AEM Intrinsic Value – Fred Hickey’s Top Picks Include AGNICO EAGLE MINES Stock and ETFs

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Fred Hickey, a renowned investor and editor of the High-Tech Strategist newsletter, recently identified AGNICO EAGLE MINES ($NYSE:AEM) Stock and ETFs as some of his highest-ranking investments in the mining sector. AGNICO EAGLE MINES is a Canadian gold mining company with operations and projects in Canada, Finland, and Mexico as well as exploration activities in each of those countries plus the United States. The company’s main business is the production and sale of gold, silver, and other metals.

In addition, the company has an extensive development portfolio, including six development projects and eight advanced exploration projects. In its most recent quarterly report, AGNICO EAGLE MINES reported a strong increase in both sales and earnings compared to the previous year. This makes the stock an attractive option for investors looking for income and capital appreciation. Given its strong financial performance and excellent track record of mining developments, it is not surprising that Fred Hickey has included AGNICO EAGLE MINES stock and ETFs in his list of top picks. These investments carry a low risk relative to other mining stocks and offer a great opportunity for investors looking for long-term gains. For anyone considering investing in the mining sector, AGNICO EAGLE MINES is an excellent choice.

Market Price

On Wednesday, renowned investor Fred Hickey named AGNICO EAGLE MINES as one of his top picks in the stock and ETF markets. When the markets opened, AGNICO EAGLE MINES stock was valued at $53.7 and by the closing bell it had fallen slightly to $53.4. Investors, particularly those interested in mining and mineral exploration, were quick to take note of the endorsement from Hickey and were eager to buy into the company. AGNICO EAGLE MINES has seen a surge in recent popularity after a series of successful operations and increases in profits over the last several months. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for AEM. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for AEM. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for AEM. More…

Key Ratios Snapshot

Some of the financial key ratios for AEM are shown below. More…

Analysis – AEM Intrinsic Value

At GoodWhale, we’ve conducted an in-depth analysis of AGNICO EAGLE MINES’s financial performance in order to estimate its intrinsic value. Based on our proprietary Valuation Line, we have calculated the share price of AGNICO EAGLE MINES to be around $51.6. Currently, the stock is traded at $53.4, which is a fair price but slightly overvalued by 3.5%. More…

Summary

Agnico Eagle Mines (AG) is a Canadian gold mining company that produces gold from mines and operations located primarily in Canada, Finland and Mexico. Fred Hickey’s analysis indicates that AG is a buy for investors who are looking for exposure to the gold mining sector. The company is currently trading at a lower-than-normal valuation, which signals that it may be undervalued and a good long-term investment. Hickey has identified AG as having good fundamentals, including a strong balance sheet, a reliable dividend, and an attractive production profile.

Additionally, his analysis shows that AG has been able to consistently generate higher-than-average returns on capital employed. Its dividend yield is also higher than its peers and it has outperformed the industry average in terms of return on investment. Overall, Hickey believes that AG is a great option for investors who are looking to gain exposure to the gold mining sector, given its attractive current valuation and positive financials.