If You Are Bullish On Gold, Agnico Eagle Remains A Great Pick
AEMAgnico Eagle(AEM) Seeking Alpha·2024-02-10 17:58

andresr/E+ via Getty Images Agnico Eagle Mines Ltd. (NYSE:AEM) remains a favorite of gold bugs and gold hedgers, holding a unique combination of bullish logic. The valuation is fair, while its underlying mining properties and resources are some of the best in the industry. A significant "margin of safety" for investors is supported by lower-cost operations from locations mostly in Canada. In addition, the balance sheet and management team are quite strong. My view is if you want exposure to rising gold pric ...