Agnico Eagle Mines (NYSE: AEM) stock dropped 5.7% due to a significant reversal in the precious metals trade. Silver prices hit an all-time high of over $80 an ounce, but fell to $70.25 this morning. Silver prices were down 7.9% at $71.12 per ounce, while gold prices dropped 4.5% to $4,349.30.

Investors in silver and gold have seen massive gains in 2025, with silver tripling to over $20 an ounce and gold prices up 65%. This has led to profit-taking, with investors selling to lock in gains. The selling may be intensifying, potentially leading to a “flash crash” due to margin calls.

Despite the volatility, Agnico Eagle Mines remains relatively stable. Priced at 26 times GAAP earnings, the stock looks more attractive at 25x free cash flow. Analysts predict a 37% annual growth in earnings over the next five years, making the high price easier to justify. Additionally, Agnico offers a modest 1% dividend yield.

The Motley Fool Stock Advisor team did not include Agnico Eagle Mines in their list of the 10 best stocks for investors to buy now. This selection has historically led to significant returns, such as $509,470 from Netflix in 2004 and $1,167,988 from Nvidia in 2005. Investors are advised to consider these alternatives for potential growth.

Read more at Yahoo Finance: Why Agnico Eagle Mines Stock Dropped Today