Geopolitical tensions rise as President Trump threatens to seize Greenland and impose tariffs on opposing countries. European allies vow retaliation and increase military presence in Greenland. U.S. allies warm up to China, with Canada lowering tariffs on electric vehicle imports. Gold prices surge amid global uncertainty, boosting gold mining companies like Agnico-Eagle Mines.

Agnico-Eagle Mines (AEM) operates in safe jurisdictions and expects stable gold production with new projects in the pipeline. AEM has low all-in sustaining costs and a strong balance sheet, upgrading its credit rating. The company plans to return cash to shareholders through dividends and share repurchases, making it a top pick in the gold mining space.

Analysts rate AEM as a “Strong Buy” with a target price increase, reflecting the positive outlook for gold prices. AEM trades at a reasonable multiple despite historical averages. The company remains a safe bet for investors looking to capitalize on the gold market, especially with its consistent production and financial strength.

Read more at Yahoo Finance: Trump’s Greenland Threats Scaring You Off? Buy This Dividend Stock as a Hedge