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

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 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 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 explores and produces gold. The company’s operations are divided into the following segments: Northern Business, Southern Business, and Exploration.

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This article is originally published at Insider Monkey.