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Agnico Eagle: A 15% Selloff In A Best-In-Class Gold Miner

Source: SeekingAlpha

2026-05-22 10:07:28 ET

Agnico Eagle Mines Analysis

Agnico Eagle Mines ( AEM ) is down about 15% over the past month , while gold ( GLD ) prices are down 4% . That's a bit surprising for a gold miner that I've long considered best-in-sector, and so the selloff has certainly grabbed my attention. The sell-off has nothing to do with the company, rather, it can be attributed to the drawdown in gold prices and ordinary profit-taking in a name that has run hard for a couple of years and was perhaps due for a breather....

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Agnico Eagle: A 15% Selloff In A Best-In-Class Gold Miner
Kinross Gold Corporation

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