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Agnico-eagle Mines (AEM) [hlAlert]

Rating:
Buy AEM
down 46.18 %

Best Stock for 2009: Agnico-Eagle Mines

Posted on: Sunday,  Dec 21, 2008  12:30 AM ET by Motley Fool: The Best Stocks for 2009

Motley Fool: The Best Stocks for 2009 rated Buy Agnico-eagle Mines (NYSE: AEM) on 12/18/2008, when the stock price was
$43.67. Since then, Agnico-eagle Mines has lost 46.19% as of 01/14/2016's recent price of $23.50.
If you would have followed this Motley Fool: The Best Stocks for 2009's recommendation on AEM, you would have lost 46.18% of your investment in 2583 days.

Agnico-Eagle Mines Limited (Agnico-Eagle) is a gold producer with mining operations located in northwestern Quebec and northern Finland, mine construction projects in northwestern Quebec, Nunavut and northern Mexico and exploration activities in Canada, Finland, Mexico and the United States. The Company operates through four regional units: the Quebec Region, the European Region, the Mexican Region and the Nunavut Region. The Quebec Region includes the LaRonde Mine, the LaRonde Mine extension project, the Goldex Mine and the Lapa mine project, each of which is held directly by the Company. The Company's operations in the European Region are conducted through its indirect subsidiary, Riddarhyttan Resources AB (Riddarhyttan), which indirectly owns the Kittila Mine in Finland. The Company's operations in the Mexican Region are conducted through its subsidiary, Agnico Eagle Mexico S.A. de C.V., which owns the Pinos Altos mine project.

The Motley Fool likes to look at what companies do in the long term, rather than what the stock price does in the short term. It's also why we think this year's selections will do well as companies, and hopefully as stocks, in 2009 and beyond. You can see how performed Motley Fool's 2008 best stocks at: http://www.gainerstoday.com/investor/fool-2008
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/18/2008 4:00 PM Buy
None
43.67
as of 12/24/2008
1 Week up  13.87 %
1 Month   
3 Months   
1 YTD up  13.87 %

(*) Stock Price at the time of the recommendation.
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