12:38:48 EDT Thu 28 Mar 2024
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Agnico Eagle Mines Ltd
Symbol AEM
Shares Issued 209,961,249
Close 2014-10-23 C$ 32.84
Market Cap C$ 6,895,127,417
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Taylor comments on Agnico Eagle

2014-10-23 20:38 ET - In the News

Jay Taylor, in the Oct. 15, 2014, edition of Gold, Energy & Tech Stocks, comments on Agnico Eagle Mines Ltd., recently $34.66. Mr. Taylor said buy five times from April 16, 2005, to Dec. 18, 2013, at prices ranging from $13.32 to $44.28. Along the way, he twice said take some profits -- perhaps sell half -- on Oct. 16, 2007, at $53.50 and July 17, 2009, at $61.96. Assuming a $1,000 investment for each buy, the two half sales yielded profits of $1,601 and $1,458, respectively. The remaining $3,000 position is now worth $3,639. Agnico plans to acquire Cayden Resources, issuing one cent and 0.09 of an Agnico share for each Cayden share. Agnico has long been on Mr. Taylor's list of recommendations. Still, he says some investors "may want to cash out of this one" and save money for the "great new stories" he will be sharing soon.

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