As to being damaged, we'll see. We had a bad quarter due to a perfect storm of negative events. The bad part was that they blindsided us. I'll give them one quarter to redeem themselves per my usual practice of doing this for stocks I have some personal confidence in.
If they fail again, I'll just move on, if they clean up the problems, life's the berries man.
Meanwhile, gold mining stocks aren't for the faint hearted. Put your money in an index fund or somthin.
I hate to say it, but I agree with one caveat. I would say that it is the company that is damaged not the stock. The stock simply is reflecting that reality right now.
When things first came out with their quarterly report my feeling was that this was temporary. However clearly the street sees it differently and day traders view this as a vulnerable stock for bear raids.
There are better buys out there. I think GDX is a better bet right now with substantially lower risks. When you have a gold stock that consistently is either flat or going down when gold is rising that's a sure sign of a damaged company. It hurts but I am cashing out of AEM. I am getting out with a profit, but not nearly what I had a few weeks ago.