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$70.40 -0.56 (-0.79%)
7/8/2008 4:03 PM

AGNICO EAGLE MINES Ltd. (AEM)

CAPS Rating:
****

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Avatar TMFSinchiruna (98.51) Submitted: 1/23/08 4:58 PM : Outperform Start Price: $37.69 AEM Score: 96.94

Agnico Eagle is one of the most rock-solid major producers in the gold mining industry. It has fully arrived on the scene as one of the largest-scale gold producers, which it procures at incredibly low cost compared wth its peers. Unlike many of the other major gld producers (Newmont, Goldcorp, etc.), AEM management has done a terrific job with achieving organic growth in a competitive environment. AEM has had an amazing run already, but with its solid fundamentals it has much further to run... even if it may be outpaced by mid-tier producers like Yamana or NovaGold.

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