Agnico-Eagle Mines is a leading precious metals mining company that primarily focuses on the exploration, extraction, and production of gold, along with other minerals
Headquartered in Canada, the company operates several mines across North America and has a strong commitment to sustainable mining practices, environmental stewardship, and community engagement. With a robust portfolio of assets and a proactive approach to resource development, Agnico-Eagle seeks to create value for its stakeholders while contributing positively to the regions in which it operates. The company's strategic initiatives include expanding its production capabilities and investing in innovative technologies to enhance efficiency and safety in mining operations.
Agnico Eagle Mines (NYSEAEM) reported strong financial and operational results for 2024, with record margins and debt reduction. CEO stated $1 billion returned to shareholders.
The Gold/Silver ratio since March 2021(then 66x) has climbed up and away from its century-to-date average which today is 68.7x versus the actual ratio now of 87.8x.
Gold's 2024 outperformance has carried over into 2025, with GLD up nearly 3% year-to-date and several gold stocks displaying immense relative strength.
Technical analysis is the way to understand price action in the short term. But you can’t ignore fundamentals, the forces that dictate, more than anything, the long-term performance potential of stocks.
Positive trends for commodities likely to continue in 2025. Junior companies exploring safe jurisdictions include Volt Lithium, Northern Superior, Sierra Madre Gold and Silver, and Friedman Industries.