|Bid||41.35 x 1200|
|Ask||47.00 x 1300|
|Day's Range||41.98 - 43.18|
|52 Week Range||32.18 - 47.83|
|Beta (3Y Monthly)||-0.54|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 8, 2017 - Feb 13, 2017|
|Forward Dividend & Yield||0.44 (1.05%)|
|1y Target Est||49.52|
Shares of Agnico Eagle Mines Ltd. (AEM) rose 0.33% to $42 in after-hours trading Thursday after the company posted fourth-quarter and full-year 2018 results. Warning! GuruFocus has detected 9 Warning Signs with AEM. Fourth-quarter revenues were generated from payable gold production of 410,712 ounces, which were 0.6% lower than the prior-year quarter.
Billionaire Sam Zell just bought gold for the first time, reports Frank Holmes, CEO of US Global Investors and editor of Frank Talk.
On a per-share basis, the Toronto-based company said it had a loss of $1.68. Earnings, adjusted for non-recurring costs, were 14 cents per share. The results surpassed Wall Street expectations. The average ...
Stock Symbol: AEM (NYSE and TSX) (All amounts expressed in U.S. dollars unless otherwise noted) TORONTO , Feb. 14, 2019 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM) ("Agnico Eagle" ...
Yamana Gold: What's in the Cards for Q4 2018 Results?Yamana Gold’s performance Yamana Gold (AUY) stock has outperformed its peers (GDX) year-to-date. Until February 12, the stock has gained 12.5% against Agnico Eagle Mines’ (AEM), Kinross
What to Look For in Barrick Gold’s Q4 Earnings(Continued from Prior Part)Factors affecting Barrick’s estimates As we’ve seen previously in the series, Barrick Gold (GOLD) has underperformed its peers year-to-date. Most of the analysts are
What to Look For in Barrick Gold’s Q4 EarningsBarrick Gold’s merger with Randgold Barrick Gold (GOLD) announced its merger with Randgold Resources on September 24. Due to the perceived synergies, both the stocks gained after the news. Between the
Digging into Gold Miners' Performances ahead of Their Q4 Results(Continued from Prior Part)Valuation for capital-intensive industriesThe EV-to-EBITDA (enterprise value-to-EBITDA) multiple is a good measure of valuation for capital-intensive
Digging into Gold Miners' Performances ahead of Their Q4 Results(Continued from Prior Part)Earnings estimates In this article, we’ll discuss what analysts expect for gold miners’ (RING) earnings in the fourth quarter of 2018. In line with their
Digging into Gold Miners' Performances ahead of Their Q4 Results(Continued from Prior Part)Analysts’ forecasts Analysts estimates for gold miners’ (GDX) revenues can give us a good idea about their gold price (GLD) outlooks as well as their
Digging into Gold Miners' Performances ahead of Their Q4 Results(Continued from Prior Part)Market sentiment Let’s look at Wall Street analysts’ recent ratings and recommendations for gold miners ahead of their fourth-quarter earnings results.
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.
As concerns about the health of the global economy are starting to make themselves known, one asset class has started to shine in a big way. We're talking about precious metals and gold stocks. The price of gold has steadily climbed and is now around $1313 per ounce. For the various gold stocks, this is a huge blessing. After suffering from low gold prices for years, the steady climb is great news for the sector's bottom line. That's because the gold stocks make money on the difference between what it costs them to produce and what gold is trading at. The difference between the two price points is generally all profit for the major mining firms. So, the higher gold goes, the more money the miners will make. With increasing volatility and uncertainty in the world as well as rising M&A, the gold stocks are sitting pretty in the current environment. Gold should stay steady and increase as the world's economy begins to slow. Then it will be all gravy for the various gold mining stocks. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 9 Best Stocks to Invest In During a Manic Market But which ones could be the best? Here are five gold stocks that should add some shine to a portfolio. Source: Jeremy Vohwinkle via Flickr (Modified) ### Barrick Gold (GOLD) When it comes to gold stocks, bigger is often better. As a miner, you can use scale to reduce costs and boost efficiency at your mines. And with gold prices rising, the largest mining stocks are able to pull in a bigger spread when comes to all-in cash costs. So, when one of the biggest gold miners gets that much bigger, you pounce on the opportunity. In this case, we're talking about Barrick Gold (NYSE:GOLD) GOLD was already a top-dog in the sector, but it's getting even better. At the end of 2018, Barrick made the bold move to acquire rival Randgold Resources. This buyout created the world's biggest gold mining firm. Combined the new company will own five of the world's top tier one gold mines. Tier one mines are prized as they are large, low-cost and have very long life-spans. The combination will help drive future profitability and production. Speaking of that profitability, Barrick is already doing well in the current gold environment. All-in cash costs clocked in at $813 per ounce of gold for the first three months of 2018. With gold averaging nearly $1250 over that time, GOLD has been able to feast on the difference. Full year results including Randgold will be released at the end of February. With a strong and growing dividend, lower cost potential and higher selling prices, Barrick is simply one of the best gold stocks to own. Source: Shutterstock ### Kirkland Lake Gold (KL) Kirkland Lake Gold (NYSE:KL) is a relative newcomer in the sector, but it's already moving up the gold stocks ladder to be a huge winner and attract major investor attention. KL owns four producing mines in Canada and Australia. And that's a good place to be. With safety and standard mining rules in place, KL has been able to see some huge results in its short life-span. The firm's strong production has it on pace to mine roughly 670,000 oz of gold this year. That's a nearly 13% increase of 2017 numbers. For the full-year 2019, Kirkland expects that number to jump an additional 15%. Meanwhile, the gold stocks mines are pretty low cost as well. Back in 2016, when it was ramping up its mines, KL's cash cost was around $930. For full-year 2018, management at the gold miner expects that number to fall to just $760 and $680 for all of 2019. Pulling more production at higher selling prices while your cost is falling is a recipe for success. No wonder why Kirkland stock surged by more than 60% last year. But with some of the best metrics in the entire sector and continuing rising gold prices, KL stock should be a winner over the rest of the year. * 3 Red-Hot Stocks (And 3 That Aren't) For investors, Kirkland may be unknown, but it won't stay that way for long. Source: Bullion Vault via Flickr (Modified) ### Coeur Mining Inc (CDE) Truth be told, Coeur Mining (NYSE:CDE) has long been the red-headed stepchild of the mining sector. The silver producer has typically been a penny stock and hasn't really produced great returns for long term investors. However, the firm's recent move -- and its 15% jump in January -- are looking to change that. Historically, CDE has been a silver miner. But over the last few years, the mining firm has ramped-up gold production. Today, the yellow metal makes up more than 59% of CDE's production. That's a complete flip-flop with silver over the last decade -- which is good for CDE because gold provides better margins. And speaking of those margins, Coeur has been able to release lower costs as well. Since 2014, CDE has been able to reduce its all-in costs at its five mines by more 20%. With gold and silver prices rising, CDE's lower cash costs will allow to pull in more per oz going forward. This helps explain why the stock has rocketed higher since the start of the year. And it could keep going. With a strong balance sheet, plenty of reserves in the ground and expansion plans on the table, there's no reason why this silver producer turned gold stock won't see gains. It's certainly a riskier play than Barrick or even Kirkland, but the reward could be greater. Source: Karangahake Gorge Tunnel (New Zealand) via Flickr (Modified) ### Agnico-Eagle Mines (AEM) Shortly after Barrick purchased Randgold, other big-time gold stock Newmont (NYSE:NEM) made an offer for Goldcorp (NYSE:GG). Gold stocks are now M&A targets. The question is, who could be next. The answer very well could be Agnico-Eagle Mines (NYSE:AEM). AEM owns eight mines are located in Canada, Finland and Mexico. These mines feature high-quality and easy-to-access ore. That's helped Agnico-Eagle have some of the lowest all-in cash costs in the industry. According to AEM, the vast bulk of its current mineral reserves are able to be mined at total cash costs below $900 oz. And that number continues to fall as several other expansion efforts come online in the next year or two. All of this has helped AEM become a top-tier miner that features plenty of cash flows and a growing dividend. This makes it very attractive to larger rivals looking to instantly beef up their holdings with high-quality gold reserves. And with a market cap of only around $10 billion, the gold miner is very easy to swallow. And even if a buyout doesn't happen, AEM is still one of the best gold stocks to hold in a rising price environment. * 4 Brazilian Stocks to Buy as the Emerging Market Pauses For investors, AEM is the total package of potential and current gains. Source: Shutterstock ### iShares MSCI Global Gold Miners ETF (RING) Given the opportunities for many gold stocks to see gains with higher prices, perhaps a broad approach is best. Typically, the VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) is the first stop when it comes to broad gold mining stock exposure. However, the iShares MSCI Global Gold Miners ETF (NASDAQ:RING) may be a better fund. RING and GDX track similar indexes of global gold producers. However, RING is slightly more concentrated with just 37 different miners versus GDX's nearly 60. That concentration hasn't hurt the performance of RING. Over the last three years, the average annual return for the ETF has clocked in at around 16%. That's roughly equal to GDX's performance over that time. But over the long haul, RING's edge comes down to expenses. RING only charges 0.39% or around $39 per $10,000 invested. Meanwhile, GDX's expense ratio clocks in at 0.53%. All things being equal -- and for the most part, in this case, they are -- RING should be able to outperform GDX as GDX has a larger expense drag. Even better is that RING is available to trade commission free at many brokerage firms such as Fidelity. Given the lower fees and potential to save on trading commissions, investors looking to broadly play the gold stocks may want to pick the smaller RING over the popular VanEck fund. At the same of writing, Aaron Levitt did not hold a position in any of the stocks mentioned. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks That Won Super Bowl Sunday * 7 High-Yield ETFs for Brave Investors * 10 F-Rated Stocks That Could Break Your Portfolio Compare Brokers The post 5 Gold Stocks That Should Glitter in 2019 appeared first on InvestorPlace.
Which Gold Stocks Are Looking Attractive in 2019?(Continued from Prior Part)AEM has the highest multiple Among intermediate gold miners (GDX), Agnico Eagle Mines (AEM) has the highest forward EV-to-EBITDA (enterprise value-to-EBITDA) multiple of
NEW YORK, Jan. 30, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Why Analysts' Sentiments Are Turning Positive on IAMGOLDAnalysts’ ratings for IAGAnalysts’ sentiments toward IAMGOLD (IAG) have been changing for the better in the past few months. Currently, the stock has “buy” recommendations from 83% of
A bull market was born in gold prices last quarter, and it continues to shine brightly. And gold stocks are being bid up alongside the commodity, bringing new opportunities to traders. Today we'll identify a few of the best looking candidates to consider. Since carving out a low at $1,167 last year, gold has surged $135 or 11.5%. Along the way, the yellow metal climbed back above its 200-day, 50-day and 20-day moving averages to fully reverse its short-term and intermediate-term trends. One of the most obvious catalysts for the strength was the dreadful descent in risk assets like stocks. Scared investors have a history of hiding in the gold mine. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Perhaps the most bullish development to speak of is how well gold has stayed up during the recent market recovery. Although the S&P 500 has rallied some 12.5% off its lows, gold hasn't budged an inch. In fact, it's lifting to a new six-month high as I type. * 10 Triple-A Stocks to Buy in February Against this backdrop, many gold stocks are once again finding their luster. Here are three of the best gold stocks out there. ### Vaneck Vectors Gold Miners ETF (GDX) Click to Enlarge Source: ThinkorSwim Traders seeking exposure to gold stocks have two choices: Pick individual companies or buy the whole industry via an exchange-traded fund. The former route is riskier but offers more potential reward if you can identify a company that delivers industry-beating returns. For those unwilling to roll the dice on their stock-picking skills, the ETF path beckons. The Vaneck Vectors Gold Miners ETF (NYSEARCA:GDX) is Wall Street's most liquid avenue for buying a basket of gold stocks. With Friday's rally and this morning's follow through, GDX is once again testing resistance at $21.50. And I suspect a breakout and additional upside is just a matter of time. Buy GDX with a stop below $20.15. ### Agnico Eagle Mines (AEM) Click to Enlarge Source: ThinkorSwim Friday's rally in Agnico Eagle Mines (NYSE:AEM) was impressive. The 4.3% rip carried AEM stock from the lower to the upper end of its two-month base in a single session. With AEM now sitting atop all major moving averages, it's well positioned to accelerate its recovery higher. Watch for a break above resistance at $41.50 to confirm the completion of the recent basing pattern. Old support near $44 is the next upside target. * 10 of the Best Stocks to Invest In for February AEM stock options boast sufficient liquidity for a short premium play. Sell the March 39 puts for 90 cents. ### Franco-Nevada Corp (FNV) Click to Enlarge Source: ThinkorSwim As one of the largest holdings of GDX, Franco-Nevada Corp (NYSE:FNV) looks similar to the posture of the ETF. With last week's rally, FNV now sits well above a rising 20-day, 50-day and 200-day moving average. Distribution days have been absent for the past six weeks showing little selling aggression beneath the surface. The pair of pullbacks from early-January both tested and held support near $68, so that's the line in the sand for bulls. Provided we remain above it, buyers deserve the benefit of the doubt, and the path of least resistance is higher. The next two resistance zones of $76 and $80 are logical upside targets. FNV options don't offer much liquidity, so would-be buyers should go with a straight stock play. As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to protect your portfolio against a market crash. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Recession-Proof Stocks to Buy ... According to Goldman Sachs * 10 Triple-A Stocks to Buy in February * 7 Smart Money Opinions on Where Stocks Are Going Next Compare Brokers The post 3 of the Best Gold Stocks to Mine for Cash appeared first on InvestorPlace.
Gold’s Long-Term Outlook Is Upbeat despite Short-Term Headwinds(Continued from Prior Part)Analysts are bullish on gold in 2019As we discussed in Bulls versus Bears on Wall Street: Time to Buy Gold in 2019?, most analysts are bullish on gold’s
Which Five Gold Stocks Are Analysts Loving So Far in 2019?(Continued from Prior Part)Analysts’ ratingsAccording to Thomson Reuters, of the 16 analysts covering Newmont Mining (NEM), 56.0% have given it “buy” recommendations, 31.0% have given
Which Five Gold Stocks Are Analysts Loving So Far in 2019?(Continued from Prior Part)Analysts’ recommendationsAccording to the consensus compiled by Thomson Reuters, 57% of the analysts covering Yamana Gold (AUY) have recommended “buys” on its
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be remiss not to mention that insider sales have Read More...
Which Five Gold Stocks Are Analysts Loving So Far in 2019?(Continued from Prior Part)Analysts’ ratings for IAGCurrently, IAMGOLD (IAG) has the third-highest number of “buy” recommendations among analysts at 75%. The other 25% analysts have