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-0.000956259961041331 -0.00270350038368464 -0.00548964051708883 -0.0052535269464613 0.0106369163567676 0.00829561419042557 0.00518269287527299 0.00426184994982575
Stock impact report

JPM starts Barrick Mining at Overweight, flags valuation gap versus Agnico Eagle [Yahoo! Finance]

Agnico Eagle Mines Limited (AEM) 
Last agnico eagle mines limited earnings: 4/30 05:07 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Agnico Eagle Mines, citing a bullish outlook for gold but diverging valuation and growth profiles between the two miners. Gold's rally has been driven by strong central bank and ETF buying, inelastic mine supply, and uncertainty around US policy. Gold prices have risen sharply over the past year, while gold mining stocks have more than doubled, with Barrick outperforming Agnico over that period. Agnico and Barrick are now closely matched as the world's second- and third-largest gold miners, but JPM says they offer contrasting investment cases. JPM sees Agnico as the premier operator in the sector, supported by operational execution, a favorable cost structure, and a lower-risk regional footprint. Though much of Agnico's next phase of growth lies in the 2030s and that its current valuation looks full. Whereas Barrick offers a large reserve base and nearer-term organic growth opportunities, though JPMorgan flagged a mixed execution history, an ongoing management transition, Show less Read more
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