Agnico Eagle’s Strong Gold Production Attracts Big Money
From Yahoo Finance: 2025-04-25 06:50:00
Agnico Eagle Mines (AEM) is a Toronto-based company focused on precious metals, primarily gold, with mines in Canada, Australia, Finland, and Mexico. In Q1 of fiscal 2025, AEM reported a profit of $814.7 million on revenue of nearly $2.5 billion, with 873,794 ounces of gold produced at production costs per ounce of $879.
AEM shares have surged over 53% this year, supported by institutional investors and strong sales and earnings growth. The company’s profit margin stands at +22.9%, reflecting its track record of financial performance and potential for further growth.
AEM has consistently been a top-rated stock at MAPsignals, showcasing unusual buy pressure and growing fundamentals. With historical gains and strong financials, AEM’s stock rally driven by Big Money buying signals a potential addition to a diversified portfolio.
Read more at Yahoo Finance: Agnico Eagle’s Strong Gold Production Attracts Big Money