Agnico Eagle’s Strong Gold Production Attracts Big Money

Agnico Eagle’s Strong Gold Production Attracts Big Money

Based in Toronto, AEM explores, develops, and produces precious metals. Its mines in Canada, Australia, Finland, and Mexico, along with its exploration and development activities in Canada, Australia, Europe, Latin America, and the U.S. mostly focus on gold. AEM’s facilities are in some of the best gold producing areas in the world. Gold’s favorable landscape right now is a boon for AEM.

In the first quarter of fiscal 2025, AEM reported a profit of $814.7 million on revenue of nearly $2.5 billion. Total net income amounted to $1.62 per share, which was above consensus estimates. Gold production was 873,794 ounces at production costs per ounce of $879. Total cash costs per ounce were $903 and all-in sustaining costs per ounce were $1,183. As of this writing, the spot price of gold (XAU) is about $3,300.

It’s no wonder AEM shares are up more than 53% this year – and they could rise more. MAPsignals data shows how Big Money investors are betting heavily on the forward picture of the stock.

Institutional volumes reveal plenty. Recently, AEM has enjoyed strong investor demand, which we believe to be institutional support.

Each green bar signals unusually large volumes in AEM shares. They reflect our proprietary inflow signal, pushing the stock higher:

Source: www.mapsignals.com
Source: www.mapsignals.com

Plenty of materials names are under accumulation right now. But there’s a powerful fundamental story happening with Agnico Eagle.

Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, AEM has had strong sales and earnings growth:

Source: FactSet

Also, the company’s profit margin stands at +22.9%.

Now it makes sense why the stock has been powering to new heights. AEM has a track record of strong financial performance.

Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.

Agnico Eagle has been a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s made the rare Top 20 report multiple times in the last year. The blue bars below show when AEM was a top pick…generating gains along the way:

Source: www.mapsignals.com
Source: www.mapsignals.com

Tracking unusual volumes reveals the power of money flows.

This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.

The AEM rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

DJ Kamal Mustafa

DJ Kamal Mustafa

I’m DJ Kamal Mustafa, the founder and Editor-in-Chief of EMEA Tribune, a digital news platform that focuses on critical stories from Europe, the Middle East, Africa, and Pakistan. With a deep passion for investigative journalism, I’ve built a reputation for delivering exclusive, thought-provoking reports that highlight the region’s most pressing issues.

I’ve been a journalist for over 10 years, and I’m currently associated with EMEA Tribune, ARY News, Daily Times, Samaa TV, Minute Mirror, and many other media outlets. Throughout my career, I’ve remained committed to uncovering the truth and providing valuable insights that inform and engage the public.

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