Another gold major has reported their first quarter financial results and you guessed it. The jump in the price of gold has translated to great returns for the major.
Of course, we are referring to Agnico Eagle Mines (TSX: AEM), who is just barely the second largest gold producer by market cap. Despite producing about half of what Newmont produces. Production efficiency is key here, and Agnico has delivered yet again.
Lets dive in.
Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
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