In this review, we look at Agnico Eagle. What is Agnico Eagle? How does it work? Is it a good investment to consider for you or should you look on other alternatives instead? This is just a few of the questions this short review help you answer! Ok, with that said, let´s start!
Name of the Company: Agnico Eagle
Official Website URL: https://agnicoeagle.com/English/home/default.aspx
C.E.O: Sean Boyd
Products: Gold stocks, Gold
Agnico Eagle is a long-serving company which has over the years gathered sufficient information about the industry it operates in, in a bid to serve those whom it deems as relevant stakeholders. This review is meant to expound on what exactly this company does, and whether it is achieving its preset objectives to be of value in the market. In order to shed light on the aspect that matter about this company, I will be providing answers to the following questions:
– What this company is Agnico Eagle about?
– How does it work?
– Which products does Agnico Eagle offer?
– Is it a genuine company?
– What investment opportunities can you take up with this company?
– What are the alternatives to investing with Agnico Eagle?
– What are its outstanding pros and cons?
What is Agnico Eagle?
Agnico Eagle is a senior Canadian-based gold-mining company whose origin can be traced back to the year 1957. Having been in business for a substantial amount of time, Agnico Eagle has managed to gain ground on very lucrative mining zones in a number of countries in the world.
Agnico Eagle is built on the pillars of transparency, which is the reason all of the shareholders of this company are exposed the prices of gold in good time, in order for them to make due diligence in as far as investing is concerned. The no forward gold sales policy happens to be the major policy that takes care of this agendum. It is known that this company has declared a cash dividend year in year out, since 1993. This means that with a substantial investment in this company’s stocks, you can expect to get dividends at the end of the year without fail.
Agnico Eagle thrives on the basis of the maintenance of a high-quality, low-risk and sustainable business. The quality of the ongoing activities in this company’s project pipeline matters a big deal to it since this is how it able to maintain a suitable and manageable portfolio that in one way or another guarantees its growth.
How does it work?
Agnico Eagle’s growth objectives are achieved through the prudent management of all the projects under its name. As a mining company, its main tasks are the mining, exploration, and production of gold for the ready international market. This company has its main operations distributed in Canada, Mexico, Finland, Sweden and the United States of America. The main projects that are currently in its pipeline include:
– Akasaba West
– Canadian Malartic
– La India
– LaRonde Zone 5
– Pinos Altos- (Creston Mascota)
Agnico Gold’s excellence in its niche is to a great extent based on three key pillars, namely: performance, pipeline and people. By leveraging on these three aspects of its business, Agnico Eagle is able to maintain its competitive advantage. The other resulting benefits include its continued growth in as far as its production bases are concerned, the increased delivery of value to shareholders, and the meaningful contribution to the development of its employees and communities.
Agnico Eagle is well known for its contribution to the supply of gold in the market. Currently, this company is in a position to produce more than 1 million ounces of gold on an annual basis. In addition to the gold it produces, Agnico Gold also mines and supplies silver, zinc, and copper to those who need it. As an entrepreneur seeking to achieve your money-making objectives, you can rely on the metals that Agnico brings to the market.
This company is a publicly-traded entity, hence has stock offerings that investors can fully take advantage of to grow their wealth. Its stocks are currently traded in the following exchanges:
– Toronto Stocks Exchange – AEM
– New York Stocks Exchange –AEM
– S&P/TSX 600 Component
Is it a scam or is it legit?
Agnico Eagle’s genuineness cannot be put to question. Making a search on any search engine will provide numerous results that stand as proof that Agnico Eagle exists and is in providing genuine products. The information about its stocks is available on Yahoo Finance, where interested investors can track relevant statistics related to them. The same impression is created through major news outlets, including this article done by Bloomberg.
Also, the fact that this company is listed on TSX and NYSE is more proof that it is a genuine one.
Investors can mainly benefit from Agnico Eagle’s existence in the purchase of the stocks that it offers. This company has declared a cash dividend year in year out, since 1983, hence is capable of offering value to investors who purchase its stocks. Anyone who is well-versed with trading in gold stocks can, therefore, amass an impressive amount of cash through trading the Agnico Eagle stocks.
Alternative to Agnico Eagle
Being a smart investor is all about knowing all the available options before proceeding to invest all your hard-earned cash. Unless you are out to experiment what will work and what will not work, one thing that stands is that you should not lose the money that you should invest. That is why I would recommend that you invest in Gold IRAs, instead of gold stock.
You may have already seen what happens to stock prices every time there is a major economic crisis. Investing in physical gold through a gold IRA will present you with a list of many benefits, including the professional services of the custodians who guide you on how to structure your portfolio.
With a company such as Regal Assets, for example, you can invest in an IRA.
I also want to recommend Resource Insider as they let you invest like a Mining Magnate without you having to be one… If you want to profit from the mining industry.
Both of the companies mentioned here also offer other services that you as an investor might find very beneficial so it might be a wise thing of you to have a look at both of them and take advantage of their great FREE services to start with.
Our #1 recommendations (best of both worlds) below:
Pros and Cons
It is always a smart thing to compare the positives against the negatives to get a better overall view of something, as always in our reviews we provide you with some clear points on both sides of the spectrum:
-Has been in business since 1957
-Has an impressive number of businesses in its portfolio.
-Takes shareholder growth seriously.
-Publicly-traded in major stock exchange companies.
-The prices of stocks may be affected by the reputation and performance of this company.
Do You Own or represent Agnico Eagle?
If you are a representative, or associate of Agnico Eagle and have found something not to be correct in this review please, feel free to tell us and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or simply by sending us an e-mail to email@example.com.
Final words and verdict
Overall rating: (4 / 5)
Ok, I think that sums up the overall view of Agnico Eagle pretty good. It is a legit service for sure, however, if it is the right one for you or not is something you have to decide yourself. It is always a wise thing to educate yourself as much as possible in the areas you are interested in. It might be a good thing for you, however, make sure to get your info from more than one source.
You made a wise decision to read this review and you are a smart person so I am absolutely sure that you will find the right company to do business with that suits your particular needs the most.
What I would recommend?
There are many great investment services out there. We have many Gold Mining investment opportunities and services, coin dealers, IRA service providers, and financial services in general listed on this website, mostly for precious metals and Bitcoin but also for other alternative investments.
You can find the best from 2 worlds that we can recommend below:
I hope you found this short review of Agnico Eagle to be helpful and that you now have a better understanding of what it is and if it is something for you or not. Please, if you have used any of their services then share your experience in the comment section below as it can help others! Also, if you got any questions about this review I will be more than happy to answer them below!
I wish you success!
founder of: Goldretired.com