|Bid||53.40 x 1100|
|Ask||54.20 x 1000|
|Day's Range||53.41 - 54.06|
|52 Week Range||32.18 - 54.20|
|Beta (3Y Monthly)||-0.26|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.50 (0.92%)|
|1y Target Est||N/A|
Gold price’s reversal this year has created opportunities in gold stocks. The SPDR Gold Shares ETF (GLD) had gained 11% year-to-date as of Friday.
Agnico (AEM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
If you want to know who really controls Agnico Eagle Mines Limited (NYSE:AEM), then you'll have to look at the makeup...
Agnico (AEM) has been upgraded to a Zacks Rank 1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Gold prices have dropped below $1,400 an ounce after Donald Trump and Xi Jinping agreed to restart trade talks, reviving hopes of an end to their tariffs war.
Among miners, Eldorado Gold (EGO), New Gold (NGD), IAMGOLD (IAG), and Barrick Gold (GOLD) have seen the highest gains of 50.6%, 44.4%, 40.3%, and 36.4%, respectively.
Since lower interest rate expectations, a weakening US dollar, and geopolitical factors pushed gold above its long-term resistance of $1,350 per ounce, technical factors seem to have taken over.
The fear of heating inflation and higher interest rates that fueled investor worries in the early months of 2018 as tax cuts were put into place have long been forgotten, explains Lindsey Bell, an analyst with CFRA Research.
Gold regained its shine this month after a dismal year. It has risen about 11% since May 30, after dropping steeply at this time last year. Morgan Stanley (MS) commodities strategist Susan Bates recently said that gold is the firm???s number one commodities pick.
In the world of physically backed gold ETFs, the SPDR Gold Shares (GLD) is the world's largest. As is often the case when gold declines, shares of gold miners overshoot the commodity's decline. The VanEck Vectors Gold Miners ETF (GDX), the largest gold miners ETF, is down 20.9% this year.
Agnico Eagle Mines Ltd (NYSE: AEM) shares are up 7% over the past week as international trade tensions have driven gold prices higher. On Thursday morning, Benzinga Pro subscribers received four options alerts related to Agnico Eagle. At 11:13 a.m., a trader sold 1,378 Agnico Eagle call options at a $44 strike price that expire on Aug. 16.
How do you pick the next stock to invest in? One way would be to spend hours of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]
Sean Boyd has been the CEO of Agnico Eagle Mines Limited (NYSE:AEM) since 1998. This report will, first, examine the...
Agnico Eagle Mines has the highest forward enterprise value-to-EBITDA multiple among the senior and intermediate mining companies under review. It's trading at a multiple of 11.8x, implying a premium of 51% to its close peers and 14.6% to its trailing-five-year multiple.
During the first-quarter earnings season, there weren’t many clear-cut earnings beats among gold miners. Of the miners we're discussing, only Agnico Eagle Mines (AEM) beat analysts’ earnings expectations thoroughly on both the top and bottom lines in the quarter.