11 Best Performing Large Cap Stocks So Far in 2025

Page 3 of 10

8. Agnico Eagle Mines Limited (NYSE:AEM)

Market Capitalization: $56.628B

Number of Hedge Fund Holders: 53

Year-To-Date Performance: 37.04%

Agnico Eagle Mines Limited (NYSE:AEM) is a Canadian-based gold mining company, which is ranked among the top three largest producers of gold in the world. The company specializes in producing gold and other precious metals. Its operations include multiple mines such as the Canadian Malartic Complex, Detour Lake, Fosterville, Goldex, Kittilä, La India, LaRonde Complex, Macassa, Meadowbank Complex, Meliadine, and Pinos Altos.

On May 2, CIBC analyst Anita Soni maintained a Buy rating on the stock with a price target of $119. Agnico Eagle Mines Limited (NYSE:AEM) benefited significantly from the increased gold prices. During the first quarter of 2025, it produced 874,000 ounces of gold with a cash cost of $903 per ounce, identical to the cost a year ago. However, the gold prices rose more than $1000 per ounce year-over-year thereby helping the company. This led the earnings per share higher to $1.53 per share from $0.76 per share in the same period last year.

In addition, Agnico Eagle Mines Limited (NYSE:AEM) has made record investments in exploration and development, focusing on its five key value drivers. It is expanding Detour Lake and Canadian Malartic to over a million ounces per year each, progressing construction at Upper Beaver, advancing Hope Bay, and developing the San Nicolas copper project. Agnico Eagle Mines Limited (NYSE:AEM) ranks as one of the best-performing large-cap stocks so far in 2025.

Page 3 of 10