Top Regional Bank Companies To Watch In Right Now

Top Regional Bank Companies To Watch In Right Now: Agnico-Eagle Mines Limited(AEM)

Agnico-Eagle Mines Limited, through its subsidiaries, engages in the exploration, development, and production of mineral properties in Canada, Finland, and Mexico. The company primarily explores for gold, as well as silver, copper, zinc, and lead. Its flagship property includes the LaRonde mine located in the southern portion of the Abitibi volcanic belt, Canada. The company was founded in 1953 and is based in Toronto, Canada.

Advisors' Opinion:

• [By Daniel Putnam]

  The second factor working in gold stocks favor is that analysts are growing optimistic again. Yesterday, HSBC put out a bullish note on gold and upgraded Agnico Eagle Mines (AEM), Yamana Gold (AUY), Barrick Gold, Iamgold (IAG), and Goldcorp. Most gold stocks are ranked Hold or Buy (as opposed to Strong Buy) by the majority of analysts, meaning that theres plenty of room for continued positive news flow on this front.

• [By Patricio Kehoe] e, has cash costs of $912 per ounce, and Agnico Eagles costs do not even reach the $700 per ounce mark. Hence, it comes as little surprise that revenue has been decreasing steadily, since gold prices are hovering around the $1300 mark at best. As the company is hemorrhaging money, investment gurus the like of John Burbank and Seth Klarman have decided to sell their entire stake in the firm. I agree with this bearish stance, and recommend investors stay away from Kinross Gold.

  Any Long Term Investment?
  
  If you were to follow Jean-Marie Eveillards purchases, one would be inclined to see good growth prospects for Agnico Eagle, and thus believe in this stocks potential. And, you wouldnt be wrong, as the firm has been growing at a steady pace, with no end in sight to its expansion possibilities. However, with a 171% price premium, investors might be better off waiting until a more favorable entry-point is available. Nevertheless, as a long-term investmen! t, I feel highly optimistic and would thus even consider paying the additional cost.

  Disclosure: Patricio Kehoe holds no position in any stocks mentioned.
  
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  The Strategy of Ben Graham Warren Buffetts Mentor From 1923 to 1957 Warren Buffetts mentor, Ben Graham, followed a strategy of investing in net-nets. He said: It always seemed, and still seems ridiculously simple to say that if one can acquire a diversified group of common stocks at a price less than the...net current assets alonethe results should be quite satisfactory. They were so in our experience, for more than 30 years.
  Today net-nets are rare. They are collected under Gu

• [By Dan Caplinger]

  In the longer term, IAMGOLD could potential challenges from higher taxes on some of its holdings. The Canadian province of Quebec is considering changing the current 16% profit tax either to what amounts to a gross revenue tax or to a more progressive profit tax with higher rates on high-margin mining operations. Under current conditions, those taxes might not have much effect either on IAMGOLD or rivals Agnico-Eagle (NYSE: AEM  ) and Goldcorp (NYSE: GG  ) , both of which also have projects in the province, but it's hard to predict how a changes might affect future results if they take effect.

• [By Sally Jones]

  The once-troubled Agnico Eagle Mines Ltd. (AEM) is hitting a new record for gold production in the third quarter at 315,828 ounces, according to the Financial Post, and the companys executives are buying. Heres a third quarter company update and a look at billionaire stakeholders of AEM, a stock that spiked 23.66% over the past five! days.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-regional-bank-companies-to-watch-in-right-now-2.html