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Bank of America Securities Remains Bullish on Agnico Eagle Mines (AEM)

By Noor Ul Ain Rehman | September 02, 2025, 12:46 AM

Agnico Eagle Mines Limited (NYSE:AEM) is one of the best high growth NYSE stocks that are profitable. On August 29, Bank of America Securities analyst Lawson Winder maintained a Buy rating on Agnico Eagle Mines Limited (NYSE:AEM) and set a price target of $209.00.

Why Agnico Eagle Deserves a Spot in a Defensive Dividend Portfolio

Agnico Eagle Mines Limited (NYSE:AEM) reported its fiscal Q2 2025 results on July 30, with payable gold production of 866,029 ounces at production costs per ounce of $911, total cash costs per ounce of $933, and all-in sustaining costs per ounce of $1,289.

The company attributed solid operational performance in fiscal Q2 2025 to Canadian Malartic, LaRonde, Macassa, and Fosterville.

Agnico Eagle Mines Limited (NYSE:AEM) also reported quarterly net income of $1.069 billion or $2.13 per share and record adjusted net income of $976 million or $1.94 per share.

Agnico Eagle Mines Limited (NYSE:AEM) explores and produces gold. The company’s operations are divided into the following segments: Northern Business, Southern Business, and Exploration.

While we acknowledge the potential of AEM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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

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