Whether current turmoil is a correction or a stock market crash there are stocks that investors should consider to protect their wealth. The current turbulence facing the markets is partially due to inflation. Thus, it makes sense to protect one’s investment against the risks of inflation. A lot of the rationale for hedging against inflation also applies to protecting portfolios against downside risk; precious metals, commodities, REITs, and other forms of diversification are smart strategies.Aside from inf ...

The price of gold hovers just below its all-time high, capturing the attention of investors as it again tests record levels.The idea of investing in gold can elicit a wide range of responses from people, from strong vitriol to deep praise. You have the gold bugs on one end, whose portfolios are dominated by the yellow metal, and on the other end you have investing purists, who claim because it has no earnings, it has no place in their portfolio. As with most things in life and investing, the truth lies some ...

Investors with an interest in Mining - Gold stocks have likely encountered both Agnico Eagle Mines (AEM) and Alamos Gold (AGI) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scor ...

Investors may turn their attention to gold amid heightened market volatility with Friday’s jobs report showing the US labor force cooled while the unemployment rate rose to 4.3%, its highest peak since 2021.With gold often sought out for defensive safety during economic uncertainty it's noteworthy that the Zacks Mining-Gold Industry is currently in the top 22% of over 250 Zacks industries. That said, here are three of these top gold mining stocks to consider at the moment.Agnico Eagle Mines (AEM) Zacks Rank ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Agnico Eagle Mines (AEM) .Agnico currently has an average brokerage recomm ...

财务数据和关键指标变化 - 公司在第二季度创下了第三个季度的自由现金流纪录,体现了公司在成本控制方面的出色表现 [4] - 公司的现金成本为每盎司870美元,低于年度指引的下限 [23] - 公司的全包成本为每盎司31美元,低于年度指引的下限,这主要得益于较低的现金成本以及推迟了部分维护资本支出 [24] - 公司的收入同比增长21%至20亿美元,调整后EBITDA同比增长33%,自由现金流同比增长超过80% [26] - 公司的调整后每股收益为1.07美元,同比增长65% [27] 各条业务线数据和关键指标变化 - 加拿大Malartic矿场交付了又一个强劲的季度,产量超出计划,主要得益于更高的吞吐量、回收率和矿石品位 [39] - LaRonde矿场从有利的采矿顺序中获益,产量提高 [40] - 安大略省的Macassa矿场继续提高其磨机吞吐量,创下新的季度纪录 [40] - 在Detour,该矿场创下了历史性的季度磨机可用率纪录,平均吞吐量也有所提高 [40] - 在Fosterville,该矿场专注于提高磨机和采矿速率,创下了新的季度和月度纪录 [41] - 在努瓦努特,Meadowbank和Meliadine继续表现出色,两个矿场在解锁地下潜力方面取得了进展 [42] 各个市场数据和关键指标变化 - 公司在努瓦努特的矿场在生产率提升、成本管理等方面表现出色,是公司整体现金成本优异表现的关键驱动因素 [43][44][45][46] - 公司认为这种持续改善的方式值得学习,可以培养人才并实现业务目标 [46] 公司战略和发展方向及行业竞争 - 公司将继续专注于低风险的采矿管辖区,在这些地区拥有多矿山、多年代的地质潜力,并且政治稳定 [74][77] - 公司将致力于成为最高质量的黄金生产商,注重ESG标准、谨慎的资本投资和通过勘探钻探及技术专长创造价值 [74][77] - 公司相信自己在核心采矿管辖区拥有强大的土地资产组合,可以利用现有的资本和资产获得竞争优势 [77] - 公司将继续保持财务实力,为项目增长提供资金支持,加强资产负债表,并向股东返还资本 [77] 管理层对经营环境和未来前景的评论 - 公司在成本控制方面保持高度关注,这使得公司能够将黄金价格上涨的收益传递给股东,而不是用于更高的成本或不良项目 [11][12][15] - 公司将继续保持谨慎的资本配置纪律,无论黄金价格处于何种水平 [15][16] - 公司正在以谨慎、负责任的方式推进Detour地下和Upper Beaver项目,这些项目具有出色的风险调整后收益 [17][18][19] - 公司相信自己拥有必要的人力和资源,能够审慎地将这些项目推进到下一个阶段 [19] 其他重要信息 - 公司在安全和可持续发展方面保持出色表现,获得了多个行业奖项 [8][9][10] - 公司正在加大对Detour、Malartic和Hope Bay的勘探投入,以推动这些关键价值驱动项目的矿产储量和资源量增长 [32][68] 问答环节重要的提问和回答 问题1 **Josh Wolfson 提问** 询问Upper Beaver项目是否可以利用公司在阿比蒂比地区的现有基础设施来降低资本支出 [81][82] **Ammar Al-Joundi 回答** 公司仍在评估将矿石运输至LaRonde的选择,这可能会大幅降低所需的资本支出。但即使建设独立的选矿厂,该项目的收益也很可观,超过20%的内部收益率 [82][83] 问题2 **Anita Soni 提问** 询问公司在下半年是否有任何主要矿场的停产或维护计划 [94][95][96] **Ammar Al-Joundi、Natasha Vaz 回答** LaRonde矿场已完成10天的磨机和14天的地面停产维护,Canadian Malartic矿场也将进行10天的磨机停产维护。Detour矿场还计划在8月和11月进行两次常规停产维护 [95][96] 问题3 **Tanya Jakusconek 提问** 询问公司未来的资本支出预算,以及投资于初创公司的策略 [136][137][146][147] **Ammar Al-Joundi 回答** 公司将根据项目的投资机会和人力资源状况来确定资本支出预算,预计未来几年可能达到20亿美元左右。公司的投资策略是关注自身熟悉的地区和领域,无论是黄金还是其他金属,只要有潜力和公司有相关专长 [138][139][148][149]

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made easy wit ...

业绩总结 - 2024年第二季度实现自由现金流创纪录，达到557百万美元，同比增长87%[8] - 第二季度净收入为472百万美元，较2023年同期的319百万美元增长48%[8] - 调整后净收入为535百万美元，同比增长68%[8] - EBITDA为1,123百万美元，同比增长27%[8] - 现金流来自经营活动为961百万美元，同比增长33%[8] - 2024年上半年约49%的自由现金流以股息和股票回购的形式返还给股东[9] 用户数据 - 黄金销售量为874千盎司，较2023年同期的859千盎司增长2%[8] - 实现黄金价格为2,342美元/盎司，较2023年同期的1,975美元/盎司增长18.5%[8] - 2024年第二季度黄金产量为896千盎司，生产成本为每盎司862美元，总现金成本为每盎司870美元，运营利润为13.05亿美元[15] 未来展望 - Detour Lake矿区预计2030年开始每年生产约100万盎司黄金，净现值（NPV）为8.86亿美元，内部收益率（IRR）为18%[24] - Upper Beaver项目的矿石资源为2,800千盎司黄金和46,000吨铜，初始资本支出为8.9亿美元[27] 新产品和新技术研发 - Upper Beaver项目的总现金成本为每盎司592美元，AISC为每盎司733美元[27] - Hope Bay的Madrid矿区在2024年第二季度的钻探结果显示，黄金品位为17.0克/吨，厚度为25.8米[37] 市场扩张和并购 - Detour Lake矿区的矿石储量为3,277千盎司黄金，矿石品位为每吨0.84克[44] - Detour Lake矿区的矿藏储量和矿藏资源的估算已获得合格人员Dyane Duquette的批准[47] 负面信息 - Detour Lake矿区的开放式矿藏资源基于0.25 g/t黄金的切割等级，较2023年年末的0.30 g/t有所降低[47] - 公司在2023年12月31日的矿产资源和矿藏数据为估算，无法保证预期的吨位和品位能够实现[57] 其他新策略和有价值的信息 - 现金和未提取的信贷额度总计达到2,922百万美元，显示出强大的流动性[10] - 公司在计算每盎司的总现金成本时，采用了按副产品和共同产品的方式进行调整[71] - 所有金额均以美元表示，除非另有说明[89]

文章核心观点 - 公司在2024年第二季度的调整后每股收益为1.07美元,同比增长65美分,超过了市场预期的93美分 [1] - 公司营收为20.766亿美元,同比增长近21%,超过了市场预期的17.19亿美元 [2] 运营情况总结 - 可交付黄金产量为895,838盎司,同比增长,超过了预期的843,693盎司 [3] - 每盎司黄金总现金成本为870美元,同比增加,低于预期的878美元 [3] - 实现的黄金价格为每盎司2,342美元,同比上涨,高于预期的2,021美元 [4] - 全包成本(AISC)为每盎司1,169美元,同比增加,低于预期的1,193美元 [5] 财务状况总结 - 季末现金及现金等价物为9.22亿美元,同比增长113% [6] - 长期债务为11.017亿美元,同比下降46.7% [6] - 经营活动产生的现金流总额为9.613亿美元,同比增长 [7] 展望 - 2024年预计黄金产量为335-355万盎司 [8] - 预计总现金成本为每盎司875-925美元,全包成本为每盎司1,200-1,250美元 [8] - 不包括资本化勘探,2024年资本支出预计为16-17亿美元 [8] 股价表现 - 公司股价在过去一年内上涨52.5%,优于行业21.6%的涨幅 [9]

Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Has Agnico Eagle Mines (AEM) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Agnico Eagle Mines is a member of the Basic Materials sector. This group includes 237 individual stocks and currently holds a Zacks Sector Rank of #12. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst i ...