are tailwinds. Gold is your friend. Agnico-Eagle and Newmont are the best picks, and he is adding on weakness. Gold is the place to be now, in a bull market.

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Agnico-Eagle Mines (AEM-T)
January 10, 2020

Gold picks? He predicted gold would breakout and it has. Gold is way above its 20-day moving average. Interest rates are low, and there are many geopolitical problems, both of which are tailwinds. Gold is your friend. Agnico-Eagle and Newmont are the best picks, and he is adding on weakness. Gold is the place to be now, in a bull market.

WAIT
WAIT
December 13, 2019
A relatively well run company that operates in lower geopolitical risky areas. She does not own any producers in the gold space currently. When the time comes to get back into gold, this would be a good candidate.
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Agnico-Eagle Mines (AEM-T)
December 13, 2019
A relatively well run company that operates in lower geopolitical risky areas. She does not own any producers in the gold space currently. When the time comes to get back into gold, this would be a good candidate.
TOP PICK
TOP PICK
November 20, 2019
They just increased their dividend by 40%. Superb execution. New mines are producing, so more cash will flow. Earning massive profits as gold hits new highs. (Analysts’ price target is $87.07)
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Agnico-Eagle Mines (AEM-T)
November 20, 2019
They just increased their dividend by 40%. Superb execution. New mines are producing, so more cash will flow. Earning massive profits as gold hits new highs. (Analysts’ price target is $87.07)
PAST TOP PICK
PAST TOP PICK
October 23, 2019

(A Top Pick Oct 31/18, Up 54%) A cornerstone for him. They will be fully sustaining in a couple years--won't need other people's money. The dividend will rise as profits grow. The CEO has done an amazing job. Reserves in the ground aren't even priced yet. People will notice when they are priced. A lot of money to come here.

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Agnico-Eagle Mines (AEM-T)
October 23, 2019

(A Top Pick Oct 31/18, Up 54%) A cornerstone for him. They will be fully sustaining in a couple years--won't need other people's money. The dividend will rise as profits grow. The CEO has done an amazing job. Reserves in the ground aren't even priced yet. People will notice when they are priced. A lot of money to come here.

BUY
BUY
October 7, 2019
Metals have seen a yo-yo ride, but have broken out since mid-2019. As long as AEM stays above the $70 neckline, this is good. There's room to break-out, though a retracement to $70 can be possible. He likes gold and silver, generally speaking.
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Metals have seen a yo-yo ride, but have broken out since mid-2019. As long as AEM stays above the $70 neckline, this is good. There's room to break-out, though a retracement to $70 can be possible. He likes gold and silver, generally speaking.
PAST TOP PICK
PAST TOP PICK
September 27, 2019
(A Top Pick Mar 29/19, Up 24%) Gold has broken out, breaking its previous downturn. There's been a series of higher lows. There are two mines in Nunavut coming up and it has outperformed output targets in the past year.
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Agnico-Eagle Mines (AEM-T)
September 27, 2019
(A Top Pick Mar 29/19, Up 24%) Gold has broken out, breaking its previous downturn. There's been a series of higher lows. There are two mines in Nunavut coming up and it has outperformed output targets in the past year.
BUY WEAKNESS
BUY WEAKNESS
September 9, 2019
All the gold stocks have done well recently. Gold could get more attention paid to it with global economies slowing down. He always has at least minor exposure to a gold producer. AEM-T is probably a bit higher price within the group. He would look at it on a setback.
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Agnico-Eagle Mines (AEM-T)
September 9, 2019
All the gold stocks have done well recently. Gold could get more attention paid to it with global economies slowing down. He always has at least minor exposure to a gold producer. AEM-T is probably a bit higher price within the group. He would look at it on a setback.
BUY
BUY
August 7, 2019

He confesses that gold is an enigma to him. Gold has now awoken from its slumber. Its producers have underperformed since 2011. He's exposed cautiously through FNV-T, though he would be comfortable owning AEM. Good managers with assets around the world and wisely acquire other companies. Their assets are in safe countries, not banana republics, which is a problem for some gold producers.

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He confesses that gold is an enigma to him. Gold has now awoken from its slumber. Its producers have underperformed since 2011. He's exposed cautiously through FNV-T, though he would be comfortable owning AEM. Good managers with assets around the world and wisely acquire other companies. Their assets are in safe countries, not banana republics, which is a problem for some gold producers.

TOP PICK
TOP PICK
August 6, 2019
He is not a gold bug, but he likes to identify sectors that are hated, but starting to change. This company has continued to avoid geopolitical risk and management has executed new projects well. It is now time to reap the benefits from a cash flow perspective. Dividend growth will begin to accelerate. Yield 0.88% (Analysts’ price target is $77.19)
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He is not a gold bug, but he likes to identify sectors that are hated, but starting to change. This company has continued to avoid geopolitical risk and management has executed new projects well. It is now time to reap the benefits from a cash flow perspective. Dividend growth will begin to accelerate. Yield 0.88% (Analysts’ price target is $77.19)
BUY
BUY
August 6, 2019
What gold stock to buy today? They have high reserves on the ground, pays a good dividend and is well-managed. Production costs are also fine, and they are geopolitically safe, since they operate in Finland. They have leverage after buying eight projects since 2011. Their dividend is tied to production to earnings. It will be self-sufficient in three years; they won't need money again.
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What gold stock to buy today? They have high reserves on the ground, pays a good dividend and is well-managed. Production costs are also fine, and they are geopolitically safe, since they operate in Finland. They have leverage after buying eight projects since 2011. Their dividend is tied to production to earnings. It will be self-sufficient in three years; they won't need money again.
WEAK BUY
WEAK BUY
July 10, 2019
She does not have exposure to gold. Gold has broken out above $1400, which was a key level. She does not see it weakening significantly. If she wanted to put in a gold name, this would be a prime candidate.
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She does not have exposure to gold. Gold has broken out above $1400, which was a key level. She does not see it weakening significantly. If she wanted to put in a gold name, this would be a prime candidate.
HOLD
HOLD
May 3, 2019
Junior gold producers? The best values in gold are the juniors -- especially if we get a good rally in gold again. He does hold AEM-T, but thinks the real gems are the juniors.
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Junior gold producers? The best values in gold are the juniors -- especially if we get a good rally in gold again. He does hold AEM-T, but thinks the real gems are the juniors.
TOP PICK
TOP PICK
March 27, 2019
The best-managed gold major. Production has been up and beaten forecasts 7 straight years. Two new mines in Nunavut are coming though. If you believe inflation will come back, then gold is a place to be. (Analysts’ price target is $65.43)
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The best-managed gold major. Production has been up and beaten forecasts 7 straight years. Two new mines in Nunavut are coming though. If you believe inflation will come back, then gold is a place to be. (Analysts’ price target is $65.43)
PAST TOP PICK
PAST TOP PICK
March 15, 2019
(A Top Pick Jun 22/18, Down 0.1%) This have been a frequent top pick. Management has performed very well. This company will be completely self sufficient by 2022. Dividend has been increasing. Cost of production is about C$650. This will continue to deliver. It is followed by a lot of institutions, and they have sold off their precious metal positions of the portfolios.
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(A Top Pick Jun 22/18, Down 0.1%) This have been a frequent top pick. Management has performed very well. This company will be completely self sufficient by 2022. Dividend has been increasing. Cost of production is about C$650. This will continue to deliver. It is followed by a lot of institutions, and they have sold off their precious metal positions of the portfolios.
PAST TOP PICK
PAST TOP PICK
March 1, 2019
(A Top Pick Feb 01/18, Down 1%) Gold prices fell. This is the go to name in the gold business. This company will continue to grow.
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(A Top Pick Feb 01/18, Down 1%) Gold prices fell. This is the go to name in the gold business. This company will continue to grow.
HOLD
HOLD
January 21, 2019
It is one of the best managed gold mines in Canada. They have a good team. Production in North America is safe. This is an excellent executing company but he does not own gold in his portfolios.
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Agnico-Eagle Mines (AEM-T)
January 21, 2019
It is one of the best managed gold mines in Canada. They have a good team. Production in North America is safe. This is an excellent executing company but he does not own gold in his portfolios.
PAST TOP PICK
PAST TOP PICK
January 16, 2019

(A Top Pick Oct 30/18, Up 11%) This become self-sufficient by 2021 and won't need to raise money for their future projects. A rare company in this space that's raising their dividend. Good management.

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Agnico-Eagle Mines (AEM-T)
January 16, 2019

(A Top Pick Oct 30/18, Up 11%) This become self-sufficient by 2021 and won't need to raise money for their future projects. A rare company in this space that's raising their dividend. Good management.

HOLD
HOLD
January 15, 2019
Lots of analysts favour this. Production profile is promising. Hasn't studied it from a valuation point of view, and as a value investor, valuing gold companies has always been a struggle. His gold exposure is under 3%. If you own it, probably still hold it.
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Agnico-Eagle Mines (AEM-T)
January 15, 2019
Lots of analysts favour this. Production profile is promising. Hasn't studied it from a valuation point of view, and as a value investor, valuing gold companies has always been a struggle. His gold exposure is under 3%. If you own it, probably still hold it.
TOP PICK
TOP PICK
October 30, 2018
One of his top picks for years. Beat earnings, and raised guidance. Management is unbelievable, awesome leverage going forward. A gift at this price. Yield is 1.2%. (Analysts’ price target is $60.77)
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Agnico-Eagle Mines (AEM-T)
October 30, 2018
One of his top picks for years. Beat earnings, and raised guidance. Management is unbelievable, awesome leverage going forward. A gift at this price. Yield is 1.2%. (Analysts’ price target is $60.77)
TOP PICK
TOP PICK
September 19, 2018

As gold is out of favour, he loves this from a contrarian view. It is the best gold company with a great growth prospect up North. Gold will come back in favour at some point. When the US dollar weakens, gold will benefit. Yield 1.3%. (Analysts’ price target is $65.64)

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Agnico-Eagle Mines (AEM-T)
September 19, 2018

As gold is out of favour, he loves this from a contrarian view. It is the best gold company with a great growth prospect up North. Gold will come back in favour at some point. When the US dollar weakens, gold will benefit. Yield 1.3%. (Analysts’ price target is $65.64)

BUY
BUY
September 13, 2018

Gold is an enigma--sometimes is a currency or a hedge against inflation or something else. What's holding back gold now is that it's the inverse of the U.S. dollar--which has been strong this year. Producers like Agnico have operating leverage--when gold prices rise, their prices and earnings will rise disproportionately more than the commodity. Agnico has several mines operating well. It's a good house in a bad neighbourhood.

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Agnico-Eagle Mines (AEM-T)
September 13, 2018

Gold is an enigma--sometimes is a currency or a hedge against inflation or something else. What's holding back gold now is that it's the inverse of the U.S. dollar--which has been strong this year. Producers like Agnico have operating leverage--when gold prices rise, their prices and earnings will rise disproportionately more than the commodity. Agnico has several mines operating well. It's a good house in a bad neighbourhood.

PAST TOP PICK
PAST TOP PICK
August 2, 2018

(A Top Pick August 28/17 - Up 5%) Covered call selling JAN 60 calls. They were called away.

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(A Top Pick August 28/17 - Up 5%) Covered call selling JAN 60 calls. They were called away.

BUY
BUY
July 23, 2018

Gold has been hit, though gold stocks have held up. July 27-September 25 is gold's seasonality. He likes AEM, because it's had a consolidation (following a downdraft earlier this year) and gold is entering seaonality, This should do well.

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Gold has been hit, though gold stocks have held up. July 27-September 25 is gold's seasonality. He likes AEM, because it's had a consolidation (following a downdraft earlier this year) and gold is entering seaonality, This should do well.

STRONG BUY
STRONG BUY
June 22, 2018

One of the best-run companies. He's excited by the price dislocation with the recent pullback in gold prices. Agnico is holding on well. They've had a lot of cash and have been acquiring over the years. Good management and has assets in safe geographies. A fine company.

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One of the best-run companies. He's excited by the price dislocation with the recent pullback in gold prices. Agnico is holding on well. They've had a lot of cash and have been acquiring over the years. Good management and has assets in safe geographies. A fine company.

DON'T BUY
DON'T BUY
March 6, 2018

This would have to come down a long way for him to have interest in it. The overall market has been very strong, it is not clear which way the market will go in the future.

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This would have to come down a long way for him to have interest in it. The overall market has been very strong, it is not clear which way the market will go in the future.

DON'T BUY
DON'T BUY
March 5, 2018

The commodity is going one way and the stocks are going the other. It has always been the darling premium amongst the names. They are expensive for a reason. He finds opportunities at lower PEs. He sees greater value elsewhere.

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The commodity is going one way and the stocks are going the other. It has always been the darling premium amongst the names. They are expensive for a reason. He finds opportunities at lower PEs. He sees greater value elsewhere.

TOP PICK
TOP PICK
February 1, 2018

Liquidity has not gone here. It is the premier gold name. Best growth over the next few years. It is a well managed company. They built this brand new camp in Nunavut. (Analysts’ target: $54.13).

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Agnico-Eagle Mines (AEM-T)
February 1, 2018

Liquidity has not gone here. It is the premier gold name. Best growth over the next few years. It is a well managed company. They built this brand new camp in Nunavut. (Analysts’ target: $54.13).

PAST TOP PICK
PAST TOP PICK
December 22, 2017

(A Top Pick Dec 28/16. Up 5.03%.) Chart shows a downward triangle, and the stock may have broken out recently and it looks really quite bullish. If you didn't own a name, this is one he would be comfortable with.

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Agnico-Eagle Mines (AEM-T)
December 22, 2017

(A Top Pick Dec 28/16. Up 5.03%.) Chart shows a downward triangle, and the stock may have broken out recently and it looks really quite bullish. If you didn't own a name, this is one he would be comfortable with.

WAIT
WAIT
November 17, 2017

Probably in a “pause” situation, as it has been for the last few months. This might be that December time, when it breaks above the downtrend that has been going on since mid-2016. He would look at this in December. Overlay this with the underlying commodity just to see how it is acting. If it is starting to move ahead of the commodity, that is probably a pretty good sign.

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Agnico-Eagle Mines (AEM-T)
November 17, 2017

Probably in a “pause” situation, as it has been for the last few months. This might be that December time, when it breaks above the downtrend that has been going on since mid-2016. He would look at this in December. Overlay this with the underlying commodity just to see how it is acting. If it is starting to move ahead of the commodity, that is probably a pretty good sign.

DON'T BUY
DON'T BUY
October 17, 2017

This closed at $45.52. He has a model price of $29.72, a 35% negative differential. Fundamentals do not support the price. There is better value elsewhere. Gold continues to languish in price.

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Agnico-Eagle Mines (AEM-T)
October 17, 2017

This closed at $45.52. He has a model price of $29.72, a 35% negative differential. Fundamentals do not support the price. There is better value elsewhere. Gold continues to languish in price.

HOLD
HOLD
September 19, 2017

He really likes management. They’ve done an excellent job over the last number of years of increasing production per share and cash flow per share, largely from internal organic growth. Has a good growth profile over the next 5 years. His only problem is that valuation is relatively quite high at the moment, although it deserves it. (See Top Picks.)

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Agnico-Eagle Mines (AEM-T)
September 19, 2017

He really likes management. They’ve done an excellent job over the last number of years of increasing production per share and cash flow per share, largely from internal organic growth. Has a good growth profile over the next 5 years. His only problem is that valuation is relatively quite high at the moment, although it deserves it. (See Top Picks.)

HOLD
HOLD
September 5, 2017

This has always been one of his favourites. They have great mines, a lot of Canadian stuff, which is what he likes. They know how to struggle through problems, and are very good at actually buying interesting choice potential development assets.

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Agnico-Eagle Mines (AEM-T)
September 5, 2017

This has always been one of his favourites. They have great mines, a lot of Canadian stuff, which is what he likes. They know how to struggle through problems, and are very good at actually buying interesting choice potential development assets.