Agnico Eagle Mines Limited
 (AEM)

- NYSE
What's your position on ?
Bullish
Bearish
Why are you ish?
Skip
Post
You voted ish on Vote again
Posts appear on the My Feed page of subscribers to this ticker
Last vote:
  • Thu, Feb. 11, 3:27 PM
    | Thu, Feb. 11, 3:27 PM | 57 Comments
  • Thu, Feb. 11, 9:13 AM
    | Thu, Feb. 11, 9:13 AM
  • Wed, Feb. 10, 10:50 PM
    • Agnico Eagle (NYSE:AEM): Q4 EPS of $0.02 beats by $0.02.
    • Revenue of $482.93M (-4.0% Y/Y) misses by $13.63M.
    • Shares +2.35% AH.
    • Press Release
    | Wed, Feb. 10, 10:50 PM
  • Oct. 14, 2015, 2:26 PM
    • Gold settles at three-and-a-half month highs, rallying $14.50 (+1.2%) to $1180/oz., as soft U.S. economic data and concerns over deflationary pressures in China add to expectations the Fed will delay any interest rate increases.
    • Gold is gaining more ground in electronic trading after the Fed Beige Book release.
    • The yellow metal's eighth gain in nine sessions has sent the SPDR Gold Trust ETF (GLD +1.5%) past its 200-day moving average, and gold miners have ripped higher, as evidenced by this month's 18% gain in the Market Vectors Gold Miners ETF (GDX +5.6%).
    • Top mining stocks including Barrick Gold (ABX +7.9%), Goldcorp (GG +8.5%), Kinross Gold (KGC +8.3%), Gold Fields (GFI +5.4%), Newmont Mining (NEM +5.4%), Agnico Eagle Mines (AEM +5.7%), Silver Wheaton (SLW +6.8%), Yamana Gold (AUY +6.7%), Franco Nevada (FNV +5%), Randgold (GOLD +4.8%) and AngloGold (AU +5.6%) are all sharply higher.
    • Other ETFs: NUGT, AGQ, GGN, DUST, SIL, USLV, ZSL, UGL, GLDX, DGP, GLL, UGLD, DZZ, SLVO, GLDI, SGDM, DSLV, ASA, SLVP, DGL, DBS, DGZ, RING, DGLD, PSAU, USV, TGLDX, GEUR, UBG, GYEN
    | Oct. 14, 2015, 2:26 PM | 70 Comments
  • Sep. 25, 2015, 5:40 PM
    • Top gainers, as of 5.25 p.m.: DBVT +6.3%. MT +4.2%. SHPG +2.9%. NVS +2.8%.
    • Top losers, as of 5.25p.m.: BLPH -3.1%. OVAS -1.8%. HBI -1.0%. AEM -1.0%.
    | Sep. 25, 2015, 5:40 PM | 7 Comments
  • Sep. 16, 2015, 3:45 PM
    • Newmont Mining's (NEM +5.8%) stock price target is lowered to $22 from $24 by RBC analysts on the back of downward revisions to base metal price assumptions, including a ~15% reduction to the firm's 2015-19 average copper price assumptions.
    • NEM has significant leverage to copper prices through its Batu Hijau, Boddington and Phoenix mines, prompting the firm to reduce its EPS and cash flow/share estimates.
    • But for today at least, shares of gold miners are surging, following gold prices higher as optimism grows that the Fed will not raise rates tomorrow: ABX +7%, KGC +9.2%, GG +5.3%, AEM +6.9%, GFI +3%, SBGL +2.4%, FNV +4.7%, NGD +7.1%, AUY +9.1%, IAG +7.6%, BTG +4.1%, EGO +9.7%, SLW +7.1%.
    | Sep. 16, 2015, 3:45 PM | 3 Comments
  • Aug. 12, 2015, 11:29 AM
    • China’s currency devaluation is welcome news for gold stocks such as Newmont Mining (NEM +5.2%), Agnico Eagle Mines (AEM +8.1%), Coeur Mining (CDE +13.9%) and Gold Resource (GORO +2.5%), Sterne Agee CRT analysts say.
    • China's move should help gold and silver prices through risk-off investor diversification and heightened investment attention, especially from Chinese investors looking to protect purchasing power, and fragile global economic growth prospects highlighted by China’s struggles could delay any meaningful U.S. rate increases, the firm says.
    • With investor sentiment still skeptical, the supportive macro news flow could provide fuel for a rally in gold mining equities, the firm says, preferring Buy-rated NEM, AEM, CDE and GORO; Barrick Gold (ABX +3.9%) is rated Neutral.
    | Aug. 12, 2015, 11:29 AM | 5 Comments
  • Jul. 20, 2015, 10:39 AM
    | Jul. 20, 2015, 10:39 AM | 123 Comments
  • Jul. 20, 2015, 9:14 AM
    | Jul. 20, 2015, 9:14 AM | 17 Comments
  • Jul. 17, 2015, 2:58 PM
    • Barrick Gold (ABX -4.9%) sinks to 24-year lows in Toronto trading, leading a rout among bullion miners as the yellow metal extends its selloff to five-year lows.
    • ABX is under particular pressure, as the fall in gold casts doubt on the company’s strategy of shedding assets to pay down its $12.9B debt, as it "becomes harder and harder to sell those assets at any kind of reasonable value if metal prices are unwinding," Macquarie analyst Ron Stewart says.
    • ABX reportedly is nearing a deal to sell its Zaldivar copper mine in Chile, and is looking for buyers for its 50% stake in its Kalgoorlie mine, among other properties.
    • NEM -2.6%, GG -5.7%, GFI -1.1%, KGC -5.2%, AEM -5.1%, NG -2.2%, AGI -6.6%, AU -5.7%, GOLD -2.5%, SBGL -4.2%, BTG -6.4%, IAG -7.6%, EGO -7.6%, HL -3.5%, NGD -8.4%, AUY -2.9%, RGLD -2.9%, FNV -3.6%, SLW -3.3%.
    • ETFs: GDX, NUGT, GGN, DUST, SIL, GLDX, SGDM, ASA, SLVP, RING, PSAU, TGLDX, GDXS, GDXX
    | Jul. 17, 2015, 2:58 PM | 111 Comments
  • Feb. 18, 2015, 3:59 PM
    • Agnico-Eagle Mines (AEM +2%) is upgraded to Overweight from Neutral with a $41 price target, up from $38, at J.P. Morgan, which says it has the right assets and an experienced management team for the tricky gold market.
    • The firm notes that AEM’s operations in Canada, Mexico and Finland shield its costs from the strong U.S. dollar, while its sizable portfolio of underground mines provides the flexibility to adjust to moves in the price of gold.
    • JPM likes AEM's portfolio of longer lived assets and running list of projects that should not only replace production from maturing mines but could enhance the miner's production profile beyond 2017.
    | Feb. 18, 2015, 3:59 PM
  • Jan. 27, 2015, 3:10 PM
    • Gold miner (NYSEARCA:GDX) earnings reports are on the way, and Barclays analysts foresee Q4 earnings to come in lower across the board with margins under pressure as metals prices fall; for gold, they see producers’ margins falling ~12% Q/Q.
    • Barclays believes lower gold prices also will mean writedowns of assets for many companies, while mining depletion will combine with limited exploration budgets to bring down reserves.
    • Most senior and mid-tier gold producers will not see Y/Y production growth in 2015, the firm says; Goldcorp (GG +2.9%), Agnico Eagle Mines (AEM +4.6%), Yamana Gold (AUY +3.2%) and New Gold (NGD +4.2%) should enjoy production growth, while royalty companies Royal Gold (RGLD +1.8%) and Franco-Nevada (FNV +4.6%) should have revenue growth despite lower commodity pricing.
    | Jan. 27, 2015, 3:10 PM | 7 Comments
  • Jan. 6, 2015, 5:35 PM
    • Top gainers, as of 5:15 p.m.: NGL +73.0%. CFR +22.3%. OZRK +21.1%. JCP +20.4%. BXS +15.1%.
    • Top losers, as of 5:15 p.m.: WIFI -5.1%. SN -4.3%. AXTA -4.2%. CNAT -3.8%. AEM -3.6%.
    | Jan. 6, 2015, 5:35 PM | 8 Comments
  • Dec. 30, 2014, 4:18 PM
    • With the dollar falling against the yen and pound and a minor flight to safety afoot - Treasurys are higher, stocks have closed moderately lower - COMEX gold is up 1.4% today to $1,197/oz., and COMEX silver is up 2.6% to $16.20/oz. The gains have provided a lift to the volatile/beaten-down shares of gold and silver miners.
    • Notable gold gainers: IAG +11.7%. ABX +3.6%. AUY +5.2%. NEM +3.6%. GG +4.6%. AU +4.2%. SBGL +4.9%. KGC +4.1%. AGI +5%. AEM +5.1%.
    • Notable silver gainers: AG +7.6%. SVM +7.1%. SSRI +6.2%. SVM +6.4%. PAAS +3.9%. SVLC +5.2%. EXK +6.9%.
    • ETFs with 3%+ gains: NUGT +10.1%. GDXJ +5.1%. USLV +9.7%. UBG +5.4%. USV +3.8%. SIVR +3.4%. AGQ +6.3%. BAR +3.2%. DBS +3.2%.
    • The group rallied on Friday after the PBOC relaxed lending rules for banks, but sold off on Monday.
    | Dec. 30, 2014, 4:18 PM | 16 Comments
  • Nov. 18, 2014, 3:59 PM
    • Gold prices jumped 1.2% to settle just shy of $1,200/oz. as the dollar eased against major currencies amid tensions in eastern Europe and the Middle East, and some observers are starting to ask if gold mining and production stocks (GDX +4.8%) have finally found a bottom.
    • 24/7's Chris Lange thinks gold giants may have hit their lows on Nov. 5, followed by an impressive recovery since that date with gold fundamentals apparently not changing drastically.
    • Major precious metals miners are strong across the board: ABX +6.5%, AEM +4.4%, AU +6.2%, GG +3.7%, GFI +7.6%, SLW +3.6%, NEM +3.4%, AGI +4.9%, IAG +6.6%, AUY +6.8%, KGC +9.2%, NGD +2.8%, GOLD +1.9%, RGLD +3.7%.
    • Other ETFs: GDXJ, NUGT, DUST, SIL, JNUG, GLDX, JDST, SLVP, SILJ, RING, SGDM, PSAU
    | Nov. 18, 2014, 3:59 PM | 36 Comments
  • Nov. 14, 2014, 10:58 AM
    • The gold market will enter deficit by 2016 as producers cut capex, resulting in reduced supply in the medium- to long-term, Credit Suisse analyst Anita Soni writes, seeing 2014 as a likely plateau for supply (Briefing.com).
    • Agnico Eagle Mines (AEM +2.6%) and Eldorado Gold (EGO +4.5%) are the firm's top picks among gold miners under coverage.
    • Other Outperform rated gold companies are GG, KGC, AUY, AUQ, FNV, GSS and IAG; rated Neutral are ABX, NEM, NGD and AGI.
    | Nov. 14, 2014, 10:58 AM | 26 Comments
Company Description
Agnico Eagle Mines Ltd is a gold mining company. It is engaged in production and sale of gold as well as exploration and mine development. Its mining operations are located in Canada, Mexico and Finland.
Industry: Gold
Country: Canada