Jim Cramer on Agnico Eagle: "One of the Best Operators in Space, Maybe the Best"

Agnico Eagle Mines Limited (NYSE:AEM) is one of the stocks that Jim Cramer spoke about. During the episode, Cramer called the company his “favorite.” He said:

“The price of gold has been on an incredible run this year, but some of the gold miners have done even better. Take Agnico Eagle Mines, my favorite, the Canadian company, that’s one of the best operators in space, maybe the best. Here’s a stock that’s up almost 58% for the year, going into its earnings report last night, so expectations, I’d say pretty sky high, but Agnico Eagle still delivered a terrific top and bottom line beat with a stunning level of free cash flow generation. If the stock hadn’t been up already so much, I think it would’ve just skyrocketed. Still, it finished at 0.80% up.”

Agnico Eagle Mines (NYSE:AEM) is a gold mining company involved in the exploration, development, and production of gold and other precious metals, including silver, zinc, and copper.

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Disclosure: None. This article is originally published at Insider Monkey.