Agnico Eagle Mines Ltd. (AEM)
Agnico-Eagle Mines explores, develops, and produces gold in the United States, Mexico, Canada, and Finland.
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The US dollar is due for a sizable bounce and when that happens I expect gold will quickly dart below $1000 and AEM will drop at least 5 to 10 points.
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price too high
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Negative Earnings Surprise
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I just don't beleive gold is the next trend. What are you going to do with in under the bridge? Fool's Gold
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Gold won't go up any more! The market can't get much lower and the only reason we buy gold is for security, so I think it time to sell them.
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Adding to my short list for gold and metal miners.
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According to the technical view this stock is heading down to 30"lows for the next week. I will be buying then
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HighGain+ HighPE
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Gold stocks are riding on an unsupportable wave of pessimism. Might as well invest in ammunition (literally, not the munitions company), if you think the world economy is getting much worse than current conditions.
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gold has topped out.... its going to correct. people are taking profits. good short for a while
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P/E = 91.0x v.17.7x for S&P 500
Price/Sales = 23.5x v 1.5x
Price/Cash Flow = 84.3x v 11.6x
Profit Margin = 25.1% v 7.8%
Return on Equity = 6.1% v 15.6%
Return on Assets = 4.6% v 3.0%
Long Term Growth Rate = 37.0% v 13.0%
PEG Ratio = 2.5x v 1.4x
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Now that the Chinese stock market is in tune again with New York and that it is going down, oil and gold won't be able to keep moving higher.

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