Monday, February 09, 2015 10:44:14 AM
I suspect consolidation at current levels will be needed.
"The Financial Post reports in its Friday, Feb. 6, edition that Aurion Capital Management managers Craig MacAdam, Bob Decker, Greg Taylor and Mike Archibald recommend buying Agnico Eagle Mines ($42.84). The Post's Jonathan Ratner writes in the Buy & Sell column that Agnico Eagle Mines is a top gold holding for the managers. Mr. Taylor notes that Agnico should benefit the most among its peers from the combination of a weaker Canadian dollar and lower oil price. Mr. Taylor also highlights Agnico Eagle Mines strong management, good project slate and fairly limited political risk. Mr. Taylor says, "We anticipate positive earnings revisions throughout the year." Operational challenges at the Meadowbank project in Nunavut could hold the stock back, note the manager. The managers are growing increasingly cautious Canadian financials, particularly the banks. With the Bank of Canada expecting a slowdown, they anticipate an uptick in loan losses from oil-sensitive regions and slowing loan growth overall. Mr. Archibald says, "It makes us a bit nervous in terms of what the growth profiles for the banks look like going forward."
Recent AEM News
- AGNICO EAGLE FILES TECHNICAL REPORT FOR THE DETOUR LAKE MINE • PR Newswire (US) • 09/20/2024 12:00:00 PM
- AGNICO EAGLE FILES TECHNICAL REPORT FOR THE DETOUR LAKE MINE • PR Newswire (Canada) • 09/20/2024 12:00:00 PM
- Form F-3DPOS - Registration of securities pursuant to dividend or interest reinvestment plans, post-effective amendments • Edgar (US Regulatory) • 08/28/2024 08:20:29 PM
- Three Lakes and One Company that Every Mining Investor Should Know About • AllPennyStocks.com • 08/07/2024 09:01:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/01/2024 06:14:14 PM
- White Gold Corp. Encounters Highest Gold Values to Date and Doubles Strike Length of the Newly Discovered Gold-In-Soil Anomaly to 2.2 km on the QV Property and Prepares for Maiden Diamond Drill Program • GlobeNewswire Inc. • 08/01/2024 11:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/31/2024 09:00:29 PM
- AGNICO EAGLE REPORTS SECOND QUARTER 2024 RESULTS - THIRD CONSECUTIVE QUARTER OF RECORD FREE CASH FLOW UNDERPINNED BY CONSISTENT, STRONG OPERATIONAL AND COST PERFORMANCE; UPPER BEAVER PROJECT STUDY SHOWS SOLID RISK-ADJUSTED RETURNS • PR Newswire (US) • 07/31/2024 09:00:00 PM
- AGNICO EAGLE REPORTS SECOND QUARTER 2024 RESULTS - THIRD CONSECUTIVE QUARTER OF RECORD FREE CASH FLOW UNDERPINNED BY CONSISTENT, STRONG OPERATIONAL AND COST PERFORMANCE; UPPER BEAVER PROJECT STUDY SHOWS SOLID RISK-ADJUSTED RETURNS • PR Newswire (Canada) • 07/31/2024 09:00:00 PM
- US Index Futures Up Ahead of Fed Decision; Oil Prices Surge Amid Middle East Tensions • IH Market News • 07/31/2024 10:01:30 AM
- AGNICO EAGLE ANNOUNCES SUBSCRIPTION FOR COMMON SHARES OF FIRST NORDIC METALS CORP. • PR Newswire (US) • 07/15/2024 09:00:00 PM
- AGNICO EAGLE ANNOUNCES SUBSCRIPTION FOR COMMON SHARES OF FIRST NORDIC METALS CORP. • PR Newswire (Canada) • 07/15/2024 09:00:00 PM
- AGNICO EAGLE PROVIDES NOTICE OF RELEASE OF SECOND QUARTER 2024 RESULTS AND CONFERENCE CALL • PR Newswire (US) • 06/27/2024 11:30:00 AM
- AGNICO EAGLE PROVIDES NOTICE OF RELEASE OF SECOND QUARTER 2024 RESULTS AND CONFERENCE CALL • PR Newswire (Canada) • 06/27/2024 11:30:00 AM
- AGNICO EAGLE ANNOUNCES ADDITIONAL INVESTMENT IN MAPLE GOLD MINES LTD. • PR Newswire (US) • 06/24/2024 11:30:00 AM
- AGNICO EAGLE ANNOUNCES ADDITIONAL INVESTMENT IN MAPLE GOLD MINES LTD. • PR Newswire (Canada) • 06/24/2024 11:30:00 AM
- AGNICO EAGLE RELEASES DETOUR LAKE PROPOSED UNDERGROUND MINING PLAN DEMONSTRATING STRONG RETURNS AND PATHWAY TO ANNUAL GOLD PRODUCTION OF ONE MILLION OUNCES • PR Newswire (Canada) • 06/19/2024 12:00:00 PM
- AGNICO EAGLE RELEASES DETOUR LAKE PROPOSED UNDERGROUND MINING PLAN DEMONSTRATING STRONG RETURNS AND PATHWAY TO ANNUAL GOLD PRODUCTION OF ONE MILLION OUNCES • PR Newswire (US) • 06/19/2024 12:00:00 PM
- Form F-3D - Registration of securities pursuant to dividend or interest reinvestment plans • Edgar (US Regulatory) • 06/13/2024 08:27:55 PM
- Form F-X - Appointment of Agent for Service of Process and Undertaking • Edgar (US Regulatory) • 06/11/2024 06:38:35 PM
- Form F-10EF - Registration Statement for Securities of certain Canadian Issuers, immediately effective. • Edgar (US Regulatory) • 06/11/2024 06:22:39 PM
- AGNICO EAGLE ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID • PR Newswire (US) • 05/01/2024 09:30:00 PM
- AGNICO EAGLE ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID • PR Newswire (Canada) • 05/01/2024 09:30:00 PM
- AGNICO EAGLE ANNOUNCES ELECTION OF DIRECTORS • PR Newswire (Canada) • 04/26/2024 09:30:00 PM
- AGNICO EAGLE ANNOUNCES ELECTION OF DIRECTORS • PR Newswire (US) • 04/26/2024 09:30:00 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM