Looking for low-risk gold exposure? Consider Agnico Eagle Mines.

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Agnico Eagle Mines($NYSE:AEM) is a great option for investors looking for low-risk gold exposure. The company’s assets are located in some of the safest political jurisdictions in the world, including Canada, Finland, Australia, and Mexico. Additionally, Agnico Eagle Mines has one of the lowest all-in sustaining costs of any gold miner in the world. This makes it a very appealing option for investors seeking to add gold to their portfolios.

Market Price

On Wednesday, Agnico Eagle Mines stock opened at $41.5 and closed at $41.1. The company is a leading gold producer with operations in Canada, Finland, and Mexico. It has a strong track record of executing on its projects and delivering on its promises. The stock is a good way to get exposure to gold without taking on too much risk.

VI Analysis

Companies with strong fundamentals are usually considered to have a long-term potential. The app VI Star Chart shows that AGNICO EAGLE MINES is strong in dividend, growth, and medium in asset, profitability. AGNICO EAGLE MINES has an intermediate health score of 6/10 with regard to its cashflows and debt, which means that it might be able to safely ride out any crisis without the risk of bankruptcy.

However, AGNICO EAGLE MINES is classified as ‘cheetah’, a type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. High growth companies are deemed more volatile as they attempt to grow faster.

Summary

Agnico Eagle Mines is a senior Canadian gold mining company with mines located in northwestern Quebec, northern Mexico and Nunavut. The company has a long history of dividend growth and has increased its dividend for 10 consecutive years.